Rathi Steel & Power surges 5% after board approves Rs 50cr stainless steel project
Rathi Steel & Power announces a forward integration project to produce stainless steel wires and bright bars, driving stock gains. Rathi Steel & Power shares surged by 5 per cent after the company revealed plans for a forward integration project....
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Jindal Stainless celebrates World Mental Health Day
Jindal Stainless celebrates World Mental Health Day with wellness activities, promoting mental well-being across its corporate and plant locations. Jindal Stainless marked World Mental Health Day with a series of engaging activities at its corporate office and plant locations, aiming...
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Shyam Metalics sees 90% surge in SS production
Shyam Metalics and Energy reported a significant 90 per cent y-o-y growth in stainless steel production, reaching 8,175 MT in September 2024, along with strong gains in aluminium foil and speciality alloys output. Shyam Metalics and Energy announced a remarkable...
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Antam acquires 30% stake in Tsingshan’s Smelter for $102mn
Indonesian state-owned miner PT Aneka Tambang (Antam) ANTM.JK has secured a 30 per cent stake valued at $102 million in a smelter operated by a subsidiary of Chinese stainless steel leader Tsingshan Holding Group. Indonesian state-owned miner PT Aneka Tambang...
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Jindal Stainless, CJ Darcl join forces for sustainable logistics solutions
Innovative stainless steel containers set to revolutionise green logistics, thanks to a new collaboration between Jindal Stainless and CJ Darcl. In a pioneering move towards sustainable transportation, Jindal Stainless, India’s largest stainless steel manufacturer, has partnered with CJ Darcl Logistics...
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Global stainless steel market expected to reach $179.5bn by 2031
Poised for significant growth, the global stainless steel market is projected to grow at a CAGR of 6.2 per cent during the 2024-2031 forecast period, as per a report by DataM Intelligence 4 Market Research LLP. The global stainless steel...
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