Building-material

Jindal to boost cement capacity to 7 MnTPA

The facility will utilise approximately 1 MnTPA of blast furnace slag

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Ambuja Cements acquires 47% stake in Orient Cement for Rs 81 Bn

The acquisition of OCL complements Ambuja's existing cement footprint.

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Tata Steel UK signs pact for electric furnace in green steel push

The project follows a £1.25 billion joint investment from Tata Steel and UK government.

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UltraTech Cement's net profit dips 35.55% in Q2 FY25

The company's net consolidated total income stood at Rs 158.55 billion in Q2 FY25.

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JSW Steel-JFE JV acquires Thyssenkrupp India for Rs 40.51 billion

The joint venture aims to leverage this acquisition to gain immediate market access.

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India's Steel Ministry Backs Import Tax

Ministry supports temporary steel import tax.

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UltraTech Cement expands grinding capacity by 1.2 mtpa

This expansion is part of the larger 22.6 mtpa capacity increase

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Steel Sector Profits to Dip

Q2 profits affected by low prices.

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India’s Steel Sector Faces Uphill Decarbonization Battle

Ministry of Steel outlines roadmap to cut emissions

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Inertia Steel CFO Jatin Ravindra Gaikar resigns

The company has not yet disclosed its plans for appointing a new CFO.

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India considers tighter steel import norms to curb dumping

India imports approximately 400,000 tonnes of non- BIS compliant steel annually.

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Cement demand to grow 7-8% this fiscal, profitability strong: CRISIL

Government spending, which constitutes around 30% of cement demand, will play a role.

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