| SAIL again delays Rs 70,000-cr mega expansion plan | 20-NOV-09 |
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| The global recession and the resultant demand slump has delayed Steel Authority of India's (SAIL) ambitious Rs 70,000-crore expansion plan for the second time in as many months, as it would now be completed by 2012-13 only. |
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| Jharkhand agrees to renew Chiria leases to SAIL | 17-NOV-09 |
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| Public sector steel firm Steel Authority of India (SAIL) today said the Jharkhand government had agreed to renew leases of Chiria iron ore mines to meet the current needs of the company. |
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| Tata Steel cuts prices of flat products by 4% | 05-NOV-09 |
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| 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. |
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| SAIL mulls Australian coke mines buy | 14-OCT-09 |
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| Steel Authority of India Ltd (SAIL), the nation’s biggest state-run producer, said it was considering buying coking coal mines in Australia, Indonesia and Mozambique with an Indian government joint venture. |
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| 'Our focus on smaller towns is paying off' | 02-OCT-09 |
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| In the three and a half years that S K Roongta has been at the helm of state-owned Steel Authority of India as its chairman, the steel sector has seen it all: Announcements of mega investments, projects getting stuck, sharp swings in prices, and the government last year taking the unusual step of trying to talk down steel prices when inflation was zooming. SAIL, having rationalised its manpower, has embarked on a plan to nearly double its capacity. |
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| SAIL to set up two slag-based cement manufacturing units | 26-SEP-09 |
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| Government-owned Steel Authority of India Ltd (SAIL), the country’s largest steel producer, is looking to set up two greenfield slag-based cement manufacturing units with a total capacity of 3 million tonnes (mt) through a joint venture. |
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| M J Antony: Arbitration tribulations | 23-SEP-09 |
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| Arbitration is supposed to be a speedy and economic way to resolve disputes. But three judgments of the Supreme Court delivered last week shake this trust. |
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| SAIL looking at FPO, mkt borrowing: Govt | 04-SEP-09 |
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| State-owned Steel Authority of India may hit the capital market soon to raise funds either by way of a public offering or through borrowings to part-finance its ongoing Rs 70,000-crore expansion plan, a top government official said today. |
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| Steel makers up flat product rates | 03-SEP-09 |
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| Steel producers — Tata Steel, Steel Authority of India Ltd (SAIL) and Ispat Industries — have increased flat product prices. While SAIL and Ispat Industries have increased prices by Rs 1,500 a tonne, Tata Steel said it had hiked spot prices by 3-4 per cent. Flat steel is primarily used by the automobile and consumer durable sectors. |
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| Steel industry thinks the worst is over and signals are cheery | 31-AUG-09 |
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| For Indian steel companies, the present may not be perfect, but the future isn’t that tense either. A scenario that prompted Ratan Tata to announce at the Tata Steel annual general meeting last week that the company would raise its European production to 80 per cent of the capacity from the current 50 per cent by the year-end. |
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| Steel min asks SAIL to complete expansion on time | 18-AUG-09 |
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| Steel Minister Virbhadra Singh today asked the country's largest steel producer, Steel Authority of India (SAIL), to complete its ongoing Rs 70,000-crore expansion programme on time, citing the surge in domestic steel demand. |
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| Tata Steel cuts long product prices | 12-AUG-09 |
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| Tata Steel has reduced prices of long products, used primarily in the construction sector, by Rs 1,000-1,500 a tonne with immediate effect. |
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| Prices of flat steel hiked, long products slashed | 05-AUG-09 |
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| Steel companies have increased prices of flat steel, used by automobile and consumer durable sectors, by Rs 500-1,000 a tonne, but reduced prices of long steel, used primarily in the construction sector, by Rs 500-2,000 a tonne. |
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