Change in China's steel policy is a positive news for Indian steel makers

China has announced the removal of rebate on VAT on the export of 146 steel products from May. This discouragement of Chinese steel exports would mean more room for price hikes for Indian steel makers.

JSW Steel to ramp up supply of liquid medical oxygen to 900 tonnes daily

JSW Steel is gearing up to ramp up its liquid medical oxygen (LMO) supply to over 900 tonnes a day by month-end and also working towards increasing it further.