Tata Steel has inaugurated the Jalahari Stream Project at Khondbond in the Keonjhar district of Odisha on October 6, 2018. As part of its Corporate Social Responsibility (CSR), Tata Steel Rural Development Society, the CSR wing of Tata Steel had taken up the stream development work in the peripheral village of Khondbond Iron Mine at … Read more
Tata Steel has reported consolidated steel output (Provisional) at 7.33 million tonne (MT) during Q2 FY19. During Q2 FY18, the company’s output (Actual) on consolidated basis stood at 7.26 MT. The sales during the reported quarter (Provisional) stood 7.22 MT from 7.38 MT (Actual) in the year-ago period, registering a fall of around 2 percent. … Read more
Bhushan Steel has reported production of 1.05 MT in Q2 FY19 as against 0.85 MT in Q2 FY18. The sales was at 1.14 MT in Q2 FY19 as compared to 1.03 MT in Q2 FY18. The company has reported production of 2.09 MT in H1 FY19 as against 1.84 MT in H1 FY18. The company … Read more
The quarterly steel production saw a 46% growth during Q2 FY 2019, while the quarterly steel sales traced a steeper curve by recording a rise of 53% Jindal Steel and Power (JSPL) has posted its highest ever domestic quarterly steel production and sales in Q2 FY 2018-19. The company recorded a crude steel production of … Read more
Tata Steel Ltd had won the bid to acquire debt-laden Bhushan Steel Ltd (BSL) in an insolvency auction. The bankrupt firm was among the 12 stressed assets the RBI had referred for NCLT proceedings last year. “BNPL has successfully completed the acquisition of controlling stake of 72.65 percent in BSL in accordance with the approved … Read more
Steel has been used to make automobiles since the early 1900s but corrosion resistance features became standard in vehicles beginning in the early 1980s when Japanese cars gained entrance to the U.S. market. North American-made vehicles were having “real rust problems” that couldn’t be fought merely with heavier, and more expensive, paint. By the mid-1980s, … Read more
Who can forget the year 2013 when humanity saw one of the worst natural disasters in the history of India. Due to cloudbursts in the state of Uttarakhand, the flash floods in river Ganga and landslides washed away thousands of lives. The Kedarnath bridge at Sonprayag also washed out due to heavy floods. The death … Read more
