JSW Steel has reported Crude Steel production at 14.47 lakh tonnes (LT) for October 2018, registering a growth of 8% over corresponding month of previous year. The production of rolled products (long) increased to 3.46 LT in October 2018 as compared to 2.58 LT in October 2017, representing a growth of 34%. The production of … Read more
JSW Steel will reportedly invest around Rs 350 crore in order to set up two pipe conveyor projects that would transport ore from the mines to its plant in the state of Karnataka. The projects, which will be completed by the end of 2018-19, will save the company as much money – around Rs 350 … Read more
Tata Steel is looking to adopt a unified branding strategy for all newly-acquired companies, so as to not confuse consumers and this would be done only after they are upgraded to meet standards of Tata’s quality. Recently, the company has taken over stressed steel plants of Bhushan Steel and the steel business of Usha Martin. … Read more
Tata Steel is aiming an installed capacity of around 30 million tonne per annum by 2025 in India from the existing 18.5 million tonne. The company has recently acquired Bhushan Steel and Usha Martin plants, which has a combined rated capacity of 7 million tonne per annum. The planned 30 million tonne capacity was based … Read more
Bhushan Steel has reported results for second quarter ended September 30, 2018. The company has reported net profit at Rs 60.71 crore for the quarter under review as against net loss of Rs 467.37 crore for the same quarter in the previous year. Total income of the company increased by 36.57% at Rs 5,907.47 crore … Read more
Steel Strips Wheels (SSWL) has bagged new Exports orders for Steel wheels for EU Caravan market. The order comprises of over 300,000 Wheels, mix of 13” and 14”, to be shipped from its Chennai plant over next 6 months with a total value close to Euro 2 million. Further, additional orders from other EU customers … Read more
Tata Steel has been named as an official partner for the prestigious men’s hockey World Cup to be held in Odisha from November 28 to December 16. The company has signed the agreement with the quadrennial event to continue their efforts of promoting development through sports throughout the country. Tata Steel, the flagship company of … Read more
