BSE Metal

VEDANTA: CO RECEIVES PENALTY ORDER OF 1.46 BLN RUPEES FOR SAED

JSW STEEL: BOARD MEETING ON MAY 23 TO CONSIDER RAISING LONG-TERM FUNDS -- BOARD TO CONSIDER ISSUANCE OF REDEEMABLE NON-CONVERTIBLE DEBENTURES -- CO TO CONSIDER RAISING OF LONG-TERM FUNDS INCLUDING QUALIFIED INSTITUTIONS PLACEMENT

TATA STEEL: CO SAYS INVESTMENT IN T STEEL HOLDINGS PTE -- CO TO INFUSE FUNDS UP TO USD 2.5B BY WAY OF SUBSCRIPTION TO SHARES OF T STEEL HOLDINGS -- TSHP TO USE FUNDS FOR PURPOSES INCLUDING DEBT REPAYMENT, RESTRUCTURING COSTS

TATA STEEL: CO RECOMMENDS DIVIDEND OF 3.6 RUPEES PER SHARE

TATA STEEL: Q4 EBITDA 65.6B RUPEES VS 66.38B (YOY); EST 64.37B -- Q4 EBITDA MARGIN 11.67% VS 11.31% (YOY); EST 11.4%

TATA STEEL: Q4 CONS NET PROFIT 13B RUPEES VS 6.11B (YOY); EST 10.8B - 3.3B (QOQ) -- Q4 REVENUE 562.2B RUPEES VS 586.9B (YOY); EST 564.12B

JINDAL STAINLESS: CO EXEC SAYS TRADE BODY WILL BE FILING A PETITION IN NEXT FEW WEEKS ON ANTI-DUMPING OF STAINLESS STEEL -- CO EXEC - CHINA, VIETNAM ARE DUMPING STAINLESS STEEL AT THROWAWAY PRICES

JINDAL STAINLESS: CO EXEC SAYS VERY BULLISH ON DOMESTIC GROWTH IN STAINLESS STEEL -- CO EXEC SAYS EXPECT EXPORTS VOLUMES TO GROW BY 30% Y/Y IN FY26

JINDAL STAINLESS: CO EXEC SAYS 9-10% VOLUME GROWTH EXPECTED IN FY26 -- CO EXEC SAYS U.S. TARIFFS GIVE US A MORE LEVEL PLAYING FIELD IN THE EXPORT MARKET -- CO EXEC SAYS EUROPE SHOWING SIGNS OF RECOVERY COMPARED TO LAST YEAR

JINDAL STAINLESS: CO SAYS FINAL DIVIDEND OF 2 RUPEES PER EQUITY SHARE

JINDAL STAINLESS: Q4 EBITDA 10.61B RUPEES VS 10.35B (YOY) -- Q4 EBITDA MARGIN 10.4% VS 10.95% (YOY)

JINDAL STAINLESS: Q4 REVENUE 101.98B RUPEES VS 94.54B (YOY)

JINDAL STAINLESS: Q4 CONS NET PROFIT 5.91B RUPEES VS 5B (YOY); 6.55B (QOQ)

COAL INDIA: CO AND AM GREEN SIGN MOU FOR INDIAS LARGEST RE SUPPLY CONTRACT -- CIL PLANS TO SUPPLY 4500 MW CARBON-FREE ENERGY; ESTIMATED TOTAL OUTLAY AROUND 250B RUPEES

APL APOLLO TUBES: CO ALSO PLANS TO INCREASE CAPACITY BY 100,000 TONNES IN THE HEAVY SEGMENT -- CO IS ENTERING INTO SUPER SPECIALTY TUBES WITH A SMALL INVESTMENT OF RS 300-400 CR, TESTING THE MARKET WITH A 250,000 TONNE CAPACITY IN FOUR DIFFERENT CATEGORIES - CONCALL UPDATE

APL APOLLO TUBES: CO IS EXPANDING ITS CAPACITIES TO 7 MILLION TONNES IN THE NEXT THREE YEARS FROM THE CURRENT 5 MILLION TONNES, WITH CAPEX OF AROUND RS 15B TO BE SPREAD ACROSS THE NEXT FEW YEARS, WHICH WILL BE FUNDED FROM INTERNAL CASH FLOWS - CONCALL UPDATE

APL APOLLO TUBES: EBITDA MARGIN WILL CONTINUE TO IMPROVE WITHOUT STRESS ON THE VOLUME, DRIVEN BY NEW GEOGRAPHIES, NEW PRODUCTS, BETTER SALES MIX, AND NEW PLANTS - CONCALL UPDATE

APL APOLLO TUBES: CO IS "HIGHLY CONFIDENT" THAT IT CAN DELIVER 20% YEAR-OVER-YEAR VOLUME GROWTH OVER THE NEXT THREE TO FOUR YEARS -- GUIDANCE FOR FY26 IS NEAR RUPEES 5,000 A TONNE - CONCALL UPDATE

COAL INDIA: CO SAYS MOU BETWEEN COAL INDIA LTD (CIL) AND AM GREEN AMMONIA (INDIA) -- MOU FOR SUPPLYING RENEWABLE POWER TO AM GREENS GREEN AMMONIA PROJECT IN KANDLA OR ANY OTHER FACILITY FROM 4.5 GW RENEWABLE ENERGY PROJECT/S OF CIL

COAL INDIA: CO HAS RECOMMENDED A FINAL DIVIDEND OF 5.15 RUPEES PER EQUITY SHARE

COAL INDIA: Q4 EBITDA 119.59B RUPEES VS 114.62B (YOY) -- Q4 EBITDA MARGIN 31.62% VS 29.99% (YOY)

COAL INDIA: Q4 REVENUE 378.25B RUPEES VS 382.13B (YOY)

COAL INDIA: Q4 CONS NET PROFIT 96.04B RUPEES VS 85.72B (YOY); EST 84B - 85.06B (QOQ)

APL APOLLO TUBES: FY25 SALES VOLUME AT 3.16 MILLION TONS VS GUIDANCE 3.2 MILLION TONS OF FOR FY 25

APL APOLLO TUBES: CO APPROVED CAPEX PLAN OF RUPEES 1500CR OVER THE NEXT THREE YEARS -- OVERALL CAPACITY TO INCREASE FROM 4.5 MT TO 6.8 MT

APL APOLLO TUBES: CO DECLARES A DIVIDEND OF RUPEES 5.75 PER SHARE

APL APOLLO TUBES: Q4 REVENUE 55.09B RUPEES VS 47.65B (YOY)

APL APOLLO TUBES: Q4 EBITDA 4.14B RUPEES VS 2.8B (YOY) -- Q4 EBITDA MARGIN 7.5% VS 5.88% (YOY)

APL APOLLO TUBES: Q4 CONS NET PROFIT 2.93B RUPEES VS 1.70B (YOY)

TATA STEEL: CO TO CONSIDER Q4 RESULT ON MAY 12

COAL INDIA: CO AND UPRVUNL SIGNED AN MOU TO JOINTLY DEVELOP A 500 MW SOLAR POWER PROJECT IN UTTAR PRADESH AS PART OF GREEN ENERGY INITIATIVES.

JSW STEEL: SUPREME COURT REJECTS JSW STEELS BHUSHAN POWER AND STEEL RESOLUTION PLAN - BUSINESS STANDARD

TATA STEEL: LIC OF INDIA RAISES STAKE IN COMPANY TO 7.85% FROM 5.84%

TATA STEEL: ODISHA GOVT - TATA STEEL TO ENHANCE CRUDE STEEL CAPACITY FROM PROPOSED 6.5 MTPA TO 7.1 MTPA WITH ADDITIONAL INVESTMENT OF 7 BLN, CREATING 375 JOBS

JSW STEEL: CO FILES APPEAL OVER 7.02B RUPEES CLAIM -- CO SAYS REVISIONARY AUTHORITY SETS ASIDE DEMAND NOTICES IN JSW STEEL CASE -- CO SAYS MATTER REMANDED BACK TO STATE GOVERNMENT OF ODISHA

NMDC: CO REPORTED PRODUCTION FOR MONTH OF APRIL 25 AT 4MT VS 3.48 (YOY) -- SALES AT 3.63 MT VS 3.53MT (YOY)

JSW STEEL: CO UPDATES ON SUPREME COURT RULING ON RESOLUTION PLAN FOR BHUSHAN POWER -- SUPREME COURT REJECTS COS RESOLUTION PLAN

JSW STEEL: SUPREME COURT REJECTS JSW STEELS RESOLUTION PLAN FOR BHUSHAN POWER AND STEEL LTD -- SC SAYS RESOLUTION PLAN OF JSW WAS ILLEGAL AND SHOULD NOT HAVE BEEN ACCEPTED BY COC

COAL INDIA: COS OFFTAKE SEEN AT 63.4 MTN VS 64.2MTN PREVIOUS

COAL INDIA: COS COAL PRODUCTION SEEN AT 62.1 MTN VS 61.8 MTN PREVIOUS

JINDAL STEEL: CO EXEC SAYS PROJECTS STARTED TWO YEARS AGO WILL START DELIVERING BENEFITS FROM FY 26 ONWARDS, WHILE RECENTLY ANNOUNCED PROJECTS WILL START DELIVERING FROM FY 27 AND 28 - CONCALL UPDATE

JINDAL STEEL: CO IS STRIVING TO DELIVER MORE THAN WHAT IS PROMISED IN THE GUIDANCE, WITH A FOCUS ON FINDING THE RIGHT MIX OF PRODUCT PORTFOLIO TO MAXIMIZE PERFORMANCE - CONCALL UPDATE

JINDAL STEEL: CO EXEC SAYS SALES VOLUMES ARE EXPECTED TO BE IN THE RANGE OF 8.5 MILLION TONNE TO 9 MILLION TONNE FOR FINANCIAL YEAR 26 - CONCALL UPDATE

JINDAL STEEL: CO IS RESTARTING ITS ANNUAL PRODUCTION AND SALES VOLUME GUIDANCE FOR FINANCIAL YEAR 26, WITH CRUDE STEEL PRODUCTION EXPECTED TO BE IN THE RANGE OF 9 MILLION TONNE TO 10 MILLION TONNE - CONCALL UPDATE

NMDC: CO HIKES LUMP ORE & FINES PRICES BY ₹440/TONNE EFFECTIVE TODAY -- CO HIKES LUMP ORE PRICE BY ₹440 TO ₹6,440/TONNE; HIKES FINES PRICE BY ₹440 TO ₹5,500/TONNE

VEDANTA: CO CFO AJAY GOEL SAYS CO EXPECTS DEMERGER TO COMPLETE BY SEPT-END - ET

JINDAL STEEL & POWER: CO HAS RECOMMENDED A DIVIDEND OF 2 RUPEES PER EQUITY SHARE

JINDAL STEEL & POWER: CO HAS AN EXCEPTIONAL ITEM OF LOSS 12.29B RUPEES -- Q4 PBT 13.1B RUPEES VS 11.63B (YOY)

JINDAL STEEL & POWER: Q4 EBITDA 22.71B RUPEES VS 24.44B (YOY); EST 23B -- Q4 EBITDA MARGIN 17.22% VS 18.12% (YOY); EST 19%

JINDAL STEEL & POWER: Q4 REVENUE 131.8B RUPEES VS 134.9B (YOY); EST 121B

JINDAL STEEL & POWER: Q4 CONS NET LOSS 3.39B RUPEES VS PROFIT 9.35B (YOY); EST 9.4B - PROFIT 9.5B (QOQ)

VEDANTA: CO DEMERGER TO BE COMPLETED BY SEPTEMBER 2025

VEDANTA: CO SAYS THAT IT HAS RECORDED ITS SECOND BEST FULL YEAR EBITDA

VEDANTA: Q4 REVENUE 398B RUPEES VS 349B (YOY)

VEDANTA: Q4 EBITDA 115B RUPEES VS 87.68B (YOY) -- Q4 EBITDA MARGIN 28.8% VS 24.69% (YOY)

VEDANTA: Q4 CONS NET PROFIT 34.8B RUPEES VS 13.7B (YOY)

JSW STEEL: CO UNIT JSWSCPL DECLARED SUCCESSFUL RESOLUTION APPLICANT FOR COLOUR ROOF INDIA

HINDUSTAN ZINC: Q4 EBITDA 48.20B RUPEES VS 36.54B (YOY) -- Q4 EBITDA MARGIN 53.04% VS 48.4% (YOY)

HINDUSTAN ZINC: Q4 SL NET PROFIT 29.8B RUPEES VS 20.4B (YOY)

HINDALCO: THE FACILITY MARKS CO’S FORAY INTO THE EV COMPONENT SECTOR -- CO PLANS TO DOUBLE PRODUCTION CAPACITY TO 160,000 ENCLOSURES PER YEAR

HINDALCO: CO DELIVERS 10,000 ALUMINIUM BATTERY ENCLOSURES TO MAHINDRA FROM ITS NEW STATE-OF-THE-ART FACILITY IN CHAKAN

NMDC: CO CHAIRMAN SAYS ACTIVELY LOOKING AT AFRICA FOR LITHIUM, IRON ORE, COPPER, COBALT -- CO SAYS LOOKING AT COKING COAL ASSETS IN INDONESIA, AUSTRALIA

JSPL: CO TO CONSIDER Q4 RESULT ON APRIL 30

JSW STEEL: CO CEO SAYS IMPORTS SHOULD SLOW DOWN TO SOME EXTENT AFTER IMPOSITION OF TEMPORARY TARIFF

JSW STEEL: CO CEO SAYS INDIA HAS SEEN IMPORT SURGE WHICH HAS IMPACTED MARGINS OF STEEL INDUSTRY -- WILL LOOK AT BUYING NEW COKING COAL ASSETS IF IT MAKES STRATEGIC, COMMERCIAL SENSE

JSW STEEL: CO CEO SAYS SAFEGUARD DUTY OR TEMPORARY TARIFFS A POSITIVE STEP FOR LOCAL STEEL INDUSTRY -- INDIA SUSCEPTIBLE TO LOW PRICED IMPORTS

JSW STEEL: CO CEO SAYS EUROPES IMPORT CURBS SLIGHTLY RESTRICTS OUR SPACE THERE

JSW STEEL: INDIAN GOVT SOURCES- EXPECTING STEEL IMPORTS TO SLOW FROM CHINA, SOUTH KOREA AND JAPAN AFTER IMPOSITION OF TEMPORARY TARIFF

TATA STEEL: INDIAN GOVT SOURCES- EXPECTING STEEL IMPORTS TO SLOW FROM CHINA, SOUTH KOREA AND JAPAN AFTER IMPOSITION OF TEMPORARY TARIFF

VEDANTA: VEDANTA RESOURCES CONSIDERS US IPO FOR ZAMBIAN COPPER ASSETS -SOURCES-- VEDANTA RESOURCES HAS HIRED BANKS TO ADVISE ON PLANS TO LIST KONKOLA COPPER MINES - SOURCES - RTRS

JINDAL STAINLESS: CO AND AB ENERGIA SET NEW BENCHMARK WITH ODISHAS LARGEST CAPTIVE INDUSTRIAL SOLAR PLANT --THE SOLAR PLANT IS CAPABLE OF GENERATING APPROXIMATELY 44.3 MILLION UNITS OF GREEN ENERGY ANNUALLY

JINDAL STAINLESS: CO AND AB ENERGIA SET NEW BENCHMARK WITH ODISHAS LARGEST CAPTIVE INDUSTRIAL SOLAR PLANT --THE SOLAR PLANT IS CAPABLE OF GENERATING APPROXIMATELY 44.3 MILLION UNITS OF GREEN ENERGY ANNUALLY

TATA STEEL: CO CEO SAYS IMPORT DUTY KEY TO FAIR PLAY IN STEEL SECTOR -- CO CEO SAYS SAFEGUARD DUTY RESTORES FAIR COMPETITION

TATA STEEL: CO CEO BACKS GOVTS STEEL IMPORT SAFEGUARD DUTY -- SAYS THIS DECISION HELPS RESTORE FAIR COMPETITION

VEDANTA: CO SAYS VEDANTA ITSELF IS NOT A PARTY TO THIS AGREEMENT -- CO SAYS THE FACILITY WAS ARRANGED TO SUPPORT DEBT SERVICING AND GENERAL CORPORATE PURPOSES OF THE PROMOTER GROUP, SPECIFICALLY TWIN STAR HOLDINGS, WHICH HOLDS A SIGNIFICANT EQUITY STAKE (40.02%) IN VEDANTA

VEDANTA: CO SAYS THAT IT RECEIVED A DISCLOSURE FROM ITS PROMOTER GROUP ENTITIES—VEDANTA RESOURCES, TWIN STAR HOLDINGS, AND WELTER TRADING -- CO SAYS THESE ENTITIES ARE PARTY TO A USD 530M FACILITY AGREEMENT SIGNED ON APRIL 17, 2025, WITH GLOBAL FINANCIAL INSTITUTIONS INCLUDING BARCLAYS BANK, DEUTSCHE BANK, AND STANDARD CHARTERED, AMONG OTHERS

COAL INDIA: CO SAYS MOU BETWEEN COAL INDIA AND DAMODAR VALLEY CORPORATION; MOU FOR SETTING UP 2X800 MW ULTRA SUPERCRITICAL UNITS IN JHARKHAND -- MOU ALSO TO EXPLORE OPPORTUNITIES FOR THERMAL POWER PROJECTS, RENEWABLE ENERGY PROJECTS

COAL INDIA: BOARD MEETING ON MAY 7 TO CONSIDER Q4 RESULTS -- CO TO CONSIDER AND RECOMMEND PAYMENT OF FINAL DIVIDEND FOR FY 2024-25

COAL INDIA: CO TO CONSIDER Q4 RESULTS ON MAY 7

TATA STEEL: TATA STEEL NEDERLAND - INCLUDES ALIGNED DEVELOPMENT OF DEDICATED INFRASTRUCTURE THROUGHOUT THE CORRIDOR

TATA STEEL: TATA STEEL NEDERLAND- AGREEMENT INCLUDES DEVELOPMENT OF A CENTRALIZED LIQUEFACTION, STORAGE, AND EXPORT FACILITY AT THE PORT OF DUQM -- TATA STEEL NETHERLAND - DISCUSSIONS TO BE HELD ON PRICING, DELIVERY OF LIQUID HYDROGEN TO AMSTERDAM AREA, NETHERLANDS, GERMANY, WITH ENBW AS AGGREGATOR

TATA STEEL: TATA STEEL NEDERLAND, PORT OF AMSTERDAM, ECOLOG ARE AMONG INDUSTRIAL ORGANISATIONS INVOLVED -- TATA STEEL NEDERLAND - AGREEMENT COMPRISES SEVERAL KEY COMPONENTS VITAL TO THE CORRIDOR’S DEVELOPMENT

TATA STEEL: TATA STEEL NEDERLAND - HISTORIC AGREEMENT SIGNED FOR WORLD’S FIRST LIQUID HYDROGEN IMPORT CORRIDOR BETWEEN OMAN, THE NETHERLANDS, AND GERMANY -- AGREEMENT ENABLES THE COMMERCIAL-SCALE IMPORT OF RENEWABLE FUEL OF NON-BIOLOGICAL ORIGIN (RFNBO) COMPLIANT LIQUID HYDROGEN TO EUROPE

JSW STEEL: JSW GROUP TO INVEST RS 50,000 CRORE IN GREEN STEEL FOR EUROPEAN MARKETS - MONEYCONTROL

VEDANTA: CAIRN OIL & GAS, VEDANTA ACQUIRES 7 NEW BLOCKS IN OALP ROUND-IX; GEARS UP FOR RAPID EXPANSION IN THE WEST COAST OF INDIA

VEDANTA: CO SAYS EXPLORATION BLOCKS IN ASSAM UNDER EXPLORATION STAGE

VEDANTA: CO SAYS REQUESTED TO DEPOSIT 711.7M RUPEES ENVIRONMENTAL COMPENSATION

VEDANTA: CO SAYS UNIT TSPL AND SEPCO ENTERED AGREEMENTS FOR 3X660 MW THERMAL POWER PROJECT; DISPUTES AROSE IN 2015, SETTLEMENT REACHED IN 2016 -- CO SAYS SUPREME COURT OBSERVED IT HAS JURISDICTION TO APPOINT THIRD ARBITRATOR

JINDAL STAINLESS: CO UNIT JSL SUPER STEEL AND SUNSURE ENERGY SIGN 11 MWP PPA -- AGREEMENT WILL HELP DISPLACE 40% OF THE CONVENTIONAL ENERGY CONSUMED BY JSL SUPER STEEL’S GHAZIABAD FACILITY

TATA STEEL: TATA STEEL NETHERLANDS - IN THE COMING WEEKS, INTENSIVE CONSULTATIONS WILL TAKE PLACE WITH UNIONS AND OTHER KEY STAKEHOLDERS -- TATA STEEL LTD NETHERLANDS - CERTAIN CHANGES ARE ALSO BEING MADE IN THE LOCAL MANAGEMENT BOARD OF TSN

TATA STEEL: TATA STEEL NEDERLAND ANNOUNCES MAJOR TRANSFORMATION PROGRAMME -- TATA STEEL NEDERLAND FILES REQUEST FOR ADVICE TO CENTRAL WORKS COUNCIL -- TSN REORGANISATION EXPECTED TO LEAD TO LOSS OF ABOUT 1600 ROLES

Tata Steel Ltd.: Rs. 26.73 Crores NSE Block Trade; for ~ 2,096,148 Shares, at Rs. 127.52

NMDC: CO ISSUES CLARIFICATION ON NEWS ITEM CAPTIONED ‘NMDC FACES GOVERNANCE SCRUTINY OVER LOSS-MAKING AUSTRALIAN SUBSIDIARY AMID FRESH INVESTMENT CONCRNS” -- CO SAYS ANONYMOUS COMPLAINT REPORTED IN NEWS ARTICLE ABSOLUTELY FALSE AND BASELESS

