Steel – 9xm News

East India Drums Hits Upper Circuit After Executing Steel Drum Supply Contract with HPCL | Udaipur Kiran

Mumbai, October 29 (Udaipur Kiran): Shares of East India Drums and Barrels Manufacturing hit the upper circuit limit of ₹106.55, rising 4.98%, after the company announced the successful execution of a contract with Hindustan Petroleum Corporation Limited (HPCL) for the supply of steel drums. The stock opened and remained locked at ₹106.55 throughout the session, […]

Scientific breakthrough: What is ‘superwood’? US company creates wood 10x stronger than steel

A US company has developed a new type of wood, called Superwood, which it says is up to 10 times stronger than steel by weight while being up to six times lighter. The product has now been launched commercially by InventWood, a company co-founded by material scientist Liangbing Hu.Over a decade ago, Hu began experimenting […]

John Cockerill India Gains 3% After Securing Key Contract from JSW JFE Electrical Steel Nashik | Udaipur Kiran

Mumbai, September 9 (Udaipur Kiran) — Shares of John Cockerill India rose over 3 percent on Tuesday after the company announced that it has secured a major contract from JSW JFE Electrical Steel Nashik, one of India’s first manufacturers of Cold Rolled Grain-Oriented Electrical Steel (CRGO). The contract, awarded in August 2025, covers the engineering, […]

Steel, de minimis & China: Court declares ‘most’ Trump tariffs illegal – what levies are spared

A federal appeals court has ruled that most of US President Donald Trump’s “reciprocal tariffs” are illegal, but several key parts of his trade agenda remain unaffected, CNBC reported.The US court of appeals for the federal circuit on Friday held that Trump exceeded presidential authority when he imposed broad levies covering nearly 69 percent of […]

Tata Steel moves up on acquiring stake in TSHP | Udaipur Kiran

Tata Steel is currently trading at Rs. 155.50, up by 0.50 points or 0.32%, from its previous closing of Rs. 155.00 on the BSE. The scrip opened at Rs. 156.10 and has touched a high and low of Rs. 156.10 and Rs. 154.00 respectively. So far 281816 shares were traded on the counter. The BSE […]

Vibhor Steel Tubes zooms on commencing supply of ERW and GI Pipes from new Odisha plant | Udaipur Kiran

Vibhor Steel Tubes is currently trading at Rs. 187.60, up by 31.20 points or 19.95% from its previous closing of Rs. 156.40 on the BSE. The scrip opened at Rs. 157.65 and has touched a high and low of Rs. 187.60 and Rs. 157.10 respectively. So far 22143 shares were traded on the counter. The […]

Another tariff hit: Donald Trump signals levies on chips and steel; semiconductor duties may hit 300%

US President Donald Trump is loading another tariff bullet, this time aimed at semiconductor chips and steel.The move, expected to be announced in the coming weaks, could shake the already rattled global trade.“I’ll be setting tariffs next week and the week after on steel and on, I would say, chips,” Trump told reporters aboard Air […]

Clairton Coke Works steel plant explosion: One dead, dozens injured; rescue ops under way

An explosion at the US Steel Clairton Coke Works plant near Pittsburgh on Monday killed one, injured dozens and left several people trapped beneath rubble, officials said. Emergency teams were on site working to rescue those still caught in the debris.“There are no confirmed fatalities at the Clairton Coke Works,” said Abigail Gardner, director of […]

Trump gets ‘golden share’ power in US Steel buyout. US agencies will get it under future presidents

HARRISBURG: President Donald Trump will control the so called “golden share” that’s part of the national security agreement under which he allowed Japan based Nippon steel to buy out iconic American steelmaker US Steel, according to disclosures with the US Securities and Exchange Commission.The provision gives the president the power to appoint a board member […]

Struggling German steel giant Thyssenkrupp plans major overhaul | World News

FRANKFURT: Thyssenkrupp said Monday it planned a major overhaul that will split the vast conglomerate into several standalone businesses, fuelling fears about further job losses and a looming break-up of the historic German industrial titan. Once a symbol of German manufacturing might, Thyssenkrupp has fallen into crisis in recent years as high costs at home, […]