Cracks have surfaced in the apex alliance of steel producers.The top five members of the Indian Steel Alliance -- Steel Authority of India, Tata Steel, Jindal Vijaynagar, Essar Steel and Ispat......
The promoters of three steel companies -- Essar Steel, Jindal Vijayanagar Steel and Ispat Industries -- will be required to write down the equity in these companies by 40 per cent.This is one of......
The Uttam Galva-ArcelorMittal deal is the second consolidation move in the steel industry in the past month, the first being Essar Steel's acquisition of Shree Precoated. The main reason for the......
Reliance Industries on Monday signed gas sale agreements with steel makers including Essar Steel and Ispat Industries for supplying 3.75 mmcmd of natural gas from its offshore Krishna Godavari-D6......
Domestic producers of hot rolled steel, the intermediate that is used by automobile and consumer durables manufacturers, have emphatically ruled out the possibility of dropping prices ahead of the......