Building-material
Indian Steel Producers Concerned, Prices Depressed
14 Jun 2024Indian steel producers face challenges due to weak domestic demand and Chinese dumping
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Adani Acquires Penna Cement from Reddys
14 Jun 2024Adani seals Rs 10,000 crore Penna Cement deal.
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Adani Group to invest $3B in cement entities acquisitions
13 Jun 2024The entities include Penna Cement, Saurashtra Cement, Jaiprakash Associates, etc
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Steel demand is set to rise by 9-12% in FY25: Ind-Ra report
12 Jun 2024The demand is led by end-user industries such as the automobile and infrastructure sectors.
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Steel demand growth estimated at 9-12% for FY25
12 Jun 2024Domestic steel players are likely to see stable credit metrics, due to higher profitability.
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Bihar's first cement free geopolymer road by NTPC Kahalgaon.
11 Jun 2024It utilises 2000 MT of fly ash and GGBS from steel plants.
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Despite good demand cement prices to stay down until mid-year
11 Jun 2024UltraTech shares have lost over 2% year-to-date while Ambuja has gained more than 16%.
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Domestic air passenger traffic grows 5.1% in May: ICRA
10 Jun 2024ICRA says the air passenger traffic will be 138.9 million in May.
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Bokaro Steel power project announced RPO-compliant
07 Jun 2024Bokaro Steel Plant has a distribution license from the Commission to supply power.
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India's Steel Ministry Opposes Import Limits on Key Steelmaking Ingredient
06 Jun 2024The ministry rejects calls to cap low ash metallurgical coke imports.
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Asia Cement China owner to take company private in $647 million deal
06 Jun 2024Asia Cement Corp is offering HK$3.22 for each Asia Cement China share it does not own.
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JTL finishes Phase-I expansion, begins Phase-II for Nabha Steels
05 Jun 2024This diversification would better position of the company.
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