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When the going gets tough, the tough get going, and that’s what Tata Steel Ltd is doing. Last week, Tata Steel Nederland announced a crucial transformation programme aimed mainly at reducing costs in the backdrop of tightening spreads in the European steel market. High energy and carbon costs in recent years have put steel spot…
Q4 Metals Preview: Axis Securities, in its report, indicated that in Q4FY25, the EBITDA for steel firms under its coverage, including Tata Steel and SAIL, is anticipated to show a quarter-on-quarter improvement primarily due to increased sales volumes and reduced coking consumption costs, although this will be slightly countered by a minor decline in steel…
Stock market crash: Indian domestic metal stocks have emerged as the biggest casualties for the second straight session on Monday, April 7, as the intensifying trade war between the United States and China triggered concerns over demand for raw materials. After plunging 6.56% in the previous session, the Nifty Metal index tumbled another 8.60% to…
Shares of penny stock North Eastern Carrying Corporation (NECC) surged over 15 percent in intra-day trade on Friday, March 28, after the company announced a significant logistics contract with Tata Steel Limited (TSL). The deal involves the transportation of steel products such as coils, sheets, and tubes from Tata Steel’s Sahibabad facility to various destinations…
JSW Steel share price gained over a percent on Thursday amid strong buying momentum. JSW Steel shares rose as much as 1.16% to an intraday high of ₹1,068.40 apiece on the BSE. JSW Steel has announced the date on which the company will declare its financial results for the fourth quarter of FY25 and full…
