For the quarter ending September 2012, the Tata Steel posted a consolidated net loss of Rs 363.9 crore
compared to a net profit of Rs 212 crore for the year-ago period. The company attributed losses to lower steel prices and higher raw material costs, coupled with the poor performance of its Europe division, Tata Steel Europe, whic
Category: Materials
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High cost causes Tata Steel to post consolidated loss
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Tata Steel expects phase I of steel project by March 2014
Tata Steel expects to operationalise three million tonne steel plant in the first phase of its six million tonne greenfield steel project at Kalinga Nagar, by March 2014. This is despite the fact that the company has not been able to get raw material security for the project as allotments of mines are yet to come through. The project is co
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Hyderabad Metro project gets new steel cutting unit
Andhra Pradesh Urban Development Minister Maheedhar Reddy recently unveiled an automated steel cutting and bending plant that would be beneficial for the ongo
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ANIIDCO transports steel materials to govt
Andaman and Nicobar Islands Integrated Development Corporation (ANIIDCO) has been the nodal agency for procurement and supply of steel materials
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Copper makers suffer from high duty on raw material
Small and micro copper manufacturers in the country complain that their operation was unsustainable because of high import duty for raw material and less duty
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Superior to conventional piping
The double wall corrugated (DWC) polyethylene piping system has been globally designated as a major instrument in non-pressure (gravity flow) conÂveyance of wastewater/storm draiÂnage/industrial effÂluent especially in renewal and extension of urban infrastructure.
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PPT for more container cargo
In view of the sharp drop in iron ore traffic, the Paradip Port Trust (PPT) is tapping other commodities to boost its total throughput.
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Alom Poly Extrusions: Lighter and stronger
Alcorr double-wall corrugated pipes made of extrÂemely versatile raw material called high-density polyethylene (HDPE) are composed of two layers having glass smooth inner wall and annular corrugated outer configuration.
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Mazagon Dock, Pipavav JV on hold
The Defence Ministry has decided to put on hold a joint venture (JV) between Mazagon Dock and Pipavav Defence and Offshore Ltd, saying it would wait till a policy on JVs is put in place by the govÂeÂrÂnÂment.
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Double-stack container train
Railways have decided to run double stack container trains between Gurgaon and Mundra Port in Gujarat. This will provide a boost to the transportation of cars, steel and consumer goods.