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SAIL, Posco likely to have equal stake in JV

Thursday 3rd Nov 2011 1207

New Delhi : An equal joint venture agreement between state-run SAIL and South Korean major Posco is likely to be inked during Steel Minister Beni Prasad Verma's proposed visit to Korea starting....

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Govt discusses JSW's Bengal Steel project

Monday 31st Oct 2011 1206

Kolkata : The West Bengal government on Saturday discussed the pending project of JSW's Bengal steel plant with company officials and urged them to expedite the progress.

Industry minister Partha Chatterjee, industry....

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Wheels India in pact with Japan's Topy Industries

Saturday 29th Oct 2011 1206

Chennai : Wheels India Ltd, the steel wheel manufacturing arm of TVS group, has entered into a technical arrangement with Japanese steel wheel manufacturer Topy Industries to design and develop steel....

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Posco can resume work on acquired land: Govt

Friday 28th Oct 2011 1206

Kolkata : The Orissa government on Thursday said, the South Korean steel major Posco can resume work on its proposed 12 million tonne steel plant near Paradip using over 2000 acres....

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Arcelor-Mittal launches drilling in coal block for revised 3 MT steel project in Jharkhand

Friday 28th Oct 2011 1206

Kolkata : Downsizing project size from 12 million tones per annum (MTPA) to 6 MTPA in Jharkhand, Aecelor-Mittal, has started searching forest and private land to produce steel from 2014.

Shifting the....

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Steel-making raw materials remain a cause of concern

Thursday 27th Oct 2011 1206

New Delhi : The common wisdom based on a decadal experience is that demand elasticity of steel in emerging economies will stay ahead of gross domestic product (GDP) growth rate. This was....

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Steel price rise set to make white goods, cars expensive

Thursday 27th Oct 2011 1206

Mumbai : With JSW Steel in talks with its long-term customers to revise prices upwards, other steelmakers are also preparing for a hike in steel prices. However, this doesn't bode well....

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JSW to raise steel prices by 2-3 percent , cuts spot sales

Monday 24th Oct 2011 1206

Mumbai : JSW Steel, currently running at a capacity of 50-60 per cent, is in talks with its long-term customers to raise steel prices in the range of three-four per cent.

Jayant....

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Steel production-demand mismatch continues

Friday 21st Oct 2011 1212

Mumbai : A glaring mismatch between the steel demand and production continues in India. According to the data provided by the Joint Plant Committee, the government body that tracks steel metrics....

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IVRCL bags orders worth Rs 552 cr

Thursday 20th Oct 2011 1207

Hyderabad : Hyderabad-based real estate company IVRCL Ltd has won projects worth a total of Rs 552.3 crore across its buildings, transportation and water divisions.

Of these, three construction projects account for....

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