TATA STEEL: INDIA FY2025 CRUDE STEEL PRODUCTION UP 5% YOY TO 21.8 MLN TONS -- DOMESTIC DELIVERIES UP 4.4% YOY TO 19.7 MLN TONS

JSW STEEL: CO REPORTED HIGHEST EVER CONSOLIDATED CRUDE STEEL PRODUCTION FOR THE FOURTH QUARTER OF FY 2024-25 AT 7.63 MILLION TONNES. THE CRUDE STEEL PRODUCTION WAS HIGHER BY 12% YOY

JINDAL STEEL AND POWER: CO ACQUIRES ALLIED STRIPS FOR RS 217.53 CRORE - ET

TATA STEEL: CO GOT INCOME TAX ORDER INCREASING FY19 TAXABLE AMOUNT -- CO SAYS MANAGEMENT STUDYING IMPACT OF INCOME TAX ORDER -- CO SAYS TAX ORDER RELATED TO BHUSHAN STEEL RESOLUTION

Steel Authority of India Ltd.: Rs. 27.60 Crores NSE Block Trade; for ~ 2,444,980 Shares, at Rs. 112.87

VEDANTA: CO SAYS 4Q TOTAL POWER SALES JUMP 18% QOQ -- QUARTERLY ZINC INTERNATIONAL PRODUCTION RISES 52% YOY

VEDANTA: CO SAYS 4Q IRON ORE SALEABLE PRODUCTION JUMPS 22% YOY -- ANNUAL ALUMINIUM PRODUCTION AT 2,421 KT, UP 2% YOY

HINDUSTAN ZINC: CO SAYS RECORD MINED METAL PRODUCTION AT 1095 KT FOR FY25 -- REFINED METAL PRODUCTION AT 1052 KT FOR FY25 -- QUARTERLY MINED METAL PRODUCTION OF 310 KT FOR Q4FY25

COAL INDIA: CO CHAIRMAN SAYS FY26 OUTPUT TARGET 875M TONS VS 760M TONS CURRENTLY

COAL INDIA: CO CHAIRMAN SAYS LOOKING FOR LITHIUM IN ARGENTINA AND AUSTRALIA

SAIL: CO CHAIRMAN SAYS WE FEEL SAFEGUARD DUTY HAS TO COME

SAIL: CO CHAIRMAN SAYS TARIFFS MIGHT CAUSE STEEL FLOWS TO COME TO INDIA BUT GOVT SEIZED OF THE MATTER

SAIL: CO CHAIRMAN SAYS INDIA STEEL CONSUMPTION GROWTH SEEN AROUND 9-10% IN 2024/25

TATA STEEL: CO ACQUIRES 1.24 LAKH SHARES OF INDIAN FOUNDATION FOR QUALITY MANAGEMENT (IFQM) FOR ₹12.49 CRORE -- CO SAYS POST THE ACQUISITION, THE CO’S SHAREHOLDING IN IFQM HAS INCREASED FROM 9.09% TO 16.66%

COAL INDIA: CO SAYS APPROVED ENHANCEMENT OF NOTIFIED PRICE OF COAL BY 10 RUPEES PER TON -- CO SAYS PRICE INCREASE WOULD COME INTO FORCE FROM 00:00 HOURS OF APRIL 16

NMDC: CO SAYS MARCH PROVISIONAL PRODUCTION AT 3.55 MT -- MARCH PROVISIONAL SALES AT 4.21 MT

COAL INDIA: COS COAL PRODUCTION 781MT VS GUIDANCE OF 840MT FOR FY25

COAL INDIA: COS COAL PRODUCTION 781MT VS 840MT FOR FY25

NMDC: JAN-MAR IRON ORE OUTPUT 13.27MT VS 13.24MT (YOY) -- JAN-MAR IRON ORE SALES 12.58MT VS 12.50MT (YOY) - NDTV

APL APOLLO TUBES: CO REGISTERED THE HIGHEST EVER SALES VOLUME OF 850,447 TON IN Q4FY25

HINDALCO INDUSTRIES: FINAL FINDINGS OF MID TERM REVIEW OF ANTI-DUMPING DUTY IMPOSED ON THE IMPORTS OF "ALUMINIUM FOIL BELOW 80 MICRONS" ORIGINATING IN OR EXPORTED FROM THAILAND - NOTIFICATION

VEDANTA: CO EXTENDS TIMELINE FOR SCHEME OF ARRANGEMENT CONDITIONS -- TIMELINE EXTENDED TO SEPTEMBER 30, 2025 -- SCHEME OF ARRANGEMENT BETWEEN CO, TALWANDI SABO POWER, MALCO ENERGY AND OTHERS

COAL INDIA: CO & CONSORTIUM SEEK 20% STAKE IN SQMS LITHIUM PROJECTS IN AUSTRALIA - RTRS

COAL INDIA: INDIAN STATE FIRMS SEEK 20% STAKE IN SQMS LITHIUM PROJECTS IN AUSTRALIA - RTRS

JINDAL STAINLESS: CO LOOKING AT INVESTING RS 40,000 CR TO SET UP PLANT IN MAHARASHTRA -MONEYCONTROL

JSW STEEL: CO SAYS PSL ACCEPTS 222.6M SHARES FROM JSW STEEL, PAYS 15.09B RUPEES

JINDAL STEEL & POWER: CO DECLARED SUCCESSFUL BIDDER FOR SARADHAPUR JALATAP EAST COAL BLOCK -- CO HAS BEEN DECLARED THE HIGHEST BIDDER WITH A REVENUE SHARING OF 10%

JSW STEELS: CO TO CONSIDER Q4 RESULTS ON MAY 23

VEDANTA: CO APPOINTS RAJIV KUMAR AS CEO OF ALUMINIUM BUSINESS -- CO SAYS RAJIV KUMAR APPOINTED FOR A TERM OF THREE YEARS

JINDAL STAINLESS: CO AND M1XCHANGE PARTNER TO STRENGTHEN SUPPLY CHAIN ECOSYSTEM

JINDAL STAINLESS: CO APPROVES ACQUISITION OF 5.03% STAKE IN MYND SOLUTIONS -- COST OF ACQUISITION FOR 5.03% STAKE IS 1.03B RUPEES

JSW STEEL: CO UNIT PIOMBINO STEEL APPROVES BUY-BACK OF 222.6 MILLION SHARES AT 75.30 RUPEES EACH

TATA STEEL: CO SAYS NINE INDIVIDUALS INJURED DUE TO ACCIDENT AT KALINANAGAR STEEL PLANT, FLAGS NO IMPACT TO PRODUCTION

TATA STEEL: CO SAYS AN INCIDENT HAS BEEN REPORTED AT STEEL MELTING SHOP OF TATA STEEL KALINGANAGAR, WHERE FEW EMPLOYEES MET WITH INJURIES -- CO SAYS NO SERIOUS INJURIES IN TATA STEEL KALINGANAGAR INCIDENT, WE ARE INVESTIGATING THE MATTER, TAKING NECESSARY STEPS TO ADDRESS THE SITUATION

NMDC: CO SAYS FEDERATION OF UNIONS ASKED THEIR MEMBERS TO RESUME DUTIES FULLY -- CO SAYS EMPLOYEES HAVE RESUMED DUTIES, NORMAL OPERATIONS HAVE RESUMED AT ALL PROJECTS

NALCO: STOCK ADDITION IN THE FTSE ALL WORLD INDEX INFLOW OF ($14.0 MILLION) 1.2B RUPEES

TATA STEEL LTD.: RS. 52.24 CRORES NSE BLOCK TRADE; FOR ~ 3,312,858 SHARES, AT RS. 157.70

HINDALCO: CO EXEC SAYS LARGE PART OF COS EBITDA, ABOVE 60%COMES FROM NON- COMMODITY PRICES- LINKED REVENUE - CNBC TV18

HINDALCO: ALUMINIUM PRICES HAVE BEEN QUITE HIGH IN THE LAST COUPLE OF MONTHS - CNBC TV18

JINDAL STAINLESS: ANURAG MANTRI RESIGNS AS EXECUTIVE DIRECTOR & GROUP CFO

JSW STEEL: INDIAS JSW GROUP TO SET UP 0.5 MLN T CAPACITY COPPER SMELTER IN ODISHA - RTRS

VEDANTA: CO CHAIR PERSON SAYS IF WE GET OUR PRICE WE MIGHT EXIT STEEL - CNBC TV18

HINDUSTAN ZINC: CO APPROVES ALLOTMENT OF RUPEES 500 CR NON-CONVERTIBLE DEBENTURES

TATA STEEL LTD.: RS. 158.69 CRORES NSE BLOCK TRADE; FOR ~ 10,048,147 SHARES, AT RS. 157.93

TATA STEEL: INDIA IMPOSED 12% PROVISIONAL SAFEGUARD DUTY ON MAIN STEEL FLAT PRODUCTS

JINDAL STEEL & POWER: PRELIMINARY FINDINGS IN THE SAFEGUARD INVESTIGATION CONCERNING IMPORTS OF “NON-ALLOY AND ALLOY STEEL FLAT PRODUCTS” - GOV

SAIL: PRELIMINARY FINDINGS IN THE SAFEGUARD INVESTIGATION CONCERNING IMPORTS OF “NON-ALLOY AND ALLOY STEEL FLAT PRODUCTS” - GOV

JSW STEEL: PRELIMINARY FINDINGS IN THE SAFEGUARD INVESTIGATION CONCERNING IMPORTS OF “NON-ALLOY AND ALLOY STEEL FLAT PRODUCTS” - GOV

COAL INDIA: MOU TO JOINTLY WORK ON TECHNOLOGY DEVELOPMENT IN FIELD OF CRITICAL MINERALS

COAL INDIA: MOU BETWEEN CO, NON-FERROUS MATERIALS TECHNOLOGY DEVELOPMENT CENTRE

Tata Steel Ltd.: Rs. 15.61 Crores NSE Block Trade; for ~ 1,019,737 Shares, at Rs. 153.05

TATA STEEL: FITCH RATINGS- RATING HEADROOM REDUCED AS SUPPLY OF CHEAP STEEL IMPORTS FROM CHINA TO PRESSURE INDIA STEEL PRICES IN FY26

JSW STEEL: FITCH RATINGS- RATING HEADROOM REDUCED AS SUPPLY OF CHEAP STEEL IMPORTS FROM CHINA TO PRESSURE INDIA STEEL PRICES IN FY26

TATA STEEL: FITCH RATINGS-RATING HEADROOM REDUCED FOR CO

JSW STEEL: FITCH RATINGS-RATING HEADROOM REDUCED FOR CO

INDIA 10 YEAR BENCHMARK GOVT BOND YIELD AT 6.69% VS 6.68% PREVIOUS CLOSE

NMDC: BOARD APPROVED INTERIM DIVIDEND OF 2.30 RUPEES PER EQUITY SHARE

SAIL: CO TO SCALE UP ROURKELA STEEL PLANT CAPACITY TO 9 MT BY 2030 AT RUPEES 30,000 CR INVESTMENT - ET

COAL INDIA: JHARKHAND GOVT INCREASES COAL CESS BY RUPEES 150/TN - NDTV PROFIT

SAIL: JHARKHAND GOVT INCREASES IRON ORE CES BY RUPEES 300/TN - NDTV PROFIT

NMDC: JHARKHAND GOVT INCREASES IRON ORE CESS BY RUPEES 300/TN - NDTV PROFIT

APL Apollo Tubes Ltd.: Rs. 32.26 Crores NSE Block Trade; for ~ 231,271 Shares, at Rs. 1394.95

TATA STEEL: EU HAS REDUCED THE QUOTA FOR INDIAN STEEL BY 25%

NMDC: INDIA STEEL MINISTRY SAYS THERE IS NO DECISION ON KIOCL AND CO MERGER - ET

HINDUSTAN ZINC: SERENTICA RENEWABLES AND CO STRENGTHEN PARTNERSHIP, AUGMENT RE POWER TO 530 MW

HINDUSTAN ZINC: CO BOARD APPROVES FUND RAISE OF UPTO 5B RUPEES VIA BONDS

TATA STEEL LTD.: RS. 61.24 CRORES NSE BLOCK TRADE; FOR ~ 4,027,578 SHARES, AT RS. 152.06

JSW STEEL: CO REPORTED CONSOLIDATED CRUDE STEEL PRODUCTION FOR THE MONTH OF FEB’25 AT 24.07 LAKH TONNES; CONSOLIDATED PRODUCTION WAS HIGHER BY 12% (YOY) -- CAPACITY UTILISATION FOR FEB’25 AT INDIAN OPERATIONS 93.5%

COAL INDIA: CO JOINS HANDS WITH IIT, HYDERABAD FOR R&D IN CLEAN COAL TECH

NMDC: BOARD MEETING ON MARCH 17 TO CONSIDER, INTER ALIA, DECLARATION OF INTERIM DIVIDEND FOR FINANCIAL YEAR 2024-25

Tata Steel Ltd.: Rs. 22.90 Crores NSE Block Trade; for ~ 1,506,445 Shares, at Rs. 152.00

TATA STEEL LTD.: RS. 76.09 CRORES NSE BLOCK TRADE; FOR ~ 5,006,119 SHARES, AT RS. 152.00

TATA STEEL LTD.: RS. 152.34 CRORES NSE BLOCK TRADE; FOR ~ 10,022,759 SHARES, AT RS. 151.99

TATA STEEL LTD.: RS. 76.63 CRORES NSE BLOCK TRADE; FOR ~ 5,046,740 SHARES, AT RS. 151.84

NMDC: CO SAYS AMITAVA MUKHERJEE APPOINTED AS CHAIRMAN & MANAGING DIRECTOR

JINDAL STAINLESS: CO COMPLETES DIVESTMENT OF 26% STAKE IN JINDAL COKE -- CO RECEIVES 1.95B RUPEES FROM DIVESTMENT

HINDUSTAN ZINC: BOARD MEETING ON MARCH 10 TO CONSIDER AND EVALUATE PROPOSALS FOR RAISING FUNDS THROUGH THE ISSUE OF LISTED NON-CONVERTIBLE DEBENTURES ON PRIVATE PLACEMENT BASIS

JSW STEEL: CO RECEIVES RESPONSIBLESTEELTM CERTIFICATION SIMULTANEOUSLY FOR FOUR MANUFACTURING SITES -- CO’S PLANTS AT VIJAYNAGAR, DOLVI, TARAPUR & SALEM

VEDANTA: CO SPINOFF FACES SETBACK - NEWSPAPER

NMDC: IRON ORE FALLS BELOW USD 100 A TON FOR FIRST TIME SINCE MID-JAN

NMDC: CO FEB TOTAL PRODUCTION SEEN AT 4.62 MT VS 3.92 MT (YOY) -- CO FEB TOTAL SALES SEEN AT 3.98 MT VS 3.99 MT (YOY)

JINDAL STAINLESS: CO BOARD APPROVES ACQUISITION OF AGH DREAMS AND UTKRISHT DREAM VENTURES

JINDAL STEEL: JINDAL SAID TO RAISE BID FOR ITALIAN STEELMAKER TO €4 BILLION- BBG

COAL INDIA: CIL BOARD APPROVES 300 RUPEES PER TONNE CHARGE FROM MAY 1, 2025 -- EXPECTED ADDITIONAL REVENUE AROUND 38.78B RUPEES -- 300 RUPEES PER TONNE CHARGE LEVIED UNIFORMLY ACROSS ALL MINES OF NORTHERN COALFIELDS

NMDC: INDIA MINES SECY SAYS GOVT IS WORKING ON CONSULTATION FOR INDEXING IRON ORE PRICES LINKED TO INTERNATIONAL PRICES

COAL INDIA: INDIA MINES SECY SAYS CO, NMDC, ONGC VIDESH EXPLORING CRITICAL MINERALS IN AUSTRALIA

NMDC: INDIA MINES SECY SAYS CO, COAL INDIA, ONGC VIDESH EXPLORING CRITICAL MINERALS IN AUSTRALIA

TATA STEEL: CO SAYS ACQUISITION OF EQUITY STAKE IN T STEEL HOLDINGS -- CO ACQUIRES 7.89B SHARES IN T STEEL HOLDINGS FOR $1.24B -- FUNDS TO BE USED FOR DEBT REPAYMENT AND RESTRUCTURING AT TATA STEEL UK

TATA STEEL: CO ACQUIRES STAKE WORTH RS 10,727 CRORE IN ARM T STEEL HOLDINGS

VEDANTA: INDIA COULD EXTEND IMPORT CURBS ON LOW ASH METALLURGICAL COKE - RTRS

VEDANTA: INDIA COULD EXTEND IMPORT CURBS ON LOW ASH METALLURGICAL COKE - RTRS

VEDANTA: CO CHAIRMAN SAYS CAIRN OIL & GAS COMMITS 500 BLN RUPEES INVESTMENT FOR OIL EXPLORATION IN ASSAM

VEDANTA: CO HAS BEEN DECLARED AS PREFERRED BIDDER FOR THE KAUHARI DIAMOND BLOCK -- KAUHARI DIAMOND BLOCK IS AT G4 LEVEL OF EXPLORATION WITH TOTAL AREA OF 643.4169 HECTARES FOR BLOCK

VEDANTA: CO SEEKS EOI FOR 5000MW CAPTIVE NUCLEAR POWER PLANT - ETNOW

TATA STEEL: CO ACQUIRED EQUITY SHARES AGGREGATING TO USD 300 MILLION (₹2,603.16 CRORE) IN T STEEL HOLDINGS PTE. LTD (‘TSHP’) -- POST THIS ACQUISITION, TSHP WILL CONTINUE TO BE A WHOLLY OWNED SUBSIDIARY OF THE CO

TATA STEEL: NEATH PORT TALBOT COUNCIL APPROVES PLANS FOR ELECTRIC ARC FURNACE IN PORT TALBOT

VEDANTA: VEDANTA CREDITORS MEET ON TUESDAY TO VOTE ON INDIA DEMERGER PLAN - ET

HINDALCO: COS MD NOT IN A HURRY TO LAUNCH NOVELIS IPO -- ALSO SAYS PLAN TO COMPLETE BAY PROJECT BEFORE NOVELIS IPO

HINDALCO INDUSTRIES: CO EXEC SAYS DO NOT SEE A SCENARIO WHERE THERE IS NO SETTLEMENT ON THE RECIPROCAL TARIFF ISSUE

TATA STEEL: CO APPROVED THE ISSUE OF NCDS WORTH 30B RUPEES

HINDALCO: CO SAYS NEGOTIATIONS ON ACQUISITION OF MYWINDOW DID NOT MATERIALIZE -- CO SAYS MYWINDOW TRANSACTION OFFICIALLY CLOSED

HINDALCO: CO SAYS PRAVEEN KUMAR MAHESHWARI TO STEP DOWN AS CFO ON MARCH 31, 2025 -- CO APPOINTS BHARAT GOENKA AS CFO EFFECTIVE APRIL 1, 2025

HINDALCO: Q3 EBITDA 26.64B RUPEES VS 19.6B (YOY) -- Q3 EBITDA MARGIN 11.20% VS 9.68% (YOY)

HINDALCO: Q3 SL NET PROFIT 14.6B RUPEES VS 8.4B (YOY) -- Q3 REVENUE 238B RUPEES VS 203B (YOY)

HINDALCO: Q3 EBITDA 75.8B RUPEES VS 58.65B (YOY);EST 74.2B -- Q3 EBITDA MARGIN 12.99% VS 11.11% (YOY); EST 12.83%

HINDALCO: Q3 CONS NET PROFIT 37.35B RUPEES VS 23.31B (YOY); EST 34.9B -- Q3 REVENUE 584B RUPEES VS 528B (YOY); EST 578.5B

HINDALCO: Q3 CONS NET PROFIT 37.35B RUPEES VS 23.31B (YOY); EST 34.9B -- Q3 REVENUE 584B RUPEES VS 528B (YOY); EST 578.5B

SAIL: Q3 EBITDA 20.3B RUPEES VS 21.42B (YOY) -- Q3 EBITDA MARGIN 8.29% VS 9.17% (YOY)

SAIL: Q3 CONS NET PROFIT 1.4B RUPEES VS 4.23B (YOY); 8.97B (QOQ) -- Q3 REVENUE 244.9B RUPEES VS 233.5B (YOY)

JSW STEEL: JSW GROUP - ANNOUNCES 1.2 TRILLION RUPEES INVESTMENT IN KARNATAKA -- JSW GROUP - INVESTMENT IN KARNATAKA SPANNING STEEL, ENERGY, INFRASTRUCTURE, CEMENT, AND PAINTS - RTRS

VEDANTA: CO APPROVED NCDS ISSUE UP TO 30B RUPEES

NATIONAL ALLUMINIUM: CO’S THRUST IS ON EARLY COMPLETION OF EXPANSION ACTIVITIES INCLUDING 5TH STREAM EXPANSION OF REFINERY, OPERATIONALIZATION OF POTTANGI MINES, BROWNFIELD EXPANSION OF SMELTER PLANT AND PLANNED CPP EXPANSION - INVESTOR PRESENTATION

NATIONAL ALUMINIUM: CO DECLARED 2ND INTERIM DIVIDEND OF RS 4 PER SHARE

NATIONAL ALUMINIUM CO: Q3 EBITDA 23.28B RUPEES VS 7.73B (YOY) -- Q3 EBITDA MARGIN 49.94% VS 23.10% (YOY)

NATIONAL ALUMINIUM CO: Q3 CONS NET PROFIT 15.66B RUPEES VS 4.71B (YOY) -- Q3 REVENUE 46.6B RUPEES VS 33.47B (YOY)

