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Steel Industry News

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MOIL to increase output to offset price decline
Tuesday 9th Aug 2011    143
MOIL to increase output to offset price decline
 
New Delhi : MOIL Ltd, India’s biggest manganese ore producer, sees a tight market for at least two to three years.

KJ Singh, chairman and managing director, told DNA that while the....

 
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M&M, ONGC, Coal India may give better downside protection: CLSA
Monday 8th Aug 2011    144
M&M, ONGC, Coal India may give better downside protection: CLSA
 
New Delhi : Asia's leading brokerage and investment group sees broad-based slowdown in India's growth story.

Going forward risk aversion will lead to rise in cost of capital which will thereby lead to....

 
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India’s Steel Ministry’s Firoz Expects Slowdown in Manufacturing
Monday 8th Aug 2011    142
India’s Steel Ministry’s Firoz Expects Slowdown in Manufacturing
 
Mumbai : A.S. Firoz, chief economist at India’s steel ministry, comments on the impact of the U.S. credit rating downgrade on India. Indian shares plunged today after Standard & Poor’s lowered the....
 
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Nifty hits 14-month low below 5,000
Tuesday 9th Aug 2011    141
Nifty hits 14-month low below 5,000
 
New Delhi : The rout in the equities, which began late last week continues. Key benchmark indices tumbled in opening trade as stocks fell across the world as worries about global economic....
 
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JSW Steel plans to operate its plants at around 80% capacity
Monday 8th Aug 2011    140
JSW Steel plans to operate its plants at around 80% capacity
 
New Delhi : This relief not only provides breather to the steel industry in the region but also assists in continuation of employment and livelihood for people employed in this sector. It is....
 
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