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Steel Industry News

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Mukand rallies on back of huge volumes
Friday 1st Jul 2011    1240
Mukand rallies on back of huge volumes
 
Mumbai : Mukand has rallied 14% at Rs 47 on the back of huge volumes on the Bombay Stock Exchange (BSE). A total of 3.52 million shares, representing 4.8% stake of the....
 
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Tata Steel Expecting an Increase in Demand of Steel Inspite of Inflation

Thursday 30th Jun 2011    1254
Tata Steel Expecting an Increase in Demand of Steel Inspite of Inflation
 
Mumbai : Managing director of Tata Steel, H R Nerurkar revealed emergence of inflation was not going to affect the demand of steel in India. The demand for steel in India....
 
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Tata Steel eyes steel scrap recycling in SE Asia
Thursday 30th Jun 2011    1250
Tata Steel eyes steel scrap recycling in SE Asia
 
Mumbai : Tata Steel is looking at acquisitions in steel scrap recycling in South East Asia and will continue to invest upstream to increase its self-sufficiency in raw materials. "We are looking....
 
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Tata Steel aims at investing at early stage of mine
Thursday 30th Jun 2011    1243
Tata Steel aims at investing at early stage of mine
 
New Delhi : Entirely reliant on non-captive sources to feed its plants in Europe, Tata Steel will stick to long-term policy of being an "early stage investor" when it comes to acquiring....
 
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Tata steel JV plans Rs 2 bn coal washery
Wednesday 29th Jun 2011    1248
Tata steel JV plans Rs 2 bn coal washery
 
Mumbai : Tata Steel and SAIL'S equal venture,S&T Mining Company,will set up a 1.8 million tonne per annum(mntpa)coal washery at Bherlatand,in Jharkhand,through an investment of Rs 200 crore.

A detailed project report....

 
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Decline in prices favours use of nickel in stainless steel
Wednesday 29th Jun 2011    1256
Decline in prices favours use of nickel in stainless steel
 
Mumbai : Aarti Chandran, a middle class housewife in the western Mumbai suburb, replaced all her utensil and cutlery products at a fresh investment of around Rs 10,000. Reason: the utensils....
 
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Tata to spend 420m pounds/year to streamline Corus' focus
Tuesday 28th Jun 2011    1247
Tata to spend 420m pounds/year to streamline Corus' focus
 
Mumbai : Tata Steel is resizing its European operations to ensure Corus is geared to handle any economic environment in Europe. CNBC-TV18's Sajeet Manghat and Ashwin Mohan report on the company's....
 
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Consensus over iron ore pricing elusive
Tuesday 28th Jun 2011    1256
Consensus over iron ore pricing elusive
 
Mumbai : By virtue of their owning high-quality iron ore assets across continents and controlling two-thirds of the global supply of the commodity, the world’s three leading miners have the sinews....
 
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Tata Steel adopts organic method to treat effluent at Sukinda
Tuesday 28th Jun 2011    1250
Tata Steel adopts organic method to treat effluent at Sukinda
 
Kolkata : At a time when the mining industry is grappling with the challenge of environmental protection and conservation of natural resources, Tata Steel has adopted an organic method to tackle....
 
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L&T to invest Rs 30k cr more in Orissa
Tuesday 28th Jun 2011    1250
L&T to invest Rs 30k cr more in Orissa
 
Bhubaneswar : Construction and engineering major Larsen and Toubro Ltd (L&T) plans to set up another power plant and a three-million-tonne steel plant in Orissa at a combined investment of Rs....
 
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