Vietnam’s steel industry is projected to see a surge in Q3 profits on the back of a rebound in steel prices and higher production output. After months of weak demand and squeezed margins, steelmakers such as Hoa Phat Group and Hoa Sen Group are reporting improved realizations and stronger sales. Domestic construction recovery, higher exports … Read more
Mahamaya Steel Industries Ltd (BSE: 513554) has hit a new 52-week high of Rs. 411 on September 25, 2025. The surge comes amid rising steel demand in India, government-led infrastructure push, and strong quarterly performance. The company, which manufactures structural steel products like angles, beams, and channels, has seen its market capitalization rise significantly. Analysts … Read more
The steel rolling products cost model provides insights into how raw materials, especially scrap metal, are converted into sustainable value-added steel products. Rolling is one of the most cost-intensive yet value-creating processes in the steel industry. By analyzing input costs, energy consumption, labor, technology, and sustainability factors, businesses can optimize margins and comply with global … Read more
Jindal Steel & Power (JSPL) is exploring the acquisition of a Thyssenkrupp steel division in Europe, a move that could help the company navigate the EU’s Carbon Border Adjustment Mechanism (CBAM). With CBAM fully phasing in by 2026, Indian steelmakers exporting to Europe will face new carbon-related levies. By acquiring local assets, Jindal Steel can … Read more
India’s steel consumption in FY26 is projected to grow by 9–10%, according to the Union Steel Secretary. This growth outlook comes at a time when global steel demand is slowing, highlighting India’s role as a major driver of the global steel industry. The expected rise is linked to strong government infrastructure spending, private investments in … Read more
Steel prices in the European Union (EU) are witnessing a sharp surge in Q3 2025. The combination of low inventories and rising input costs has created a supply-demand imbalance that is pushing prices to multi-year highs. Prices for hot-rolled coil (HRC) reached €780 per tonne, up nearly 18% from Q2 2025. Analysts warn that unless … Read more
Indian steel majors, including Tata Steel, JSW Steel, Jindal Steel & Power (JSPL), and Steel Authority of India Limited (SAIL), reported weaker-than-expected performance in Q2 FY26. Softer global steel prices, rising coking coal costs, and muted demand in export markets weighed heavily on margins. Yet, despite earnings pressure, analysts remain positive on valuations. Domestic infrastructure … Read more
Overview The Bhilwara Tax Bar Association has filed a petition before the Rajasthan High Court seeking an extension of the income tax audit deadline for Assessment Year 2025–26. At the same time, the Nagpur Chamber of Commerce has written to the Finance Ministry requesting similar relief. Their arguments highlight recurring ITR portal glitches, inaccuracies in … Read more
The Jindal Steel Pipe Price List is one of the most searched terms in the steel industry as Jindal is among the largest manufacturers of steel pipes in India. Known for durability, precision and strength, Jindal pipes are used across water supply, oil and gas, construction and industrial projects. At Udhhyog, we provide updated Jindal … Read more
The SS ERW Pipe or Stainless Steel Electric Resistance Welded Pipe is one of the most widely used stainless steel piping solutions in India. Known for its durability, smooth finish and cost efficiency, the SS ERW Pipe is manufactured by welding stainless steel strips using high frequency resistance welding technology. This process results in a … Read more