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India initiates anti-dumping investigation into steel imports from China, Japan, Russia
India has launched an anti-dumping investigation into hot rolled steel imports from China, Japan, and Russia. JSW Steel and Jindal Steel allege these products are being sold at unfairly low prices, harming domestic manufacturers. The Directorate General of Trade Remedies found initial evidence of dumping, with significant price differences. This probe, covering imports from 2022-2025, aims to assess the impact on India's steel industry.
Hindalco Over Tata Steel, NMDC: UBS Chooses Its Metal Of The Moment; Check Top Picks
The brokerage launched coverage on eight companies with Buy ratings on Hindalco, NALCO and Coal India, Neutral ratings on Tata Steel, JSW Steel and Jindal Steel, and Sell ratings on SAIL and NMDC.
Jindal Stainless guides 7-9% volume growth
Jindal Stainless anticipates a 7-9% volume growth this fiscal, despite bracing for the West Asia crisis's impact on demand. The company plans to revise this target mid-year and expects to produce 2.75-2.80 million tonnes of stainless steel. Exports are projected to contribute about 10% of sales, with significant traction from Brazil, South Korea, Japan, and the Middle East.
Jindal Stainless Q4 Results: Co posts quarterly profit jump on strong domestic demand
Jindal Stainless has seen a significant profit increase of 42.7 percent in its fourth quarter. This growth is attributed to robust domestic demand for its stainless steel products. The company's net revenue also saw a healthy rise. Despite challenges like fuel shortages and shipping delays, Jindal Stainless is expanding its production capacity.
JSW Steel Q4 Business Update: Crude steel output falls 1% QoQ and 3% YoY
Sajjan Jindal-led JSW Steel Ltd reported combined crude steel production of 30.14 million tonnes (MT) for FY26, marking an 8% increase from 27.79 MT in FY25. Shares of JSW Steel Ltd ended at ₹1,209, up by ₹14.95, or 1.25%, on the BSE today, April 9.
Nifty Metal gains 3%; Tata Steel, JSW, LloydsME jump up to 7%: Here's why
Excluding National Aluminium, 14 of 15 index constituents rose on Friday, with Lloyds Metals & Energy, Tata Steel, JSW Steel, Jindal Steel, and APL Apollo Tubes gaining over 3 per cent each
Metal stocks in focus: JSW Steel, Jindal Stainless, Hindalco on investors' radar today
While JSW Steel has announced plans to develop a coking coal mine in Mozambique, Jindal Stainless has flagged fuel availability constraints impacting plant operations. Meanwhile, Hindalco has clarified that its aluminium extrusions operations have not been halted following a recent news report.
Jindal Steel wins Thakurani A1 iron ore block in Odisha
Jindal Steel has emerged as the preferred bidder for the Thakurani A1 iron ore block in Odisha. This acquisition will bolster the company's iron ore supply as it expands its Angul plant capacity. The mine holds over 50 million tonnes of iron ore. Jindal Steel committed a premium of 101.20% to secure the block.
Nomura retains confidence in Indian steel cos; Tata, JSW among top picks
Among sector players, Nomura has maintained Buy recommendations on Tata Steel with a target price of ₹220 per share, JSW Steel at ₹1,340, Jindal Steel at ₹1,280, and Lloyds Metals & Energy at ₹1,600
Steel, paint, power and cars: Inside JSW’s ‘Chaebol-style’ strategy to disrupt the auto market
JSW Group is planning to drive into a market dominated by Maruti Suzuki, one in which Hyundai is a distant second, and one in which the top four companies make four out of five vehicles. But founder Sajjan Jindal has his eyes set on a different lane.
Tata Steel, JSW Steel, Jindal Steel, Lloyds Metals remain Nomura's top picks despite rebar price slump
Despite the correction, India's HRC spot margin stood at around Rs 34,285 per tonne in June, remaining "well above the median margin level observed over the past two years."
Stocks to Watch Today: Info Edge, KEC International, RITES, NHPC, NTPC, NPST, Poonawalla Fincorp, Uflex, Delhivery, Redtape in focus on 09 April
Stocks to Watch, 09 Apr: Stocks like Info Edge India, KEC International, Lupin, RITES, NHPC, NTPC, Redtape, Bosch, Poonawalla Fincorp, Delhivery, Jindal Poly Films, Uflex, ITC Hotels, and Steel Authority of India will be in focus on April 9.