JSW STEEL: EXPECTS GOVT CAPEX AND INFRA RECOVERY TO AID GROWTH IN Q4

JSW STEEL: CO CONSOLIDATED CRUDE STEEL PRODUCTION AT 25.18 LAKH TONNES FOR JANUARY 25

VEDANTA: BOARD MEETING ON FEB 11 TO CONSIDER THE PROPOSAL FOR ISSUANCE OF NON-CONVERTIBLE DEBENTURES ON A PRIVATE PLACEMENT BASIS

SAIL: CO TO CONSIDER Q3 RESULT ON FEB.11

NMDC: Q3 EBITDA 25.1B RUPEES VS 20.30B (YOY) -- Q3 EBITDA MARGIN 38.43% VS 37.52% (YOY)

NMDC: Q3 REVENUE 65.3B RUPEES VS 54.09B (YOY)

NMDC: Q3 SL NET PROFIT 19.4B RUPEES VS 14.93B (YOY)

JINDAL STEEL & POWER: GOVT SELECTS CO, 2 OTHERS FOR FINANCIAL INCENTIVE SCHEME - NEWSPAPER

VEDANTA: S&P SAYS STABLE OUTLOOK REFLECTS EXPECTATION THAT VEDANTA RESOURCES OPERATING PERFORMANCE WILL SUPPORT GENERATION OF DIVIDENDS AND BRAND FEES -- S&P ON VEDANTA RESOURCES: REFINANCING OF 2026 BONDS TO SIGNIFICANTLY REDUCE LIQUIDITY PRESSURE, MINIMIZE REFINANCING RISK

VEDANTA: S&P - VEDANTA RESOURCES UPGRADED TO B+ ON EASING REFINANCING RISK; REMOVED FROM CREDITWATCH; OUTLOOK STABLE

NMDC: BUSINESS UPDATE - JANUARY PRODUCTION AT 5.1 MT VS 4.54 MT (YOY) -- JANUARY SALES AT 4.48 MT VS 4.56 MT (YOY)

HINDUSTAN ZINC: CO CEO SAYS MINING REFORMS INTRODUCED IN BUDGET POSITION INDIA AS KEY PLAYER IN CRITICAL MINERALS SECTOR

NATIONAL ALUMINIUM: CO TO CONSIDER Q3 RESULT ON FEB.10

VEDANTA: CO SAYS SUCCESSFUL PRODUCTION OF 1ST SLAB FROM ROLLED PRODUCTS DEBOTTLENECKING AT BALCO -- CO SAYS INCREASE PRODUCTION CAPACITY OF ROLLED PRODUCTS FROM 50 KTPA TO 100 KTPA

VEDANTA: Q3 EBITDA 111B RUPEES VS 85B (YOY) -- Q3 EBITDA MARGIN 28.82% VS 24.40% (YOY)

VEDANTA: Q3 REVENUE 385B RUPEES VS 349.68B (YOY)

VEDANTA: Q3 CONS NET PROFIT 35.5B RUPEES VS 20.13B (YOY)

JSW STEEL: CO UNIT JSQUARE COMPLETES ACQUISITION OF 100% EQUITY SHARES OF TKES INDIA -- CO SAYS COMBINED PURCHASE CONSIDERATION FOR TRANSACTIONS IS 41.59B RUPEES

JINDAL STEEL: CO EXEC SAYS EXPECT STEEL PRICES TO INCREASE GOING FORWARD -- CO EXEC SAYS GOVT INFRA SPENDING IMPROVED IN ONGOING QTR -- CO EXEC SAYS SEE 100-200 RUPEES/TON REDUCTION IN IRON ORE COSTS IN Q4

JINDAL STEEL: CO APPOINTED MAYANK GUPTA AS CFO

NMDC STEEL: CO TO CONSIDER Q3 RESULT ON FEB.6

JINDAL STEEL & POWER: Q3 EBITDA 21.84B RUPEES VS 28.43B (YOY) -- Q3 EBITDA MARGIN 18.59% VS 24.30% (YOY)

JINDAL STEEL & POWER: Q3 CONS NET PROFIT 9.5B RUPEES VS 19.28B (YOY); 8.6B (QOQ) -- Q3 REVENUE 117.5B RUPEES VS 117B (YOY)

NMDC: CO TO CONSIDER Q3 RESULT ON FEB.6

JINDAL STAINLESS: CO EXEC SAYS CONSIDERING TO TAKE A RELOOK AT FRESH CAPEX PLANS FOR FUTURE EXPANSION -- CO EXEC SAYS NOT PURSUING EXPORTS IN RUSSIA ANYMORE

JINDAL STAINLESS: CO EXEC SAYS STRATEGY IS TO PRIORITISE DOMESTIC MARKET -- CO EXEC SAYS LOWERS FY25 SALES VOLUME GROWTH OUTLOOK TO 10% FROM 15% Y/Y

JINDAL STAINLESS: CO EXEC SAYS STEEL DUMPING FROM CHINA, VIETNAM KEPT PRICES UNDER TREMENDOUS PRESSURE -- CO EXEC SAYS ON THE EXPORTS FRONT, IT IS A WAIT-AND-WATCH SITUATION WITH TRUMP BACK IN POWER

JINDAL STAINLESS: CO HAS APPROVED PAYMENT OF INTERIM DIVIDEND OF 1 RUPEE PER EQUITY SHARE

JINDAL STAINLESS: Q3 EBITDA 12.08B RUPEES VS 12.46B (YOY) -- Q3 EBITDA MARGIN 12.19% VS 13.65% (YOY)

JINDAL STAINLESS: Q3 REVENUE 99.1B RUPEES VS 91.27B (YOY)

JINDAL STAINLESS: Q3 CONS NET PROFIT 6.55B RUPEES VS 6.9B (YOY); 6.11B (QOQ)

NMDC: CABINET APPROVES 180B RUPEES FOR CRITICAL MINERAL MISSION - NDTV PROFIT

NMDC: CO PLANS TO SPEND RS 70,000 CRORE ON CAPITAL EXPENDITURE IN 5 YEARS - ET

JSW STEEL: CO SAYS EXTENDED LONG STOP DATE FOR ACQUISITION OF 92.19% STAKE OF MINAS DE REVUBOE -- CO SAYS EXTENDED LONG STOP DATE FROM JANUARY 31, 2025 TO JUNE 30, 2025

VEDANTA: CO INKS MEMORANDUM OF UNDERSTANDING WORTH 1 TRLN RUPEES WITH ODISHA GOVT - RTRS

HINDUSTAN ZINC: GLOBAL REFINED ZINC MARKET BALANCE TO REMAIN IN DEFICIT IN CY 2025

HINDUSTAN ZINC: Q3 EBITDA 44.6B RUPEES VS 35.2B (YOY) -- Q3 EBITDA MARGIN 54% VS 49.81% (YOY)

HINDUSTAN ZINC: Q3 REVENUE 83.15B RUPEES VS 70.7B (YOY)

HINDUSTAN ZINC: Q3 SL NET PROFIT 26.8B RUPEES VS 20.3B (YOY)

COAL INDIA: MOU BETWEEN CO AND CURTIN UNIVERSITY, WESTERN AUSTRALIA

TATA STEEL: CO SAYS OUR GROWTH PLANS IN KALINGANAGAR ARE ON COURSE

TATA STEEL: Q3 EBITDA 59B RUPEES VS 62.6B (YOY); EST 47B -- Q3 EBITDA MARGIN 11% VS 11.30% (YOY); EST 8.9%

TATA STEEL: Q3 CONS NET PROFIT 2.95B RUPEES VS 5.22B (YOY); EST LOSS 5.5B -- Q3 REVENUE 536.5B RUPEES VS 553.12B (YOY); EST 525.5B

VEDANTA: CO TO CONSIDER Q3 RESULT ON JAN.31

COAL INDIA: CO HAS DECLARED SECOND INTERIM DIVIDEND OF 5.60 RUPEES PER EQUITY SHARE

COAL INDIA: Q3 EBITDA 123.88B RUPEES VS 132.56B (YOY) -- Q3 EBITDA MARGIN 34.62% VS 36.67% (YOY)

COAL INDIA: Q3 REVENUE 357.8B RUPEES VS 361.54B (YOY)

COAL INDIA: Q3 CONS NET PROFIT 85.06B RUPEES VS 102.5B (YOY); 62.9B (QOQ)

JSW STEEL: CO EXEC SAYS EXPECT BETTER PERFORMANCE IN U.S. IN Q4 ON HIGHER PRICES -- SAYS SEE PRICES OF COKING COAL TO REMAIN SUBDUED IN FORESEEABLE FUTURE

JSW STEEL: CO EXEC SAYS EXPECT LOWER CHINESE STEEL IMPORTS IN Q4, EXPECT THAT TO SUPPORT PRICES -- SAYS EXPECT TO ACHIEVE 98% OF OUR VOLUME GUIDANCE OF 28.4 MT FOR FY25 -- SAYS LOWER IMPORTS WILL SUPPORT OVERALL PRICING IN COMING QTRS

JSW STEEL: CO EXEC SAYS STARTED Q3 WITH PRICE HIKES IN OCT, BUT UNFORTUNATELY THAT DID NOT SUSTAIN -- SAYS CONTINUE TO MONITOR CHINESE STEEL IMPORTS -- SAYS ON CHINESE STEEL IMPORTS, HOPEFUL OF POSITIVE GOVT ACTION

JSW STEEL: CO SAYS CONSOLIDATED CAPEX SPEND DURING Q3FY25 WAS 30.87B RUPEES -- CO EXEC SAYS ON TRACK TO COMMISSION THREE NEW MINES, ONE IN Q4 AND TWO IN Q1 OF NEXT FISCAL

JSW STEEL: CONS CAPEX SPEND DURING Q3FY25 WAS 30.87 BLN RUPEES

JSW STEEL: CO HAS AN EXCEPTIONAL ITEM OF 1.03B RUPEES -- CO HAS DEFERRED TAX OF 3.10B RUPEES -- Q3 PBT 12.8B RUPEES VS 33.03B (YOY)

JSW STEEL: Q3 EBITDA 55.79B RUPEES VS 71.8B (YOY); EST 51.2B -- Q3 EBITDA MARGIN 13.48% VS 17.12% (YOY); EST 12.6%

JSW STEEL: Q3 CONS NET PROFIT 7.17B RUPEES VS 24.5B (YOY); EST 5.7B -- Q3 REVENUE 414B RUPEES VS 420B (YOY); EST 405B

HINDALCO INDUSTRIES LTD.: RS. 62.11 CRORES NSE BLOCK TRADE; FOR ~ 1,017,506 SHARES, AT RS. 610.45

VEDANTA: KARNATAKA GOVERNOR RETURNS KARNATAKA MINERAL RIGHTS TAX BILL 2024 - CNBC TV18

NMDC: KARNATAKA GOVERNOR RETURNS KARNATAKA MINERAL RIGHTS TAX BILL 2024 - CNBC TV18

JINDAL STAINLESS: CO TO CONSIDER Q3 RESULT ON JAN.29

HIND ZINC: CO TO CONSIDER Q3 RESULT ON JAN.28

JSW STEEL: JSW GROUP SIGNS MOU WITH GOVT OF MAHARASHTRA FOR 3T RUPEES INVESTMENT IN THE STATE -- JSW GROUP - MOU TO INVEST IN STEEL, RENEWABLE ENERGY, CEMENT, BATTERY MANUFACTURING, EV IN MAHARASHTRA

COAL INDIA LTD.: RS. 464.47 CRORES NSE BLOCK TRADE; FOR ~ 12,095,517 SHARES, AT RS. 384.00

APL APOLLO TUBES: Q3 EBITDA 3.45B RUPEES VS 2.79B (YOY) -- Q3 EBITDA MARGIN 6.35% VS 6.68% (YOY)

APL APOLLO TUBES: Q3 REVENUE 54.3B RUPEES VS 41.8B (YOY)

APL APOLLO TUBES: Q3 CONS NET PROFIT 2.17B RUPEES VS 1.65B (YOY)

HINDALCO: CO BEEN SELECTED UNDER PLI SCHEME FOR WHITE GOODS (ACS AND LED LIGHTS) WITH COMMITTED INVESTMENT OF RS. 360 CR

VEDANTA: COS SHAREHOLDING MEET WILL BE HELD ON FEB 18 FOR THE ANNOUNCEMENT OF THE DEMERGER

JSW STEEL: COAL SCAM - DELHI COURT DISCHARGES JSW STEEL LTD IN CORRUPTION CASE - MONEYCONTROL

APL APOLLO TUBES: CO TO CONSIDER Q3 RESULT ON JAN.20

VEDANTA: CO PROMOTER OFFER TO BUY BACK ALL OUTSTANDING 2028 BONDS

VEDANTA: MOODYS RATINGS UPGRADES VEDANTA RESOURCES CFR TO B1 AND BONDS TO B2; OUTLOOK STABLE

VEDANTA: CO RESOURCES LOOKING TO UPSIZE DEAL, IN ADVANCE DISCUSSION WITH OTHER BANKS FOR ADDITIONAL $200 M

VEDANTA: CO RESOURCES SECURES $300 MILLION FINANCING FROM LEADING GLOBAL BANKS -- PROCEEDS WILL BE USED FOR REFINANCING OUTSTANDING 2024 BONDS I, 2026 BONDS - RTRS

JSW STEEL: CO REPORTS HIGHEST EVER QUARTERLY CONSOLIDATED CRUDE STEEL PRODUCTION OF 7.03 MILLION TONNES FOR Q3 FY25

TATA STEEL: STEEL SEC SAYS STEEL PRICES ARE STILL UNDER PRESSURE -- INTERNATIONAL OUTLOOK FOR STEEL INDUSTRY NOT GOOD IN TERMS OF DEMAND AND PRICE - ET NOW

TATA STEEL: STEEL SEC TO ET NOW SAY STEEL PRICES ARE STILL UNDER PRESSURE WHICH IS AFFECTING THE INDUSTRY - ET NOW

NMDC LTD: IRON ORE PRICES REVISED W.E.F. 9TH JAN 2025 – BAILA LUMP: RUPEES 6,000/TON, BAILA FINES: RUPEES 5,060/TON

NMDC: CO ANNOUNCES IN-PRINCIPLE APPROVAL FOR NEW INITIATIVES -- INCORPORATION OF A WHOLLY-OWNED SUBSIDIARY OF NMDC AT GIFT CITY, GUJARAT, AND THE OPENING OF NMDC LIAISON OFFICES IN DUBAI, UAE, AND BRISBANE/MELBOURNE, AUSTRALIA

HINDALCO INDUSTRIES: CO SAYS NOVELIS CORPORATION TO OFFER $500M SENIOR UNSECURED NOTES DUE 2030

NATIONAL ALUMINIUM: CO SAYS BRIJENDRA PRATAP SINGH TAKES OVER AS CMD OF NALCO

TATA STEEL: CO SAYS IN 3QFY2025, TATA STEEL INDIA CRUDE STEEL PRODUCTION STOOD AT 5.68M TONS -- TATA STEEL INDIA DELIVERIES IN Q3 SALES AT 5.29M TONS

COAL INDIA: CO AND IREL (INDIA) LTD, A PUBLIC SECTOR UNDERTAKING UNDER THE DEPARTMENT OF ATOMIC ENERGY, GOI HAVE EXECUTED A NON-BINDING MEMORANDUM OF UNDERSTANDING (MOU) TO COOPERATE AND COLLABORATE FOR DEVELOPMENT (MINING/ EXTRACTION/ REFINING ETC.) OF MUTUALLY AGREED ASSETS OF CRITICAL MINERAL

NMDC: INDIA STEEL MINISTRY PROPOSES KIOCL, NMDC MERGER -- NMDC AIMS TO EXPORT IRON ORE PELLETS FROM KIOCL AFTER PROPOSED MERGER - GOVT SOURCE - RTRS

COAL INDIA LTD: Rs. 33.01 Crores NSE Block Trade; for ~ 865041 Shares, at Rs. 381.55

TATA STEEL: TOTAL OUTLAY FOR THE NEW STEEL PLI SCHEME IS APPROXIMATELY AT RUPEES 4300CR - CNBC TV18

VEDANTA: POWER - Q3 POWER SALES DOWN 21%(YOY) -- Q3 BALCO POWER SALES UP 2%(YOY) AND 33%(QOQ)

VEDANTA: COPPER INDIA - Q3 CATHODES PRODUCTION INCREASED BY 9%(QOQ)

VEDANTA: FACOR - Q3 ORE PRODUCTION UP 77%(QOQ) -- 9 MONTH FERRO CHROME PRODUCTION UP 35%(YOY)

VEDANTA: STEEL - Q3 TOTAL SALEABLE PRODUCTION UP 11%(QOQ)

VEDANTA: IRON ORE - PIG IRON PRODUCTION IS UP 7%(YOY) AND 14%(QOQ)

VEDANTA: OIL & GAS - GROSS OPERATED PRODUCTION IS 99.4 KBOEPD IN Q3 FY25 -- OALP CONTRIBUTION IS 4.0 KBOEPD IN Q3 FY25

VEDANTA: ZINC INTERNATIONAL TOTAL MINED METAL PRODUCTION JUMPS 12%(YOY) -- GAMSBERG Q3 PRODUCTION JUMPS 21%(YOY)

VEDANTA: Q3 MINE METAL PRODUCTION UP 3%(QOQ) -- Q3 REFINED ZINC PRODUCTION UP 3%(QOQ)

VEDANTA: ALUMINA PRODUCTION FOR THE INITIAL 9 MONTHS JUMPS 16%(YOY) -- GAMSBERG Q3 PRODUCTION JUMPS 21%(YOY)

HINDALCO: ANTI-DUMPING INVESTIGATION CONCERNING IMPORTS OF “ALUMINIUM FOIL UPTO 80 MICRONS, EXCLUDING ALUMINIUM FOIL BELOW 5.5 MICRON FOR NON-CAPACITOR APPLICATION” ORIGINATING IN OR EXPORTED FROM CHINA PR

HINDUSTAN ZINC: MINE METAL PRODUCTION IN Q3 AT 265KT -- WIND POWER GENERATION FOR 3QFY25 WAS 47 MU

NMDC: TOTAL DECEMBER 2024 PRODUCTION 4.71 MT VS 4.48 MT (YOY) -- TOTAL DECEMBER 2024 SALES 3.91 MT VS 4.19 MT (YOY)

APL APOLLO TUBES: CO REGISTERED THE HIGHEST EVER SALES VOLUME OF 828,200 TON VS 603,659 TON (YOY)

COAL INDIA: DECEMBER COAL PRODUCTION SEEN AT 72.4MT VS 71.9 MT (YOY)

HINDALCO INDUSTRIES: PROJECT TO CREATE APPROXIMATELY 16,000 DIRECT AND INDIRECT JOBS -- EXPECTS COAL PRODUCTION TO COMMENCE IN CY2028

HINDALCO INDUSTRIES: CO SECURES MEENAKSHI COAL MINE ALLOCATION IN ODISHA -- MEENAKSHI COAL MINE HAS PRC OF 12 MLN TONNES PER ANNUM

COAL INDIA: TODAY AT 3PM NIFTY QUARTERLY REJIG STOCK TO SEE OUTFLOWS OF $16 MN (RS 1.3B)

TATA STEELS: CO FACES A €27M FINE FOR ENVIRONMENTAL VIOLATIONS IMPOSED BY THE NETHERLANDS GOVERNMENT ON ITS OPERATIONS AT IJMUIDEN - MC

TATA STEEL: LAST WEEK CO NETHERLANDS SUBMITTED A DRAFT ENVIRONMENTAL IMPACT ASSESSMENT (EIA) TO LOCAL AUTHORITIES, DESCRIBING IT AS THE "NEXT STEP" IN ITS GREEN STEEL INITIATIVE - MONEYCONTROL

TATA STEEL: CO HAS LONG BEEN AWARE OF THE POTENTIAL RAMIFICATIONS OF THE ALLEGED VIOLATIONS, BUT ANALYSTS SUGGEST IT HAS FAILED TO TAKE REMEDIAL ACTION - MC

TATA STEEL: CO SHAREHOLDERS MAY SEE FURTHER PAIN AS POSSIBLE $5-BILLION EXPENSE LOOMS IN NETHERLANDS -* MC

HINDALCO: INDIA COAL MINISTRY ISSUES VESTING ORDER FOR MEENAKSHI COAL MINE - PIB (SPELL CHECK)

HINDALCO: THE MEENAKSHI COAL MINE IS EXPECTED TO GENERATE AN ANNUAL REVENUE OF RUPEES 1,152.84CR, BASED ON ITS PEAK RATED CAPACITY (PRC). WITH AN ESTIMATED CAPITAL INVESTMENT OF RUPEES 1,800CR - PIB

HINDALCO: INDIA COAL MINE ISSUES VESTING ORDER FOR MEENAKSHI COAL MINE - PIB

COAL INDIA: SAYS MAY MISS PRODUCTION TARGET FOR FY25 BY 3.0-3.5% -- SEE FY25 COAL OUTPUT 810 MLN TN VS 838-MLN-TN TARGET -- POOR DEMAND, HIGH STOCKS AT MINES IMPACTING OUTPUT - CNBC TV18

NMDC: INDIA RATINGS DOWNGRADES OUTLOOK REVISED TO NEGATIVE FROM STABLE; SHORT-TERM RATING DOWNGRADED RATINGS DOWNGRADES COMING IN FOR PSU MINER

HINDALCO: KOTAK INSTITUTIONAL EQUITY SAYS CUT EPS BY 2% FOR FY2026/27E FACTORING LOWER MARGINS FOR NOVELIS -- REDUCE FAIR VALUE TO 665

