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News

JSW Steel to spend Rs 3800 cr on Ispat – Business Standard

January 17, 2011

JSW Steel to spend Rs 3800 cr on IspatBusiness StandardPTI / New Delhi January 17, 2011, 14:43 IST JSW Steel today said it plans to infuse Rs 3800 crore in Ispat industries in the next 2-3 years. …India's JSW Steel to spend 38 bln rupees on Ispat…

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Factbox: Coal mine disruptions caused by Australia’s floods – Reuters

January 17, 2011

Factbox: Coal mine disruptions caused by Australia's floodsReutersAustralia accounts for almost two-thirds of global exports of coking or metallurgical coal, which is used for steel making and it is also the second-biggest …Floods see coal prices…

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Jindal Steel to commission first phase of Orissa plant by June – Reuters India

January 17, 2011

International Business TimesJindal Steel to commission first phase of Orissa plant by JuneReuters IndiaNEW DELHI (Reuters) – Jindal Steel & Power Ltd (JNSP.BO) plans to commission the first phase of the Orissa plant by June, a top official said. …..

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Promoter holding to fall by 2.4% post FPO: Tata Steel – Moneycontrol.com

January 17, 2011

Reuters IndiaPromoter holding to fall by 2.4% post FPO: Tata SteelMoneycontrol.comAfter the follow-on public offer (FPO) of Tata Steel, its promoter holding share will fall by 2.4% taking it to 30.08%, Koushik Chatterjee, Chief Financial …7 banks und…

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SAIL FPO: 4 Inv banks under fire for taking up another job – Economic Times

January 17, 2011

SAIL FPO: 4 Inv banks under fire for taking up another jobEconomic TimesTerming the action of these banks as "unethical", Steel Minister Virbhadra Singh said, "Yes, we are unhappy about it. I don't know if they can do like this? …7…

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FBM KLCI higher at midday, steel sector poised for re-rating – Malaysia Star (blog)

January 17, 2011

FBM KLCI higher at midday, steel sector poised for re-ratingMalaysia Star (blog)Hwang DBS said the steel sector was poised for a re-rating riding on the construction of the massive MRT project. "Construction work for MRT targeted to …and more&nb…

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