Public sector energy firm NTPC and steelmaker Tata Steel underperformed during the broader market recovery as sector-specific concerns weighed on both stocks.
Tag: Steel
India Steel Industry Faces Import Surge as Government Weighs Protective Tariff Measures
India’s domestic steel producers called for government intervention to protect the market from a surge in cheaper steel imports primarily from China and South Korea.
Indian Steel Imports Overtake Exports in April as Global Surplus Hits Domestic Market
Cheaper imported steel from China and other producers flooded the Indian market as domestic producers faced a competitive squeeze.
India’s Eight Core Sector Industries Post Modest 1.7% Growth in April 2026
Government data showed that India’s eight core infrastructure sectors including steel coal and cement collectively grew by just 1.7% in April 2026.
Steel Ministry Reports 12 Percent Growth in Domestic Steel Consumption in FY26
India’s steel consumption grew sharply in the fiscal year driven by infrastructure projects and housing construction demand