Gold: No Letting Up
Macroscopic review of bullions market.
steel
November 2024
October 2024
August 2024
May 2024
March 2024
February 2024
December 2023
October 2023
Freight Traffic Growth Hit; Is Slowdown On The Cards?
As railways mirror the pulse of industrial traction, it seems the once-steady drivers of growth are now losing steam.
JSW, Posco to build new steel plant in India
The partnership also aims to drive cooperation in battery materials, and renewable energy sectors in India.
Prices In A Knot
Market macroscope: Steel rebar futures, Lithium prices, and Ethanol prices.
India's steel demand to grow as China's declines: Moody's
China's overcapacity and India’s capacity growth will likely hurt steel prices, says Moody's Ratings
Gold On A High
In the metals market, Gold has surged to a new all-time peak, Copper futures experienced substantial gain, and HRC Steel prices have declined 22.69% since the beginning of 2024.
Steel consumption may slow to 7-8% in FY25 after 3 years of double-digit growth
Domestic steel consumption growth is expected to slow down to 7-8% in FY25 as against 12-13% estimated in FY24, says ICRA.
JSW, Tata, ArcelorMittal Nippon to ramp up scrap-based steel production
Tata Steel is setting up electric arc furnace-based recycling plants.
2024 Ahoy! Bumpy ride awaits Indian steelmakers
The discounted steel from China, weak global macro-outlook and higher domestic manufacturing costs are expected to hamper the dreams of Indian steel producers.
JSW Steel posts ₹2,773 cr profit in Q2, revenue up 7%
Steel production and consumption remain strong, aided by government capex as well as an overall healthy economy
