Mumbai JSW Steel on Wednesday reported a net loss of Rs 107 crore on a consolidated basis for the first quarter ended June 30, 2015 against a net profit of Rs 657 crore in the year-ago period. This was the first consolidated quarterly loss in seven quarters, ... The Financial Chronicle, 2 months ago
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Calcutta, Sept. 27: The Centre is weighing the possibility of extending the safeguard duty on hot-rolled coil to an array of steel products following a representation from domestic manufacturers reeling under a surge in imports from China, Japan and ...Calcutta Telegraph, 6 days ago
MUMBAI: After India implemented a 20% safeguard duty to protect Indian steelmakers from the onslaught of cheap imports from China, Japan and South Korea, Tata Steel's top executive said the decision should help in curbing predatory pricing and surging ...Economic Times, 2 weeks ago Steel import duty may be hiked further The Financial Chronicle, 3 weeks ago
Parth Jindal Taking cue from Azim Premji and NR Narayana Murthy, the business tycoons who floated their own venture investment arms, Sajjan Jindal, chairman of $11 billion JSW Group, is launching a venture fund with an initial corpus of Rs 100 ...Techcircle.in, 4 weeks ago
Calcutta, Aug. 30 : Brazilian steel maker Gerdau is expecting to turn its Indian operation profitable in 2015 after years of struggle with the help of product diversification and backward integration. The company, one of the early bird global ...Calcutta Telegraph, 1 month ago
Mumbai: The recent fall in the Indian currency, which has taken the rupee to near two-year lows against the US dollar, could provide some reprieve to local steel makers, who have been under pressure because of surge in cheap imports from China. ...Livemint.com, 1 month ago
D esperate times call for desperate measures. This adage would be apt for Lakshmi Niwas Mittal, who lords over the biggest steel empire in the world but is currently stuck on a hot tin roof. ArcelorMittal, a company that produced 98 million tonne of ...Outlookbusiness.com, 1 month ago
Chinese steel producers have already cut export prices in response to a lower yuan, industry sources said, providing some of the first evidence of how Beijing's devaluation will help companies in the world's second-biggest economy boost sales. ...Sault Star Online, 1 month ago Exclusive - China steel exporters cut prices in bid to jump on yuan drop Reuters UK, 1 month ago Anger brews as steel exporters cut prices Sydney Morning Herald, 1 month ago Anger brews as China steel exporters cut prices after yuan drop Sydney Morning Herald, 1 month ago
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Only one in three steel companies listed on BSE is generating sufficient cash flow to pay interest on loans on time. According to Capitaline data, just 41 out of these 129 companies, which have collectively borrowed Rs. 2.63 trillion, have an ...Livemint.com, 2 months ago
Falaknaaz Syed Mumbai The Fed rate hike fear and turmoil in China’s market hit Indian companies plans to raise funds through foreign currency loans last month. According to the Reserve Bank of India (RBI) data, companies raised $750 million through external ...The Financial Chronicle, 6 days ago China devalues yuan and rattles India Inc Financial Express, 1 month ago China devalues yuan, rattles global markets Livemint.com, 1 month ago
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