Prøve GULL - Gratis
Global steel demand needs revival for domestic prices to rise
Mint Mumbai
|September 06, 2023
Shares of key Indian steel companies such as Tata Steel Ltd, Jindal Steel & Power Ltd, and Steel Authority of India Ltd have scaled new 52-week highs in September, rising by 5-15% in the past one week.
-
The optimism seems to be stemming from the recent policy measures by China, a key market for metals. The new stimulus measures include a cut in interest rates on existing mortgages and reduction in down payment requirement for first- and second-time home buyers. But this may not move the needle significantly for near-term global steel demand as it may take a while for the Chinese policy measures to show results.
Denne historien er fra September 06, 2023-utgaven av Mint Mumbai.
Abonner på Magzter GOLD for å få tilgang til tusenvis av kuraterte premiumhistorier og over 9000 magasiner og aviser.
Allerede abonnent? Logg på
FLERE HISTORIER FRA Mint Mumbai
Mint Mumbai
THE 3-SPEED AGEING FACING INDIAN STATES
India is a young demographic. Still, by 2036, more than half the states will be ‘ageing’
7 mins
March 10, 2026
Mint Mumbai
Law firms field force majeure queries
As the conflict in West Asia has nearly frozen all trade movement through the Strait of Hormuz, Indian law firms have seen a surge in queries from companies seeking clarity on whether they can invoke a rare clause to mitigate risk—force majeure.
3 mins
March 10, 2026
Mint Mumbai
Is it time for India to allow event prediction markets?
A study reveals step-ladder jumps and shifts in the durables that households in India purchase as they ascend income slabs
3 mins
March 10, 2026
Mint Mumbai
Cult.fit looks beyond regular gyms to drive wider growth
Cult.fit’s consumer products business could eventually rival its services segment in scale
2 mins
March 10, 2026
Mint Mumbai
War raises alarm for India Inc
The conflict presents a trifecta of risks for Indian companies—soaring crude prices, supply-chain disruptions and a depreciating rupee, experts say
1 min
March 10, 2026
Mint Mumbai
Will Bharat Forge rally sustain?
Bharat Forge Ltd stock hit an all-time high of ₹1,935.50 on Friday. It’s up almost 27% so far in 2026, making it the best performer in the Nifty Auto index. Ashok Leyland Ltd is a distant second, up 4%. The auto index itself is down 8% over this period.
2 mins
March 10, 2026
Mint Mumbai
UPS PENSIONS ARE HARD TO REPLICATE USING NPS CORPUS
Our detailed study offers a clear answer.
2 mins
March 10, 2026
Mint Mumbai
LPG curbs tightened as oil roars past $100
Supply constraints likely; G-7 may open strategic crude reserves
3 mins
March 10, 2026
Mint Mumbai
Capital gains exemption on shares: what NRIs should know
I am an NRI living in Australia. I filed my FY25 tax return to claim TDS refund and gave my NRE account details, but the refund has failed. Now, can I change the refund account to my NRO account, and request the refund again?
1 min
March 10, 2026
Mint Mumbai
Market gets a bloody nose
The measures come amid a sharp surge in global oil prices that is raising concerns of wider disruption across the energy supply chain.
2 mins
March 10, 2026
Translate
Change font size