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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......

Tata & Nippon Steel may begin another mega venture

Tata Steel is exploring the possibility of setting up a mega project in collaboration with the world's fourth largest producer, Nippon Steel Corporation of Japan. "We have a longstanding......

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......

As projects falter, steel MNCs forge partnerships

As mega greenfield steel projects announced by behemoths ArcelorMittal and Posco struggle to make progress, multinational companies are charting a new route into India: Through equity participation......

Brexit brings bad news to Indian, global corporates

Some investors warned of a coming British or even global recession as sterling collapsed to hit its lowest since 1985. IMAGE: Big swings in sterling will be a headache for some international......

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Sumitomo Metal Industries

News for Sumitomo Metal Industries

Essar Steel looks abroad for auto partner

Tata & Nippon Steel may begin another mega venture

Tata Steel, JSW, SAIL brace for achche din ahead

As projects falter, steel MNCs forge partnerships

Brexit brings bad news to Indian, global corporates

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