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A 28-30 per cent surge in global freight costs amid geopolitical tensions, including the escalating West Asia situation, is emerging as the biggest challenge for India's steel industry, even as domestic operations and raw material supplies remain largely stable, a senior Tata Steel official said. The sharp rise in shipping rates, triggered by instability in West Asia and the prolonged Russia-Ukraine conflict, is significantly increasing logistics costs for steelmakers dependent on imported coking coal, he said. "For steel, the biggest impact is freight. Freight rates have gone up by almost 28-30 per cent... This is the direct impact. First, the Russia-Ukraine war, and now the West Asia situation... This is definitely having a cascading effect on almost all countries," Tata Steel Vice-President (Corporate Services) D B Sundara Ramam told PTI. Despite global disruptions, the steel industry has so far managed to maintain production levels, though rising freight and logistics costs are
Narendran and Chatterjee discusses a range of issues - from the Q1 outlook, to the cost impact of the West Asia conflict, and the environmental and regulatory challenges facing its Netherlands ops
Tata Steel shares fell 5 per cent on Monday, after Q4FY26 results, but analysts remain bullish on strong margins, India demand, Europe recovery, and FY27 growth outlook
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Tata Steel posted a sharp rise in fourth-quarter profit, supported by stronger India deliveries, improved product mix and cost transformation across regions
The company's revenue from operations increased 13% to ₹63,270 crore in Q4FY26 from ₹56,218 crore in Q4FY25
Q4FY26 company results: Firms including Power Grid Corporation, Alembic Pharmaceuticals, Solar Industries India, Deepak Nitrite, and NHPC are also to release their January-March earnings today
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Analysts said that the metal space is again a renewed strength after a healthy consolidation phase. They said that strong metal prices will help support or boost the company's profits going forward.
Sagar Business Ventures and Tata Steel launched India's first TJK Superflex weldmesh line in Odisha to boost construction efficiency and precision
Goldman Sachs has initiated coverage of Indian metal (steel) stocks as itsees India as the next steel demand driver. It is bullish on Tata Steel, JSW Steel, Shyam Metalics among others
The Nifty Metal index hit a new high of 12,816 in intra-day trade on Thursday and has bounced back 18% from its previous month low of 10,819.85 touched on March 23, 2026.
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India's diversification of energy sources and enhancing access to critical minerals are crucial for the country's economy, but this shift has introduced new challenges, Tata Steel CEO and Managing Director T V Narendran said on Thursday. Addressing the AIMA Leadership Conclave, Narendran termed India's energy and critical minerals diversification move as a "layered vulnerability". "The challenge is obvious while we are diversifying our sources of energy and critical minerals, and we must; this diversification is also a layered vulnerability, not just dependence on imports but also dependence on political goodwill that allows these imports to flow," he said. He further noted that this decade began with the pandemic, an enormous disruption that forced governments to act swiftly, spurred rapid advances in science and pushed businesses and societies to adapt and find ways to cope. Referring to the Covid-19 crisis, he said the pandemic was followed by a succession of shocks -- fractured
Buying in the sector came despite a setback in overall market sentiment, as tensions in West Asia resurfaced just a day after the United States and Iran agreed to a temporary two-week ceasefire
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Output rises 8 per cent year-on-year on Kalinganagar ramp-up, with domestic deliveries crossing 20 mt for the first time and strong growth across segments
Anand Rathi has revised the target price for Tata Steel to ₹240, based on FY28e SoTP valuation
The state has sought approval to divert over 216 ha of forest land in Keonjhar for Tata Steel's Gandhalapada iron ore block to support its expansion and captive mining plans