In order to gain foothold in a growth market, overseas steel manufacturers may make strategic investments in smaller steel mills in India, agency reports suggest. Such investment by foreign steel firms may be beneficial for both the investor and the local company. The local partner gets both funding and technology while the
Author: admin (Infratructure Today)
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DSP posts 5% growth in steel output
The production of saleable steel by the Durgapur Steel Plant of SAIL rose 5 per cent in January from the year-ago month. The company also witnessed expansion in output across major categories such as hot metal, crude steel, continuous casting, blend mix and sinter during the month. The company produced 121,150 tonne of special steel and
Post
DSP posts 5% growth in steel output
The production of saleable steel by the Durgapur Steel Plant of SAIL rose 5 per cent in January from the year-ago month. The company also witnessed expansion in output across major categories such as hot metal, crude steel, continuous casting, blend mix and sinter during the month. The company produced 121,150 tonne of special steel and
Post
DSP posts 5% growth in steel output
The production of saleable steel by the Durgapur Steel Plant of SAIL rose 5 per cent in January from the year-ago month. The company also witnessed expansion in output across major categories such as hot metal, crude steel, continuous casting, blend mix and sinter during the month. The company produced 121,150 tonne of special steel and
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India may witness sharp fall in ore exports
India may export 17.3 million tonne iron ore in 2012-13, a far cry from the 61.8 million tonne export in the previous year and 120 million tonne in 2009-10, investment bank Barclays Capital said in a forecast. Between Apr-Nov 2012, the country exported 15 million tonne ore, compared to 36 million tonne in the previous year. This is a decline of 62.3 per
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India may witness sharp fall in ore exports
India may export 17.3 million tonne iron ore in 2012-13, a far cry from the 61.8 million tonne export in the previous year and 120 million tonne in 2009-10, investment bank Barclays Capital said in a forecast. Between Apr-Nov 2012, the country exported 15 million tonne ore, compared to 36 million tonne in the previous year. This is a decline of 62.3 per
Post
India may witness sharp fall in ore exports
India may export 17.3 million tonne iron ore in 2012-13, a far cry from the 61.8 million tonne export in the previous year and 120 million tonne in 2009-10, investment bank Barclays Capital said in a forecast. Between Apr-Nov 2012, the country exported 15 million tonne ore, compared to 36 million tonne in the previous year. This is a decline of 62.3 per
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Net profit of JSW Steel declines 18%
During October-December 2012, leading steel maker JSW Steel posted 18 per cent decline in its net profit at Rs 137 crore (Rs 168 crore) owing to lower capacity utilisation. Steel output was up 14 per cent at 2.17 million tonne. The capacity utilisation was at 78 per cent. The com
Post
Net profit of JSW Steel declines 18%
During October-December 2012, leading steel maker JSW Steel posted 18 per cent decline in its net profit at Rs 137 crore (Rs 168 crore) owing to lower capacity utilisation. Steel output was up 14 per cent at 2.17 million tonne. The capacity utilisation was at 78 per cent. The com
Post
Net profit of JSW Steel declines 18%
During October-December 2012, leading steel maker JSW Steel posted 18 per cent decline in its net profit at Rs 137 crore (Rs 168 crore) owing to lower capacity utilisation. Steel output was up 14 per cent at 2.17 million tonne. The capacity utilisation was at 78 per cent. The com