South Asia Steel Sector News

Sell Steel Authority of India, target Rs 44: Manas Jaiswal
Mon, 20 May 2019 00:00:00 GMT
STEEL AUTHORITY OF INDIA LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 30/05/2019 ,inter alia, to consider and approve Board Meeting for consideration, adoption of Standalone and Consolidated Financial Statements for the Quarter/Year ended 31.03.2019 and consider recommendation of dividend, if any, for


Al-Tuwairqi Steel Mills dispute lands in international court
Wed, 15 May 2019 21:20:00 GMT
ISLAMABAD: Pakistan and Saudi Arabias Al-Tuwairqi Group of Companies have landed in a legal battle in an international court of arbitration. The government has approved a supplementary grant of


ArcelorMittal resolution plan violative of IB Code: Prashant ...
Wed, 15 May 2019 00:00:00 GMT
Senior advocate U K Chaudhary, representing Ruia, said that the proposal of ArcelorMittal India was in violation of IBC code as the proposal if approved negates the right of Subrogation of the


SEAISI Press Release
Fri, 10 May 2019 00:00:00 GMT
Tata Steel Unveils Innovative Steel Coils Storage Facility


SAIL supplies electric poles for restoration work in Odisha
Thu, 09 May 2019 00:00:00 GMT
The production of these TMT bars began in SAILs IISCO Steel Plant on May 1 and the first consignment was flagged off on May 6,


SEAISI Press Release
Wed, 08 May 2019 00:00:00 GMT
Plate mill upgrade for JSW Steel at Baytown, Texas


Ukraine: EMSS to supply rolls to Azovstal
Fri, 03 May 2019 09:55:58 GMT
Energomashspetsstal has received a new order to produce working rolls for Azovstal. The new order envisages the manufacture of 22 working rolls for the hot-rolling mills with the weight of 6 to 16 tons. The total weight of the rolls to be supplied is 182.4 tons. The rolls have to be delivered in Q2-Q3


Tata Steel pips JSW Steel to become top producer of alloy in ...
Thu, 18 Apr 2019 00:00:00 GMT
Tata Steel edged past JSW Steel to be the largest steel producer in India in FY 2018-19 boosted by the acquisition of Bhushan


Specialty Steel Treating Invests in New Afc-Holcroft Equipment ...
Mon, 15 Apr 2019 04:16:00 GMT
Specialty Steel Treating has had a long relationship with AFC-Holcroft ... and has a global presence through a network of partners located in Australia, Brasil, India, Mexico, Poland and


Zimra garnishees Ziscosteel accounts
Thu, 11 Apr 2019 00:20:00 GMT
An Indian steel conglomerate, Essar Global, signed a $750 million deal with Government to resuscitate operations at Zisco but the deal failed to sail through. The


JSW Steel, JSPL to profit from weak forecast on iron ore prices
Wed, 10 Apr 2019 18:22:00 GMT
Leading non-integrated steel players like Jindal Steel & Power Ltd (JSPL ... It was precipitated by a major dam breach at Vale's mine in Brazil. International prices have shot up by 16 per cent but


Tata Steel BSL posts 9.4% increase in crude steel production
Tue, 09 Apr 2019 00:00:00 GMT
Tata Steel BSL has an existing capacity of 5.6 million tonne and was Indias fifth largest steel producing company as on March 31,


The global and technological effect
Fri, 05 Apr 2019 05:18:00 GMT
The deal was for Essar an Indian company to take over operation at Zisco Steel breaking it into two operational companies were it would hold the majority share of around 80% with the government


Buy Steel Authority of India (SAIL), target Rs 70: Anand Rathi
Thu, 04 Apr 2019 00:00:00 GMT
Buy Steel Authority of India (SAIL) at a price target of Rs


Trade tribunal set to release report on steel safeguards today
Wed, 03 Apr 2019 01:04:00 GMT
Tenaris, like all the other major steel producers in Canada ... Five countries South Korea, Thailand, India, Brazil and Russia made submissions to the tribunal, something McIlroy said you don't


Thyssenkrupp workers want guarantees should Tata Steel deal dissolve
Wed, 03 Apr 2019 00:00:00 GMT
By Tom Kckenhoff and Promit Mukherjee DUISBURG, Germany/MUMBAI Reuters - Steel workers at Thyssenkrupp (DE:TKAG) expect substantial guarantees for jobs and plants even if a planned joint


Thyssenkrupp-Tata Steel remedies won't impact JV synergies - ...
Tue, 02 Apr 2019 11:22:02 GMT
FRANKFURT/DUESSELDORF, Germany Reuters - Asset sales offered by Thyssenkrupp (DE:TKAG) and Tata Steel to get antitrust approval for a planned joint venture will not jeopardise targeted


Basant Jhawar strongly objects to removal from Usha Martin Board
Tue, 02 Apr 2019 00:00:00 GMT
The UML board has agreed to sell off the company's steel business to Tata Steel for Rs 4,600 crore to pare


JSW Steel targets Rs 650 cr Ebitda for Monnet Ispat before deciding ...
Fri, 29 Mar 2019 00:00:00 GMT
Monnet Ispat will also be required to bring its net debt to Ebitda ratio down to 3.5x before any of the two parties can seek a


Vivek Gupta assumes charge as the new Director at SAIL
Thu, 28 Mar 2019 00:00:00 GMT
After joining SAIL-ISP, Gupta rose to the rank of Executive Director and served as ED (Projects) at Corporate Office, ED-VISL and then as ED (Projects & Operations) of Raw Materials Division,


Number of news reports: 20