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Steel Industry News

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Market scales 2-1/2-week high
Tuesday 26th Jul 2011    1349
Market scales 2-1/2-week high
 
Mumbai : Key benchmark indices pared gains after hitting 2-1/2-week highs at the onset of the trading sessions after the Reserve Bank of India (RBI) said on Monday, 25 July 2011,....
 
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Indian stocks to open sideways: Tuesday Market Preview
Tuesday 26th Jul 2011    1349
Indian stocks to open sideways: Tuesday Market Preview
 
New Delhi : The domestic market is likely to open sideways ahead of the Reserve Bank of India’s quarterly monetary policy review. Investors are worried that a fresh rate hike would hurt....
 
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JSW changes iron ore suppliers
Tuesday 26th Jul 2011    1358
JSW changes iron ore suppliers
 
Mumbai : In the wake of the tussle between the Karnataka government and iron ore miners in Karnataka’s Bellary district, many steelmakers are facing shortage in supply of the raw material.....
 
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Q&A: Seshagiri Rao, JSW Steel
Monday 25th Jul 2011    1353
Q&A: Seshagiri Rao, JSW Steel
 
New Delhi : Even as the steel industry faces a slowdown in demand, it is expected to remain robust this financial year with increased spending on infrastructure, auto and consumer durables, says....
 
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Integrated transport strategy critical for effective logistic in India - CII
Monday 25th Jul 2011    1351
Integrated transport strategy critical for effective logistic in India - CII
 
Mumbai : Moving materials effectively is always a challenge. In this mineral rich region of the country, new investments in power & steel puts additional demand on the logistical services. Railways....
 
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RIL, Bharti Airtel edge higher in early trade
Monday 25th Jul 2011    1347
RIL, Bharti Airtel edge higher in early trade
 
New Delhi : US debt worries pulled Indian stocks lower in early trade. The BSE Sensex was down 26.59 points or 0.14%. The market breadth was strong. Asian shares fell on Monday,....
 
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Mines closure in Karnataka may force JSW, Tatas to halt work
Monday 25th Jul 2011    1351
Mines closure in Karnataka may force JSW, Tatas to halt work
 
Kolkata : KOLKATA | MUMBAI: Last week, when Sesa Goa, India's largestiron ore exporter, cut its revenue guidance for the current fiscal year due to tight ore supply from Karnataka, it....
 
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Tata Steel finds India costly
Sunday 24th Jul 2011    1351
Tata Steel finds India costly
 
New Delhi : Tata Steel has contested India’s status as a low cost economy and pointed out that transportation costs are far higher than that levied in developed economies.

Speaking on sidelines of....

 
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India steel output at 35.6 MT in Jan-June, 1/10th of China
Friday 22nd Jul 2011    1355
India steel output at 35.6 MT in Jan-June, 1/10th of China
 
New Delhi : NEW DELHI: India's steel production in the first six months of the current year stood at 35.636 million tonnes, almost one-tenth of neighbouring China's total output during the same....
 
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Varun Industries to sell heavy minerals from Madagascar to India
Friday 22nd Jul 2011    1354
Varun Industries to sell heavy minerals from Madagascar to India
 
New Delhi : NEW DELHI: Stainless steel maker Varun Industries on Friday said it will build a heavy minerals processing plant in Madagascar at an estimated cost of Rs 300 crore and....
 
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