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Sahaviriya Steel Industries

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Rediff.com  »  News  »   Sahaviriya Steel Industries

  News for Sahaviriya Steel Industries

  • Business

Corus inks draft Teesside sale

 After months of negotiations, Tata Steel-owned Corus has tentatively agreed to sell the beleaguered Teesside Cast Products plant to Thailand's Sahaviriya Steel Industries for a price of 320 million......

Will Tata Steel's global stride with new deal aid profitability?

 It was August 2007. Tata Steel was turning 100. Jamshedpur, its hometown, had an air of celebration. Photograph: Andrew Yates/Reuters The line-up for the special event included the launch of Air......

Tata Steel faces tough choices in Europe

 Tata Steel last fortnight announced it has initiated talks with Geneva-based Klesch Group to sell its European long products business. The assets include Scunthorpe steelworks, an engineering......

Why the Tata-Corus merger was doomed to fail

 The Anglo-Dutch merger was meant to revive the ailing British Steel which had incurred a net loss of £81 million in the year ended March 31, 1999 The Corus group - born out of a deal between......

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