SAIL, Posco likely to have equal stake in JV

An equal joint venture agreement between state-run SAIL and South Korean major Posco is likely to be inked during Steel Minister Beni Prasad Verma's proposed visit to Korea starting November 5.The......

Posco plant to be built in three phases

South Korean steel major Posco will build the $12 billion plant in Orissa in three phases and hopes to start work on four million tonne (MT) first phase soon after the land is transferred to it.......

DPR report on Posco, Sail JV soon

South Korean steel giant Posco and state-run SAIL are likely to come out with the detailed project report for jointly setting up a 1.5 million tonne per annum steel plant in Bokaro, Jharkhand in a......

Govt not opposed to Posco share in SAIL

The government is not opposed to Posco getting a majority stake in the proposed about Rs 12,000-crore (Rs 120-billion) joint venture between the South Korean giant and state-run SAIL, Steel......