India becomes second largest casting producer, says IIF

New Delhi: India has become the world's second largest producer of casting after surpassing the United States in 2017, according to Indian Institute of Foundrymen (IIF).

Vedanta bids Rs 53.2 bn for Electrosteel, beats Tata Steel's offer

Kolkata: Vedanta has bid Rs 53.2 billion (US$ 817.71 million) for Electrosteel Steels, Rs 20 billion (US$ 307.41 million) more than the bid from Tata Steel.

India pips Japan to become 2nd largest crude steel maker

Mumbai: India's crude steel production surpassed that of Japan in February 2018, making India the second largest steel producer in the world, according to Steel Users Federatio...

JSW Steel posts record 16.27 million tonne output

New Delhi: JSW Steel achieved it highest annual output of crude steel in 2017-18 at 16.27 million tonne and a 101 per cent capacity utilisation for the month of March 2018.

Cement, steel push core sector growth to 5.3% in February

New Delhi: The output of eight core sectors of Indian economy increased 5.3 per cent year-on-year in February 2018 on the back of high growth in cement and steel production.

Tatas in race to be lndia's largest steelmaker, to overtake JSW and SAIL

New Delhi: Tata Steel could become India's largest steelmaker with acquisition of Bhushan Steel and Bhushan Steel and Power which will add 5.6 MTPA and 3 MTPA to its capacity, ...

JSW Steel to set up facility in Texas with US$ 500 million investment

Mumbai: JSW Steel Ltd will be expanding its operations in Texas by  investing US$ 500 million as per the Memorandum of Cooperation signed by JSW’s US unit with the Texas...

Tata wins bid for Bhushan Steel

New Delhi: Tata Steel won the bid to acquire Bhushan Steel Ltd which will add 5.6 million tonnes of capacity to Tata Steel's current production capacity, further making Tata st...