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JSW POSCO DEAL
JSW Steel, POSCO to invest $7.7 billion in Odisha steel plant, sources sayJSW Steel and POSCO have announced a $7.73 billion investment plan to build a steel plant in Odisha, India. The plant will initially produc...- JSW eyes coal mines of Australia's BHP Group in potential $1.5-2 billion dealJSW Group is reportedly eyeing the purchase of two coking coal mines in Australia from BHP Group in a potential $1.5-2bn deal, to fuel its ...
- JSW Techno Projects Management to acquire 49% shares BRPL in OdishaA JSW spokesperson clarified that “JSW Techno rojects Management is a promoter company and the acquisition is not being done by JSW Steel.”
- Aion Capital in talks with troubled Uttam Galva Steels for takeoverAion is a joint venture venture between Apollo Global Management, one of the world’s largest distress asset investors, and ICICI Venture.
- JSW interested in setting up 10 mn tonne steel plant in OdishaChairman Sajjan Jindal revealed the plan to the media on Friday after meeting Odisha Chief Minister Naveen Patnaik during an investors’ mee...
- Our rules haven’t kept pace with global laws: Seshagiri Rao, JSW Steel“The way it has been portrayed, we are the perpetrators, but we are actually the victims,” said Seshagiri Rao MVS, joint managing director ...
- RIL-BP's USD 7.2 bn deal - biggest FDI into India ahead of Posco, Arcelor Mittal investmentsReliance Industries' $7.2 billion deal with British giant BP Plc, cleared by the government, is seen as biggest foreign direct investment i...
- Global M&A activity picking up: PwCGlobal M&A activity has been increasing with a recovery in the metals sector post the 2009 slump and stake sales in India leading the trend...
- RIL-BP $7.2 bn deal among largest FDIs in IndiaReliance Industries' $7.2 billion mega deal with British major BP Plc is seen as the biggest the foreign direct investment into India so fa...
- Sajjan Jindal intends to script turnaround story of Ispat IndustriesWhat gives Sajjan Jindal a business high is studying and selecting steel technologies. That facet of his was on show again in his recent ac...
- JSW-Ispat deal: Steel consolidationThe challenge now for Indian steel makers is to emerge as lowest cost and innovative producers.
- Mining is the biggest den of corruption: Sajjan Jindal, JSW SteelIn a chat with ET Now, Sajjan Jindal, VC & MD, JSW Steel, and Vinod Mittal, VC & MD, Ispat Industries, spoke on corruption in the mining se...
- JSW, Reddys deal hinges on iron oreJSW Steel, one of India’s biggest steelmakers, has demanded a stake in the controversial Obulapuram Mining Company (OMC) or a definite deal...
- Japanese steel companies' India plansThe likes of Japan’s sixth-largest steel company JFE Steel and Sumitomo Metal Industries are negotiating with JSW Group and Bhushan Steel, ...
- JSW-JFE will re-rate the Indian steel sector: Centrum BrokingNiraj Shah, Senior Research Analyst, Centrum Broking feels the JSW-JFE stake sale deal is a big plus for all companies in the Indian steel ...
- NMDC signs contract with Japanese, Korean steel millsState-owned mining giant NMDC has clinched a 33-44 per cent lower rate on the long-term contracted prices for iron ore with Japanese and So...
- Price cut, costly ore to hit JSW Steel hardJSW Steel expects its bottomline to take a hit of Rs 450-500 crore in 2008-09, due to increasing input costs and a reduction in steel price...
- Tatas' Corus takeover steals the thunder in 2007Tata Steel's takeover of Corus Group in early 2007 gave other domestic companies the self-belief of taking on multinationals much bigger in...
- Local steel firms on a global shopping spree for ore, coalEven as global steel majors like Arcelor-Mittal and Posco are looking at India as a manufacturing base, domestic steel companies like SAIL,...
- Indian Steel cos want to buy global oreWhen India is becoming manufacturing hub for global steel cos, Indian firms are buying ore & coal outside.
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