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Mittal may lose Baotou to Baosteel in China

China's largest steel producer, Shanghai Baosteel, has set its eyes on Baotou Iron & Steel Group after global steel baron, Lakshmi Mittal's bid for a 50 per cent stake in the Chinese company......

Baosteel in talks with Tatas for alliance

Shanghai Baosteel Engineering & Equipment, part of the $12 billion Baosteel group, met the Tata Steel brass in Jamshedpur on Monday night to discuss a possible strategic alliance, which could lead......

Why Iran's infra push is good news for India

Two projects in Iran, which India is to execute involving major financial commitments on its part, are of particular significance for Indian steel. To the advantage of Indian steel and mineral......

Tata Steel, JSW, SAIL brace for achche din ahead

Domestic steel majors such as SAIL, JSW Steel and Tata Steel will have a better year ahead on the back of capacity expansions and higher utilisation, leading to rise in profitability, global......

Steel prices to rise sharply from August

Led by the record increase in benchmark iron ore prices, steel rates are set to climb steeply from August, immediately after the three-month period during which steel producers had promised the......

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