JSW STEEL: JSW WINS BID TO BUY TWO HINDUSTAN COPPER MINES IN INDIA - MINT

COAL INDIA: BPCL AND CO MAY PUT RUPEES 12,000 CR INTO COAL GASIFICATION JV -- CO WILL HOLD 51% IN THE PROPOSED JV, WHILE BPCL WILL HOLD 49%, SAID THE SOURCES CITED ABOVE - ET (CORRECTION)

COAL INDIA: BPCL AMD CO MAY PUT RUPEES 12,000 CR INTO COAL GASIFICATION JV -- CO WILL HOLD 51% IN THE PROPOSED JV, WHILE BPCL WILL HOLD 49%, SAID THE SOURCES CITED ABOVE - ET

NATIONAL ALUMINIUM: CO SIGNS MINING LEASE DEED FOR UTKAL-D AND UTKAL-E COAL BLOCK -- COAL PRODUCTION CAPACITY TO INCREASE TO 4.0 MTPA

HINDALCO: CO TO CONSIDER Q3 RESULT ON FEB.13

VEDANTA: CO IS MAJOR IRON ORE PRODUCERS IN KARNATAKA - CNBC TV18 (CORRECTION)

VEDANTA: SOURCES MAJOR QUANTITIES OF IRON ORE FROM NMDC - CNBC TV18

JSW STEEL: SOURCES MAJOR QUANTITIES OF IRON ORE FROM NMDC - CNBC TV18

NMDC: MINERAL TAX ACT PROPOSED BEING LEVIED ON MINERS IN RETROSPECTIVE MANNER - CNBC TV18

JSW STEEL: MINERAL TAX ACT PROPOSED BEING LEVIED ON MINERS IN RETROSPECTIVE MANNER - CNBC TV18

VEDANTA: MINERAL TAX ACT PROPOSED BEING LEVIED ON MINERS IN RETROSPECTIVE MANNER - CNBC TV18

JINDAL STEEL AND POWER: THE INDIAN STEEL ASSOCIATION HAS FILED FOR A SAFEGUARD INVESTIGATION AND POTENTIAL SAFEGUARD DUTY ON IMPORTS OF "NON-ALLOY AND ALLOY STEEL FLAT PRODUCTS" DUE TO A SHARP INCREASE IN IMPORTS CAUSING SERIOUS INJURY TO DOMESTIC INDUSTRY

JSW STEEL: THE INDIAN STEEL ASSOCIATION HAS FILED FOR A SAFEGUARD INVESTIGATION AND POTENTIAL SAFEGUARD DUTY ON IMPORTS OF "NON-ALLOY AND ALLOY STEEL FLAT PRODUCTS" DUE TO A SHARP INCREASE IN IMPORTS CAUSING SERIOUS INJURY TO DOMESTIC INDUSTRY

STEEL AUTHORITY OF INDIA: THE INDIAN STEEL ASSOCIATION HAS FILED FOR A SAFEGUARD INVESTIGATION AND POTENTIAL SAFEGUARD DUTY ON IMPORTS OF "NON-ALLOY AND ALLOY STEEL FLAT PRODUCTS" DUE TO A SHARP INCREASE IN IMPORTS CAUSING SERIOUS INJURY TO DOMESTIC INDUSTRY

JSW STEEL: TODAY AT 3PM SENSEX EXCLUSION STOCK TO SEE OUTFLOWS OF $252 MN (RS20.92B)

VEDANTA: KARNATAKA GOVERNMENT HAS PROPOSED A BILL TO LEVY TAX ON VARIOUS MINERALS INCLUDING IRON ORE. IF THE BILL IS PASSED, IT WILL HURT BOTH MINERS/CONSUMERS -- THE BILL SHALL AFFECT VEDANTA AND NMDC THE MOST IN KARNATAKA MINES

JSW STEEL: CO CARETTA MINERALS MERGED WITH PLANCK HOLDINGS

JSW STEEL: CO ANNOUNCES RESTRUCTURING OF USA SUBSIDIARIES -- CO PUREST ENERGY MERGED WITH PERIAMA HOLDINGS

SAIL: DGTR TO INITIATE ACTION ON INDUSTRY REQUEST SEEKING 25% SAFEGUARD DUTY, STEEL INDUSTRY HAS SUBMITTED A REPRESENTATION TO DGTR FOR 25% SAFEGUARD DUTY - CNBCTV18

JSW STEEL: DGTR TO INITIATE ACTION ON INDUSTRY REQUEST SEEKING 25% SAFEGUARD DUTY, STEEL INDUSTRY HAS SUBMITTED A REPRESENTATION TO DGTR FOR 25% SAFEGUARD DUTY - CNBCTV18

TATA STEEL: DGTR TO INITIATE ACTION ON INDUSTRY REQUEST SEEKING 25% SAFEGUARD DUTY, STEEL INDUSTRY HAS SUBMITTED A REPRESENTATION TO DGTR FOR 25% SAFEGUARD DUTY - CNBCTV18

NMDC: INCRED SAYS 10% INCREASE IN DUTY WILL IMPACT EBITDA BY RUPEES 100 TONNE

SAIL: GOVT SAYS SYMPATHETIC TO CONCERNS OF THE DOMESTIC STEEL INDUSTRY - CNBC TV18

JINDAL STEEL & POWER: GOVT IS SYMPATHATIC WITH THE CONCERN OF DOMESTIC STEEL FACILITY

JSW STEEL: GOVT SAYS SYMPATHETIC TO CONCERNS OF THE DOMESTIC STEEL INDUSTRY - CNBC TV18

JSW STEEL: MORE THAN 70% IRON ORE FOR JSW STEEL COMES FROM KARNATAKA

JSW STEEL: KARNATAKA GOVT TO HIKE DUTY ON IRON ORE - SOURCES TO CNBC TV18

NMDC: DRAFT TO INCREASE DUTY ON IRON ORE HAS LIKELY BEEN CIRCULATED - CNBC TV18

NMDC: KARNATAKA GOVT TO MAY BE LOOK TO MOP UP NEAR RUPEES 10,000 CR FROM IRON ORE DUTY THIS YEAR - CNBC TV18

NMDC: KARNATAKA GOVT MAY BE LOOKING TO INCREASE DUTY ON IRON ORE - CNBC TV18

VEDANTA: CO BOARD HAS APPROVED FOURTH INTERIM DIVIDEND AT 8.5 RUPEES/SHR -- FOURTH INTERIM DIVIDEND AMOUNTING TO 33.24B RUPEES

JSW STEEL: SC ORDERS ED TO HANDOVER BHUSHAN POWER & STEEL PROPERTIES WORTH RUPEES 4,025 CR TO CO - ET

JSW STEEL: PROCESS IS ON FOR CONSIDERING OF IMPOSING IMPORT DUTY ON STEEL

SAIL: INDIA STEEL MINISTER SAYS PROCESS IS ON FOR CONSIDERATION OF IMPOSING IMPORT DUTY ON STEEL

TATA STEEL: PROCESS IS ON FOR CONSIDERATION OF IMPOSING IMPORT DUTY ON STEEL

HINDALCO: GOVT MAY CONSIDER ADDRESSING INVERTED DUTY STRUCTURE FOR CERTAIN ALUMINIUM GOODS IN BUDGET - ET

JSW STEEL: JSW GROUP EXPLORES EXPANSION INTO COPPER, ALUMINIUM - MINT

VEDANTA: CO TO CONSIDER AND APPROVE THE FOURTH INTERIM DIVIDEND ON EQUITY SHARES ON DEC.16

JSW STEEL: CO REPORTS CONSOLIDATED CRUDE STEEL PRODUCTION OF 23.23 LAKH TONNES FOR NOVEMBER’24; GREW BY 5% (YOY) -- INDIAN OPERATION PRODUCTION WAS HIGHER BY 7% (YOY)

VEDANTA: CO GROUP PLANS TO INVEST 1 TRILLION RUPEES IN RAJASTHAN

JINDAL STAINLESS: P&G INCREASINGLY RELYING ON STAINLESS STEEL FROM INDIA FOR GILLETTE RAZOR BLADES-DATA - RTRS

COAL INDIA: CO AND BPCL SIGNED A NON-BINDING MOU TO EXPLORE ESTABLISHING A COAL-TO-SYNTHETIC NATURAL GAS PROJECT VIA SURFACE COAL GASIFICATION AT WCL.

NMDC: CO SAYS NOVEMBER IRON ORE SALES 4.00 MT VS 3.79 MT (YOY) -- NOV TOTAL IRON ORE PRODUCTION 4.51 MT VS 3.83 MT (YOY)

COAL INDIA: CO SAYS NOV COAL PRODUCTION UP 1.7% (YOY) -- NOV OFFTAKE AT 63 MLN TN, GROWTH 0.03%

JSW STEEL: INDIAN STEELMAKER JSW GROUP TO LAUNCH ITS OWN EV BRAND - FT

COAL INDIA: CO SAYS REVISION OF ADD-ON PRICE OF COAL WITH RESPECT TO RAJMAHAL AREA OF EASTERN COALFIELDS -- EASTERN COALFIELDS TO EARN ADDITIONAL 3B RUPEES PER ANNUM -- APPROVES REVISION OF ADD-ON PRICE OF UNIT TO 700 RUPEES PER TONNE

VEDANTA: MOODYS RATINGS UPGRADES VEDANTA RESOURCES CFR TO B2 AND BONDS TO B3; OUTLOOK STABLE

NMDC: IRON ORE PRICE RISES TO ONE MONTH HIGH IN A SINGAPORE

VEDANTA: CO DEALS WITH SAUDI ARABIA FOR COPPER SMELTING, REFINING, AND ROD PRODUCTION FACILITIES WITH VEDANTA - RTRS (CORRECTION)

VEDANTA: CO DEALS INCLUDE COPPER SMELTING, REFINING, AND ROD PRODUCTION FACILITIES WITH VEDANTA - RTRS

VEDANTA: SHARES NOW UP 1.00%; GLOBAL ZINC PRICES INCREASED DUE TO A SIGNIFICANT RISE IN ORDERS FOR LME INVENTORY, MARKING THE LARGEST SURGE SINCE 2015

The London Metal Exchange (LME) experienced a significant increase in canceled zinc warrants, totaling 47,800 tons, marking the largest jump since 2015.

JSW STEEL: CO AND SAIL IN TALKS WITH MONGOLIA FOR TWO COKING COAL SHIPMENTS

SAIL: CO IN TALKS WITH MONGOLIA FOR TWO COKING COAL SHIPMENTS - RTRS

APL APOLLO TUBES LTD: Rs. 22.92 Crores NSE Block Trade; for ~ 152880 Shares, at Rs. 1499.50

HINDALCO: RUSAL TO CUT ALUMINUM OUTPUT BY 6%

APL APOLLO TUBES LTD: Rs. 29.36 Crores NSE Block Trade; for ~ 201140 Shares, at Rs. 1459.65

VEDANTA: CO HAS DECIDED TO PAUSE ITS BOND SALE PLANS IN LIGHT OF THE RECENT MARKET VOLATILITY ASSOCIATED WITH THE ADANI GROUP

TATA STEEL LTD: Rs. 15.79 Crores NSE Block Trade; for ~ 1119498 Shares, at Rs. 141.02

HINDALCO INDUSTRIES LTD: RS. 72.30 CRORES NSE BLOCK TRADE; FOR ~ 1111133 SHARES, AT RS. 650.70

JSW STEEL: JSW GROUP CHAIRMAN SAYS EXPECT INDIA MARKETS REGULATOR NOD FOR JSW CEMENT IPO BY END OF JAN 2025 -- SAYS DISCUSSING WITH OTHER COUNTRIES FOR TRANSFER OF NEW ENERGY VEHICLES TECHNOLOGY -- SAYS NO PLANS TO ENTER ELECTRIC TWO WHEELER SEGMENT

JSW STEEL: JSW GROUP CHAIRMAN SAYS JSW STEEL LOOKING AT AUSTRALIA, MONGOLIA, MOZAMBIQUE, RUSSIA TO MEET COKING COAL NEEDS -- SAYS STEEL, FINANCE MINISTRIES STUDYING REQUEST FOR TEMPORARY TAX ON CHINA STEEL DUMPING FAVORABLY

JSW STEEL: JSW GROUP CHAIRMAN SAYS GOING FORWARD WONT LEAVE MUCH SURPLUS TO REINVEST,EXPAND CAPACITY -- SAYS JSW GROUP WILL BE KEEN TOWARDS ANY OPPORTUNITIES IF GOVT DECIDES TO PURSUE DISINVESTMENT IN STATE-OWNED STEEL COMPANIES

JSW STEEL: JSW GROUP CHAIRMAN SAJJAN JINDAL - INDIAN STEEL INDUSTRY ASKING GOVT TO STOP CHINESE STEEL COMING TO INDIA VIA COUNTRIES LIKE VIETNAM, MALAYSIA -- SAYS GOING FORWARD STEEL MARGINS WILL BE THIN DUE TO IMPORTS, PRICES

JSW STEEL: JSW STEEL ITALY SRL SIGNS COMMERCIAL AGREEMENT WITH METINVEST ADRIA -- PER AGREEMENT, METINVEST TO PAY A RELEASE FEE OF 30M EUROS TO JSW STEEL ITALY

JSW STEEL: CO SAYS DECLARATION AS A "PREFERRED BIDDER" FOR CODLI MINERAL BLOCK-XII, DHARBANDORA -- PROJECTED IRON ORE RESOURCES IS 48.5M TONNE

NMDC: SHARP RECOVERY IN SGX IRON ORE UP 3% FROM LOWS- CNBCTV18

SAIL: CO CHAIRMAN SAYS WE ARE REQUESTING GOVT TO CONSIDER MEASURES AGAINST STEEL IMPORTS

NATIONAL ALUMINIUM CO LTD: Rs. 23.52 Crores NSE Block Trade; for ~ 974096 Shares, at Rs. 241.43

HINDUSTAN ZINC: CO DECLARED AS PREFERRED BIDDER FOR DUGOCHA GOLD & ASSOCIATED MINERALIZATION BLOCK

NATIONAL ALUMINIUM CO: CO HAS DECLARED INTERIM DIVIDEND OF 4 PER EQUITY SHARE

NATIONAL ALUMINIUM CO: Q2 EBITDA 15.5B RUPEES VS 3.96B (YOY) -- Q2 EBITDA MARGIN 38.71% VS 13.04% (YOY)

NATIONAL ALUMINIUM CO: Q2 REVENUE 40B RUPEES VS 30.4B (YOY)

NATIONAL ALUMINIUM CO: Q2 CONS NET PROFIT 10.4B RUPEES VS 1.87B (YOY); 5.9B (QOQ)

HINDALCO: NEXT YEARS GUIDANCE IS EXPECTED TO BE AROUND RS 7,000 CR TO RS 8,000 CR, WITH THIS YEARS GUIDANCE BEING AROUND RS 6,000 CR -- CO REAFFIRMED ITS CURRENT YEAR GUIDANCE OF RS 6,000 CR - CONCALL UPDATE

HINDALCO: CO IS STICKING TO ITS GUIDANCE OF AROUND RUPEES 650 CRORES FOR Q3 AND Q4, THE COST OF GOODS SOLD (COGS) IS EXPECTED TO INCREASE BY 1% TO 1.5% IN Q3 DUE TO RISING COAL SPOT PREMIUMS -- COS GUIDANCE GOING FORWARD IS AROUND RUPEES 650 CR - CONCALL UPDATE

HINDALCO: CO TARGETS TO ACHIEVE 300 MEGAWATTS OF RENEWABLE CAPACITY BY H1 OF CALENDAR YEAR 25 -- CO HAS LONG-TERM GUIDANCE, BUT WILL REVISIT AND POTENTIALLY UPDATE IT IF NEW FACTORS EMERGE - CONCALL UPDATE

VEDANTA: CO UNIT BALCO GOT TAX ORDER FOR PENALTY 1.34B RUPEES -- CO UNIT BALCO GOT TAX ORDER FOR REDEMPTION FINE OF 1B RUPEES

HINDALCO: CO EXEC SAYS IF U.S. FURTHER IMPOSES TARIFFS, CHINA MAY DIVERT SUPPLIES TO INDIA -- CO EXEC SAYS NEW ADMINISTRATION IN U.S. WILL BE GOOD FOR NOVELIS

HINDALCO: CO EXEC SAYS SCRAP IMPORTS ARE BECOMING TOUGH -- CO EXEC SAYS ALUMINUM IMPORTS FROM CHINA REMAIN A WORRY

HINDALCO: CO EXEC SAYS DOMESTIC DEMAND OF ALUMINIUM IS VERY STRONG -- SAYS SEEING A LITTLE BIT OF SLOWDOWN IN AUTO

HINDALCO: CO EXEC SAYS NOVELIS IPO WILL WAIT UNTIL MARKET CONDITIONS ARE RIGHT -- CO EXEC SAYS NEXT FEW QUARTERS FOR NOVELIS WILL BE TOUGH

HINDALCO: CO SAYS NOVELIS BAY MINETTE PROJECT REMAINS ON TRACK; EXPECTED TO BE COMPLETED BY H2 OF CY26

HINDALCO: Q2 EBITDA 27.5B RUPEES VS 17.56B (YOY); EST 24.95B -- Q2 EBITDA MARGIN 12.35% VS 8.49% (YOY); EST 11.7%

HINDALCO: Q2 SL NET PROFIT 18.9B RUPEES VS 8.47B (YOY); EST 12.5B -- Q2 REVENUE 222.6B RUPEES VS 206.8B (YOY); EST 213.5B

NMDC: CO DECLARED BONUS SHARES TO THE SHAREHOLDERS OF THE CO IN THE RATIO OF 2:1

NMDC: Q2 EBITDA 14.4B RUPEES VS 11.93B (YOY) -- Q2 EBITDA MARGIN 29.96% VS 29.72% (YOY)

NMDC: Q2 SL NET PROFIT 12.7B RUPEES VS 10.28B (YOY); 19.8B (QOQ) -- Q2 REVENUE 48.1B RUPEES VS 40.14B (YOY)

VEDANTA: VEDANTA GROUP PLANS $500 MILLION INVESTMENT IN AVANSTRATE INC. TO DRIVE INNOVATION IN HIGH-TECH DISPLAY GLASS PRODUCTS - RTRS

VEDANTA LTD: CO EXPECTS TO MEET MOST OF ITS SECOND-HALF REQUIREMENT OF USD 220M THROUGH FREE OPERATING CASH FLOWS -- CO IS ON TRACK TO COMMISSION TRAIN 2 IN Q3 FY25 WITH FULL RAMP-UP EXPECTED BY Q1 FY26 - CONCALL UPDATE

VEDANTA LTD: CO EXPECTS TO HAVE A MONTHLY EBITDA RUN RATE OF MORE THAN USD 650 MILLION AS IT CLOSES FY25 -- CO EXPECTS AN EVEN STRONGER EBITDA IN FY26, BUT WILL SHARE FURTHER GUIDANCE ON ITS FY26 OUTLOOK LATER IN THE YEAR - CONCALL UPDATE

VEDANTA LTD: CO IS CONFIDENT IN ACHIEVING 230,000 TONS OF TOTAL MIC PRODUCTION FOR THE FULL YEAR IN ITS ZINC INTERNATIONAL BUSINESS -- CO IS CONFIDENT OF ACHIEVING ITS ANNUAL PRODUCTION GUIDANCE OF 11 MILLION TONS PER ANNUM FROM THE IRON ORE BUSINESS IN FY25 - CONCALL UPDATE

SAIL: CO EXPECTS TO SPEND AROUND RS 6,000 CR ON (CAPEX) THIS YEAR, WHICH IS LOWER THAN THE INITIAL ESTIMATE OF RS 6,300 CR -- CO AIMS TO BRING DOWN SPECIFIC CO2 CONSUMPTION BY 12% TO 2.1 TONNES PER TONNE OF CRUDE STEEL BY FINANCIAL YEAR 2030-31 - CONCALL UPDATE

JSW STEEL: CO SAYS TERMINATION OF BANAI-BHALUMUDA COAL BLOCK DEVELOPMENT AND PRODUCTION AGREEMENT -- CO SAYS UPON ACQUISITION AND DETAILED FEASIBILITY STUDY, THIS MINE WAS NOT FOUND SUITABLE FROM A TECHNO-COMMERCIAL PERSPECTIVE FOR CO AND HENCE THE CO DECIDED NOT TO GO AHEAD WITH THE INVESTMENT TO DEVELOP THE COAL BLOCK

VEDANTA: CO APPROVED EXPANSION OF SMELTER CAPACITY BY 435 KTPA & ROLLED PRODUCTS BY 130 KTPA BY BALCO -- SECOND UNIT AT ATHENA POWER PLANT TO BE OPERATIONAL IN Q3 OF FY25-26 -- CO TO INVEST 118.16 BILLION RUPEES IN BALCO EXPANSION

VEDANTA : CO APPROVED 52.09B RUPEES CAPEX FOR ATHENA CHHATTISGARH POWER PLANT PROJECT -- FIRST UNIT OF ATHENA CHHATTISGARH POWER PLANT TO GO OPERATIONAL IN Q1 FY 2025-26

VEDANTA: ACQUISITION OF STERLITE IRON AND STEEL COMPANY BY SESA RESOURCES

VEDANTA: NET DEBT AT PARENT ENTITY REDUCED BY $1BN IN FIRST HALF TO REACH TO ITS LOWEST LEVEL IN A DECADE

VEDANTA: CO SAYS DEMERGER ON TRACK & IN FINAL STAGES

VEDANTA: Q2 EBITDA 98B RUPEES VS 115B (YOY) -- Q2 EBITDA MARGIN 26.1% VS 29.4% (YOY) (CORRECTION)

VEDANTA: Q2 REVENUE 376B RUPEES VS 389B (YOY)

