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Aussie cyclone batters India's steel producers

The economic impact of last week's cyclone Yasi and late December floods in Australia's major coal producing state of Queensland has washed up on Indian shores. Raw material costs have escalated......

Jindal Steel buys Omani company for $464 million

Jindal Steel and Power on Thrusday said it has acquired Oman-based Shadeed Iron & Steel for $464 million. "We have acquired Shadeed Iron & Steel (Shadeed) which has 1.5 MT Hot Briquetted Iron (HBI)......

Steel prices may zoom in April

Come April, steel prices are likely to skyrocket on the back of an expected 65 per cent increase in iron ore prices. Domestic steel producers without captive mines source most of their iron ore......

Jindal Steel to invest $2.1 bn in Bolivia

Steel major Jindal Steel and Power Ltd on Friday said it would invest $2.1 billion(about Rs 9,500 crore) to set up new steel plants in Bolivia for which it has reached an agreement with the Latin......

Jindal to sign JV with PowerGrid

PowerGrid Corporation will shortly sign a joint venture agreement with Jindal Power for a transmission line project.The line will evacuate power from Jindal's proposed 1000-Mw coal-based thermal......

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Sushil Maroo

News for Sushil Maroo

Aussie cyclone batters India's steel producers

Jindal Steel buys Omani company for $464 million

Steel prices may zoom in April

Jindal Steel to invest $2.1 bn in Bolivia

Jindal to sign JV with PowerGrid

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