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Maoist hindering land acquisition for Tata steel project: Raman21-NOV-09
Chhatisgarh Chief Minister Raman Singh today said Maoists are hindering acquisition of land for Tata Steel's proposed five million tonne integrated greenfield steel plant in the state.
Tata Steel to invest Rs 1,100 cr to up ore output17-NOV-09
Tata Steel, the world’s sixth largest steel maker, is raising its annual iron ore production by 55 per cent to 17 million tonnes in India over the next two years. The expansion is expected to cost about Rs 1,100 crore.
SAIL cuts steel prices by Rs 500 per tonne16-NOV-09
State-run steel maker Steel Authority of India (SAIL) today cut prices of some of its products, used primarily by the automobile and the white goods industry, by a further Rs 500 a tonne mainly on weak global demand.
Essar completes Shree Precoated Steels buyout11-NOV-09
Ruias-promoted Essar Steel today said it has completed the acquisition of steel assets of Shree Precoated Steels of the Ajmera Group, at a consideration of about Rs 1,200 crore.
JSW Steel output up 34% to 4.5 lakh tonnes05-NOV-09
JSW Steel, the country's largest private sector steel maker by domestic capacity, today said its production rose by 34 per cent to 4.53 lakh tonnes in October on account of robust demand.
Tata Steel to revive production capacity at Corus04-NOV-09
Tata Steel today said its European subsidiary Corus will be able to meet full capacity utilisation by the end of the current fiscal, riding on revival in global demand.
ArcelorMittal in talks with Jharkhand govt for Chiria ores04-NOV-09
Global steel major ArcelorMittal, which has lined up Rs 1 lakh crore investments for India, said today it is in race for a chunk of the mineral-rich Chiria mines in Jharkhand.
Strike hits work in Rourkela Steel Plant31-OCT-09
The two-day all India strike launched by the CITU has affected normal work and steel production in the Rourkela Steel Plant (RSP) here.
Orissa to access local mood before Lee visit to Posco site23-OCT-09
The Orissa government today said it would assess the local situation in the trouble-hit site for Posco's proposed Rs 50,000-crore steel plant before allowing South Korean President Lee Myung-bak to visit the place in January.
SAIL pays final dividend of Rs 460 cr to govt21-OCT-09
The Steel Authority of India Ltd (SAIL) today paid Rs 460.81 crore to the government as final dividend for the last financial year.
Centre to hear concerns of ArcelorMittal, Posco, Orissa19-OCT-09
A meeting of officials of the Orissa government, ArcelorMittal and Posco will be held this week to clear the hurdles delaying investment of around Rs one lakh crore in the state by the two global steel giants.
Worst over for steel industry; optimistic about BRIC: Mittal13-OCT-09
Asserting that the worst is over for the global steel industry, steel tycoon Lakshmi Mittal expressed optimism about emerging markets’ recovery, including India, but is cautious about the prospects in the developed world.
Worst over for steel industry; optimistic about BRIC: Mittal12-OCT-09
Asserting that the worst is over for the global steel industry, steel tycoon Lakshmi Mittal expressed optimism about emerging markets' recovery including India but is cautious about the prospects in the developed world.
SAIL sales sail ahead 14% in Q208-OCT-09
The country's largest steel-maker SAIL today reported 14 per cent growth in its sales at over 3 million tonnes during the second quarter ended September 2009, over the year-ago period.
Tata Steel sales up 21% in H107-OCT-09
Tata Steel has registered a 21 per cent rise in its sales at 28.75 lakh tonnes in the first half of the current fiscal on the back of robust demand from the construction sector.
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