Monday saw iron ore futures inch upward, buoyed by robust Chinese factory data. The January contract on the Dalian Commodity Exchange nudged up by 0.94% to 803.5 yuan per ton, while Singapore's benchmark moved 0.41% higher to $104.45 a ton.
State-owned CIL's coal production rose by 2.4 per cent to 471 million tonnes (MT) in the April-November period of the current financial year. Coal India Ltd (CIL) produced 460 MT of coal in the year-ago period.
Jindal Steel & Power Ltd is quoting at Rs 917.25, up 1.19% on the day as at 12:49 IST on the NSE. The stock is up 34.59% in the last one year as compared to a 16.91% gain in NIFTY and a 26.17% gain in the Nifty Metal index.
02 Dec, 2024 - Special Correspondent
Sajjan Jindal, chairman and managing director of JSW Group, has voiced serious concerns about the growing influx of Chinese steel into India, primarily through Free Trade Agreement (FTA) routes involving Association of Southeast Asian Nations or ASEAN countries.
02 Dec, 2024 - Special Correspondent
The company produced 4.51 million tonne (MT) iron ore last month that is 17.75 per cent higher than 3.83 MT produced in the month of November last year. Similarly, NMDC’s sales also surged in November, NMDC Limited said in a regulatory filing today.
02 Dec, 2024 - Special Correspondent
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