Data Processing and Outsourced Services

Steel Connect

Steel Connect released FY2025 Q1 earnings on December 12, 2024 (EST), with actual revenue of 50,487,000 USD and EPS of 0.07 USD

Steel Connect released FY2024 annual earnings on November 6, 2024 (EST) with actual revenue of 174,109,000 USD and EPS of 3.1113

Steel Connect released FY2024 Q4 earnings on November 6, 2024 (EST) with actual revenue of 45.869 million USD and EPS of 0.2325

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Liminatus Pharma

Agape ATP

Tradr 2X Long QBTS Daily ETF

Defiance Daily Target 2X Long RGTI ETF

Tradr 2X Long RGTI Daily ETF

Sunshine Biopharma

Infleqtion

Defiance 2X Daily Long Pure Quantum ETF

Wheeler Real Estate

STCN

NFTY

India's steel market is projected to grow significantly, solidifying its position as the world's second-largest crude steel producer with an output of 164 MT in FY25. Domestic consumption is expected to rise from 144 MT in 2024 to 257 MT by 2033, driven by a USD 1.4 trillion National Infrastructure Pipeline. Major investments exceeding USD 20 billion are announced by key players like JSW and Tata. The overall steel market is valued at USD 102.67 billion in 2024, forecasted to reach USD 166.96 billion by 2030, with a CAGR of 8.28%.

prnewswire

Worthington Steel

First Trust India Nifty 50 Equal Weight

POSCO

02:34 ETSteel Demand Is Rising Across Sectors with Market Size Exceeding USD 1.7 Trillion, Market Decipher

ASTL

Make it in the Emirates 2026 has announced EMSTEEL Group as the Metals & Fabrication Sector partner. This partnership emphasizes EMSTEEL's leadership in sustainable steel solutions and infrastructure development. The event, hosted by the Ministry of Industry and Advanced Technology, will take place from May 4-7, 2026, at ADNEC Centre, Abu Dhabi. EMSTEEL will showcase its innovations and participate in discussions on industrial partnerships and sustainability, reinforcing its role in the UAE's industrial growth and economic diversification.

Zawya

Algoma Steel

ZAWYA: Make it in the Emirates 2026 announces EMSTEEL as the Metals & Fabrication Sector partner

VISA Steel boosts equity base with fresh warrant conversion

Tip Ranks

VISA Steel boosts equity base with fresh warrant conversion

STLD

PICK

Anand Rathi has upgraded Tata Steel to 'Buy', citing strong global pricing trends and a positive earnings outlook. The brokerage expects margin expansion driven by firm European pricing and robust domestic demand, raising Ebitda estimates for FY26, FY27, and FY28. The target price is revised to ₹240, indicating a 24% upside from the current price of ₹193. Tata Steel's UK operations are expected to break even by FY27, while domestic capacity is projected to reach 40 million tonnes. Key risks include sustained losses in UK operations and potential delays in domestic capex.

Business Standard

Steel Dynamics

ISHRS MSCI Glb Slct Met & Mining

VanEck Steel ETF

Anand Rathi upgrades Tata Steel to 'Buy' on strong outlook; sees 24% upside

NDIA

SAUD

Coal India Limited (CIL) plans to invest ₹3,300 crore in establishing eight new coking coal washeries to enhance domestic coal quality and reduce imports for the steel sector. The facilities, expected to be operational by FY2030, will have a combined capacity of 21.5 million tonnes per year. CIL will also invest ₹300 crore in modernizing existing washeries and is pursuing asset monetisation. Collaborating with Tata Steel, CIL aims to improve the supply of higher-quality coking coal, ultimately enhancing the competitiveness of the domestic steel industry.

Global X India Active ETF

Steel Authority of India Limited Sponsored GDR RegS

CIL to invest ₹3,300 crore in 8 coking coal washeries to cut imports

FMTL

Rising geopolitical tensions in West Asia are impacting metal companies, pushing up steel prices while posing risks for gas-dependent operations. Nifty Metal index fell 1.6%, with 14 out of 15 stocks trading lower. Hot rolled coil prices rose 14% Q-T-D, while rebar prices increased 7%. Gas-linked steelmakers face operational pressures due to disruptions in LNG supplies. Integrated players like Tata Steel remain relatively insulated, though downstream operations may be affected. Despite near-term volatility, Axis Securities maintains a constructive medium-term outlook for the metals sector, recommending a 'buy on dips' strategy.

First Trust Indxx Critical Metals ETF

ISHRS S&P Glb Materials

Spdr Material

How is West Asia conflict impacting metal companies? Axis Sec decodes

JSW Steel, India's largest steel producer, has secured rights to develop a coal mine in Mozambique's Tete province. This acquisition provides access to a vital raw material for steel production, enhancing the company's resource base and manufacturing operations. Tete province is recognized for its rich coal deposits, making it a strategic site for JSW Steel's expansion and aligning with its strategy to secure key resources and improve production capabilities.

CoinLive

JSW Steel Secures Coal Mine Development Rights in Mozambique

IIIN

Tree Island Steel reported its financial results for the year ended December 31, 2025, with revenues of $161.8 million, down from $207.0 million in 2024. The decline was attributed to lower U.S. sales volumes due to tariffs and withdrawal from unprofitable product lines, despite growth in Canadian sales. Gross profit fell to $9.5 million, and adjusted EBITDA decreased to $3.0 million. The company implemented cost-management initiatives, including a 27% workforce reduction, and suspended dividends for 2026 due to economic uncertainty.

GlobeNewswire

Insteel Industries

Tree Island Steel Announces Full Year 2025 Results

Steel Connect(STCN.US)

02:34 ETSteel Demand Is Rising Across Sectors with Market Size Exceeding USD 1.7 Trillion, Market Decipher

ZAWYA: Make it in the Emirates 2026 announces EMSTEEL as the Metals & Fabrication Sector partner

VISA Steel boosts equity base with fresh warrant conversion

Anand Rathi upgrades Tata Steel to 'Buy' on strong outlook; sees 24% upside

CIL to invest ₹3,300 crore in 8 coking coal washeries to cut imports

How is West Asia conflict impacting metal companies? Axis Sec decodes

JSW Steel Secures Coal Mine Development Rights in Mozambique

Tree Island Steel Announces Full Year 2025 Results