VEDANTA: Q2 EBITDA 120.3B RUPEES VS 128B (YOY) -- Q2 EBITDA MARGIN 31.96% VS 31.94% (YOY)

VEDANTA: Q2 CONS NET PROFIT 43B RUPEES VS LOSS 17.8B (YOY)

TATA STEEL: GUIDANCE FOR INDIA IS FOR NET REALIZATIONS TO BE ABOUT RUPEES 2,000 PER TON LOWER IN Q3 COMPARED TO Q2, DUE TO LOWER STEEL PRICES AND NEW AUTO CONTRACTS. COAL PRICES ARE EXPECTED TO BE ABOUT USD 20 LOWER CONSUMPTION-WISE FOR Q3 COMPARED TO Q2 - CONCALL UPDATE

TATA STEEL: CO AIMS TO BE NEUTRAL ON EBITDA BY JUNE 2025 -- CO TARGETS TO REDUCE FIXED COSTS BY GBP100 PER TON FROM THE CURRENT LEVEL IN THE COMING QUARTERS -- CO EXPECTS TO SEE A DECLINE IN LOSSES OVER THE NEXT THREE QUARTERS - CONCALL UPDATE

SAIL: Q2 EBITDA 29.13B RUPEES VS 38.75B (YOY) -- Q2 EBITDA MARGIN 11.81% VS 13.04% (YOY)

SAIL: Q2 CONS NET PROFIT 8.97B RUPEES VS 13.05B (YOY); 818M (QOQ) -- Q2 REVENUE 247B RUPEES VS 297B (YOY)

TATA STEEL: CO CEO SAYS CHINESE STEEL IMPORTS "UNFAIRLY PRICED" -- CO CEO SAYS EXPECT FLAT STEEL PRODUCT PRICES TO BE RANGEBOUND DUE TO CHINESE SUPPLIES - RTRS

VEDANTA: CO DECLARED AS PREFERRED BIDDER FOR DEPO VANADIUM AND GRAPHITE BLOCK -- CO DECLARED AS PREFERRED BIDDER FOR SANYASIKOPPA COBALT, MANGANESE AND IRON BLOCK

HINDUSTAN ZINC : CO WON TUNGSTEN AND ASSOCIATED MINERALS BLOCK IN ANDHRA PRADESH AND A TUNGSTEN MINE IN TAMIL NADU - PTI

VEDANTA: CO GROUP HAS WON FOUR BLOCKS WHILE STATE-OWNED OIL INDIA LTD (OIL) BAGGED ONE IN THE FOURTH ROUND OF CRITICAL MINERAL BLOCKS AUCTION - PTI

VEDANTA: CO GROUP BAGS 4 CRITICAL MINERAL BLOCKS - PTI

TATA STEEL: CO EXEC SAYS SEE BREAKEVEN IN UK BUSINESS BY JUNE-QTR FY2025

JINDAL STEEL & POWER: CO IS TARGETING A NET DEBT TO EBITDA RATIO OF 1.5 TIMES, AND EXPECTS TO BE MUCH BELOW THAT -- CO HAS TAKEN A PRICE HIKE OF RS 1,000 TO RS 2,000 ACROSS PRODUCTS IN Q3 SO FAR. - CONCALL UPDATE

JINDAL STEEL & POWER: CO REAFFIRMED ITS GUIDANCE ON COKING COAL PRICES, EXPECTING A REDUCTION OF USD 20 TO USD 25 PER TON IN Q3 FY25 -- CO EXPECTS H2 TO BE BETTER THAN H1 DRIVEN BY STRONG SEASONAL DEMAND AND LOWER INPUT COST - CONCALL UPDATE

HINDALCO: CO UNIT NOVELIS Q2 PROFIT DECLINES 18% TO $128M -- NET SALES OF NOVELIS FOR THE SECOND QUARTER ROSE BY 4.5% TO $4,295M VS $4,107M (YOY)

TATA STEEL: CO SAYS Q2 PERFORMANCE IN UK, NETHERLANDS ADVERSELY IMPACTED BY COMPRESSION IN STEEL SPREADS

HINDUSTAN ZINC: INDIA GOVT TO EXERISE OVERSUBSCRIPTION OPTION IN HINDUSTAN ZINC OFFER FOR SALE -- INDIA GOVT TO SELL ADDITIONAL 0.51% STAKE IN HINDUSTAN ZINC VIA OVERSUBSCRIPTION OPTION - FILING

TATA STEEL: Q2 EBITDA 61.4B RUPEES VS 42.68B (YOY); EST 49.4B -- Q2 EBITDA MARGIN 11.39% VS 7.66% (YOY); EST 9.3%

TATA STEEL: Q2 CONS NET PROFIT 8.3B RUPEES VS LOSS 61.96B (YOY); EST LOSS 1.13B - 9.6B (QOQ) -- Q2 REVENUE 539B RUPEES VS 557B (YOY); EST 533.8B

JINDAL STEEL & POWER: Q2 EBITDA 22B RUPEES VS 22.86B (YOY) -- Q2 EBITDA MARGIN 19.62% VS 18.66% (YOY)

JINDAL STEEL & POWER: Q2 REVENUE 112B RUPEES VS 122.5B (YOY)

JINDAL STEEL & POWER: Q2 CONS NET PROFIT 8.6B RUPEES VS 13.9B (YOY); 13.4B (QOQ)

HINDUSTAN ZINC: INDIA GOVT TO SELL UP TO 2.50% STAKE IN HINDUSTAN ZINC VIA OFFER FOR SALE -- HINDUSTAN ZINC OFFER FOR SALE FLOOR PRICE AT 505 RUPEES/SHR

JSW STEEL: CO, SOUTH KOREAS POSCO PLAN TO INVEST $7.7 BILLION IN PROPOSED PLANT IN INDIA - SOURCES - RTRS

JSW STEEL: CO SAYS OCT TOTAL CRUDE STEEL PRODUCTION WAS LOWER BY 1% YOY

JSW STEEL: CO REPORTS CONSOLIDATED CRUDE STEEL PRODUCTION OF 22.81 LAKH TONNES FOR OCTOBER 24

NMDC: BOARD MEETING ON NOV 11 TO CONSIDER Q2 RESULTS & BONUS

VEDANTA: CAIRN BECOMES INDIA’S FIRST OIL & GAS COMPANY TO JOIN UNEP’S OGMP 2.0; STRENGTHENS ITS NET ZERO BY 2030 COMMITMENT

NMDC: CO SAYS OCTOBER IRON ORE SALES 4.03 MT VS 3.44 MT (YOY) -- OCT TOTAL IRON ORE PRODUCTION 4.07 MT VS 3.92 MT (YOY)

COAL INDIA: CO SAYS OCT OFFTAKE FALLS 0.5% (YOY) -- CO SAYS OCT PRODUCTION UP 2.3% (YOY)

APL APOLLO TUBES: CO EXPECTS TO SURPASS THE 3.2 MILLION TON GUIDANCE FOR FY 26 IF THEY MEET THEIR SECOND-HALF TARGETS - CONCALL UPDATE

APL APOLLO TUBES: CO MARGIN IS EXPECT TO EXPAND TO A NORMALIZED LEVEL OF INR5,000 PER TON OVER THE NEXT TWO TO THREE QUARTERS AND REMAIN SUSTAINABLE THROUGHOUT FY 26 ON A QUARTER-ON-QUARTER BASIS - CONCALL UPDATE

APL APOLLO TUBES: Q2 EBITDA 1.38B RUPEES VS 3.25B (YOY) -- Q2 EBITDA MARGIN 2.89% VS 7.24% (YOY)

APL APOLLO TUBES: Q2 REVENUE 47.7B RUPEES VS 46.3B (YOY)

APL APOLLO TUBES: Q2 CONS NET PROFIT 540M RUPEES VS 2.03B (YOY)

TATA STEEL: BOARD MEETING ON NOV 6 TO CONSIDER Q2 RESULTS

JSW STEEL: CO EXPECTS MARGIN EXPANSION IN THE SECOND HALF OF THE YEAR DRIVEN BY HEALTHY DOMESTIC DEMAND AND POSITIVE PRICING MOMENTUM -- CO AIMS TO INCREASE THE CAPACITY OF THE CRGO FACILITY IN THE NEXT ONE OR TWO PHASES - CONCALL UPDATE

JSW STEEL: CO IS RETAINING ITS VOLUME GUIDANCE OF 28.4 MILLION TONS FOR PRODUCTION AND 27 MILLION TONS OF SALES FOR FY 25 -- CO IS MAINTAINING ITS FULL-YEAR GUIDANCE, WHICH IMPLIES HIGHER VOLUMES IN THE SECOND HALF OF THE YEAR - CONCALL UPDATE

JSW STEEL: CO EXPECTS STEEL DEMAND TO GROW BY AROUND 10% TO 11% IN FY 25 -- CO EXPECTS TO MINE ABOUT 10 MILLION TONS FROM ITS EXISTING CAPTIVE MINES IN FY 25 - CONCALL UPDATE

COAL INDIA: CO DECLARED DIVIDEND 15.75 RUPEES PER SHARE

COAL INDIA: Q2 EBITDA 86.2B RUPEES VS 100.4B (YOY) -- Q2 EBITDA MARGIN 28.09% VS 24.82% (YOY)

COAL INDIA: Q2 CONS NET PROFIT 62.9B RUPEES VS 80.4B (YOY); 109.6B (QOQ) -- Q2 REVENUE 306.7B RUPEES VS 327.8B (YOY)

JSW STEEL: Q2 REVENUE 396B RUPEES VS 446B (YOY); EST 418.47B

JSW STEEL: Q2 EBITDA 54.37B RUPEES VS 78.86B (YOY); EST 46.42B -- Q2 EBITDA MARGIN 13.70% VS 17.69% (YOY); EST 11.09%

JSW STEEL: Q2 CONS NET PROFIT 4.4B RUPEES VS 27.6B (YOY)

VEDANTA: MOODYS RATINGS UPGRADES CO PROMOTER VEDANTA RESOURCES CFR TO B3 AND BONDS TO CAA1; OUTLOOK STABLE

NMDC LTD: CO ANNOUNCES IRON ORE PRICE REVISION EFFECTIVE 23 OCT, BAILA LUMP AT RUPEES 6,350/TON AND BAILA FINES AT RUPEES 5,410/TON

JINDAL STAINLESS: CO IS REVISING ITS VOLUME GROWTH GUIDANCE FROM 20% TO 10% TO 15% DUE TO WEAKER-THAN-EXPECTED EXPORT PERFORMANCE, PARTICULARLY IN EUROPE AND THE US - CONCALL UPDATE

JINDAL STAINLESS: CO AIMS TO MAINTAIN ITS EBITDA PER TONNE GUIDANCE AT AROUND RUPEES 18,000, BALANCING VOLUME GROWTH WITH MARGIN PROTECTION - CONCALL UPDATE

TATA STEEL: CO SAYS SIGNED CONTRACT WITH TENOVA TO DELIVER ELECTRIC ARC FURNACE -- CO SAYS CONTRACT TO DELIVER ELECTRIC ARC FURNACE FOR ITS PORT TALBOT SITE IN WALES - RTRS

JSW STEEL: CO SAYS ACQUISITION OF 100% EQUITY INTEREST IN TKES INDIA FOR 40.51B RUPEES

VEDANTA: CO TO INVEST 1T RUPEES IN ODISHA, 200,000 NEW EMPLOYMENT OPPORTUNITY -- INVESTMENT TO ESTABLISH 6 MLN T/ANNUM ALUMINA REFINERY, 3 MLN T ALUMINIUM PLANT

JSW STEEL: CO SAYS ACQUISITION JOINTLY WITH JFE STEEL CORP VIA 50:50 JOINT VENTURE

JSW STEEL: CO BOARD APPROVED ACQUISITION OF 100% EQUITY INTEREST IN THYSSENKRUPP ELECTRICAL STEEL INDIA -- ACQUISITION OF THYSSENKRUPP ELECTRICAL STEEL INDIA JOINTLY WITH JFE STEEL CORP VIA JV

HINDUSTAN ZINC: CO EXEC SAYS EXPECT ZINC PRICES TO BE STRONG AT LEAST TILL DECEMBER -- CO EXEC SAYS DISCUSSIONS ONGOING WITH INDIA GOVT ON SPLITTING CO INTO TWO

HINDUSTAN ZINC: CO EXEC SAYS SEE BETTER OPERATIONAL PERFORMANCE IN H2 -- CO EXEC SAYS EXPANSION OF 2 MTPA OF PRODUCTION CAPACITY SEEMS FEASIBLE

HINDUSTAN ZINC: CO SAYS INVESTMENT OF MINIMUM 26% OF EQUITY IN SERENTICA RENEWABLE INDIA -- EQUITY INFUSION OF 3.27B RUPEES IN SERENTICA RENEWABLES

HINDUSTAN ZINC: Q2 EBITDA 41B RUPEES VS 31.39B (YOY); EST 39.83B -- Q2 EBITDA MARGIN 51.3% VS 47.42% (YOY); EST 49.9%

HINDUSTAN ZINC: Q2 REVENUE 80B RUPEES VS 66B (YOY); EST 79.79B

HINDUSTAN ZINC: Q2 REVENUE 80B RUPEES VS 66B (YOY); EST 79.79B

HINDUSTAN ZINC: Q2 SL NET PROFIT 23B RUPEES VS 17.4B (YOY); EST 22.56B

STEEL AUTHORITY OF INDIA: MINISTRY OF NEW AND RENEWABLE ENERGY HAS SANCTIONED TOTAL THREE PILOT PROJECTS IN THE STEEL SECTOR, MATRIX GAS AND RENEWABLES LTD , SIMPLEX CASTINGS AND CO WITH PLANT CAPACITY 3200 TPD.

JINDAL STAINLESS: CO ‍EXPECT VOLUME GROWTH TO PICK UP GOING FORWARD​ IN DOMESTIC MARKET -- DEMAND FOR STAINLESS STEEL EXPECTED TO REMAIN STEADY THROUGHOUT FISCAL

JINDAL STAINLESS: Q2 REVENUE 98B RUPEES VS 97.97B (YOY)

JINDAL STAINLESS: Q2 EBITDA 11.9B RUPEES VS 12.31B (YOY) -- Q2 EBITDA MARGIN 12% VS 12.57% (YOY)

JINDAL STEEL & POWER LTD: RS. 327.85 CRORES NSE BLOCK TRADE; FOR ~ 3421337 SHARES, AT RS. 958.25

TATA STEEL: ARCELOR MITTAL TAKES BIG PRICE HIKE IN EUROPEARCELOR MITTAL TAKES PRICE HIKE OF 35 £./TONNE

VEDANTA: S&P LOWERED ISSUE RATINGS ON VEDANTA SENIOR UNSECURED NOTES

JINDAL STEEL & POWER: ADANI POWER, CO, VEDANTA, FOUR OTHERS IN RACE FOR SINNAR THERMAL PLANT - THE ECONOMIC TIMES

VEDANTA: VEDANTA RESOURCES SIGNS FACILITY AGREEMENT WORTH $125 MILLION - NDTV

NMDC: CO PLANS RS 75,000-CRORE CAPEX TO DOUBLE PRODUCTION CAPACITY IN 10 YEARS - NDTV PROFIT

JINDAL STEEL & POWER LTD: RS. 197.07 CRORES NSE BLOCK TRADE; FOR ~ 2014497 SHARES, AT RS. 978.25

JINDAL STEEL & POWER LTD: RS. 201.34 CRORES NSE BLOCK TRADE; FOR ~ 2062479 SHARES, AT RS. 976.20

COAL INDIA: BOARD MEETING ON OCT 25 TO CONSIDER Q2 RESULTS

TATA STEEL LTD: Rs. 32.28 Crores NSE Block Trade; for ~ 2004892 Shares, at Rs. 161.00

TATA STEEL LTD: Rs. 30.70 Crores NSE Block Trade; for ~ 1908536 Shares, at Rs. 160.86

JSW STEEL: CO SAYS IF PROJECT IS SUCCESSFUL, JSW STEEL INTENDS TO LIQUEFY CAPTURED CO2 TO BE SOLD LOCALLY

JSW STEEL: BHP, CARBON CLEAN, AND CO SIGN AGREEMENT TO EXPLORE CARBON CLEANS CYCLONECC TECHNOLOGY

JSW STEEL: CO SAYS CAPACITY UTILISATION AT INDIAN OPERATIONS STOOD AT 91% FOR Q2 FY25

JSW STEEL: COS CRUDE STEEL PRODUCTION WAS HIGHER BY 6% YOY AND 7% QOQ

JSW STEEL: CO REPORTS CONSOLIDATED CRUDE STEEL PRODUCTION OF 6.77 MLN TONNES FOR Q2 FY25

JINDAL STEEL AND POWER: JINDAL ABANDONS OIL VENTURE WITH VENEZUELAS CRUDE PRODUCER PDVSA - BUSINESS STANDARD

VEDANTA: CO SAYS DUE TO UNFORESEEN CIRCUMSTANCES CO WITHDRAWS THE NOTICE OF BOARD MEETING PROPOSED TO BE HELD ON OCTOBER 9, 2024 AND ACCORDINGLY THE BOARD MEETING HEREBY STANDS CANCELLED

VEDANTA: CO SAY DUE TO UNFORESEEN CIRCUMSTANCES, THE BOARD MEETING IS RESCHEDULED TO BE HELD ON OCT 09

HINDUSTAN ZINC: CO SAYS VEDANTA GROUP COMMITTED TO COMPLETELY TRANSITION INTO RENEWABLE POWER

HINDUSTAN ZINC: CO WANT TO FOCUS MORE ON MINING CRITICAL MINERALS GOING FORWARD

JINDAL STEEL & POWER: JINDAL STEEL INTERNATIONAL TO ACQUIRE CZECH VITKOVICE STEEL, SUBJECT TO REGULATORY APPROVAL - NEWS AGENCY CTK

TATA STEEL: COS 2QFY25 PRODUCTION VOLUMES AT 5.27 MT; DELIVERIES VOLUMES AT 5.10 MT -- TATA STEEL NETHERLANDS: 2QFY25 PRODUCTION VOLUMES AT 1.68 MT; DELIVERIES VOLUMES AT 1.57 MT

JSW STEEL: CO UNIT JSW VIJAYANAGAR METALLICS LTD (JVML), HAS TODAY SUCCESSFULLY COMMISSIONED ITS BLAST FURNACE AT ITS INTEGRATED STEEL PLANT AT VIJAYANAGAR WITH A CAPACITY OF 4.5 MTPA

JSW STEEL: CO SAYS NATIONAL STEEL AND AGRO INDUSTRIES APPROVES MERGER WITH JSW STEEL COATED PRODUCTS

TATA STEEL: THYSSENKRUPP LOSES COURT BID TO TOPPLE EU’S TATA DEAL VETO

APOLLO TYRES: KOTAK SAYS NATURAL RUBBER SHARPLY HIGHER ON CONCERNS OF GLOBAL SUPPLY SHORTAGE FROM ADVERSE WEATHER CONDITIONS -- INTERNATIONAL PRICES AT A SIGNIFICANT PREMIUM TO DOMESTIC RUBBER PRICES, INDICATING PRICES LIKELY TO MOVE HIGHER

VEDANTA: COS REFINED METAL PRODUCTION UP 5% TO 524,000 TONS IN 1H -- COS IRON ORE VOLUMES UP 6% TO 2.6M TONS IN 1H

VEDANTA: STEEL FINISHED PRODUCTION DOWN 7% IN 1H -- CO SAYS PRODUCTION ADVERSELY IMPACTED DUE TO THE PLANNED SHUTDOWN IN 2Q

VEDANTA LTD: CO SAYS ZINC INDIA RECORDS A NEW HIGH FOR MINED METAL WHILE THE PRODUCTION OF REFINED METAL INCREASED BY 5% (YOY) TO 524 KT IN THE 1H

VEDANTA LTD: CO RECORD ALUMINIUM PRODUCTION OF 1205 KT IN 1H, WHILE ALUMINA PRODUCTION JUMPS 21% (YOY)

JINDAL STEEL & POWER LTD: RS. 59.80 CRORES NSE BLOCK TRADE; FOR ~ 568183 SHARES, AT RS. 1052.45

HINDUSTAN ZINC: CO SAYS SALEABLE SILVER PRODUCTION AT 5.9 MOZ IN Q2, UP 2% (YOY) -- Q2 REFINED ZINC PRODUCTION 198KT, HIGHER BY 7% (YOY)

HINDUSTAN ZINC: CO SAYS MINED METAL PRODUCTION IN SECOND QUARTER AT 256KT, UP 2% (YOY) -- REFINED METAL PRODUCTION IN SECOND QUARTER AT 262KT, HIGHER BY 8% (YOY)

NMDC: CO SAYS SEPT TOTAL PRODUCTION AT 3.04 MT -- CO SAYS SEPT TOTAL SALES 3.54 MT VS 3.11 MT (YOY)

COAL INDIA: CO SAYS SEPT COAL PRODUCTION DOWN 1% (YOY) -- SEPTEMBER OFFTAKE AT 54.4 MLN TN, DOWN 1.4%

APL APOLLO: Q2FY25 SALES VOLUME OF 7,58,267 TON +12% (YOY) AND +5% (QOQ) -- H1FY25 VOLUME OF 14,79,331 TON (11% UP YOY)

SAIL: SOURCES SAYS STEEL, FINANCE MINISTRIES IN DISCUSSION ON RINL REVIVAL - CNBC TV18

SAIL: SOURCES SAYS NO PLAN TO MERGE RINL WITH CO -- GOVT DISCUSSING A RESTRUCTURING PACKAGE FOR RINL - CNBC TV18

SAIL: NO PLAN TO MERGE RINL WITH CO - CNBCTV18

TATA STEEL: CO’S PLANNED £750M INVESTMENT IN LOW-CO2 ‘GREEN’ STEELMAKING WILL BE AUGMENTED BY THE £500M GRANT FUNDING AGREEMENT SIGNED RECENTLY WITH THE UK GOVT

