Steel Stocks News
India’s steel safeguard duty offers a short-term fix—but will it be enough?
India has slapped a 12% safeguard duty on cheap flat steel imports from China and Vietnam. While this may lift domestic prices in the short term, analysts warn that free trade pacts and global oversupply could blunt its long-term impact.
4 min read24 Apr 2025SAIL, Tata Steel to Jindal Steel: These metal stocks remain firm despite Trump's tariffs
On April 3, steel stocks performed well in the stock market as they were exempt from the new reciprocal tariffs imposed by President Trump on imports from India.
2 min read3 Apr 2025JSW Steel shines on favourable prices, higher volume projections
Investors’ optimism is reflected in the company’s shares, which have gained 18% so far in 2025, making JSW the most valuable steel company in the world.
3 min read1 Apr 2025Multibagger BMW Industries share price jumps 10% to 2-week high. Here's why
BMW Industries' shares surged 10% to ₹49.51 after announcing a Memorandum of Understanding with the Ministry of Steel for the Production Linked Incentive Scheme. The company plans to establish a greenfield downstream steel complex in Bokaro, Jharkhand, with significant production capacity.
2 min read25 Mar 2025Steel stocks rally on safeguard duty proposal—but the real test lies ahead
A proposed duty on steel imports could boost domestic producers, but its impact may be limited. Global factors—from China’s supply glut to shifting trade policies—will dictate the industry’s trajectory.
3 min read21 Mar 2025SAIL, Tata Steel to APL Apollo – Steel stocks rally up to 7% as DGTR recommends 12% safeguard duty to curb imports
Steel companies like NMDC Steel and SAIL saw shares rise up to 7% following DGTR's recommendation for a 12% safeguard duty on certain steel imports.
1 min read19 Mar 2025From Re 0.65 to ₹12: This multibagger penny stock surges 1,800% in five years. Do you own?
Multibagger penny stock: Rama Steel Tubes has delivered impressive returns to investors, with shares up 1,800% over five years. The company is expanding into solar energy and defence sectors, planning to increase production capacity and target specialised markets.
3 min read22 Jan 2025Stocks to Watch: Wipro, Mazagon Dock, ITC, KPI Green, MOIL, Protean eGov, and more
Here’s a quick look at stocks likely to be in focus in today's trade.
3 min read3 Dec 2024JSW Steel Q2 Results: Net profit drops 85% YoY to ₹404 crore, revenue down 11%
JSW Steel's Q2 results show an 85% net profit decline to ₹404 crore due to a ₹342 crore exceptional loss and higher taxes. Revenue fell 11% to ₹39,684 crore, with EBITDA at ₹5,437 crore and a margin drop to 13.7%.
3 min read25 Oct 2024Multibagger Stock: Hi-Tech Pipes posts 150% gain in 2 years, 1,765% in 4 years. Should you still buy?
Over the past 12 months, the stock has posted gains in 9 months, with January leading the way with a 27 per cent increase, followed closely by August at 26 per cent. Looking back over four years, the stock has soared from ₹11 per share, delivering an astonishing return of 1,765 per cent.
4 min read20 Sep 2024Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared