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JAPANESE STEELMAKER
JSW Steel says Japan's JFE invests Rs 7,875 crore in JSW Kalinga, picks up 25% stakeJFE Steel Corporation has invested Rs 7,875 crore in JSW Kalinga Steel. This marks a 25% stake acquisition and joint control of the venture...- Japan launches anti-dumping probe into stainless steel sheets from China, TaiwanJapan has initiated an anti-dumping investigation into nickel-based stainless cold-rolled steel sheets and strips imported from China and T...
- CCI clears Nippon Steel, JFE Steel's proposal to collectively acquire stakes in Australian coal mineThe Competition Commission of India (CCI) has approved the acquisition of a 30% stake in Queensland's Blackwater coal mine by Nippon Steel ...
- Nippon Steel sues Japan business partner Toyota over patentToyota said it learned of the lawsuit "with great regret," stressing it had checked on possible patent conflicts with Baosteel. Toyota sees...
- Japanese shares hit 30-year highs as Suga offers to step downNikkei share average rose 2.04% to 29,128.11, its highest close since June 16 while the broader Topix vaulted as much as 1.61% to 2,015.45,...
- JFE, JSW plan joint bid for Bhushan SteelJFE is keen to participate and a team from Japan accompanied JSW for the due-diligence process for Bhushan Steel, including making joint si...
- SAIL, JSW and Tata Steel to have better year ahead: Moody's"Demand for steel will likely increase a modest 3%, outpacing net production capacity additions and driving increased utilisation rates."
- SAIL, Kobe Steel enter JV for iron nugget plant in West BengalA ministry delegation led by Beni Prasad Verma, the minister of steel, senior officials of the ministry and SAIL are currently in Tokyo to ...
- JFE plans to take its stake in JSW beyond 14.9% to meet corporate normsIndia has amended the Takeover Code and has increased the threshold limit for an open offer to 25%. But the govt is yet to notify it.
- Steel cos in a dilemma over war between miners, steelmakersThe global war between miners and steelmakers, which pushed up coking coal prices by 52%, has put Indian steel companies in a dilemma.
- SAIL to build steel plant with Japanese Kobe SteelSAIL which has an existing agreement with Kobe Steel, will extend its relationship by jointly building steel plant and power unit in Uttar ...
- Japanese companies may set up steel plants in IndiaFriday’s deadly earthquake in Japan could likely push steel companies from that country to speed up plans to build manufacturing presences ...
- Coal miners may shift to monthly contract to arrest price volatilityLarge users of coal such as steelmakers and utility companies will now have to learn to manage another problem, that of monthly coal suppli...
- Global steel consolidation almost done: ArcelorMittalConsolidation in the steel industry is almost finished, apart from in China, said the head of the world's No.1 steelmaker, ArcelorMittal, d...
- POSCO says to lend LNG tanker to Japan's ItochuSouth Korea's POSCO said on Thursday it would lend its No.4 liquefied natural gas (LNG) tanker to be built by June, 2013 to Japanese tradin...
- Emerging hub for automotive steelThrust on small cars leading to Japanese interest in making auto grade steel in India.
- Sumitomo to buy minority stake in Bhushan Steel’s Bengal projectJapanese steelmaker Sumitomo has agreed to pick up a substantial minority stake in Bhushan Steel’s mega steel project in West Bengal, joini...
- Steel majors to push for input price cutsWith barely a day to go for annual price contracts for FY10, domestic steelmakers are gearing up for intense negotiations to induce price c...
- Japanese steel cos bolster defences against takeoversNippon Steel, the world’s second-biggest steelmaker, and two Japanese rivals will spend 260 billion yen buying stakes in each other to bols...
- Nippon steel's Q1 profit falls amid costsNippon Steel, the world's third-largest steelmaker, said first-quarter profit fell 18 per cent amid higher iron ore costs and lower export ...
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