Zimbabwe steel industry dealt a serious blow after 17 companie...

Tata Steel shares pared early gains, but were still up 3 percent after the company's fourth quarter operational performance was way ahead of analyst estimates. Analysts however are divided on whether the stock will be re-rated near term. Brokerage ...

The company has invested £1 billion in its European operations in the past three years and has also mothballed and sold parts of the business. The steelmaker said there were no assets on the block currently, but added it might consider a sale if ...

Below are the three companies in the Steel industry with the s. Earnings yield is useful to compare the relative benefit of owning a stock vs. owning other yield assets such as bonds. If the earnings yield is higher, stocks may be considered ...

The company's fourth quarter net profit shrunk 24 percent year-on-year on higher interest costs and depreciation. Its sales declined around 3 percent YoY to Rs 9,249 crore due to abysmal capacity utilisation at its plants in Karnataka. Also Read: ...

Japan's Tokyo Steel announced to remain its domestic prices unchanged for June. Also, the company has kept its domestic steel prices flat for consecutive three months. After announcement, its list prices for H beams are at JPU 74,000 per tonne; ...

Tata Steel Ltd posted a healthy increase in profitability during the March quarter, which should please investors. The company's consolidated Ebitda (earnings before interest, tax, depreciation and amortization) per tonne jumped from Rs.3,865 a ...

Brokerage IIFL has maintained its buy on Tata Steel after the company declared its Q4 FY13 results. It has also revised its nine-month price target to Rs. 380, which is a 25.8% upside from its current market price of Rs. 302 per share. Brokerage ...

Ushdev International Limited (UIL) is an Indian-based metals trading and power generation company. UIL trades pig iron, steel scrap and non-ferrous metals. The company also focuses on trading of steel products, such as raw materials, flat products, ...

Uttam Galva Steels has announced the resignation of Mr. A. K. Mahendru as a Whole Time Director of the Company w.e.f. May 24, 2013; and Appointment of Mr. D. L. Rawal, Former CMD, Dana Bank as an Additional Director of the Company w.e.f May 24, 2013.