The country has become the world's third largest steel consumer after China and the US and is the world's third largest steel producer afte...

Global Steel giant POSCO is likely to shift its first Finex plant to Kalinganagar in the state from Pohang, South Korea.

Private steelmaker Mesco plans to take its capacity to 4.5 million tonnes (MT) in the next 3-5 years with an investment of Rs 13,500 crore.

Odisha govt has recommended 457 hectares of Malangtoli iron ore deposit to Mideast Integrated Steel -the flagship company of Mesco Group.

Corporate India announced M&A deals worth $1.19 bn in April, registering a decline of 83% in value terms over the year-ago period.

This acquisition provides us with a wonderful synergy, whereby we raise our own capacity to 2.2mt," Rita Singh told ET.

The deal is worth Rs 1,160 crore, she said. As per the deal, Delhi-based Mesco will take over Maithan Ispat's 1 million tonne steel plant a...

Sources indicate that the deal is struck to bail out the debt-laden Maithan Ispat & Mesco with its huge iron ore reserves will be able to m...

Odisha accounts for more than half the country’s total iron ore production, and remains critical to the country’s iron and steel requiremen...

According to sources close to the development, SBI Chairman Arundhati Bhattacharya has been personally involved in some of these meetings.

The Letter of Assurance (LoA) route, introduced in 2007, provides for assured supply of coal to developers.

Maithan Ispat, a part of the Kolkata-based Maithan Group, has raised over Rs 73 crore by diluting some equity stake to Orix Corporation and...