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Tata Steel declared global industry leader in steel sector Kolkata: Tata Steel has been ranked as the global industry leader in the steel sector for the year 2016 by the Dow Jones Sustainability Index (DJSI), thus ranking first among more than 20 global steel majors in terms of Corporate Sustainability Leade...

Economic Times September 12, 2016

China's Tidfore to pick up stake in Uttam Galva New Delhi: Tidfore Heavy Equipment Group, the China-based infrastructure giant, is looking to enter the Indian market by signing an investment agreement worth US$ 150 million with Uttam Galva Metallics, to expand its Wardha unit along with South Kore...

Business Standard August 18, 2016

Indian steel firms set to perform better on increased demand: Moody's Mumbai: The profitability of Indian steel companies will likely outperform its Asian peers, owing to rising domestic demand, minimum import prices and anti-dumping duties, according to a report by Moody’s Investors Service....

Business Standard August 17, 2016

Scope for defence production from ArcelorMittal-SAIL venture: govt New Delhi: ArcelorMittal SA is looking to set up a joint venture (JV) factory in India with state-owned Steel Authority of India Ltd (SAIL), to manufacture high-end steel products which could be used in defence and satellite industries....

Livemint August 12, 2016

Steel Minister gives green signal to joint venture for first auto-shredding plant in India for recycling of specialized steels & other non-ferrous metals New Delhi: Mr Chaudhary Birender Singh, Minister of Steel, Government of India, has approved a joint venture (JV) between MSTC Ltd and Mahindra Intertrade Ltd, for setting up India's first greenfield auto shredding and recycling facility, which w...

Press Information Bureau August 09, 2016
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