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The bank lowered its Q4 U.S. hot rolled coil benchmark forecast to $850/st from $880/st, but raised its estimate for 2026 to ...

Jindal Steel Ltd is expected to post weaker earnings for the September quarter, in line with its domestic peers, as lower sales due to an extended monsoon and weaker prices are likely to have eaten ...

Domestic steel prices have slumped to a five-year low, trading in the range of Rs 47,000-?48,000 per tonne impacted by multiple factors, including surging imports, as per market data from BigMint. Hot ...

India’s steel market is battling stubbornly weak prices despite safeguard duties, with abundant domestic supply ensuring rates remain capped. According to TV Narendran, MD and CEO, Tata Steel, while ...

Steel producers like Cleveland Cliffs and Steel Dynamics both said this week that they raised prices after President Trump imposed a 50 percent tariff on imports. By Peter Eavis American steel makers ...

Declining nickel prices saw the Stainless Monthly Metals Index (MMI) drop from April to May. Overall, the index fell 3.34%. Domestic stainless suppliers reported improved market conditions in the ...

In Q1 2025, domestic crude stainless steel production decreased by 2.8% compared to Q4 2024, but increased by 10.6% compared to Q1 2024, with ample supply. Due to cost support, stainless steel prices ...

Jindal Stainless Ltd shares fell over 5% following brokerage Nuvama's reduction of the target price to Rs 723 from the earlier Rs 836, maintaining a 'buy' rating. Current challenges include subdued ...

“I’m not fighting steel,” insisted President Johnson. “I’m fighting inflation!” That was undoubtedly true—though the fact was of small solace to the steel industry, which once again found itself ...