JSW buys Ispat, to make it profitable in one year

JSW Steel will become India's largest steel company by capacity, as it agreed to buy a controlling 41.29 per cent stake in Ispat Industries for Rs 2,157 crore (Rs 21.57 billion), valuing the......

CoalMin seeks explanation from JSW, Tata Steel, others

The Coal Ministry has issued show-cause to eight firms including Hindalco Industries and Mahanadi Coalfields, and sought explanation from five firms such as JSW Steel, Tata Steel and Power Finance......

No price rise for now, say steelmakers

NMDC has increased its iron ore prices by around 10 per cent but steelmakers are still studying the impact. They say a price review may happen in the coming days. The major steelmakers that buy ore......

What makes this loss-making steel co so attractive?

Long products demand growth is expected to be sharp, supported by a demand push from the government-led infrastructure investments in affordable housing, railways, rural electrification and road......