Company News - SAIL [more headlines]

SAIL Eyes Iron Ore Mine In Karnataka
Fri, 14 Jun 2013 07:06:25 +0100
SAIL, which is the second largest iron ore miner in the country following NMDC, produced about 21.48 mt of the key raw material for making steel in 2012-13. As the company expands its steel-making capacity to 23.46 mtpa, annual requirement of iron ore of ...


Kulti wait lengthens for SAIL OUR SPECIAL CORRESPONDENT C.S. Verma ...
Sun, 09 Jun 2013 02:08:00 +0100
Calcutta, June 8: Steel...


Sail-kobe Steel Jv In Durgapur
Sun, 09 Jun 2013 00:55:22 +0100
... of India Ltd has said it was going ahead with its joint venture with Japanese steelmaker Kobe Steel to set up an iron ore nugget plant in Durgapur with a of Rs 1,500-crore investment, for which environment assessment study is on. "The SAIL-Kobe Steel ...


Sail-led Groups Afghanistan Mining Jv Will Happen Soon
Sat, 08 Jun 2013 18:18:14 +0100
The members of the SAIL-led group Afghan Iron and Steel Consortium, will soon form a joint venture company to carry out iron ore mining and build an integrated steel plant in Afghanistan. However,...


Sail, Japanese Firm To Set Up Steel Plant
Sat, 08 Jun 2013 09:42:51 +0100
Kolkata, June 8 (IANS) India's largest steel maker Steel Authority of India Limited (SAIL) Saturday said it is going ahead with its joint-venture with Japan's Kobe Steel for setting up a 0.5 million tonnes per annum iron nugget plant at West Bengal's Durgapur.


Steel Authority of India posts record May output; mum on Afghan project ...
Tue, 04 Jun 2013 11:52:00 +0100
State-owned Steel Authority of India Limited produced 1.152 million mt of crude steel and 1.087 million mt of saleable steel last month, both record highs for the month of May, the company said in a statement late Monday. Saleable steel output was up ...


Steel Authority of India Limited : Chairman SAIL inaugurates modern ...
Sat, 01 Jun 2013 09:19:30 +0100
Rourkela:Mr. C. S. Verma, Chairman, SAIL inaugurated the state-of-the-art Coke Ovens Battery-6 Complex at Rourkela Steel Plant, an integrated Steel Plant of the Maharatna Company SAIL on 1st June. Also present on the occasion were Mr. S.S.Mohanty, Director ...


Tata Steel, SAIL better positions in world steel rankings
Fri, 31 May 2013 11:15:00 +0100
State-owned Steel Authority of India's 13.5 MT production in 2012 got it 24th rank , two notches above its previous year's ranking of 26th. SAIL had the same output of steel in 2011, WSA has said in the report released yesterday. The rankings of the two ...


SAIL Registers Sharp 72% Decline In Profit At Rs 446.53 Cr
Thu, 30 May 2013 05:47:40 +0100
"The sharp decline in NSR of 11 percent per tonne of steel in Q4 ... measures by the government to facilitate faster clearance of projects, SAIL chairman C S Verma said that in 2013-14, the company would be adding 5 MT additional capacity.


Beni advises SAIL to take corrective measures to complete projects ...
Tue, 21 May 2013 05:25:49 +0100
New Delhi, May 21 (ANI): Union Minister for Steel Beni Prasad Verma, who reviewed the Quarter 4 and financial year 2012-13 performance of Steel Authority of India Limited (SAIL) here today, advised SAIL to take corrective measures to complete the projects ...


India's SAIL sees 30% jump in coking coal imports post expansion
Mon, 20 May 2013 06:29:50 +0100
NEW DELHI Steel Authority of India could see an up to 30% rise in its coking coal imports to 13-million tonnes post capacity expansion, its spokeswoman said. SAIL, with an annual capacity of about 14-million tonnes, is the largest steel ...


Sail, Rinl Raw Material Needs To Rise Up To 39% By 2015-16
Mon, 06 May 2013 04:21:55 +0100
Similarly, RINL's coking coal requirement will increase to 7.08 MT by 2015-16, he said. Talking about Steel Authority of India (SAIL), Verma said that its coking coal requirements are going to increase by 33.33 percent in 2015-16, to 19.2 MT. Besides ...


Sesa Goa, SAIL, Tata Steel look good: Malkan
Mon, 29 Apr 2013 06:29:24 +0100
So I could go for Sesa Goa, Steel Authority of India (SAIL), Tata Steel and also one stock which was particularly good is McDowells. Sesa Goa touched its 52-week high Rs 207.90 and 52-week low Rs 140.55 on 04 July, 2012 and 16 April, 2013, respectively.


Sell SAIL with a price target of Rs 54: Mitesh Thacker
Mon, 15 Apr 2013 03:41:20 +0100
In a chat with ET Now, Mitesh Thacker, Technical Analyst, miteshthacker.com shares his view on Steel Authority of India (SAIL) Ltd. ET Now: What is your call on SAIL Mitesh Thacker: Sell Steel Authority of India (SAIL) with a stop loss of about Rs 60 and ...


Iisco Modernisation Changing Face Of Burnpur
Sat, 30 Mar 2013 17:49:41 GMT
of the Steel Authority of India Ltd (SAIL) is still a few months away but what is heartening is that the Rs.16,000-crore investment has already begun transforming the area. Green shoots are now sprouting in an area which until recently lived in the past ...