Pricey ore, tepid local demand, Chinese imports weigh on steelmakers' margins indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.
India Business News: India stands out as the only top steel-producing nation with production growth in April, amidst global declines. China, the global leader in steel pro
India is the only top five steel producing nation to see growth in production in April, while China, Japan, and the United States experienced a decline. India s steel production rose by 3.6% in April, with a total of 49.5 million tonnes produced from January-April this year.
Cement sector may register moderate demand in FY25 financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.
Aggressive volume push at the expense of pricing resulted in an about 6% sequential decline in cement prices to Rs 370- Rs 375 on average per 50 kg bag in the fourth quarter.