Building-material

Sumnesh Khandelwal Deputy CFO of JK Cement quits

He served JK Cement for 2.5 years when he joined the company in December 2021.

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ArcelorMittal calls off a plan to close South African steel plant

The steelmaker blamed weak demand and infrastructure problems for earlier shutdown plans.

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Union Suspends Strike at Tata's UK Steelworks

They cited a decision to resume discussions with management as the reason.

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Consolidation Wave Sweeps Indian Cement Industry

UltraTech Cement acquires 23% stake in India Cements, following Ambuja Cements

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Strict quality norms for asbestos cement products to boost domestic manufacturing

Strict quality norms for asbestos cement products to boost domestic manufacturing

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India Discusses Rising Chinese Steel Imports

India's ministries deliberate Chinese steel imports.

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UltraTech Cement Revises Bid to Acquire 25% Stake in UAE-Based RAKWCT

UltraTech Cement updates its offer to acquire a 25% stake in UAE's RAKWCT, aiming to strengthen its international market presence.

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JSW Steel USA to Invest $110 Million in Modernizing Plate Mill in Texas

JSW Steel USA announces $110 million investment to upgrade plate mill in Baytown, Texas, enhancing production capabilities and operational efficiency.

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23% stake in India Cements acquired by UltraTech

The race for expansion continues as UltraTech buys stakes worth Rs 19 billion.

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UltraTech acquires 23% stake in India Cements to compete with Adani

UltraTech will pay Rs 18.85 billion to purchase 70.6 million shares of India Cements.

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Essar Nears Final Approval for $4.5 Billion Saudi Steel Plant

Essar Group is set to launch a $4.5 billion low-carbon steel plant in Saudi Arabia upon final approvals.

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Shree Cement's Renewable Power Capacity Reaches 1 GW Across India

Shree Cement has achieved a milestone with its installed renewable power capacity hitting 1 GW across various locations in India.

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