Tata Sponge Iron, an associate firm of Tata Steel, today reported a 49.47 per cent increase in consolidated net profit at Rs 12.81 crore for the quarter ended March 31, 2016 on
Union Finance Minister Arun Jaitley on Sunday said the steel sector has started turning around as a result of the government measures to protect domestic supplies from imported cheap Chinese steel. "The
In an industry first, Mahindra Intertrade has set up a fully-automated, high speed lamination line with dual stacking, to ensure higher precision and superior quality cores for the power distribution segment in
In an effort to address this situation, ministers, vice ministers and senior level officials from all over the world including the US travelled to Brussels for the OECD High-Level Meeting on Excess
The move will also lead to a spurt in prices of domestically-produced stainless steel by Rs 3,000-4,000 per tonne Government's decision to scrap export duty on chrome will adversely impact India's largest
Reports say that under the model currently being discussed Tata and Thyssenkrupp would each shares in the JV proportional to the values of the businesses they were contributing India’s Tata Steel and
India has started an investigation into alleged dumping of a certain variety of steel products by six countries, including China, Japan and Korea, following a complaint by major producers. Steel Authority of
Britain's financial involvement in helping the sale of Tata Steel's Port Talbot steelworks is most likely to be through a state loan provided on commercial terms alongside other investors, a government source
Tata Steelhas managed to put in its best ever total agglomerate production of 13.81 million tonne in FY'16, up 8%, beating its previous best output of 12.78 million tonne in FY'15. The
India's steel imports rose 18 percent in March, snapping four straight months of falls, provisional government data showed, on the back of deals struck before the government imposed a floor price in
Follow