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Severfield-Rowen inks another Indian JV20-NOV-09
British structural steel major Severfield-Rowen today announced that it has signed second joint venture in India to establish a structural metal decking ompany in Mumbai and Bellary (Karnataka). Based in Thirsk, Yorkshire, the company has reached an agreement between JSW Severfield Structures and SMD Asia.
JSW Steel, state govt script a sunny land takeover story20-NOV-09
JSW Bengal Steel, the 10-million tonne steel project from the JSW Steel stable, is one of the few mega greenfield projects in the country — which would add 67 million tonnes in two years — to be sitting on 4,800 unencumbered acres.
Japanese major, JSW Steel plan mutual shareholding20-NOV-09
Sajjan Jindal-promoted JSW Steel is collaborating with JFE Steel Corporation, the world's sixth biggest and Japan's second largest steelmaker, for a manufacturing and mutual shareholding agreement.
JSW Steel: A Japanese connection20-NOV-09
Since the foreign partner isn’t buying equity in JSW Steel, there’s no reason for a re-rating.
JSW Steel up 7%06-NOV-09
The stock rose 7.34 per cent to Rs 774, after the company reported its crude steel production rose 34 per cent to 453,000 tonnes in October 2009 over the same period last year.
ArcelorMittal in talks with Jharkhand for Chiria mines05-NOV-09
Global steel major ArcelorMittal, which has lined up Rs 1 lakh crore investments for India, said today it is in the race for a chunk of the mineral-rich Chiria mines in Jharkhand.
Tata Steel cuts prices of flat products by 4%05-NOV-09
Tata Steel has reduced flat steel products prices 4 per cent on account of a weakening global trend. The new prices will be effective November 1. Prices of long products will remain unchanged.
India Inc making up for lost time in raising funds26-OCT-09
The lull has given way to a storm. After a year of waiting on the sidelines, India Inc is raising money with a vengeance. In the last four months alone, companies have raised nearly Rs 90,000 crore in equity and debt. And the party looks set to be a long one, with companies planning to raise another Rs 100,000 crore in the next six months.
JSW Steel may abandon Mozambique coal mines24-OCT-09
JSW Steel plans to abandon its coal mining project in Mozambique because of higher than expected ash content in the coking coal.
India's steel consumption up by 5.7% in April-Sep period14-OCT-09
India's steel consumption rose by 5.7 per cent to 26.49 million tonnes in the first six months of the current fiscal over the same period a year ago on account of improved demand from sectors like automobile and consumer durables.
JSW to set up 10 power plants in Barmer07-OCT-09
JSW Energy will set up 10 power plants with a capacity of 1,350 mega watt (Mw) in all, in Rajasthan's Barmer district.
'A recovery has started in the steel industry'01-OCT-09
The steel industry, especially the flat products segment, is seeing green shoots after a 60 per cent drop from peak levels last year (till December). In an interview with Ishita Ayan Dutt, JSW Steel’s Joint Managing Director and Group Chief Financial Officer Seshagiri Rao discusses the current demand scenario and the status of the company’s projects.
SAIL may not hike steel prices next month25-SEP-09
State-run steel maker SAIL may not hike steel prices next month as it sees a downward trend in the international market, especially China.
JSW Steel seeks iron ore mine in Karnataka20-SEP-09
Jindal South West Steel Limited (JSW Steel Ltd), the flagship company of the JSW Group, is seeking allotment of a captive iron ore mine in the iron ore-rich Bellary-Hospet region of north Karnataka. The company has applied to the state government and is waiting for the grant of the mining lease.
UBS sets Sensex target at 20,00031-AUG-09
India's Bombay Stock Exchange Sensitive Index may rise to 20,000 by March 2011, helped by a recovery in the economy and company earnings, UBS AG said.
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