By Neha Arora and Aditya Kalra NEW DELHI, Jan 23 (Reuters) - Four major Indian steelmakers - Tata Steel, JSW Steel and state-run SAIL and RINL - disclosed their pricing plans to rivals and coordinated ...
The CCI probe into the steel industry began in 2021 after builders alleged nine firms colluded to restrict steel supply and hike prices in a criminal case ...
JSW Steel reported a 235% YoY jump in consolidated profit to Rs 2,410 crore in Q3FY26, driven by higher volumes and lower ...
JSW Steel Ltd. has reported 7.26 million tonnes of consolidated crude-steel production for the first quarter of financial year 2026, a 5% decline compared to the previous quarter but a 14% rise ...
CCI probes alleged cartelisation in the steel sector as major producers including Tata Steel, JSW, SAIL and RINL face ...
Consolidated steel sale volume for Q3FY26 stood at 7.64 million tonnes, higher by 14% over Q3FY25. Domestic sales at 6.59 million tonnes increased 10% annually. Exports at 0.84 million tonne increased ...
Nomura upped it target on JSW Steel to Rs 1,340 from Rs 1,300 earlier. It suggested a target of Rs 215 on Tata Steel and Rs 1 ...
JSW Steel secures ₹29,000 crore from BPSL slump sale, showing resilience amid pricing pressures and strong operational ...
The companies account for 44.4% of India’s steel market, and were colluding from 2018 to 2023 Read more at The Business Times.
Antitrust probe reveals Tata, JSW, SAIL, and RINL colluded on steel prices through WhatsApp chats and coordinated production cuts.
India’s competition watchdog linked Tata Steel, JSW Steel, SAIL and RINL to alleged price coordination and production cuts using WhatsApp chats and production data, Reuters reported.