Tata Steel seeks to maintain price line

Tata Steel on Tuesday said that there was no price hike in the offing despite the Steel Authority of India Ltd and Essar Steel raising their prices.A company spokesperson said Tata Steel would......

Fresh notices to Tata Steel, JSPL on coal allocation

The government on Friday issued fresh show cause notices to prior allottees of coal blocks like Jindal Steel & Power Ltd, JSW and Tata Steel, asking reasons behind delays in mines development and......

Excise hike may push up steel prices by Rs 600/ton

The domestic steel companies such as SAIL and Tata Steel are likely to increase prices by about Rs 600 a tonne on account of the increase in excise duty in the Budget. "With two per cent increase......

Companies cut production as steel demand falls

Leading steel producers including JSW, Essar, Ispat Industries have resorted to production cuts following a steep decline in demand amid the global economic slowdown. They are also aiming to clear......