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India"s crude steel output to soar by 38% to 140 million tonnes in 2018

According to global steel body Worldsteel, China occupies the top global position as far as steel production is concerned.....»»

Category: topSource: business-standardApr 22nd, 2018

IFCI recovers Rs 2.8 bn from Bhushan Steel, allotted over 579,000 shares

Further, as part of the RP, IFCI said it has also been allotted 5,79,277 fully paid up equity shares of BSL having face value of Rs 2 per share.....»»

Category: topSource: business-standard2 hr. 14 min. ago

Odisha on radar for the Rs 150-bn SAIL-ArcelorMittal auto grade steel JV

The proposed JV plant will construct world-class facilities for manufacturing automotive steel that will offer technologically advanced steel products for India's rapidly growing automotive sector.....»»

Category: topSource: business-standardMay 23rd, 2018

India takes US steel tariffs complaint to World Trade Organization

India, China, Russia, Japan, Turkey and the European Union have all dismissed that claim, regarding the US tariffs as 'safeguards' under the WTO rules.....»»

Category: smallbizSource: nytMay 23rd, 2018

Japan, Russia, Turkey bring potential U.S. tariff retaliation to $3.5 billion

GENEVA (Reuters) - Japan, Russia and Turkey have warned the United States about potential retaliation for its tariffs on steel and aluminum, the World Trade Organization said on Tuesday, bringing the total U.S. tariff bill to around $3.5 billion annually......»»

Category: topSource: reutersMay 22nd, 2018

Bhushan Steel resolution effect: PSBs gain, Nifty PSU Bank index up 2%

SBI, Bank of India, PNB, Oriental Bank of Commerce, Canara Bank, Indian Bank and Bank of India were up 1% to 4% on the NSE......»»

Category: topSource: business-standardMay 21st, 2018

Bank of India to get Rs 19.93 bn from Tata Steel-Bhushan Steel deal

In the first list of 12 accounts sent to NCLT for resolution under Insolvency and Bankruptcy Code (IBC), BoI's exposure was Rs 83 billion. In the second list of 27 accounts, it was Rs 30 billion.....»»

Category: topSource: business-standardMay 19th, 2018

India drags US to WTO over hefty tariff hike in steel, aluminium

The country has sought consultations with the US under the WTO's dispute settlement mechanism.....»»

Category: topSource: business-standardMay 19th, 2018

JSW Steel shares hit a new high after better-than-expected Q4 performance

Analysts up estimates as they see strong pricing outlook, softening input prices, higher share of value-added products and cost control to drive earnings.....»»

Category: topSource: business-standardMay 17th, 2018

Steel Dynamics (STLD) to Acquire Heartland for $400 Million

Steel Dynamics' (STLD) latest move is expected to expand its total shipping capability and annual flat roll steel shippin.....»»

Category: smallbizSource: nytMay 15th, 2018

Asian Paints, HDFC Bank among 5 Sensex stocks that hit new high

Hindustan Unilever, IndusInd Bank, Kotak Mahindra Bank, JSW Steel, Magma Fincorp, Nestle India and Pidilite Industries hit their respective new highs on the BSE.....»»

Category: topSource: business-standardMay 15th, 2018

NINL logs best ever hot metal output, goes past 3,000-tonne mark

MMTC-promoted firm has immediate plans to resume steel billet production with maximum capacity utilisation of Steel Melting Shop.....»»

Category: topSource: business-standardMay 14th, 2018

AK Steel’s top 5 highest-paid executives

The five highest-paid executives at AK Steel Holding Corp. each pulled in at least $1.9 million in compensation last year, with an average of nearly $6 million in total compensation. AK Steel (NYSE: AKS), the West Chester-based steelmaker, is one .....»»

Category: topSource: bizjournalsMay 14th, 2018

Ericsson-RComm dispute: NCLT reserves order on insolvency proceedings

Ericsson India has filed petitions against RComm, Reliance Infratel and Reliance Telecom with the total claims against the three firms at Rs 9.8 billion.....»»

Category: topSource: business-standardMay 10th, 2018

"Facebook effect" turns Swedish steel town into tech hot-spot

OSLO (Reuters) - Facebook will double the size of its data center in Sweden's northern city of Lulea, raising its total investments in the region to about 8.7 billion crowns ($987 million), the company said on Monday......»»

Category: topSource: reutersMay 7th, 2018

News digest: Flipkart-Walmart deal, Essar Steel, smart TV market, and more

The group may even explore relocating the entire Walmart India operation to Bengaluru in the near future.....»»

Category: topSource: business-standardMay 6th, 2018

Today"s picks: From Tata Steel to Coal India hot stocks to watch on Friday

Nifty, Bank Nifty, Tata Steel, Coal India, Larsen & Toubro.....»»

Category: topSource: business-standardMay 3rd, 2018

Neelachal Ispat restarts ops, aims at 3,500 tonnes hot metal output per day

Neelachal Ispat Nigam Ltd (NINL) has resumed its blast furnace operations at Kalinganagar (Odisha) after completing capital repair work.NINL, a steel PSU jointly promoted by MMTC Ltd and two Odisha government PSUs- Odisha Mi.....»»

Category: topSource: business-standardMay 3rd, 2018

Game of two: Tatas, JSW likely to corner 33% of Indian steel market

Arcelor Mittal, one of the world's largest steel players, has nothing in India. It has sold its stake in Uttam Galva.....»»

Category: topSource: business-standardMay 1st, 2018

AK Steel Q1 total shipments 1.43 mln tons vs. 1.46 mln tons a year ago

This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit or the quote page for more information about this breaking news......»»

Category: topSource: marketwatchApr 30th, 2018