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Steel industry urges Karnataka govt to ensure speedy supply of iron ore

The iron and steel industry in Karnataka on Wednesday urged the chief minister D V Sadananda Gowda to step in to save the steel industry from the brink of collapse.…

September 30, 2011 / No Comment / Read More

Steel companies plan to lay off workers due to raw material crisis

Stifled by poor iron ore supply amid high rates, steel companies in the state are planning to lay off workers at their plants. “We have taken this decision as a…

September 22, 2011 / No Comment / Read More

‘India’s steel production to touch 200 mt by 2020′

ndia, the world’s fourth largest steel producing country, will witness its steel production capacity rise to almost 200 million tonnes by 2020. At present, China is the global leader in…

September 20, 2011 / No Comment / Read More

Steelmakers moving up value chain for better margins

India’s top three steelmakers — SAIL, JSW Steel and Tata Steel — have decided to move up the value chain. To achieve the goal, the three have exited, or are…

August 16, 2011 / No Comment / Read More

Tata Steel sees up to 11% demand growth in current fiscal

Tata Steel sees up to 11% demand growth in current fiscal

The spike in interest rate might not impact steel demand in the country in the current fiscal as it is slated to grow by up to 11% backed by higher…

June 29, 2011 / No Comment / Read More

Panel to review Posco’s land acquisition plans

The union ministry for environment and forests has set up a four-member committee headed by retired environment secretary Meena Gupta to investigate if the Orissa government has complied with the…

July 30, 2010 / No Comment / Read More
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