The third of the five-part series looks at pick-up in metal sector demand & prices
Agency to withdraw UK subsidiary's ratings
June sees improvement in sales, utilisation up to 80 per cent
Tata Steel BSL said its crude steel production fell over 41% to 6,59,000 tonnes during June quarter 2020 as compared with 11,22,000 tonnes in corresponding period a year ago, hit by Covid-19 pandemic
Steel company remains third in capacity pecking order due to Dolvi expansion delay, stalled Bhushan Power acquisition.
There are about 9,000 workers at Ijmuiden. FNV said an agreement has also been reached on the company structure.
Leading business houses report pre-tax loss of Rs 19,342 crore in Q4
There are about 9,000 workers at Ijmuiden. FNV said an agreement has also been reached on the company structure.
In telephonic Q&A, the MD & CEO of India's oldest steel producer, dwells on how his firm kept domestic operations ready for the pandemic, taking cues from Europe much before lockdown got announced
Weak steel demand, high debt are among concerns that weigh on forward outlook
Anti-dumping duty on Galvalume steel is positive but more is required to boost the sector ailing
The company had a profit of Rs 4,252.50 crore in the corresponding period last year
Anti-dumping duty on Galvalume steel is positive but more is required to boost the sector ailing under low demand and realisation
Products sold in rural markets like tractors and motorcycles and roofing sheets were leading the recovery, says T V Narendran
These shares are worth a fourth of the fully-paid up shares of RIL that are traded on the bourses
According to FNV Union, this meant that raw materials were no longer available for the blast furnaces, pellet factory and sinter factory.
Shrinking domestic demand offers the industry the chance to become globally competitive
In others, it's too early to predict; while in some, once pent-up demand has been satisfied, it could fall again
However, the CCI added it had decided not to impose a penalty, saying the "ends of justice would be met if the parties cease such cartel behaviour and desist from indulging in it".
To an extent, leaders do sell dreams to their followers but that should not become a litany of unfulfilled promises