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Steel Industry News

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Tata Steel net up on high prices
Thursday 26th May 2011    139
Tata Steel net up on high prices
 
Mumbai : On the back of higher steel prices, Tata Steel on Wednesday reported a consolidated net profit of Rs 4,177.1 crore for the fourth quarter ended March, up 71.6 per....
 
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Goldman raises price target on Tata Steel shares
Thursday 26th May 2011    140
Goldman raises price target on Tata Steel shares
 
Mumbai : Goldman Sachs has raised its 12-month price target for Tata Steel to 774 rupees from 761 rupees and maintained its "buy" rating on the stock following better-than-expected quarterly earnings.

The....

 
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SAIL fixes Rs. 1,000cr for ferro-alloy arm
Thursday 26th May 2011    144
SAIL fixes Rs. 1,000cr for ferro-alloy arm
 
Mumbai : SAIL fixes Rs. 1,000cr for ferro-alloy arm The Steel Authority of India (SAIL) has set aside funds worth Rs. 1,000cr for the capacity addition of its subsidiary and ferro-alloy producer....
 
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2011 critical year for steel industry
Wednesday 25th May 2011    138
2011 critical year for steel industry
 
New Delhi : The country’s steel output has been under pressure for months, due to the government’s attempt to prevent the economy from overheating.

India’s steel output was down by 3.2%, though large....

 
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Steel structures to see many forms and levels of growth in India - Mr. Anshul Singhal JSW Severfield Structure
Wednesday 25th May 2011    136
Steel structures to see many forms and levels of growth in India - Mr. Anshul Singhal JSW Severfield Structure
 
Mumbai : Mr Anshul Singhal Director & President Commercials and Board Member of JSW Severfield Structures Ltd in an exclusive interview with SteelGuru highlighted the growth prospects of steel structures in....
 
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