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CNBC TV 18 reported that in a retaliatory action, India will raise duties by up to 100% on 20 US goods after Washington imposed additional duties on steel and aluminium. Sources privy to the developments told CNBC-TV18...

Posted By : Sanju Moirangthem 1 hour 45 minutes ago
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Financial Express reported that the Calcutta High Court’s winding-up order against the defaulting Jai Balaji Industries (JBIL) has put State Bank of India (SBI) in a fix as its insolvency petition against the...

Posted By : Sanju Moirangthem 1 hour 41 minutes ago
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PTI reported that Indian government is planning to come out with an alloy policy in a bid to augment the output of special steel in the country. Steel Secretary Dr Aruna Sharma told PTI “We are coming up with an alloy...

Posted By : Sanju Moirangthem 1 hour 38 minutes ago
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Sputnik reported that EU countries on June 14 approved a raft of retaliatory tariffs, including on whiskey and motorcycles, against painful duties imposed by US President Donald Trump on European metals. The 28-member...

Posted By : Sanju Moirangthem 1 hour 35 minutes ago
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Sputnik reported that China has imposed an import duty on 659 types of goods imported from the United States worth about USD 50 billion in retaliatory measures after Donald Trump's similar move. The customs duty on 545...

Posted By : Sanju Moirangthem 1 hour 32 minutes ago
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JSPL said that Union Ministers Chaudhary Birender Singh and Dharmendra Pradhan on June 15 dedicated to the nation its 3 million tonne per annum basic oxygen furnace at Angul steel plant in Odisha. The ministers...

Posted By : Sanju Moirangthem 1 hour 28 minutes ago
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Business Standard reported that lenders to Essar Steel may not allow Numetal to change its corporate structure stated in the second round of bidding if it comes up for consideration. BS report quoted a major lender as...

Posted By : Sanju Moirangthem 1 hour 25 minutes ago
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Money Control, citing sources aware of the development, reported that Liberty House has firmed up commitment and backing from banks for its bid for Bhushan Power and Steel. The report quoted an executive as saying that...

Posted By : Sanju Moirangthem 1 hour 22 minutes ago
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Financial Express reported that Chinese spreads have stayed high despite rising Chinese output, due to strong demand. Inventories appear to be bottoming out.

Posted By : Rabi Wangkhem 47 minutes ago
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PAO Severstal, one of the largest vertically integrated steel and mining companies in the world, supplied approximately 40 thousand tons of rolled steel for the construction of the 12 stadiums that will host World Cup...

Posted By : Rabi Wangkhem 52 minutes ago
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