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Steel Industry News

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Europe and Indian operations get closer for Tata Steel
Friday 24th Jun 2011    138
Europe and Indian operations get closer for Tata Steel
 
Mumbai : After focusing on raw material integration, Tata Steel’s Indian and European operations will now work towards developing new generation products and technology for both domestic and export markets. But for....
 
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Tata Realty Targets Rs.30,000 Crore Projects By 2015
Thursday 23rd Jun 2011    138
Tata Realty Targets Rs.30,000 Crore Projects By 2015
 
New Delhi : Tata Realty and Infrastructure Ltd (TRIL) is targeting an order book of Rs.30,000 crore by 2015, building logistics parks, roads, airports, rapid transport systems, a top company official said....
 
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SAIL to invest Rs 70,000 cr on mills, mines in next 3 years
Thursday 23rd Jun 2011    139
SAIL to invest Rs 70,000 cr on mills, mines in next 3 years
 
New Delhi : Government-owned Steel Authority of India Ltd (SAIL) is planning to invest Rs 70,000 crore in the next two to three years to expand its hot metal capacity to 23.46....
 
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Small iron ore miners seek leases abroad
Thursday 23rd Jun 2011    138
Small iron ore miners seek leases abroad
 
Mumbai : Faced with the government’s emphasis on mineral processing within the country and mine allocations restricted to actual users, smaller iron ore mining companies have started looking for alternative destinations,....
 
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Steel sector in cold storage
Thursday 23rd Jun 2011    138
Steel sector in cold storage
 
Mumbai : Demand for steel has hit the slow lane. Poor order inflows dragged demand growth to 3.1 per cent in the second half of FY11 but this improved to eight....
 
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Steel demand growth may slow as interest rates climb
Thursday 23rd Jun 2011    138
Steel demand growth may slow as interest rates climb
 
Mumbai : India’s first-half steel demand growth may slow as surging interest rates sap demand for homes and automobiles and delays in land acquisition and environmental clearances hold up public works. The....
 
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Tata Steel accepts $130-mn to settle UK plant loss
Thursday 23rd Jun 2011    138
Tata Steel accepts $130-mn to settle UK plant loss
 
Mumbai : Tata Steel’s arm here said it had got $130 million as final settlement from the consortium of global steel buyers which had prematurely terminated, in May 2009, a 10-year....
 
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Steel industry should go for green tech: SAIL chief
Wednesday 22nd Jun 2011    138
Steel industry should go for green tech: SAIL chief
 
New Delhi : There is a need to embrace green technologies for healthy growth of the steel industry, SAIL Chairman CS Verma said today.

"There is an immediate need for consensus building among....

 
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Steel Min submits HSCL's restructuring plan to CCEA
Tuesday 21st Jun 2011    140
Steel Min submits HSCL's restructuring plan to CCEA
 
New Delhi : Steel Ministry today submitted Kolkata-based Hindustan Steel Works Construction's (HSCL) Rs 1,440 crore financial restructuring plan before the Cabinet Committee on Economic Affairs (CCEA). "The note has been submitted for....
 
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Essar Steel commissions steel service centre in Dubai
Tuesday 21st Jun 2011    138
Essar Steel commissions steel service centre in Dubai
 
Mumbai : Essar Steel today said its steel processing arm - ESPD has commissioned a service centre facility at Dubai, ramping up its annual international capacity to one million tonne.

"Set up....

 
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