TATA STEEL: CO SAYS STEELMAKING AT THE SITE WILL RESUME IN 2027/2028 THROUGH THE INVESTMENT OF £1.25B IN ELECTRIC ARC FURNACE BASED STEELMAKING, USING UK-SOURCED SCRAP STEEL

TATA STEEL: CO SAYS CEASING OPERATIONS AT BLAST FURNACE 4 ALONG WITH OTHER ASSOCIATED IRON AND STEELMAKING ASSETS AT PORT TALBOT, THE UK’S LARGEST STEEL PLANT, BRINGING AN END TO IRONMAKING AT THE SITE

JINDAL STAINLESS: CO PARTNERS WITH CJ DARCL TO DEVELOP LIGHTWEIGHT AND SUSTAINABLE STAINLESS STEEL CONTAINERS -- THE STAINLESS STEEL CONTAINERS WILL BE USED TO TRANSPORT POLYMERS, BATTERIES, RUBBER ETC

COAL INDIA: NEW INTEREST RATES ARE APPLICABLE FOR DELAY IN PAYMENTS BEYOND 30 SEPT

COAL INDIA: CO MAKES INTEREST RATES UNIFORM FOR DELAYED RECEIVABLES, EFFECTIVE OCT 1 -- POLICY TWEAK IS FOR COAL SOLD UNDER DIFFERENT FSAS AND SCHEMES

TATA STEEL LTD: Rs. 17.65 Crores NSE Block Trade; for ~ 1037823 Shares, at Rs. 170.05

SAIL: STEEL MINISTRY PUSHES FOR MERGER OF DEBT-HIT RINL WITH CO - ET

JINDAL STEEL & POWER LTD: RS. 97.09 CRORES BSE BLOCK TRADE; FOR ~ 950560 SHARES, AT RS. 1021.40

JSW STEEL: BOARD MEETING ON OCT 25 TO CONSIDER Q2 RESULTS

TATA STEEL LTD: RS. 65.27 CRORES NSE BLOCK TRADE; FOR ~ 4020763 SHARES, AT RS. 162.33

VEDANTA: BOARD MEETING ON OCT 8 TO CONSIDER FOURTH INTERIM DIVIDEND

TATA STEEL LTD: Rs. 26.45 Crores NSE Block Trade; for ~ 1652055 Shares, at Rs. 160.09

TATA STEEL LTD: RS. 56.72 CRORES NSE BLOCK TRADE; FOR ~ 3567239 SHARES, AT RS. 159.00

COAL INDIA: CO HAS SIGNED A JOINT VENTURE AGREEMENT WITH RRVUNL -- PURPOSE OF ENTERING INTO THE AGREEMENT IS TO UNDERTAKE RENEWABLE ENERGY BUSINESS IN RAJASTHAN

TATA STEEL: CO COMMISSIONS INDIA’S LARGEST BLAST FURNACE AT KALINGANAGAR -- CRUDE STEEL CAPACITY AT KALINGANAGAR TO EXPAND FROM 3 MTPA TO 8 MTPA WITH AN INVESTMENT OF RS 27,000 CRORE

JINDAL STEEL & POWER LTD: Rs. 21.59 Crores NSE Block Trade; for ~ 211433 Shares, at Rs. 1020.95

JINDAL STEEL & POWER: Rs 55.38cr BSE Block Trade; for ~553795 shares, at Rs 1000.07

HINDALCO: CO SAYS NO DEVELOPMENTS ON SOLAR MODULE MANUFACTURING -- CO DENIES REPORT ON PLANNING TO ENTER SOLAR MODULE MANUFACTURING - RTRS

HINDUSTAN ZINC: GOVT REMAINS OPPOSED TO DEMERGER OF CO - RTRS

COAL INDIA LTD: RS. 77.87 CRORES NSE BLOCK TRADE; FOR ~ 1581399 SHARES, AT RS. 492.40

COAL INDIA: MINES SECY - CO LOOKING AT ARGENTINA FOR CRITICAL MINERALS -- CO TALKING TO CHILEAN OFFICIALS FOR LITHIUM

HINDUSTAN ZINC: CO EYES EXPANSION INTO ZINC-BASED BATTERIES -- CO CEO SAYS LOOKING AT ZINC-BASED BATTERIES AS AN ALTERNATIVE TO LITHIUM ONES, WHICH ARE CURRENTLY IN FOCUS FOR THE GLOBAL ENERGY TRANSITION - HINDU BUSINESSLINE

HINDALCO INDUSTRIES: CO PLANS TO MAKE SOLAR MODULES -- CO EVALUATING SOLAR MODULES PRODUCTION PLAN FOR FIVE YEARS, SOURCE SAYS - RTRS

VEDANTA: VEDANTA ALUMINIUM SAYS BREACH OF PROCESS WATER STORAGE POND OCCURRED IN EARLY HOURS OF SEPT 15 DUE TO UNPRECEDENTED WEATHER CONDITIONS

VEDANTA: CO HAS INITIATED IMMEDIATE CONTAINMENT MEASURES, & SAFE DRINKING WATER IS BEING SUPPLIED TO THE AFFECTED VILLAGES, ADDS CO SPOKESPERSON - CNBCTV18

VEDANTA: VEDANTA ALUMINIUM RESPONDS TO DYKE BREACH IN PROCESS WATER STORAGE FACILITY, PRIORITISES RELIEF EFFORTS & COMMUNITY SUPPORT -- VEDANTA ACTIVELY ADDRESSING A BREACH OF ITS PROCESS WATER STORAGE POND AT ITS LANJIGARH ALUMINA REFINERY IN ODISHA, SAYS CO SPOKESPERSON - CNBCTV18

VEDANTA: CO CO SAYS WHILE COMPANY WILL TAKE STEPS TO MITIGATE THIS, IF THERE IS AN ESCALATION TO THE NGT LIKE IN TUTICORIN SMELTER

VEDANTA: CO LANJIGARH REFINERY ALUMINA RED MUD POND COLLAPSES; POLLUTION CONCERN

JINDAL STEEL: JINDAL RENEWABLES WILL DEVELOP A GREEN HYDROGEN GENERATION CAPACITY OF UP TO 4,500 TONS PER ANNUM SET TO COMMENCE BY DECEMBER 2025

JINDAL STEEL: CO AND JINDAL RENEWABLE POWER PRIVATE LIMITED SIGN A HISTORIC MOU TO INVEST IN GREEN HYDROGEN PRODUCTION FOR STEELMAKING IN ANGUL

JINDAL STEEL: CO SAYS COLLABORATION ALSO INCLUDES A SUPPLY OF 3GW RENEWABLE ENERGY TO JSPL, CUTTING FOSSIL FUEL ENERGY USAGE BY HALF IN NEXT 2-3 YEARS

VEDANTA: MOODYS RATINGS UPGRADES VEDANTA RESOURCES CFR TO CAA1 AND BONDS TO CAA2; CHANGES OUTLOOK TO STABLE FROM NEGATIVE

NMDC: CO SETS 22B RUPEES CAPEX IN FY25 FOR SETTING UP SLURRY PIPELINE, NEW PROCESSING PLANTS -- INVESTMENT AIMS TO BOOST PRODUCTION CAPACITY TO 100 MT BY 2030 -- CO SAYS EXPANDING RAIL TRANSPORT BY INCREASING KK LINE’S CAPACITY FROM 28 MTPA TO 40 MTPA - RTRS

VEDANTA: CO UNIT VEDANTA NICO SEES GREAT OPPORTUNITY FOR NICKEL SULPHATE EXPORTS TO NORTHEAST ASIA - STATEMENT TO REUTERS

VEDANTA: CO UNIT VEDANTA NICO PLANS TO EXPAND NICKEL, NICKEL SULPHATE PRODUCTION CAPACITY - STATEMENT TO REUTERS

JSW STEEL: CO SAYS MONTHLY CRUDE STEEL PRODUCTION WAS HIGHER BY 2% (YOY) IN THE INDIAN OPERATIONS WITH A CAPACITY UTILISATION OF 91%

JSW STEEL: CO REPORTS CONSOLIDATED CRUDE STEEL PRODUCTION OF 23.16 LAKH TONNES FOR AUGUST’24

TATA STEEL: TATA SAYS ‘VERY CLOSE’ TO DEAL ON £500MN UK STATE AID FOR PORT TALBOT - FT

HINDUSTAN ZINC: CO AND SKIPPER LIMITED PARTNER FOR INDIA’S HEAVIEST TRANSMISSION STEEL POLE STRUCTURE, WEIGHING AROUND 200 METRIC TONS

TATA STEEL: UK BUSINESS SECRETARY JONATHAN REYNOLDS PUTS FINISHING TOUCHES TO £1.25BN PORT TALBOT DEAL - SKYNEWS

COAL INDIA: CO PLANS TO START MINING LITHIUM, NICKEL, COBALT, MOLYBDENUM, GRAPHITE, PHOSPHORUS AND POTASH IN FOREIGN COUNTRIES - MC

SAIL: CO PRIORITISES CAPACITY EXPANSION, RAW MATERIAL SECURITY FOR FY25 -- AS THE INFRASTRUCTURE-LED DOMESTIC DEMAND REMAINS ROBUST, SAIL OS LOOKING TO EXPAND THE CRUDE STEEL PRODUCTION CAPACITY FROM EXISTING 19.10 MILLION TONNES PER ANNUM (MTPA) TO 35.65 MTPA BY THE YEAR 2031 -MC

JINDAL STAINLESS: CO TO SUPPLY STAINLESS STEEL FOR VANDE BHARAT SLEEPER TRAIN -- CO SAYS HIGH-STRENGTH TEMPERED 301LN GRADE AUSTENITIC STAINLESS STEEL USED ENHANCES THE SAFETY, DURABILITY, AND SUSTAINABILITY OF THE TRAIN COACHES

COAL INDIA: CO SAYS EXPECTS TO REACH 5GW RENEWABLES CAPACITY BY 2028

JINDAL STAINLESS LTD: RS. 105.37 CRORES NSE BLOCK TRADE; FOR ~ 1436404 SHARES, AT RS. 733.60

JINDAL STAINLESS LTD: RS. 270.28 CRORES NSE BLOCK TRADE; FOR ~ 3701999 SHARES, AT RS. 730.10

NMDC: IRON ORE FALLS 8% IN LAST 3 DAYS - CNBCTV18

NMDC: SGX IRON ORE EXTENDS LOSSES, NOW DOWN 3% - CNBCTV18

VEDANTA: RECENTLY RATING AGENCIES HAVE UPGRADED RATINGS BOND REFINANCING WILL HAPPEN AT MORE ATTRACTIVE RATES NUVAMA SAYS -- NEW RATE AT 10-11% VS 13.875% EARLIER- HT

VEDANTA: CO HAS APPROVED THE THIRD INTERIM DIVIDEND OF 20 RUPEES PER EQUITY SHARE FOR THE FINANCIAL YEAR 2024-25 AMOUNTING TO 78.21B RUPEES

NMDC: CO SAYS AUG TOTAL SALES 3.14 MT VS 3.54 MT (YOY) -- AUGUST TOTAL PRODUCTION 3.07 MT

NMDC: CO SAYS AUG TOTAL SALES 3.14 MT VS 3.54 MT (YOY) -- AUGUST TOTAL PRODUCTION 3.07 MT

NMDC: CO SAYS COLLECTOR DANTEWADA PROPOSED TO LEVY PENALTY AND COMPENSATION OF 16.21B RUPEES ON CO -- PENALTY FOR ALLEGED TRANSPORT OF IRON ORE WITHOUT RAILWAY TRANSIT PASS; SUBMITTING SUITABLE REPLY TO DISTRICT COLLECTOR

NMDC: CO AUG IRON ORE OUTPUT DOWN 10% (YOY) -- RAINS IN CHHATTISGARH HITS COS IRON ORE OUTPUT - NDTV PROFIT

NMDC: CO AUG IRON ORE SALES DOWN 11% (YOY) -NDTV PROFIT

COAL INDIA: COS AUGUST MONTH COAL PRODUCTION SEEN AT 46.1 MT VS 52.3 MT (YOY) -- OFFTAKE SEEN AT 52.1 MT VS 59.1 MT (YOY)

JSW STEEL: CO ALLOTTED NCDS AGGREGATING TO 22.50 BLN RUPEES

TATA STEEL: CO SAYS ACQUISITION OF 26% EQUITY STAKE IN TP PARIVART LTD

JSW STEEL: CO SAYS UPDATE ON ACQUISITION OF UP TO 66.67% ECONOMIC INTEREST IN M RES NSW HCC PTY -- TRANSACTION FOR SALE OF ILLAWARRA METALLURGICAL COAL BY SOUTH32 COMPLETED

NALCO: MOU SIGNED BETWEEN KABIL AND OIL INDIA LTD. FOR COLLABORATION IN PROJECTS & EXPLORATION

TATA STEEL: MOODYS RATINGS AFFIRMS TATA STEELS BAA3 RATING; OUTLOOK REMAINS STABLE

TATA STEEL: CO ACQUIRED SHARES WORTH $280M (₹2,347.81 CRORE) IN T STEEL HOLDINGS PTE -- POST THIS ACQUISITION, TSHP WILL CONTINUE TO BE A WHOLLY OWNED SUBSIDIARY OF THE CO

VEDANTA: BOARD MEETING ON SEPT 2 TO CONSIDER AND APPROVE THE THIRD INTERIM DIVIDEND ON EQUITY SHARES, IF ANY, FOR THE FINANCIAL YEAR 2024-25

APL APOLLO TUBES LTD: Rs. 31.48 Crores NSE Block Trade; for ~ 214032 Shares, at Rs. 1471.00

JINDAL STEEL & POWER: JINDAL, ZIMBABWE IN TALKS FOR $800 MILLION POWER-PLANT REVAMP - BBG

VEDANTA: CO READIES RS 30,000-CRORE WAR CHEST TO PURSUE FURTHER DELEVERAGING, GROWTH - MONEYCONTROL

TATA STEEL: RS 107.61CR BSE BLOCK TRADE; FOR ~6987672 SHARES, AT RS 154 (MULTIPLE BLOCKS)

HINDUSTAN ZINC: CO ANNOUNCES PLANS TO COMMISSION ITS DEBARI ROASTER BY Q4, COMPLETE THE CHANDERIYA FERTILISER PLANT BY Q2 FY26, AND INVEST $1B TOWARDS CLIMATE CHANGE INITIATIVES

HINDUSTAN ZINC: CO SEES FY25 COST OF PRODUCTION AT $1,050-1,100/TON -- CO SEES FY25 REFINED METAL OUTPUT AT 1075-1100 KTPA

HINDALCO: CO CHAIRMAN SAYS GUJARAT COPPER TUBE PLANT TO START OPS END OF 2024 -- CO SAYS MULLING ADDING 200K TONS AT ADITYA ALUMINIUM SMELTER

HINDALCO: CO CHAIRMAN KUMAR MANGALAM BIRLA SAYS PLAN $10B INVESTMENT IN INDIA OPS, NOVELIS EXPANSION -- SAYS RAYAGADA ALUMINA REFINERY 1ST PHASE TO START OPS FY27

NMDC: CO CHAIRMAN SAYS - SEE ONLY A MARGINAL IMPACT FROM ANY RETROSPECTIVE TAX DEMAND FROM STATES

SAIL: CO CHAIRMAN SAYS STILL ASSESSSING IMPACT OF ANY RETROSPECTIVE TAX DEMAND FROM STATES

HINDUSTAN ZINC: CO SAYS PARTNERSHIP AIMS TO ADVANCE RESEARCH AND DEVELOPMENT OF SUSTAINABLE ENERGY STORAGE SOLUTIONS WITH NEXT-GENERATION ZINC-BASED BATTERIES -- COST-EFFECTIVE & DURABLE ZINC-BASED BATTERIES ARE TOUTED TO BE BETTER ALTERNATIVES TO EXPENSIVE & IMPORTED LITHIUM BATTERIES

HINDUSTAN ZINC: CO AND JNCASR COLLABORATE FOR NEW-AGE ZINC-BASED BATTERY TECHNOLOGIES’

HINDUSTAN ZINC: THE RECORD DATE FOR THE PURPOSE OF PAYMENT OF DIVIDEND AUGUST 28

HINDUSTAN ZINC: CO APPROVED DIVIDEND AMOUNTING TO 80.28B RUPEES -- CO APPROVED SECOND INTERIM DIVIDEND OF 19 RUPEES PER SHARE

VEDANTA: CO SAYS SHAREHOLDING IN UNIT HINDUSTAN ZINC FALLS TO 63.42% AFTER OFFER FOR SALE

COAL INDIA LTD: RS. 214.77 CRORES NSE BLOCK TRADE; FOR ~ 4156251 SHARES, AT RS. 516.75

HINDUSTAN ZINC: VEDANTA TO EXERCISE OVERSUBSCRIPTION OPTION FOR ADDITIONAL 0.29% STAKE IN ONGOING OFS OF HINDUSTAN ZINC -- VEDANTAS TOTAL OFFER SIZE NOW REPRESENTS 1.51% OF COS TOTAL STAKE

HINDUSTAN ZINC: CO SAYS FURTHER, THERE IS NO INFORMATION WHICH HAS NOT BEEN ANNOUNCED TO THE STOCK EXCHANGES AND WHICH SHOULD HAVE BEEN ANNOUNCED BY THE CO IN TERMS OF THE SEBI

HINDUSTAN ZINC: CO SAYS HAS INFORMED THAT A MEETING OF THE BOARD OF DIRECTORS OF THE CO IS SCHEDULED TO BE HELD ON AUG 20, 2024 TO CONSIDER AND APPROVE THE SECOND INTERIM DIVIDEND ON EQUITY SHARES, IF ANY, FOR THE FINANCIAL YEAR 2024-25

HINDUSTAN ZINC: CO ISSUES CLARIFICATION REGARDING NEWS ARTICLE “HINDUSTAN ZINC PLANS SPECIAL DIVIDEND PAYOUT OF RS. 8,000 CRORE TO SHAREHOLDERS" -- CO SAYS WE WISH TO CLARIFY THAT WE ARE UNABLE TO COMMENT ON MEDIA SPECULATION / RUMORS

JSW STEEL: M RES NSW OWNS A 30% INTEREST IN GOLDEN M NSW PTY LTD, WHICH IS EXPECTED TO PURCHASE ILLAWARRA METALLURGICAL COAL FROM SOUTH32 LTD IN SEPT 2024

JSW STEEL: CO, THROUGHT UNIT JSW STEEL (NETHERLANDS) B.V, HAS COMPLETED THE ACQUISITION OF A 66.67% ECONOMIC INTEREST IN M RES NSW HCC PTY LTD

TATA STEEL: UK GOVERNMENT - ANNOUNCING IMMEDIATE RELEASE OF £13.5M IN FUNDING TO SUPPORT SUPPLY CHAIN BUSINESSES AND WORKERS AFFECTED BY TATA STEELS DECISION

TATA STEEL: CO SAYS IS CURRENTLY STUDYING THE SUPREME COURT JUDGEMENT DATED JULY 25, 2024 ALONG WITH ORDER PRONOUNCED TODAY -- CO SAYS FINANCIAL IMPACT, IF ANY, ON THE CO WILL BE DISCLOSED IN DUE COURSE

JINDAL STAINLESS: CO COMMISSIONS ITS NICKEL PIG IRON FACILITY IN INDONESIA AHEAD OF SCHEDULE -- CO COMMISSIONS INDONESIA NICKEL PIG IRON FACILITY 8 MONTHS AHEAD OF TIMELINE

HINDUSTAN ZINC: PROMOTER VEDANTA TO SELL 3.17% STAKE IN THE CO VIA OFFER FOR SALE (OFS) FROM AUGUST 16-19, 2024 -- OFS INCLUDES A BASE SIZE OF 1.22% & AN OVERSUBSCRIPTION OPTION OF 1.95% -- FLOOR PRICE OF THE OFFER IS AT 486 RUPEES/SHARE - CNBCTV18

TATA STEEL: CO SAYS ACQUISITION OF EQUITY STAKE IN T STEEL HOLDINGS PTE -- ACQUIRED SHARES WORTH $182M IN T STEEL HOLDINGS PTE

COAL INDIA: CO SAYS WILL ASSESS THE PROBABLE FINANCIAL IMPACT OF TOP COURTS TAX ORDER

VEDANTA: CO SAYS APPROVED SALE OF UPTO 3.31% OF HINDUSTAN ZINC; SALE VIA OFFER FOR SALE -- CO SAYS THIS SALE IN SUPERSESSION OF EARLIER APPROVAL

HINDUSTAN ZINC: CO TO CONSIDER SECOND INTERIM DIVIDEND ON AUG 20

NMDC: SINGAPORE IRON ORE FUTURES DROP TO THE LOWEST SINCE MAY 2023

TATA STEEL: MINING CO HAVE TO PAY TAX FROM 2005 TO THE STATES - CNBC AWAZ

VEDANTA: CO APPROVED SALE OF UPTO 2.60% OF HINDUSTAN ZINC -- CO APPRVOED HINDUSTAN ZINC SHARE SALE VIA OFFER FOR SALE

HINDALCO: CO EXEC SAYS NO SPECIFIC TIMELINE FOR NOVELIS IPO

HINDALCO: CO EXEC SAYS WE WILL CONSIDER NOVELIS IPO AT "APPROPRIATE TIME"

