News & Trends

Steel Rolling Products Cost Model: From Scrap Metal to Sustainable Value

by
Steel rolling products cost model showing glowing hot steel slab being processed in a rolling mill, transforming scrap metal into sustainable value

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

Acquisition of Thyssenkrupp Division Could Help Jindal Steel with European CBAM

by
Jindal Steel Thyssenkrupp acquisition could help with EU CBAM compliance by strengthening European market presence and green steel strategy

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 Steel Consumption FY26: Growth to Reach 9-10% Says Steel Secretary

by
India steel consumption FY26 expected to grow 9-10 percent according to Steel Secretary, showing molten steel pouring in a plant

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

EU Steel Prices 2025: Low Inventories and Rising Costs Fuel Price

by
EU steel prices 2025 surge due to low inventories and rising costs in European markets

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

Valuations Reflect Upside for Listed Steel Majors Despite Weak Q2

by
Stock ticker showing steel company valuations rising

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

Income Tax Audit Deadline Extension 2025: Who Really Needs a Tax Audit?

by
Income Tax Audit Deadline Extension 2025 – Chartered Accountant reviewing tax audit documents with calculator and reports

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