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| JSW Steel, state govt script a sunny land takeover story | 20-NOV-09 |
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| 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. |
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| Tata Steel to invest Rs 1,100 cr to up ore output | 17-NOV-09 |
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| 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. |
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| SAIL cuts steel prices by Rs 500 per tonne | 16-NOV-09 |
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| 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. |
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| Auto sector bolsters steel demand to 7% till October | 15-NOV-09 |
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| India’s steel demand grew 7 per cent in the first seven months of the fiscal year up to October, Steel Secretary Atul Chaturvedi said, spurred by the needs of makers of cars and appliances and builders of rural homes. |
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| Essar completes Shree Precoated Steels buyout | 11-NOV-09 |
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| 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. |
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| JSW Steel output up 34% to 4.5 lakh tonnes | 05-NOV-09 |
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| 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. |
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| Visa Steel posts Rs 8.71cr profit | 31-OCT-09 |
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| Visa Steel, part of the Rs 5,000-crore Kolkata-based Visa Group with interests in steel, power, shipping and logistics, has posted a net profit of Rs 8.71 crore during the second quarter (July-September) of this fiscal. The company recorded a revenue of Rs 252.81 crore and EBITDA (earnings before interest, tax, depreciation and amortization) of Rs 44.24 crore during the said period. |
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| Tata Steel: Satisfactory performance | 28-OCT-09 |
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| The Tata Steel stock came off by 7 per cent on Tuesday with the steel major turning in numbers that were below the Street’s expectations. Analysts had pencilled in an operating profit of close to Rs 2,100 crore for the September 2009 quarter but the company reported an operating profit of Rs 1,922 crore. |
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| Orissa to access local mood before Lee visit to Posco site | 23-OCT-09 |
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| 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. |
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