Tata Steel anticipates improved margins this fiscal year, driven by higher steel prices and domestic volume growth, alongside ongoing cost savings. However, escalating raw material expenses and European operational challenges may temper this expansion. The company expects a significant increase in Indian realisations, partly due to renewed automotive contracts, while managing rising input costs and geopolitical freight pressures.
LME approves Adani’s major copper smelter in India as listed brand
The London Metal Exchange has approved Adani Copper for delivery against its contracts, enabling warrant issuance from July 10. Produced by Adani Enterprises’ Kutch Copper