Thursday, January 30, 2025
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    Stainless Steel

    Jindal Stainless posts 5.3 pct YoY drop in Q3FY25 net profit

    Jindal Stainless reported a 5.3pct YoY decline in consolidated net profit for the October-December quarter (Q3FY25), with profit falling to INR 654 crore (USD...

    Iron ore futures surge ahead of Chinese New Year holiday

    Iron ore futures rallied on Monday during pre-holiday trading, supported by firm near-term demand ahead of China's week-long Chinese New Year holiday (January 28-February...

    Iron ore futures see modest gains, but market fundamentals remain weak

    Iron ore futures rose on Thursday as Beijing's latest support measures provided a lift to sentiment. However, weak market fundamentals capped the gains. China's financial...

    Iron ore futures fall on demand uncertainty and weak pre-holiday trading

    Iron ore futures fell on Wednesday as a cautious sentiment gripped the market ahead of the holidays. The decline was fueled by comments from...

    Iron ore futures extend gains amid positive market sentiment

    Dalian iron ore futures continued to rise on Tuesday, driven by improving fundamentals that boosted market sentiment, despite ongoing concerns about demand. The iron ore...

    Marcegaglia UK enhances capabilities with new stainless steel tube lines

    Marcegaglia UK has expanded its manufacturing capabilities at the Oldbury site to include the production of electro-welded stainless steel tubes, complementing its existing carbon...

    Iron ore futures see minor uptick on lower shipments from major miners

    Iron ore futures edged higher on Monday as a drop in weekly shipments from major miners to China supported positive sentiment. However, long-term uncertainties...

    Iron ore futures surge on improved economic data

    Iron ore futures prices rose on Friday, driven by a batch of improved economic indicators that boosted market sentiment. China's December economic data significantly outperformed...

    Iron ore futures surge as steel output recovers

    Iron ore futures surged on Thursday as market fundamentals strengthened, driven by reports of recovering steel production and reduced shipments from a major miner. China's...

    Aperam strengthens U.S. presence with Universal Stainless acquisition

    Aperam S.A., a global leader in stainless and specialty steel solutions and recycling, and Universal Stainless, a leading supplier in the aerospace and industrial...

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