يحاول ذهب - حر
How Dutch Rejig Helps Tata Steel
April 15, 2025
|Mint Chennai
A meltdown Tata Steel Nederland has faced profitability stress in the recent past amid lower realization and high energy costs.
Last week, Tata Steel Nederland announced a crucial transformation programme aimed mainly at reducing costs amid tightening spreads in the European market. High energy and carbon costs in recent years have put steel spot spreads under pressure in Europe. As a report by Axis Securities points out, the spreads were at a multi-year low in Q3FY25 at €170 a tonne versus a historical average of €240 a tonne.
Tata Steel's decision may also have been necessitated by the US's 25% tariff on steel imports. Its Netherlands plant exports about 670,000 tonnes annually out of a total production of 6.8 million tonnes to its downstream subsidiaries in the US. The Indian and UK operations have minuscule exposure to the US.
هذه القصة من طبعة April 15, 2025 من Mint Chennai.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
هل أنت مشترك بالفعل؟ تسجيل الدخول
المزيد من القصص من Mint Chennai
Mint Chennai
ED raids WinZO, Gamezkraft offices
The Enforcement Directorate on Tuesday raided premises linked to online gaming platforms WinZO and Gamezkraft as part of a money laundering investigation, officials familiar with the matter said.
1 min
November 19, 2025
Mint Chennai
'India beat climate milestones, will submit update'
India will submit an expanded set of climate commitments, its revised Nationally Determined Contributions (NDCs) through 2035, along with its first Biennial Transparency Report on schedule next month, environment minister Bhupender Yadav said in Belém, Brazil, on Monday.
1 mins
November 19, 2025
Mint Chennai
Cash transfers: Inflationary, welfarist or a fiscal blow?
What happens when a helicopter drops a large amount of cash on a local economy? Does the local GDP go up instantly? Of course not. Even a schoolkid's intuition tells you that the immediate result would be inflation. It is more money chasing the same amount of goods and services.
3 mins
November 19, 2025
Mint Chennai
Qure.ai eyes govt healthcare tie-ups to scale up in India
Health startup Qure.ai is betting on partnerships with central and state governments as it seeks to scale its artificial intelligence-led diagnostic tools, particularly for diseases like tuberculosis (TB).
1 mins
November 19, 2025
Mint Chennai
India's new data protection law: A compliance guide
Although we have known since 2023 that India's Digital Personal Data Protection Act of 2023 (DPDP Act) would come into effect sooner or later, most businesses put off taking action until the rules were notified. Last week, the ministry of electronics and information technology brought the DPDP Act into force, marking the beginning of a new chapter in India's digital governance history.
4 mins
November 19, 2025
Mint Chennai
'India-US economic partnership strong'
Union commerce minister Piyush Goyal stated that the India-US partnership remains strong and is expanding across sectors, with no cause for concern about the trajectory of the bilateral relationship, according to a commerce ministry statement.
2 mins
November 19, 2025
Mint Chennai
Sensex rally stands on shaky ground
When the Sensex closed at a new 52-week high on 29 October, it painted a picture of a market in full bloom. But beneath the surface of this headline-grabbing milestone lies a fractured and sobering reality, a Mint analysis reveals.
3 mins
November 19, 2025
Mint Chennai
AI content floods streamers, but monetization still a puzzle
AI-generated content is increasingly popping up on YouTube and OTT platforms—from short films and microdramas to explainers and reimagined epics—but a clear pathway to making money from it has still to emerge.
2 mins
November 19, 2025
Mint Chennai
India needs a calibrated approach to Bangladesh
While refuge for Sheikh Hasina is clearly a must, New Delhi's challenge is to secure India's logistical and strategic interests in a country with good reason to stay cooperative with us
2 mins
November 19, 2025
Mint Chennai
Amazon, Microsoft clouds to face tougher EU rules
Amazon and Microsoft's cloud services may face stricter European Union (EU) competition rules as Brussels probes their market power, the bloc's tech chief said on Tuesday.
1 mins
November 19, 2025
Listen
Translate
Change font size