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J.J. Irani expects 100 mn tonne steel production by 2015
Posted: July 31st, 2010, 6:39am EDT
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India should touch steel production of 100 million tonnes by 2015, Tata Sons Ltd director Jamshed J. Irani said on Saturday. -
SAIL sees steel prices firming up in next few months
Posted: July 30th, 2010, 5:35am EDT
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SAIL, sees steel prices firming up on the back of demand from construction and automobile firms and may revise the rates for its products. -
ArcelorMittal may start work on India projects in 2011
Posted: July 29th, 2010, 2:33am EDT
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ArcelorMittal has said that it expects to start work on one of its Rs 1.3 lakh-crore India projects in early 2011. -
ArcelorMittal looks to spin off stainless steel unit
Posted: July 28th, 2010, 5:14pm EDT
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ArcelorMittal plans to spin off its stainless steel unit to the parent?s shareholders, signalling the failure of years of talks among producers aimed at consolidating an industry beset by over capacity and increasing costs. -
JSW Steel to raise over Rs 7000 cr for Bengal project
Posted: July 28th, 2010, 12:12pm EDT
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Sajjan Jindal's JSW Steel has expedited it's Bengal project, sources close to the development said JSW Steel is set to raise over Rs 7000 crores for it's greenfield steel project in West Bengal. -
Centre sets up panel to probe charges against Posco
Posted: July 28th, 2010, 11:12am EDT
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In further trouble for South Korean giant Posco, the Centre today set up a four-member panel to probe alleged forest rights violations at the multinational's proposed steel plant in Jagatsinghpur in Orissa. -
ArcelorMittal may start work on India projects in 2011
Posted: July 28th, 2010, 9:37am EDT
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Pinning hopes on developing economies for its future growth, ArcelorMittal today said it expects to start work on one of its Rs 1.3 lakh crore India projects in early 2011. -
470 families likely to be displaced for Posco project
Posted: July 28th, 2010, 9:02am EDT
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A day after initiating land acquisition process for Posco-India's mega steel plant project near Paradip, the Orissa government today said 470 families could face displacement due to the mega plant. -
Japan's JFE to buy $1 bn stake in JSW Steel
Posted: July 27th, 2010, 3:15pm EDT
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The JFE-JSW deal is the largest FDI in metals space in India and third largest involving a Japanese company and an Indian partner. Stock Valuation I Q1 Earnings -
JSW Steel to start Salboni project by fiscal-end
Posted: July 27th, 2010, 7:40am EDT
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JSW Steel would start construction of its 10-million-tonne Salboni plant in West Bengal before the end of the current fiscal (2010-11), a top company official said Tuesday.