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Steel - Sponge Iron

Steel - Sponge Iron

India is currently the 5th largest steel producing nation in the world with production of over 53 million tonne (MT). Steel production has grown at a compounded rate of 9% during the period FY03 to FY08.However, there is low per capita consumption of steel of around 46 kgs as against 200 kgs of the world. The Indian steel sector has key advantages of domesti... more »

UPDATES

March 27 2015, 18:20

Cancelling JSPL bid and allotment of mines to CIL wrong: HC

Following the report, the stock surged 6.5 percent intraday. It closed the day at Rs 157.00; up 4.53...

ADVICE

March 27 2015, 10:44

Buy JSPL, says Rajat Bose

Rajat Bose of rajatkbose.com recommends buying Jindal Steel & Power with a target of Rs 160.

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