Steel shares gain on China economy hopes

Tags: Companies
Indian steel companies' shares gain, with Tata Steel Ltd up 2.2 percent on optimism ahead of China manufacturing PMI due on Friday.

Chinese steel and iron ore futures rose to their highest in more than a week.

Jindal Steel and Power Ltd gains 1.8 percent, and JSW Steel Ltd is up 0.65 percent. Sesa Sterlite Ltd is up 0.98 percent.

EDITORIAL OF THE DAY

  • Right to reveal

    Delhi is India’s first state to announce a scheme for witness protection. But what about the witnesses in other states?

FC NEWSLETTER

Stay informed on our latest news!

INTERVIEWS

Sarthak Raychaudhuri

vice-president, HR, Asia South Whirlpool of India

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs

TODAY'S COLUMNS

Urs Schoettli

New masters of the Financial Times

A few days ago, Japan’s leading financial daily Nihon Keizai ...

Anuja Sharma

Focus mindfully to get the result

Have you ever tried to light a fire using the ...

Gautam Gupta

Our fashion schools need to notch it up

“Creativity is the key to success and primary education is ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture