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Steel Industry News

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SAIL embarks on major expansion plan
Wednesday 17th Aug 2011    1206
SAIL embarks on major expansion plan
 
Burnpur : Steel Authority of India Ltd. (SAIL) has embarked on a major expansion-cum-modernisation plan at a cost of Rs.72,000 crore that aims to push steel production to 24 million tonne....
 
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SAIL steps up expansion plan
Tuesday 16th Aug 2011    1207
SAIL steps up expansion plan
 
New Delhi : After being pulled up by steel minister Beni Prasad Verma over the tardy progress of its project, country's largest steel maker Steel Authority of India (SAIL) has stepped up....
 
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First quarter: Story of a slowdown
Tuesday 16th Aug 2011    1207
First quarter: Story of a slowdown
 
Mumbai : India Inc’s performance in the April-June quarter signalled that sales growth was robust at 30.3 per cent, the highest in the last five quarters. But growth was largely aided....
 
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Land acquisition comes back to haunt farmers again
Monday 15th Aug 2011    1206
Land acquisition comes back to haunt farmers again
 
Chennai : Farmers in Gadag district who succeeded in making the government revisit its decision to acquire land for housing South Korea’s Posco Steel Company, are now facing the prospect of....
 
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Tata Steel developing new R&R site
Monday 15th Aug 2011    1206
Tata Steel developing new R&R site
 
Kolkata : After setting up three rehabilitation colonies at Trijanga, Sansailo and Gobarghati for relocation of families displaced by its greenfield steel project at Kalinganagar in Jajpur district, Tata Steel has....
 
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Steel makers to get freedom on hiring ships
Friday 12th Aug 2011    1206
Steel makers to get freedom on hiring ships
 
New Delhi : Steel Authority of India Ltd (SAIL) and another state-run steel maker will be exempted from routing transportation needs through the shipping ministry’s chartering arm if they carry one third....
 
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In-principle nod from SAIL board for 10 new units: Verma
Friday 12th Aug 2011    1206
In-principle nod from SAIL board for 10 new units: Verma
 
New Delhi : The board of Steel Authority of India Limited (SAIL) has accorded in-principle approval for setting up 10 steel processing units in different states across the country, Parliament was informed....
 
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Steelmakers moving up value chain for better margins
Friday 12th Aug 2011    1208
Steelmakers moving up value chain for better margins
 
Mumbai : India’s top three steelmakers — SAIL, JSW Steel and Tata Steel — have decided to move up the value chain. To achieve the goal, the three have exited, or....
 
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Posco MoU renewal under cloud of uncertainty
Thursday 11th Aug 2011    1206
Posco MoU renewal under cloud of uncertainty
 
Kolkata : Steel maker yet to submit its written response. The renewal of Memorandum of Understanding (MoU) between the Orissa government and Posco India continues to be mired in uncertainty with the....
 
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Q&A: Vishal Agarwal, MD, Visa Steel
Thursday 11th Aug 2011    1209
Q&A: Vishal Agarwal, MD, Visa Steel
 
Mumbai : Raw material prices, primarily coking coal, continues to be high and the steel prices are not supporting the cost rise. Vishal Agarwal, MD of Visa Steel, a part of....
 
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