Finex plants allow production of molten iron directly using iron ore fines and non-coking coal and are cheaper to build and operate than th...

Mesco Steel is in talks with South Korean steelmaker Posco to acquire a 0.6 mtpa Finex furnace from the latter.

Posco has initiated talks with Uttam Galva Steels to set up a 3 million-tonne per annum facility in Maharashtra with Rs 16k cr investment.

Posco plans to go ahead with the first 2 phases on two-third of required land & even share infrastructure.

SAIL and South Korean Posco seem to have buried their differences, with the both parties showing flexibility in finalising the Rs 13,000-cr...

The differences were related to pricing of a key raw material and on the quantum of equity stakes for the two partners, said a person famil...

An equal joint venture agreement between state-run SAIL and South Korean major Posco is likely to be inked.

Even as the tenure of the previous MoU expired on June 21, 2010, the state government had gone on acquiring land.

POSCO said it expects to renew "shortly" its pact with Orissa government for building $12 billion steel plant while assuring no exports of ...

Posco has already ratified the DPR and if SAIL concurs with its assessment on the feasibility of the project, other modalities will be fina...

The government is not opposed to Posco getting a majority stake in the proposed about Rs 12,000-crore joint venture between the South Korea...

SAIL's proposed joint venture (JV) with Korean steel-maker Posco would be frozen by November this year and it was planning another JV with ...

In phase II, JV to set up plant for CRGO electrical steel sheet.

After Posco and ArcelorMittal, it's now Tata Steel that is keen on forming a JV with Steel Authority of India to set up a steel plant.

SAIL's board may in its upcoming meet approve granting up to 74 percent equity to South Korean steel giant Posco in the proposed Rs 11,000-...

SAIL and South Korea's Posco may seal a deal by the end of next month to set up an estimated Rs 15,000 crore steel plant in Jharkhand with ...

Dismissing threats by the entry of global steel-makers, public sector Steel Authority of India Ltd on Wednesday said it will invest Rs 49,0...