HINDALCO: CO EXEC SAYS COPPER AND ALUMINIUM DEMAND STRONG IN INDIA -- SCRAP IMPORTS REMAIN A CONCERN

COAL INDIA: CO SAYS DONE AWAY WITH EARLIER PROVISION THAT ALLOWED COAL SUPPLIES UP TO MAXIMUM 120% OF ACQ

COAL INDIA : CILS ACQ STIMULUS TO POWER PLANTS TO LIFT MORE COAL -- CO ALLOWING SUPPLIES BEYOND ANNUAL CONTRACTED QUANTITY TO THERMAL POWER PLANTS

HINDALCO: CONS NET DEBT OF 355B RUPESS VS 315.36B (QOQ)

HINDALCO: CO SAYS LOOKING AHEAD, WILL EXPLORE GROWTH OPPORTUNITIES IN UPSTREAM BUSINESS

HINDALCO: CO SAYS MAJOR CAPITAL FORMATION PHASE OF DOWNSTREAM BUSINESS IS NEAR COMPLETION

HINDALCO: Q1 EBITDA 27.5B RUPEES VS 15.6B (YOY) -- Q1 EBITDA MARGIN 12.4% VS 7.84% (YOY)

HINDALCO: Q1 SL REVENUE 222B RUPEES VS 199B (YOY)

HINDALCO: Q1 SL NET PROFIT 14.7B RUPEES VS 6B (YOY)

JINDAL STAINLESS: CO SAYS APPROVAL COMES AFTER A STRINGENT QUALITY AND CREDENTIALS AUDIT CONDUCTED BY BRAHMOS TO ENLIST JINDAL STAINLESS, HISAR, AS A SUPPLIER FOR ITS CRUISE MISSILES

JINDAL STAINLESS: CO HAS BEEN ACCREDITED BY BRAHMOS AEROSPACE PVT. LTD. AS A QUALIFIED VENDOR FOR THE MANUFACTURING AND SUPPLY OF STEEL SHEETS AND PLATES FROM ITS HISAR PLANT IN HARYANA

NMDC: Q1 EBITDA 25.7B RUPEES VS 19.95B (YOY); EST 20.69B -- Q1 EBITDA MARGIN 47.79% VS 37% (YOY); EST 37.5%

NMDC: Q1 SL NET PROFIT 19.8B RUPEES VS 16.50B (YOY); EST 17.09B - 14.6B (QOQ) -- Q1 REVENUE 53.8B RUPEES VS 53.95B (YOY); EST 55.19B

JSW STEEL: CO SAYS POST TRANSACTION, CO PROPOSES TO ENTER INTO MARKET-LINKED OFFTAKE CONTRACT WITH ILLAWARRA METALLURGICAL COAL -- CO SAYS CONTRACT WITH ILLAWARRA METALLURGICAL COAL FOR PURCHASE OF HARD COKING COAL

JSW STEEL: CO SAYS ACQUISITION OF UP TO 66.67% ECONOMIC INTEREST IN M RES NSW HCC -- DEAL FOR INVESTMENT OF US$ 120M; CO TO FURTHER INVEST US$ 50M IN M RES NSW

NATIONAL ALUMINIUM: Q1 EBITDA 9.34B RUPEES VS 5.95B (YOY) -- Q1 EBITDA MARGIN 32.71% VS 18.72% (YOY)

NATIONAL ALUMINIUM CO: Q1 REVENUE 28.6B RUPEES VS 31.78B (YOY)

NATIONAL ALUMINIUM CO: Q1 CONS NET PROFIT 5.9B RUPEES VS 3.34B (YOY)

HINDUSTAN ZINC: CO SAYS NOT YET SUBMITTED ANY SUCH PROPOSAL TO BOARD -- CO CLARFIES ON REPORT OF RS 60B AS SPECIAL DIVIDEND

VEDANTA: CO CLARIFIES ON NEWS ITEM - CO IS SAID TO PUT USD 2.5 BILLION STEEL BUSINESS SALE ON HOLD - BBG -- CO SAYS THE NEWS IS FACTUALLY INCORRECT - CNBC TV18

JSW STEEL: COS CONSOLIDATED CRUDE STEEL PRODUCTION OF 22.15 LAKH TONNES FOR JULY24 -- CAPACITY UTILISATION AT INDIAN OPS STOOD AT 91% FOR JULY24

SAIL: Q1 EBITDA 22.2B RUPEES VS 16.48B (YOY); 22B EST -- Q1 EBITDA MARGIN 9.25% VS 6.77% (YOY); 9.31% EST

SAIL: CO HAS EXCEPTIONAL ITEM OF 3.1B RUPEES IN Q1 FY25 RESULT -- Q1 PROFIT BEFORE EXCEPTIONAL ITEMS, SHARE OF NET PROFIT OF INVESTMENT ACCOUNTED FOR USING EQUITV METHOD AND TAX SEEN AT 3B VS 2.2B (YOY); 17.9B (QOQ)

SAIL: Q1 CONS NET PROFIT 818M RUPEES VS 2.12B (YOY); 4.31B EST - 11.3B (QOQ) -- Q1 REVENUE 239.97B RUPEES VS 244B (YOY); 237B EST

JINDAL STEEL & POWER: JINDAL STEEL DIVERSIFIES COKING COAL SOURCES TO MITIGATE RISKS AND REDUCE COSTS -- CO SAYS INCORPORATED NEW COKING COAL SUPPLIES FROM AFRICA AND SOUTHEAST ASIA

VEDANTA: ENVIRONMENTAL AND REGULATORY CONCERNS ARE CLOUDING PROCESS -- RECENT $1 BILLION FUNDRAISING HAS REDUCED DEBT LOAD PRESSURE - BBG

VEDANTA: CO IS SAID TO PUT $2.5 BILLION STEEL BUSINESS SALE ON HOLD - BBG

HINDALCO INDUSTRIES: NOVELIS REPORTS FIRST QUARTER FISCAL YEAR 2025 RESULTS -ROLLED PRODUCT SHIPMENTS OF 951 KILOTONNES, UP 8% (YOY) -- ADJUSTED EBITDA PER TONNE SHIPPED OF $525, UP 10% (YOY)

HINDALCO INDUSTRIES: NOVELIS REPORTS FIRST QUARTER FISCAL YEAR 2025 RESULTS - NET INCOME ATTRIBUTABLE TO OUR COMMON SHAREHOLDER OF $151M, DOWN 3% (YOY); NET INCOME ATTRIBUTABLE TO OUR COMMON SHAREHOLDER EXCLUDING SPECIAL ITEMS WAS $204 MILLION, UP 32% (YOY) -- ADJUSTED EBITDA OF $500 MILLION, UP 19% (YOY)

HIND ZINC: CO OFS LIKELY BEFORE FY25 CONCLUDES -- GOVT PLANS TO DILUTE STAKE IN CO IN TRANCHES - CNBC TV18

VEDANTA: CO AIMS TO ACHIEVE NET ZERO CARBON EMISSION BY 2050 -- CO IS INVESTING IN VALUE-ADDED PRODUCTS ACROSS VARIOUS SEGMENTS, INCLUDING ZINC AND ALUMINUM - CONCALL UPDATE

VEDANTA: CO EXPECTS ESL STEEL TO DELIVER USD 500M IN BOTTOM LINE AT 3.5 MILLION TONNES -- CO IS GUIDING FOR AN EXIT RATE OF 130,000-140,000 BARRELS PER DAY BY THE END OF THE FINANCIAL YEAR - CONCALL UPDATE

VEDANTA: CO SAYS PRODUCTION IS EXPECTED TO INCREASE IN THE THIRD AND FOURTH QUARTERS DUE TO ADDITIONAL INFILL DRILLING AND THE START OF PRODUCTION FROM NEW WELLS - CONCALL UPDATE

VEDANTA: CO REAFFIRMED ITS COMMITMENT TO FULL-YEAR GUIDANCE -- CO EXPECTS TO DELIVER EBITDA IN THE REGION OF ABOUT USD 4B FROM ITS ALUMINIUM BUSINESS AT AN LME OF ABOUT USD 2,600 - CONCALL UPDATE

JSW STEEL: CO PLANS NCD ISSUE TO RAISE RUPEES 2,500 CR TO FUND ITS CAPEX PLANS - ET

TATA STEEL: NCLT APPROVES SCHEME OF AMALGAMATION AMONGST CO, INDIAN STEEL & WIRE PRODUCTS

VEDANTA: COS WESTERN CLUSTER LTD (LIBERIA) UPDATE: CO INITIATES A USD 280 MILLION GROWTH PROJECT TO ADD 3 MTPA IRON ORE CAPACITY, FUNDED BY DEBT AND INTERNAL ACCRUALS/EQUITY, TO PRODUCE "GREEN STEEL" WITHIN 18 MONTHS

VEDANTA: COS LANJIGARH REFINERY UPDATE: TRAIN 1 OF THE 1.5 MTPA EXPANSION IS OPERATIONAL, WITH TRAIN II TO INCREASE ALUMINA CAPACITY TO 5 MTPA AT A TOTAL COST OF RS 6,585 CRORES, MAKING IT ONE OF THE LARGEST ALUMINA REFINERY COMPLEXES GLOBALLY

VEDANTA: CO APPROVED CAIRN OIL & GAS CAPEX INVESTMENT TOWARDS INFILL WELLS -- INVESTMENT OF USD 270 MILLION

VEDANTA: Q1 EBITDA 99.45B RUPEES VS 64.20B (YOY) -- Q1 EBITDA MARGIN 27.81% VS 19.25% (YOY)

VEDANTA: Q1 REVENUE 352B RUPEES VS 333B (YOY)

VEDANTA: Q1 CONS NET PROFIT 36.06B RUPEES VS 26.4B (YOY)

JINDAL STEEL & POWER LTD: RS. 74.75 CRORES NSE BLOCK TRADE; FOR ~ 816011 SHARES, AT RS. 916.00

NALCO: CO TO CONSIDER Q1 RESULT & DIVIDEND ON AUGUST 12

HINDUSTAN ZINC: Q1 EBITDA 39.51B RUPEES VS 33.48B (YOY) -- Q1 EBITDA MARGIN 48.60% VS 45.98% (YOY)

HINDUSTAN ZINC: Q1 REVENUE 79B RUPEES VS 71.11B (YOY)

HINDUSTAN ZINC: Q1 SL NET PROFIT 23.6B RUPEES VS 19.6B (YOY)

TATA STEEL: CO CEO SAYS NO CHANGE IN UK JOB CUT PLAN -- CO CEO SAYS EVALUATING SEEKING MORE FUNDING FROM UK GOVT

TATA STEEL: CO CEO SAYS EXPECT DOMESTIC STEEL DEMAND TO PICK UP FROM OCTOBER -- CO CEO SAYS HAVE ASKED GOVT TO LOOK INTO RISING IMPORTS FROM CHINA DIRECTLY AND INDIRECTLY

NMDC: CO SAYS JULY TOTAL SALES 3.06 MT VS 2.91 MT (YOY) -- JULY TOTAL PRODUCTION 2.17 MT VS 2.44 MT (YOY)

COAL INDIA: COS JULY MONTH COAL PRODUCTION SEEN AT 55 MT VS 53.7 MT (YOY) -- OFFTAKE SEEN AT 59.6 MT VS 59.5 MT (YOY)

TATA STEEL: CO MAY NEED TO PAY OVER RS 17,000 CR TO ODISHA GOVT AS MINERALS TAX - MONEY CONTROL

VEDANTA: CO GETS NSE & BSE APPROVAL FOR PROPOSED DEMERGER SCHEME -- TO FILE APPLICATION WITH NCLT TO PROGRESS PURSUIT TOWARDS UNLOCKING VALUE FOR SHAREHOLDERS

TATA STEEL: CO SAYS IN UK, ON TRACK TO CLOSE REMAINING BLAST FURNACE BY SEPT 2024 -- SAFELY CEASED OPERATIONS AT ONE BLAST FURNACE AT PORT TALBOT; WORKING WITH UK GOVT ON GRANT FUNDING PROCESS FOR NEW ELECTRIC ARC FURNACE PROJECT

TATA STEEL: CO SAYS ACQUISITION OF 26% EQUITY STAKE IN TP PARIVART FOR 350M RUPEES -- CO TO INFUSE FUNDS UP TO 60B RUPEES IN NEELACHAL ISPAT NIGAM

TATA STEEL: CO SAYS SCHEME OF AMALGAMATION AMONGST RUJUVALIKA INVESTMENTS, TATA STEEL

SAIL: CO TO CONSIDER Q1 RESULT ON AUG 8

TATA STEEL: Q1 EXCEPTIONAL ITEM SEEN AT 3.6B

TATA STEEL: Q1 EBITDA 56.9B RUPEES VS 51.73B (YOY); EST 63.20B -- Q1 EBITDA MARGIN 10.40% VS 8.70% (YOY); EST 11.1%

TATA STEEL: Q1 CONS NET PROFIT 9.2B RUPEES VS 5.25B (YOY); EST 9.50B - 5.5B (QOQ) -- Q1 REVENUE 548B RUPEES VS 595B (YOY); EST 571B

COAL INDIA: Q1 EBITDA 144.24B RUPEES VS 135.52B (YOY) -- Q1 EBITDA MARGIN 39.56% VS 37.66% (YOY)

COAL INDIA: Q1 REVENUE 364.65B RUPEES VS 359.83B (YOY); EST 359.94B - 374.1B (QOQ)

COAL INDIA: Q1 CONS NET PROFIT 109.59B RUPEES VS 105.28B (YOY); EST 78.8B - 86.82B (QOQ)

DAM CAP ON HINDALCO INITIATE BUY TP OF RS 905 – 35% UPSIDE

VEDANTA: CO RECEIVES GO AHEAD FROM 75% SECURED CREDITORS FOR DEMERGER SCHEME FILING

VEDANTA: CO GETS TAX ASSESSMENT ORDER WITH DEMAND 12.89B RUPEES

JINDAL STAINLESS: CO EXEC- EXPORTS SEEN AT 10-15% OF TOTAL SALES -- CO EXEC- CHINA, VIETNAM BIGGEST CHALLENGE FOR INDUSTRY

JINDAL STAINLESS: CO EXEC- IN TALKS WITH GOVT OVER IMPORTS -- CO EXEC- THIS QUARTER SHOULD SEE SOME SALES TO JAPAN

JINDAL STAINLESS: CO EXEC SAYS SEE EXPORTS PICKING UP GOING AHEAD -- CO EXEC- DUMPING HAPPENING FROM CHINA -- CO EXEC- VERY BULLISH ON DOMESTIC DEMAND

JINDAL STAINLESS: CO EXEC SAYS CONTAINER AVAILABILITY BECOMING AN ISSUE, HITTING EXPORTS‍​ -- CO EXEC- STILL HAVING TO GO VIA CAPE OF GOOD HOPE WHICH IS INCREASING TIME

JINDAL STAINLESS: CO APPROVED RAISING OF FUNDS UPTO 50B RUPEES

JINDAL STAINLESS: Q1 EBITDA 12.1B RUPEES VS 12.25B (YOY) -- Q1 EBITDA MARGIN 12.83% VS 12.03% (YOY)

JINDAL STAINLESS: Q1 REVENUE 94.3B RUPEES VS 101.84B (YOY); 94.54B (QOQ)

JINDAL STAINLESS: Q1 CONS NET PROFIT 6.48B RUPEES VS 7.46B (YOY); 5B (QOQ)

HINDUSTAN ZINC: CO GETS ASSESSMENT ORDER DETERMINING DEMAND OF 11.71B RUPEES -- CO GETS ASSESSMENT ORDER DETERMINING DEMAND FROM THE INCOME TAX DEPT

VEDANTA: CO UNIT VEDANTA NICO INKS PACT FOR SUPPLYING NICKEL TO US-BASED AESIR TECHNOLOGIES - BUSINESS STANDARD

TATA STEEL: CO SAYS ACQUISITION OF EQUITY STAKE IN T STEEL HOLDINGS -- CO HAS ACQUIRED 5.57B EQUITY SHARES OF FACE VALUE USD 0.157 EACH AGGREGATING TO USD 875M (₹7,324.41 CRORE) IN TSHP

HINDUSTAN ZINC: CO SAYS FOR FY25 CO PROJECTS MINED METAL PRODUCTION TO REACH 1,100-1,125KT -- CO SAYS PROJECTS FY25 REFINED METAL PRODUCTION TO REACH 1,075-1,100 KT

APL APOLLO TUBES LTD: RS. 75.34 CRORES NSE BLOCK TRADE; FOR ~ 501766 SHARES, AT RS. 1501.50

VEDANTA LTD: RS. 55.58 CRORES NSE BLOCK TRADE; FOR ~ 1242693 SHARES, AT RS. 447.25

COAL INDIA: CO FIXES AUG.16, 2024 AS RECORD DATE FOR THE PURPOSE OF PAYMENT OF FINAL DIVIDEND OF RS 5 PER SHARE

HINDUSTAN ZINC: CO SAYS GOT TAX ORDER FOR DEMAND OF 18.84B RUPEES -- CO HAS FILED RECTIFICATION APPLICATION BEFORE TAX AUTHORITY

VEDANTA: CO DECLARED INTERIM DIVIDEND OF RS 4 PER EQUITY SHARE

COAL INDIA LTD: RS. 153.75 CRORES NSE BLOCK TRADE; FOR ~ 3021814 SHARES, AT RS. 508.80

JSW STEEL: CO MD SAYS PLAN TO ESTABLISH A GREEN STEEL MANUFACTURING FACILITY - AGM

JINDAL STAINLESS: BOARD MEETING ON JULY 30 TO CONSIDER PROPOSAL FOR RAISING OF FURTHER CAPITAL

VEDANTA: S&P - VEDANTA RESOURCES UPGRADED TO B- FROM CCC+ ON IMPROVING CAPITAL STRUCTURE, LIQUIDITY

HINDUSTAN ZINC: DIPAM SEC SAYS INDIAN GOVT WILL SELL 3 - 5% STAKE IN CO

SAIL: CO TO RAISE FUNDS UPTO 2500 CR RUPEES THROUGH DEBENTURES ISSUE

JINDAL STEEL & POWER: Q1 EBITDA 28B RUPEES VS 26B (YOY) -- Q1 EBITDA MARGIN 20.85% VS 20.79% (YOY)

JINDAL STEEL & POWER: Q1 REVENUE 136B RUPEES VS 125.8B (YOY)

JINDAL STEEL & POWER: Q1 CONS NET PROFIT 13.4B RUPEES VS 17B (YOY)

HINDUSTAN ZINC: CO LAUNCHES ECOZEN, ASIA’S FIRST LOW CARBON ‘GREEN’ ZINC

VEDANTA LTD: RS. 100.58 CRORES NSE BLOCK TRADE; FOR ~ 2290767 SHARES, AT RS. 439.05

HINDALCO INDUSTRIES: CO SUBSIDIARY NOVELIS SAYS IT NOTIFIED AUTOMOTIVE CUSTOMERS IN EUROPE ABOUT FORCE MAJEURE FORCING SHUTDOWN AT SWISS ALUMINIUM PLANT - RTRS

TATA STEEL: BOARD MEETING ON JULY 31 TO CONSIDER Q1 RESULTS

VEDANTA: BOARD MEETING ON JULY 26 TO CONSIDER AND APPROVE THE SECOND INTERIM DIVIDEND ON EQUITY SHARES, IF ANY, FOR THE FINANCIAL YEAR 2024-25

BUDGET 2024: FIN MIN SAYS SCRAPS IMPORT DUTY ON 25 CRITICAL MINERALS ( COS IN FOCUS NMDC )

VEDANTA: CO REGAINS CONTROL OF KONKOLA COPPER MINES IN ZAMBIA -- CO SAYS IT HAS PAID USD 245.75M IN LINE WITH ITS COMMITMENT UNDER THE KCM SCHEME OF ARRANGEMENT

SAIL: BOARD MEETING ON JULY 25 TO CONSIDER AND APPROVE THE ISSUE OF NON-CONVERTIBLE BONDS/DEBENTURES THROUGH PRIVATE PLACEMENT

JINDAL STEEL & POWER LTD: RS. 100.39 CRORES NSE BLOCK TRADE; FOR ~ 1054807 SHARES, AT RS. 951.70

COAL INDIA: CO HAS SUCCESSFULLY OPENED ITS ACCOUNT IN DOMESTIC CRITICAL MINERAL ASSET EMERGING AS THE PREFERRED BIDDER FOR KHATTALI CHOTTI GRAPHITE BLOCK IN MADHYA PRADESH

JSW STEEL: CO EXPECTS THE NEW FACILITIES AT VIJAYANAGAR AND BPSL TO BE RAMPED UP DURING FY 25 -- CO EXPECTS BENEFITS FROM SAVINGS IN RAW MATERIAL COST, INCLUDING LOWER COOKING COAL PRICE, TO IMPROVE STEEL SPREADS FROM CURRENT LEVELS IN Q2 - CONCALL UPDATE

JSW STEEL: CO EXPECTS IMPROVED PERFORMANCE AT THE ITALIAN OPERATIONS IN Q2 -- CO EXPECTS THE RAMP-UP OF THE EXPANSION PROJECT DURING Q3 FY 25 -- CO EXPECTS A CONSOLIDATED CAPEX FOR FY 25 TO BE ABOUT RUPEES 30,000 CR - CONCALL UPDATE

VEDANTA: CO DECLARED PREFERRED BIDDER FOR NICKEL CHROMIUM AND PGE BLOCKS IN KARNATAKA AND BIHAR

COAL INDIA: CO GOT GOVT MINING ORDER FOR GRAPHITE BLOCK FROM MINISTRY OF MINES

JINDAL STEEL: CO SAYS DINESH KUMAR SARAOGI HAD RESIGNED FROM HIS POSITION AS DIRECTOR OF CO

VEDANTA: CO RAISES RS 8,500 CRORE VIA QIP -- ALLOTED 19.3 CRORE SHARES TO QIBS AT RS 440/SHARE -- ISSUE PRICE INDICATES A DISCOUNT OF 4.6% TO THE FLOOR PRICE

