India-based steelmaker JSW Ispat has announced that the Supreme Court of India has approved its merger with JSW Steel, though the certified copy of the approval is still awaited. JSW Ispat shareholders will get one JSW Steel share for every ...
Tags: JSW Ispat, JSW Steel Merger
India's Steel Ministry has pointed out that the raw material needs of the two major domestic state-owned steelmakers Steel Authority of India (SAIL) and Rashtriya Ispat Nigam (RINL) will increase by up to 39 percent within three years as ...
Tags: Steelmaker, Raw Material
Indian steelmaker JSW Steel has denied media reports about Japan's JFE Steel increasing its shareholding in JSW. The Indian steelmaker stated that JFE Steel still has a 16.17 percent shareholding in the company. An Indian-based newspaper ...
Tags: Steel Denies Reports, Mineral
Reportedly, Indian Rashtriya Ispat Nigam Ltd (RINL) planned to raise its steel output by 24% year on year in the fiscal year during April, 2013 through March, 2014 after the company increased producitono from its newly commissioned units at ...
Tags: Steel Output, Steel
Switzerland based SMS Concast has announced that it has received an order from the Indian steelmaker BMM Ispat for the delivery of a combined-caster. With the new caster, BMM Ispat will be able to produce 1.1 million mt of billets and ...
Tags: SMS Concast, steelmaker BMM, caster
Malaysia's Ministry of International Trade and Industry (MITI) has announced its final decision regarding the antidumping (AD) duty investigation on steel wire rod imports from Taiwan, China, Indonesia, South Korea and Turkey. Malaysia ...
Tags: wire rod imports, wire rod, steel wire
The US Department of Commerce (DOC) announced Friday the initiation of administrative reviews of antidumping (AD) and countervailing duty (CVD) orders with a December anniversary date. The DOC initiated the following administrative review ...
Tags: steel products, HRC, Steel
Recently, the prices of hot rolled coils (HRC) have remained flat at INR35, 750~INR36, 250/ton in the Indian domestic market even though the local steelmakers increased the prices. Last week, the major steel mills in India such as ...
It’s reported that the four major steelmakers in Indian announced to raise the prices of steel products by INR500~INR1,400/ton for January. Rashtriya Ispat Nigam Ltd (RINL) announced to increase its steel product prices by INR500/ton. ...
Tags: steelmakers, India, prices, products
On Thursday, Camp Hill, Pennsylvania-based diversified global industrial company Harsco Corporation announced a new multi-year contract valued at more than $225 million for onsite services to India's largest steel producer, JSW Steel. ...
Tags: Harsco Corporation, contract, JSW Steel, India
Diversified global industrial company Harsco Corporation announced a new multi year contract valued at more than USD 225 million for onsite services to JSW Steel. Harsco will provide resource recovery and slag management services at ...
Tags: Harsco Corporation, onsite services, steel, stee market
PTI reported that country's major steel makers are set to add around 24 million tonnes per annum capacity through brown field expansions by 2017-18 involving investments to the tune of INR 0.1 million. According to a Steel Ministry data, ...
Tags: steel makers, steel, Steel Authority, steel capacity
Business Standard reported that the state owned Odisha Mining Corporation, a minority shareholder in the MMTC managed Neelachal Ispat Nigam Ltd, proposes to buyout shares of another state company, Industrial Promotion and Investment ...
Tags: Odisha Mining Corporation, mining, iron ore mines, steel plants
Indian state-run steelmaking and mining company Rashtriya Ispat Nigam Limited (RINL), also known as Vizag Steel, has announced that it has registered a 15 percent growth in sinter production in December, reaching 528,000 mt, the ...
Tags: RINL, India, Vizag Steel, December
Massive modernization and expansion plans have already been launched in Steel Authority of India Limited and Rashtriya Ispat Nigam Limited for increasing the steel making capacity from 12.4 million tonne to 20.2 million tonne and from 3.0 ...
Tags: Steel Authority of India Limited, Rashtriya Ispat Nigam Limited