Kartik Kumar 
Iron ore dips on weak steel demand and rising China port inventories, putting additional pressure on the global steel industry. This trend has raised concerns among steel producers, especially as China—the world’s largest consumer of iron ore—struggles with sluggish construction demand and oversupply. The Chart of the Day underscores how the steel sector is at … Read more
Visa Steel Ltd faces significant selling pressure with a 3.65% decline amid ongoing losses, reflecting weak investor sentiment and continued financial struggles. The steelmaker has been reporting consecutive quarterly losses due to high debt, weak demand, and volatile raw material prices. The fall underscores broader challenges in India’s secondary steel sector, where smaller players face … Read more
Interarch Building Solutions has commenced construction of a ₹100-crore steel plant in Andhra Pradesh, reinforcing its commitment to India’s growing demand for pre-engineered steel buildings (PEBs). The project will expand the company’s manufacturing capacity, create new jobs, and contribute to regional economic development. The move comes amid India’s surge in infrastructure investments, urban development, and … Read more
Tata Steel, JSW Steel, and SAIL are in focus as Indian steel manufacturers raise prices for August 2025, citing higher input costs, demand recovery, and global market dynamics. The move comes at a time when the construction and automotive sectors are showing signs of renewed growth, while raw material prices like coking coal and iron … Read more
The global stainless steel pipes and tubes market is projected to surpass USD 48.81 billion by 2030, growing at a CAGR of 4.53% between 2025 and 2030. The growth is fueled by rising demand in the oil & gas, chemical, construction, and power generation sectors, along with increasing investments in infrastructure and renewable energy. Despite … Read more
A leading Indian steel manufacturer has secured a ₹18,000 crore orderbook to supply pipes for the oil and gas sector. This major win puts the steel stock in focus as investors anticipate strong revenue visibility, improved margins, and expansion into global markets. The order, spread across domestic and international markets, underscores the growing demand for … Read more
The Indian government has announced plans to impose a five-year anti-dumping duty on Chinese electrical steel to curb unfair pricing and protect domestic producers. The move comes after investigations revealed that Chinese manufacturers were selling at below-market rates, hurting India’s steel sector. While the measure is expected to strengthen Indian steelmakers like JSW Steel and … Read more
The US steel crunch puts solar deployment plans at risk, creating delays, raising costs, and threatening America’s renewable energy transition. Steel, the backbone of solar projects, is in short supply due to global supply chain disruptions, rising domestic demand, and restrictive trade policies. Without urgent solutions—such as expanding domestic green steel production, recycling, and better … Read more
The high-speed steel (HSS) industry sector report outlook reveals that the market is poised for steady growth, fueled by rising demand in automotive, aerospace, industrial machinery, and energy applications. Despite challenges from substitutes like carbide tools, HSS remains an indispensable material due to its toughness, wear resistance, and cost-effectiveness. This report explores forecasts, key players, … Read more
Outokumpu, Europe’s leading stainless steel producer, has outlined its concerns about the stainless steel market amid weakening demand, rising costs, and global trade policy changes. The company has warned that oversupply, slowing construction activity, and stricter climate regulations could weigh on the industry’s profitability in the short term. Despite these concerns, Outokumpu believes stainless steel … Read more