Steelmaking Capex News

Panel to decide BF-sponge mix for steel making (Business Standard India)
Fri 20 Nov 2009 6:48pm
The Orissa government has constituted a committee under the chairmanship of the Development Commissioner (DC) to determine the mix between the blast furnace and the sponge iron route......


UPDATE: Judge Refuses Icahn Petition Against Steel Partners (Nasdaq)
Fri 20 Nov 2009 5:04pm
(Adds further details about the conversion plan in second-to-last paragraph.) By Joseph Checkler Of DOW JONES NEWSWIRES NEW YORK -(Dow Jones)- A Cayman Islands court has refused a pe......


Judge Refuses Icahn Petition Against Steel Partners (Nasdaq)
Fri 20 Nov 2009 4:49pm
NEW YORK -(Dow Jones)- A Cayman Islands court has refused a petition by a Carl Icahn-controlled entity to block a complicated restructuring plan by rival hedge fund manager Warren Li......


Maoist explode bomb in SAIL mine in Orissa (Calcutta News)
Fri 20 Nov 2009 12:31pm
Meghatpu (Orissa), Nov 20 : Maoist activists on Friday exploded a bomb in a Steel Authority of India (SAIL) mine here on Friday....


SAIL again delays Rs 70,000-cr mega expansion plan (Business Standard India)
Fri 20 Nov 2009 11:31am
The global recession and the resultant demand slump has delayed Steel Authority of India's (SAIL) ambitious Rs 70,000-crore expansion plan for the second time in as many months, as i......


Govt for 20% stake sale in SAIL (Business Standard India)
Thu 19 Nov 2009 11:30am
The government today said it is considering a 20 per cent stake sale in steel major SAIL, proceeds of which would partly fund the company's Rs 70,000-crore expansion projects....


Govt for 20% stake sale in SAIL (rediff.com)
Thu 19 Nov 2009 11:02am
Steel minister Virbhadra Singh informed Lok Sabha in a written statement that the proposed disinvestment would be carried out in two tranches of 10 per cent each and would be a mix o......


Govt for 20pc stake sale in SAIL (The Economic Times)
Thu 19 Nov 2009 10:55am
The government on Thursday said it is considering a 20 per cent stake sale in steel major SAIL, proceeds of which would partly fund the company's Rs 70,000-crore expansion projects....


Fosun CEO Eyes Investment in Consumer, Financial Services (Bloomberg)
Thu 19 Nov 2009 1:41am
Nov. 19 (Bloomberg) -- Fosun International Ltd. , a Chinese company with interests in steel, property and drugs, plan to expand consumer and financial-services investment to take adv......


Boardman Steel Battle (WYTV Youngstown)
Wed 18 Nov 2009 10:29pm
As traffic uses a temporary driveway to get in and out of Boardman Steel's property on Southern Boulevard, the company's owner isn't mincing any words over the feud that led to it be......