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......

Japan's growing yen for Indian assets

The appetite for Indian assets is growing among investors from the land of the samurai. An appreciating yen, combined with slow economic growth, has persuaded many Japanese investors to explore......

Steelmakers look downstream for higher margins

For so long Indian steelmakers, primarily, have been producing the low grade and raw steel and settled for lower margins, not any more. With a stable 8-10 percent rise in steel demand per year, and......

Essar Steel looks abroad for auto partner

Essar Steel wants to partner with a foreign company to consolidate its position in the automobile steel market in India. The company, soon to be a 10-million tonne per annum manufacturer, has 20-25......