Steel Company

  • Tata Steel bags best Indian steel company award May 29, 2014

    Tata Steel has bagged the award for the best Indian steel company by US-based research firm Dun ~~amp;amp; Bradstreet (D~~amp;amp;B). The award was given by D~~amp;amp;B post inclusion of Tata Steel in their publication 'India's Top 500 Companies 2014' and on the basis of excelling on various business and social parameters,...
  • Tata Steel shares fall on $ 1.6 billion impairment charge May 14, 2013

    Mumbai: Tata Steel Ltd shares fell as much as 2.5 per cent on Tuesday morning after it said it will book a $1.6 billion impairment charge for the financial year ended March 31. The company said it is taking the charge due to weak economic and market conditions in Europe. Tata Steel...
  • Posco expects to commission steel plant in early 2018 March 21, 2013

    Paradip: The much delayed Posco mega steel plant in Odisha's Jagasinghpur district might be commissioned in 2018, the company said on Thursday. "Hoping to get the required land in this year, the first phase 8 MTPA Integrated Steel Plant may get commissioned in the early 2018," a press release issued...
  • Odisha government asks 36 steel companies to submit progress report March 12, 2013

    Bhubaneswar: Odisha government has asked 36 steel companies, including Posco-India and ArcelorMittal, which had signed MoUs to immediately submit their physical and financial progress reports, according to official sources. "The submission of the physical and financial progress report up to December 31, 2012 has been inordinately delayed, which has been viewed...
  • SAIL Q3 profit slips 23 per cent, misses estimates February 12, 2013

    Mumbai: State-owned Steel Authority of India reported a 23 per cent drop in quarterly profit, weighed by higher input and wage costs and sluggish sales. SAIL, India's largest domestic steel producer, said December quarter net profit fell to 4.84 billion rupees from 6.3 billion a year earlier. Net sales fell marginally...
  • Nippon, Mittal to double US output August 24, 2006

    Tokyo: Nippon Steel Corporation and Mittal Steel will invest a combined $260 million to double the capacity of their auto-use steel sheet plant in the US, the leading financial newspaper in Japan Nihon Keizai Shimbun said on Thursday. Nippon Steel said it was discussing a plan to boost production capacity...