China, Korea, Japan ship 75% of India's steel Q1 imports

Last Updated: Monday, August 3, 2015, 15:51

Indonesia with 83,300 tonne, Russia (56,720 tonne) and Taiwan (44,840 tonne) were the other major exporters of finished steel to India.

Infra sector growth slows down to 3% in June

Last Updated: Friday, July 31, 2015, 18:30

The sharp decline in the pace of growth during June follows a six-month high rate of 4.4 percent in May this year.

Growth in eight core infra industries rises by 3% in June

Last Updated: Friday, July 31, 2015, 17:35

The eight sectors contribute 38 percent to the overall industrial production, a parameter that the RBI takes into account while framing its monetary policy.

ArcelorMittal keeps forecast despite worse market view

Last Updated: Friday, July 31, 2015, 11:27

The group said it now expected the Chinese market to contract by up to 1 percent, having previously guided for growth of between 0.5 to 1 percent.

Tubacex acquires majority of Prakash Steelage's tube division

Last Updated: Monday, July 27, 2015, 21:51

Prakash Steelage on Monday said the Spanish stainless steel maker Tubacex completed acquisition of a majority 67.5 percent stake in its seamless stainless steel tube division for over Rs 209 crore.

Posco's Finex plant likely to be shifted to India by Oct

Last Updated: Monday, July 27, 2015, 15:45

POSCO is likely to shift its first Finex plant to Kalinganagar, in the state from Pohang, South Korea after a definitive pact with homegrown steelmaker MESCO, which is scheduled by August.

Posco's Finex plant likely to be shifted to India by Oct

Last Updated: Monday, July 27, 2015, 15:45

POSCO is likely to shift its first Finex plant to Kalinganagar, in the state from Pohang, South Korea after a definitive pact with homegrown steelmaker MESCO, which is scheduled by August.

Steel Ministry approves 83 R&D projects worth over Rs 696 cr

Last Updated: Sunday, July 26, 2015, 12:16

Besides, thrust is also being given to develop more value added products for which the country is mostly dependent on imports, the official added.

Mesco plans Rs 13,500 cr investment to raise capacity in 3-5 years

Last Updated: Sunday, July 26, 2015, 10:49

Mesco Steel through its arm Mideast Integrated Steels Ltd (MISL) had set up a steel plant of 1.2 MT per annum (MTPA) capacity in Kalinga Nagar, Odisha.

Make in India programme to boost stainless steel demand

Last Updated: Thursday, July 23, 2015, 18:44

Government's Make in India programme will help in increasing stainless steel demand in the country, experts said.

SAIL's Rs 70K-cr modernisation programme complete: Tomar

Last Updated: Wednesday, July 22, 2015, 23:27

SAIL's Rs 70,000 crore modernisation programme has been completed and it will increase the capacity of the domestic steel giant to 23 million tonnes per annum (MTPA) by March next year, Steel Minister Narendra Singh Tomar said today.

Coal scam: Ex-MoS for Coal, ex-Coal Secy summoned as accused

Last Updated: Tuesday, July 21, 2015, 19:19

Former Minister of State for Coal Santosh Bagrodia, ex-Coal Secretary H C Gupta and retired public servant L S Janoti were Tuesday summoned as accused by a Special Court in a coal scam case pertaining to allocation of Maharashtra's Bander coal block to AMR Iron and Steel Pvt Ltd.