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Steel Industry News

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Karnataka steel industry reels under mining ban
Sunday 28th Aug 2011    1206
Karnataka steel industry reels under mining ban
 
New Delhi : New Delhi 28 Aug 11 | 02:40 PM:Reeling under raw material shortages and the extension of a mining ban, the multi-billion dollar Karnataka steel industry is in the doldrums....
 
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SC order a death blow to steel sector in Karnataka
Saturday 27th Aug 2011    1206
SC order a death blow to steel sector in Karnataka
 
Bengaluru : Bangalore/27 Aug 11 | 12:26 AM:The Supreme Court directive to suspend iron ore mining activities with immediate effect in Karnataka’s Chitradurga and Tumkur districts will be the last nail....
 
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Today's picks
Friday 26th Aug 2011    1206
Today's picks
 
New Delhi : TATA STEEL Current: Rs 444 Target: Rs 425 The stock hit a new low and this breakout establishes a new chart projection. Tata Steel could have a target of Rs 420-425 in....
 
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Nano gets a big lift within Tata Group firms
Thursday 25th Aug 2011    1206
Nano gets a big lift within Tata Group firms
 
Mumbai : Tata Motors:Tata Motors, India’s biggest automobile company, is launching limited-period promotional offers for its small car Nano, including sizeable discounts on the car to the employees of various companies....
 
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Steel makers to pass on ore, coal volatility
Wednesday 24th Aug 2011    1206
Steel makers to pass on ore, coal volatility
 
New Delhi : New Delhi: The way steel makers price their output is set to change because they no longer want to absorb increases in the cost of raw materials, and because....
 
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SAIL Bhilai Steel Plant developing special grade steels for wagons & boilers

Wednesday 24th Aug 2011    1207
SAIL Bhilai Steel Plant developing special grade steels for wagons & boilers
 
New Delhi : New Delhi: Steel Authority of India Limited's (SAIL) Bhilai Steel Plant is developing special steel grades of plates for use in railway wagons and boilers. One, meant for use....
 
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Iron ore exports may decline 28% this year
Tuesday 23rd Aug 2011    1207
Iron ore exports may decline 28% this year
 
Mumbai : Iron ore exports are likely to decline 28 per cent this year on falling domestic production due to mine closures across the country.

According to R K Sharma, secretary general....

 
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Global steel output in July rises 12% to 127 million tonne
Monday 22nd Aug 2011    1206
Global steel output in July rises 12% to 127 million tonne
 
New Delhi : The global steel production in July rose by 11.5% to 127 million tonne (MT) over the same month last year, the World Steel Association (WSA) said today. India's contribution to....
 
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JFE keen on raising stake in JSW Steel
Tuesday 23rd Aug 2011    1207
JFE keen on raising stake in JSW Steel
 
Mumbai : Japan-based JFE Steel Corporation, world’s fifth largest steel maker, said it may look at increasing its stake in its Indian partner JSW Steel after the Sebi proposal to raise....
 
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JSW refinances Rs 6,000-cr Ispat debt
Tuesday 23rd Aug 2011    1206
JSW refinances Rs 6,000-cr Ispat debt
 
Mumbai : JSW Ispat Ltd has completed the Rs 6,000 crore debt refinancing deal. A source close to the development confirmed the new average interest rate for the refinance is 11.75....
 
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