During the survey period (January 6–January 12), the operating rate of rebar and wire rod rolling lines at steel mills in the Central China region remained stable, while the capacity utilization rate ...
According to the latest SMM tracking, the planned production volume of cold-rolled sheet and strip commercial materials from 31 mainstream steel mills this month totaled 4.1048 million mt, an increase ...
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Who was Mohan Lal Mittal? Lakshmi Mittal’s father passes away; PM Modi, Piyush Goyal pay tribute
Mohan Lal Mittal, the father of Lakshmi Mittal, passed away on Friday. His journey began in the 1950s after relocating Kanpur ...
The Punch on MSN
FG budgets N6.04bn payroll for idle Ajaokuta steel
The Nigerian government has budgeted N6.04bn for the Ajaokuta Steel Company in 2026, with most funds for salaries despite the ...
The national steel industry had been operating at only around 50 percent of its capacity amid a sharp global decline in ...
Yet, even in this prolonged downturn, a group of large millers have managed to hold its ground, not because of any market recovery, but due to structural advantages built over time ...
Industry insiders said imported scrap prices have increased by around $25-30 per tonne over the past week, reversing a prolonged downward trend seen over the last year ...
The Price to Earnings (P/E) ratio, a key valuation measure, is calculated by dividing the stock's most recent closing price by the sum of the diluted earnings per share from continuing operations for ...
India is tightening the screws on cheap steel imports, rolling out a three-year safeguard duty to protect local mills from a flood of low-priced shipments, mainly from China ...
Antique said it prefers steel companies with strong market presence, higher raw material integration, low leverage and ...
The Punch on MSN
2026 budget: Ajaokuta workers to get N6.4bn despite zero output
The Federal Government has proposed to spend N6.04bn on personnel costs for workers of the Ajaokuta Steel Company Limited in ...
Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their ...
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