Steel Sector

Jindal Steel & Power Share Price in Focus as Hem Securities Issues BUY Call

Jindal Steel & Power Share Price in Focus as Hem Securities Issues BUY Call

Hem Securities has issued a BUY recommendation for Jindal Steel & Power Limited (JINDALSTEL) with a target price of ₹1,182, implying a potential upside of 16% from the current market price of ₹

JSW Steel Stock Price Jumps 3.3% as Macquarie upgrades stock to OUTPERFORM

JSW Steel Stock Price Jumps 3.3% as Macquarie upgrades stock to OUTPERFORM

JSW Steel Stock Price was trading firm on Friday as the markets were showcasing bullish trends.

Tata Steel announces 16,000 crore Capex Plans for FY24

Tata Steel announces 16,000 crore Capex Plans for FY24

Tata Steel has announced elaborate capital expenditure plans to the tune of Rs 16,000 crore for its local and global operations.

BUY Jindal Steel with target price of Rs 225: Shrikant Chouhan, Kotak Securities

BUY Jindal Steel with target price of Rs 225: Shrikant Chouhan, Kotak Securities

Jindal Steel has been suggested as a BUY with target price of Rs 225 by Shrikant Chouhan, Executive Vice President - Equity Technical Research, Kotak Securities.

Jindal Steel & Power to start gas production in Bolivia by June this year

Jindal Steel & Power LtdIndia's Jindal Steel and Power, the third largest steel manufacturing company in India, expects to start producing gas in Bolivia in June this year, for export to Argentina.

A company official, who did not want to be recognized, informed that the gas supplies would come from a processing plant in the eastern province of Santa Cruz.

It should be noted that the company and its Bolivian partners began drilling at the El Palmar gas field at the end of March and have already invested around $7 million in the project.

Indian government imposes ‘anti-dumping’ duties on high-end stainless steel

Indian government imposes ‘anti-dumping’ duties on high-end stainless steel In its endeavor to protect domestic industry from a gush of cheap imports from China, Thailand, Japan, and the US, the Indian government has provisionally imposed 'anti-dumping' duty on some of the high-end stainless steel products. To be effective for a six-month period, up to October 21, 2009, the anti-dumping duty would be payable in Indian rupees.

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