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Steel Industry News

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JSW Steel closes two plants in K'taka after SC order
Saturday 6th Aug 2011    1355
JSW Steel closes two plants in K'taka after SC order
 
Bellary : Sajjan Jindal-owned JSW Steel has closed two of its four units in the Vijaynagar steel plant, as a result of the Supreme Court ban on mining in Bellary, a....
 
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Jindal, Rio to develop new steel making tech
Saturday 6th Aug 2011    1345
Jindal, Rio to develop new steel making tech
 
Mumbai : Naveen Jindal-controlled Jindal Steel and Power (JSPL) has joined hands with Australian mining behemoth Rio Tinto to reduce dependence on costly iron ore lumps and scarce coking coal for....
 
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Air India to get equity infusion of Rs 1,200 cr

Friday 5th Aug 2011    1348
Air India to get equity infusion of Rs 1,200 cr
 
New Delhi : The CCEA has cleared a proposal from the Steel Ministry to set up a steel plant in Sindri in Bihar. The proposed plant will have capacity of 5 million....
 
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Software park in steel fortress
Friday 5th Aug 2011    1364
Software park in steel fortress
 
Jamshedpur : Steel hub Jamshedpur will soon host a software park, the second in Jharkhand after Ranchi where several IT companies are already working out of a 4.5-acre hi-tech campus.

Jharkhand government....

 
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Steel demand stays strong in India as Europe falters

Friday 5th Aug 2011    1347
Steel demand stays strong in India as Europe falters
 
Mumbai : RATAN Tata, chairman of Tata group, said on Wednesday demand for steel in India continued to be strong even though it remained under pressure in Europe.

Addressing shareholders of Tata....

 
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Mining scam may hit steel investments
Friday 5th Aug 2011    1376
Mining scam may hit steel investments
 
Bengaluru : Dirty politicking in the state has exposed the underbelly of the mining industry and also brought the iron ore industry to a standstill. The snowballing crisis could dampen Karnataka's....
 
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POSCO's Orissa Project is not all about Steel
Thursday 4th Aug 2011    1351
POSCO's Orissa Project is not all about Steel
 
Even after repeated dates offered by the government officials and the steel and mines minister of Orissa, the renewal of Memoranda of Understanding (MoU) between the Orissa Government and....
 
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Essar plans $3.5 billion expansion for Zisco
Thursday 4th Aug 2011    1348
Essar plans $3.5 billion expansion for Zisco
 
Mumbai : Essar Group, the Ruias-controlled $15 billion diversified conglomerate, plans to invest $3.5 billion to firm up backward integration for the ailing Zimbabwean steel plant Zisco, which it acquired in....
 
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Mixed Tata outlook on steel
Thursday 4th Aug 2011    1347
Mixed Tata outlook on steel
 
Mumbai : The spectre of a slowdown that has started to hover over the Indian economy — a direct fallout of the Reserve Bank of India’s surprise decision last week to....
 
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Land losers lock Essar Steel project gate
Wednesday 3rd Aug 2011    1351
Land losers lock Essar Steel project gate
 
Bhubaneswar : Within a week of witnessing a massive labour unrest, the Essar Steel project near Paradip on Tuesday faced yet another agitation by the land losers who staged demonstration in....
 
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