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European blues may have driven Tata Steel into red in Sept quarter

Consolidated loss for the quarter, as per 5 analysts polled by Moneycontrol, will be at Rs 700 crore compared to a profit of Rs 1533.90 crore a year ago. Net revenue likely to fall 10 each QoQ and YoY to Rs 54138.60 crore. ....

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Steel margins may better in short term; coking coal price hike may hit profit in Q3: Kotak

During the quarter, domestic HRC and rebar prices surged by 4% and 10%, respectively, driven by increased demand in construction and infrastructure ....

Kotak Institutional Equities , Markets News , Equity Markets , Steel News , Metal News ,

SteelGuru Business News

Welcome to SteelGuru Business News. Read Global Business News of 10 Sectors for Free, Automobile, Coal, Infrastructure & Construction, Logistics & Shipping, Metals, Mining, Oil & Gas, Power & Energy and Steel ....

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India's Steel Industry Is Set To Boom This Year

Indian steel production is expected to increase throughout 2023 due to strong demand supported by the Indian Government’s push for infrastructure-led economic growth. ....

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