Metal Sector

Building a new electric arc furnace while maintaining the existing steel melting shop would be risky and complex.

JSW raised $500 million in April 2019 with a five-year bond at 5.95%, which is due for repayment this month.

The business has designated today as the record date for determining which stockholders are qualified to receive the bonus shares.

"Tata Steel UK announced it will ramp up coke imports to counterbalance the effects of shutting down its coke ovens," the steelmaker stated.

Jindal Stainless said in a statement that it supplied premium 'SS 301LN' grade stainless steel for the project.

Vedanta Ltd stated in a release that it intends to challenge the Sebi order through the suitable channels.

After hearing the case for five days, the court issued its decision, citing Vedanta's failure to comply with legal obligations.

Kutch Copper Ltd (KCL), a subsidiary of Adani Enterprises Ltd, intends to begin operations in the coming weeks.

Spot gold was unchanged at $2,043.98 an ounce, having reached a record-breaking $2050.59 on Thursday

The firm initiates a ₹175-Crore capex plan, with the first phase requiring an investment of ₹115 Crore.