JSW STEEL: CO SAYS SLURRY PIPELINE PROJECT TO BE TRANSFERRED TO JSW INFRA AT ABOUT 17B RUPEES

JSW STEEL: CO SAYS Q1 SAW HEAT WAVES AND SLOWER PUBLIC CAPITAL EXPENDITURE -- GOVT SPENDING IS ANTICIPATED TO REBOUND IN COMING QTRS

JSW STEEL: Q1 EBITDA 55.1B RUPEES VS 70.5B (YOY); EST 56.79B -- Q1 EBITDA MARGIN 12.83% VS 16.69% (YOY); EST 13.8%

JSW STEEL: Q1 REVENUE 429.4B RUPEES VS 422B (YOY); EST 412.76B

JSW STEEL: Q1 CONS NET PROFIT 8.45B RUPEES VS 23.38B (YOY); EST 11.49B

JINDAL STEEL & POWER LTD: Rs. 30.18 Crores NSE Block Trade; for ~ 301787 Shares, at Rs. 1000.00

JINDAL STEEL & POWER LTD: Rs. 31.63 Crores NSE Block Trade; for ~ 316336 Shares, at Rs. 1000.00

VEDANTA: CO TO USE RS 8,000-CRORE QIP PROCEEDS TO REPAY OAKTREE, DEUTSCHE, UNION BANK - MONEYCONTROL

APL APOLLO TUBES LTD: RS. 79.03 CRORES NSE BLOCK TRADE; FOR ~ 509879 SHARES, AT RS. 1550.00

VEDANTA: CO APPROVED FLOOR PRICE FOR QIP ISSUE AT 461.26 RUPEES PER SHARE

JINDAL STEEL & POWER: CO TO CONSIDER Q1 RESULTS ON JULY 24

APL APOLLO TUBES LTD: RS. 185.57 CRORES NSE BLOCK TRADE; FOR ~ 1220629 SHARES, AT RS. 1520.25

HINDALCO: CO APPROVED A PROPOSAL FOR SALE OF LAND SITUATED AT KALWA, MAHARASHTRA -- CO SAYS 595 CRS TO BE RECEIVED IN MULTIPLE TRANCHES OVER A PERIOD OF TIME AND 1.5% OF THE SALES REVENUE

STEEL AUTHORITY OF INDIA LTD: RS. 82.81 CRORES NSE BLOCK TRADE; FOR ~ 5429211 SHARES, AT RS. 152.52

JSW STEEL: FITCH AFFIRMS JSW STEEL AT BB; OUTLOOK STABLE -- FITCH RATINGS AFFIRMED JSW STEEL LONG-TERM ISSUER DEFAULT RATING AT BB WITH A STABLE OUTLOOK

TATA STEEL: FITCH REVISES OUTLOOK ON TATA STEEL TO NEGATIVE FROM STABLE; AFFIRMS AT BBB-

COAL INDIA: CO HAS TAKEN STEPS TO EASE THE NORMS IN E-AUCTIONS LIKE LOWERING THE EARNEST MONEY DEPOSIT (EMD) AND RAMPING UP THE QUANTITIES OFFERED UNDER THE AUCTION HAMMER

COAL INDIA: CO TO TWEAK ITS E-AUCTION NORMS

HINDUSTAN ZINC: CO RECEIVES RENEWABLE POWER FROM SERENTICA’S 180 MW SOLAR PROJECT -- CO SIGNED A POWER DELIVERY AGREEMENT IN FY2022-23 FOR SOURCING 450 MW THAT WILL HELP MITIGATE 2.7 MN MT OF CARBON EMISSIONS

VEDANTA: CO TO ISSUE 8000CR VIA QIP - CNBCTV18

VEDANTA: CO APPROVED ALLOTMENT OF NCDS WORTH 1000 CR RUPEES VIA PRIVATE PLACEMENT

STEEL AUTHORITY OF INDIA LTD: RS. 160.24 CRORES NSE BLOCK TRADE; FOR ~ 10582282 SHARES, AT RS. 151.42

NMDC STEEL: CO AT ADVANCED STAGES OF STRATEGIC SALE, AWAIT NOD FROM PMO - MC

JSW STEEL: CO SAYS CAPACITY UTILISATION AT INDIAN OPERATIONS STOOD AT 87% FOR Q1 FY25

JSW STEEL: CO REPORTED CONSOLIDATED CRUDE STEEL PRODUCTION FOR THE FIRST QUARTER OF FY 2024-25 AT 6.35M TONNES -- CRUDE STEEL PRODUCTION WAS LOWER BY 1% (YOY) AND 6% (QOQ) MAINLY DUE TO A PLANNED MAINTENANCE SHUTDOWNS

APL APOLLO TUBES LTD: Rs. 26.53 Crores NSE Block Trade; for ~ 170127 Shares, at Rs. 1559.45

TATA STEEL: CO SAYS U.K. LIQUID STEEL PRODUCTION AT 0.68 MILLION TONNES, DOWN 20% (YOY) -- U.K. DELIVERIES AT 0.69 MILLION TONNES, DOWN 8% (YOY)

TATA STEEL: CO SAYS INDIA DELIVERIES AT 4.94 MILLION TONNES, UP 3% (YOY) -- INDIAN BUSINESS SAW BEST EVER Q1 SALES

TATA STEEL: COS APRIL-JUNE CRUDE STEEL PRODUCTION AT 5.25 MLN T, UP 5% (YOY)

SAIL: STEEL EXECUTIVES FEDERATION OF INDIA (SEFI) HAS URGED THE STEEL MINISTRY TO MERGE STATE-RUN RASHTRIYA ISPAT NIGAM LIMITED (RINL), FERRO SCRAP NIGAM LIMITED (FSNL) AND NAGARNAR STEEL PLANT WITH THE CO, BRINGING TOGETHER THE EXPERTISE OF EACH OF THESE FIRMS TO FORM A MEGA PUBLIC SECTOR UNDERTAKING

HINDALCO INDUSTRIES: CO SUPPORTS A RECOMMENDATION TO IMPOSE ANTI-DUMPING DUTIES ON IMPORTS OF ANODIZED ALUMINUM FRAMES FOR SOLAR PANELS FROM CHINA FOR FIVE YEARS

VEDANTA: THE AUTHORITY HAS INITIATED A SUNSET REVIEW INVESTIGATION OF COUNTERVAILING DUTY ON IMPORTS OF CONTINUOUS CAST COPPER WIRE ROD FROM INDONESIA, MALAYSIA, THAILAND, AND VIETNAM, EMPHASIZING THE CONDITIONS FOR CONFIDENTIALITY AND THE NECESSITY FOR PARTIES TO SHARE NON-CONFIDENTIAL INFORMATION TO AVOID BEING CONSIDERED NON-COOPERATIVE.

HINDALCO INDUSTRIES: THE AUTHORITY HAS INITIATED A SUNSET REVIEW INVESTIGATION OF COUNTERVAILING DUTY ON IMPORTS OF CONTINUOUS CAST COPPER WIRE ROD FROM INDONESIA, MALAYSIA, THAILAND, AND VIETNAM, EMPHASIZING THE CONDITIONS FOR CONFIDENTIALITY AND THE NECESSITY FOR PARTIES TO SHARE NON-CONFIDENTIAL INFORMATION TO AVOID BEING CONSIDERED NON-COOPERATIVE.

TATA STEEL: CO SAYS NCLT PRONOUNCED THE ORDER APPROVING AND SANCTIONING THE SCHEME OF AMALGAMATION OF CO AND ANGUL ENERGY LIMITED

VEDANTA: CO SAYS MINED METAL PRODUCTION IN Q1 UP 2% (YOY) -- ALUMINIUM PRODUCTION UP 3% (YOY) IN Q1 -- OIL & GAS GROSS PRODUCTION DOWN 17% (YOY) IN Q1

NALCO: INDIAS JAMMU AND KASHMIR LITHIUM BLOCK MINING RIGHTS GET NO BIDS - RTRS

NMDC: INDIAS JAMMU AND KASHMIR LITHIUM BLOCK MINING RIGHTS GET NO BIDS - RTRS

APL APOLLO TUBES LTD: RS. 78.73 CRORES NSE BLOCK TRADE; FOR ~ 496079 SHARES, AT RS. 1587.05

HINDUSTAN ZINC: CO SAYS Q1 REFINED METAL PRODUCTION AT 262 KT, UP 1% (YOY) -- MINED METAL PRODUCTION IN Q1FY25 UP 2% (YOY)

HINDUSTAN ZINC: CO DELIVERED HIGHEST EVER FIRST QUARTER MINED METAL & REFINED METAL PRODUCTION -- Q1 SALEABLE SILVER PRODUCTION AT 167 TONNES, DOWN 7% (YOY)

HINDUSTAN ZINC: CO AIM FOR COST OF PRODUCTION IN $ 1,050-$ 1,100 PER TON IN FY24-25 - ANNUAL REPORT

NATIONAL ALUMINIUM: INDIAS STATE-OWNED KABIL CEO - PURSUING LITHIUM AND COBALT SUPPLIES FROM ARGENTINA, AUSTRALIA

NATIONAL ALUMINIUM: INDIA MINES OFFICIAL - IN TALKS WITH AUSTRALIA FOR CRITICAL MINERALS -- MAY HAVE TO FAST TRACK CLEARANCE FOR DOMESTIC CRITICAL MINERALS BLOCKS -- IN TALKS WITH AFRICA, LATIN AMERICA FOR GETTING CRITICAL MINERALS BLOCKS ON GOVT TO GOVT BASIS

National Aluminium: INDIA MINES OFFICIAL - KABIL IN PROCESS OF SETTING UP IN ARGENTINA TO START EXPLORATION

TATA STEEL: CO SAYS TATA STEEL UK HAS RECEIVED CONFIRMATION OF SUSPENSION OF PROPOSED STRIKE ACTION FROM UNITE UNION

TATA STEEL: TATA STEEL SPOKESPERSON SAYS WE WILL HALT PREPARATIONS FOR EARLY CLOSURE OF BLAST FURNACES IN UK AFTER WORKERS UNION UNITE SUSPEND STRIKE ACTION - RTRS

TATA STEEL: CO SAYS BHUBANESHWAR POWER STANDS DISSOLVED WITHOUT BEING WOUND UP, EFFECTIVE JULY 1

TATA STEEL: UKS UNITE SAYS CONFIRMED CURRENT INDUSTRIAL ACTION AT TATA IN SOUTH WALES HAS BEEN PAUSED -- UKS UNITE SAYS TATA TO ENTER INTO NEGOTIATIONS ABOUT FUTURE INVESTMENT FOR OPERATIONS & NOT JUST REDUNDANCIES, IN SOUTH WALES, INCLUDING AT PORT TALBOT

TATA STEEL: TATA STEEL WORKERS IN UK SUSPEND STRIKE ACTION - PA MEDIA CITING UNITE UNION

NMDC: CO SAYS PRICE OF LUMP ORE (65.5%, 10-40MM) FIXED AT 5,950 RUPEES PER TON -- CO SAYS PRICE OF FINES (64%,-10MM) AT 5,110 RUPEES PER TON

NMDC: CO SAYS JUNE TOTAL SALES 3.73 MT VS 4.10 MT (YOY) -- JUNE TOTAL PRODUCTION 3.37 MT VS 3.48 MT (YOY)

NMDC: APRIL - JUNE IRON ORE SALERS DOWN 9.7% (YOY) AT 10.07MT - ZEE BUSINESS

NMDC: APR JUNE IRON ORE OUTPUT DOWN 14% (YOY) AT 9.19MT - ZEE BUSINESS

APL APOLLO TUBES: CO ACHIEVES HIGHEST RECORD SALES VOLUME IN Q1FY25 OF 7,21,064 TONS VS 6,61,501 TONS (YOY)

COAL INDIA: CO HAVE SUFFICIENT BUFFER TO MEET ANY SUDDEN GUSH IN DEMAN

COAL INDIA: COS INVENTORY AT COS PITHEADS STOOD AT 81.5 MTS AT JUNE END

COAL INDIA: COS JUNE OFFTAKES SEEN AT 197MT VS 186.8MT (YOY)

COAL INDIA: COS JUNE COAL PRODUCTION SEEN AT 63.1MT VS 58MT (YOY)

NMDC: CUTS IRON ORE PRICE BY 500 RS PER TONS FOR JULY

VEDANTA: TO REGAIN ACCESS, CO MUST PAY US$ 250 MILLION TO SETTLE KCMS DEBTS AND INVEST US$ 1 BILLION OVER FIVE YEARS - ET NOW

VEDANTA: VEDANTA RESOURCES LTD. WILL REGAIN CONTROL OF ZAMBIAS KONKOLA COPPER PROJECT AFTER A LUSAKA COURT IN ZAMBIA APPROVED A DEBT SETTLEMENT PLAN - ET NOW

TATA STEEL: CO CONVERTS DEBT HOLDING OF $565M IN UNIT T STEEL HOLDINGS INTO EQUITY

TATA STEEL: UNITE UNION IS CONSIDERING ALLOWING SOME OF ITS WORKERS TO KEEP WORKING TO ENSURE SAFE OPERATION OF FURNACES AT TATA STEELS PORT TALBOT PLANT- FT

TATA STEEL: UNION HOLDS TALKS WITH TATA STEEL IN PUSH TO AVERT EARLY PORT TALBOT CLOSURE - FT

NMDC: NUVAMA EXPECTS LOWER FALL IN PRICES SWING TO HIGHER DEMAND AND LOWER SUPPLY IN THE MARKET - ET NOW

NMDC: NUVAMA EXPECTS PRICES TO BE CUT BY ONLY RUPEES 350-400/TN VS MARKET EXPECTATIONS OF RUPEES 700-800/TN - ET NOW

NMDC: NUVAMA EXPECTS COS PRICE ARE AT DISCOUNT OF 20 - 25% TO LANDED COST OF IMPORTS VS AVERAGE OF 40%+ EARLIER - ET NOW

HINDALCO: BOARD MEETING ON AUG 13 TO CONSIDER Q1 RESULTS

TATA STEEL: TATA STEEL IS UNFORTUNATELY FORCED TO COMMENCE LEGAL ACTION TO CHALLENGE VALIDITY OF UNITES BALLOT - SPOKESPERSON

TATA STEEL: TATA STEEL IN UK IS TO TAKE STEPS TO CEASE OPERATIONS AT ITS STEEL PLANT IN PORT TALBOT BY JULY 7, EARLIER THAN PLANNED, BECAUSE OF A STRIKE BY UNITE, WORKERS HAVE BEEN TOLD - PA MEDIA

VEDANTA LTD: Rs. 27.99 Crores NSE Block Trade; for ~ 627703 Shares, at Rs. 445.95

TATA STEEL: CO ACQUIRED 1,25,00,000 EQUITY SHARES OF FACE VALUE ₹10/- EACH AGGREGATING TO ₹12.5 CRORE IN INDIAN FOUNDATION FOR QUALITY MANAGEMENT

JSW STEEL: CO SAYS INVESTMENTS WILL ENABLE PRODUCTION OF MONOPILE STEEL PLATES

JSW STEEL: JSW STEEL USA TO INVEST USD 110M TO UPGRADE BAYTOWN, TX MANUFACTURING OPERATIONS

JINDAL STAINLESS: BOARD MEETING ON JUNE 27, 2024, TO CONSIDER SECURING ITS EXISTING 990 RATED, LISTED, UNSECURED, REDEEMABLE, NON-CONVERTIBLE DEBENTURES, AGGREGATING RS. 99 CRORES, BY PROVIDING ASSET-BACKED SECURITY

HINDALCO INDUSTRIES LTD: RS. 66.56 CRORES NSE BLOCK TRADE; FOR ~ 972757 SHARES, AT RS. 684.25

TATA STEEL LTD: Rs. 17.67 Crores NSE Block Trade; for ~ 1003697 Shares, at Rs. 176.05

TATA STEEL: CO SAYS DISAPPOINTED AT UNITE UNIONS UK STRIKE ACTION PLANS -- CO SAYS IF THE SAFETY AND STABILITY OF OUR OPERATIONS ARE PUT AT RISK BY THIS ACTION, WE WILL BE FORCED TO ACCELERATE PLANT CLOSURE PLANS

TATA STEEL: TATA STEEL WORKERS IN UK TO BEGIN INDEFINITE STRIKE ACTION ON JULY 8 - UNITE UNION

TATA STEEL: UKS UNITE - TATA WORKERS CALL FIRST STRIKES IN 40 YEARS TO STOP STEEL DESTRUCTION -- UKS UNITE: AROUND 1,500 TATA WORKERS BASED IN PORT TALBOT AND LLANWERN WILL BEGIN ALL-OUT INDEFINITE STRIKE ACTION

VEDANTA: ANIL AGARWAL LIKELY TO SELL A 2.5% STAKE IN VEDANTA - ET

COAL INDIA: INDIA COAL MINISTER SAYS COAL PRODUCTION TARGET FOR 2024-2025 IS 1 BILLION METRIC TONNES

HINDUSTAN ZINC: CO WILL BE THE PREFERRED SUPPLIER OF ZINC FOR THE US-BASED COMPANY

HINDUSTAN ZINC: CO AND US-BASED AESIR TECHNOLOGIES JOIN HANDS FOR DEVELOPING ZINC BATTERIES

NMDC: IRON ORE PRICES COULD BE DECREASING NEXT MONTH - ET NOW

JINDAL STAINLESS: CO SUPPLIES STAINLESS STEEL TO PRODUCE 100 ‘MADE IN INDIA’ FREIGHT WAGONS FOR MOZAMBIQUE

VEDANTA: CO APPROVED RAISING OF FUNDS VIA NCDS ON A PRIVATE PLACEMENT BASIS AGGREGATING UPTO 1,000 CR RUPEES

HIND ZINC: CO EXEC SAYS ZINC PRODUCTION IS AROUND 1.2M TONNES CURRENTLY WHICH WILL BE INCREASE TO 2M TONNES - CNBC TV 18

VEDANTA: CO EXEC SAYS FOCUS IS TO CREATE 6 LISTED GROUP COMPANIES & SCALE THEM UP - CNBC TV 18

VEDANTA: CO EXEC SAYS OPTIMISTIC THAT DEMERGER WILL GET COMPLETED IN FY 25 AS APPROVALS ARE UNDERWAY - CNBC TV 18

VEDANTA: CO EXEC SAYS GROUP IS FOCUSED ON EBITDA TARGET OF 10B USD - CNBC TV18

COAL INDIA: CO HAS AWARDED 23 CLOSED AND DISCONTINUED UNDERGROUND MINES TO PRIVATE SECTOR BIDDERS ON A REVENUE-SHARING MODEL TO TAP LATENT COAL RESERVES

COAL INDIA: CO TO TAP COAL FROM ABANDONED UG MINES THROUGH PRIVATE OPERATORS

NMDC: CO SETS UP NEW R&D CENTRE IN HYDERABAD TO INNOVATE IN MINERAL PROCESSING, SUSTAINABLE STEEL TECH - TOI

VEDANTA: CO SASYS SETS PRODUCTION TARGET OF 2.5 MTPA OF SALEABLE ORE FOR BOMI MINE IN LIBERIA FOR FY 2024-25 -- SETS PRODUCTION TARGET OF 2.5 MTPA OF SALEABLE ORE FOR BOMI MINE IN LIBERIA FOR FY 2024-25 - ANNUAL REPORT

VEDANTA: CO TO INCREASE HOT METAL STEEL PRODUCTION CAPACITY FROM 1.7 MTPA TO 3.5 MTPA BY FY 2024-25 -- DISCUSSIONS WITH CREDITORS FOR DEBT ALLOCATIONS ARE ONGOING OVER PROPOSED DEMERGER OF BUSINESSES - ANNUAL REPORT

VEDANTA: CO SAYS TWO NEW THERMAL POWER PROJECTS —MEENAKSHI, ATHENA TO COMMENCE OPERATIONS IN FY 2024-25, FY 2025- 26 -- GAMSBERG PHASE 2 PROJECT IS TARGETED TO BE COMPLETED BY H1 FY 2024-25- ANNUAL REPORT

VEDANTA: CO SAYS HINDUSTAN ZINC PROJECTS 20% (YOY) RISE IN DOMESTIC ZINC SALES FOR FY 2024-25 -- HAVE PLANS TO OPERATIONALISE CAPTIVE COAL BLOCKS OF RADHIKAPUR (WEST), KURALOI NORTH IN FY 2024-25 - ANNUAL REPORT

VEDANTA: CO SAYS HINDUSTAN ZINC PROJECTS 20% (YOY) RISE IN DOMESTIC ZINC SALES FOR FY 2024-25 -- HAVE PLANS TO OPERATIONALISE CAPTIVE COAL BLOCKS OF RADHIKAPUR (WEST), KURALOI NORTH IN FY 2024-25 - ANNUAL REPORT

VEDANTA: CO SAYS HINDUSTAN ZINC PROJECTS 20% (YOY) RISE IN DOMESTIC ZINC SALES FOR FY 2024-25 -- HAVE PLANS TO OPERATIONALISE CAPTIVE COAL BLOCKS OF RADHIKAPUR (WEST), KURALOI NORTH IN FY 2024-25 - ANNUAL REPORT

VEDANTA: CO SAYS CAPEX OF US$ 1.9 BILLION IS ENVISAGED IN THE UPCOMING FISCAL YEAR -- DEVELOPMENT OF 9 MTPA SIJIMALI BAUXITE MINE IS PROGRESSING WELL, WITH INITIAL PRODUCTION EXPECTED IN Q3 FY 2024-25- ANNUAL REPORT