Losses at the company widened by 22% to Rs 29,666 crore from Rs 24,219 crore in the quarter ending June. Total expenses, however, slid too ...

The Odisha govt may Posco the option of a JV with the Odisha Mining Corporation as the Centre and state try to salvage the USD-12 billion p...

Mesco Steel is scouting for assets like precious minerals, iron ore and coal to ensure raw material availability for its steel plants under...

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.

Indian Steel Association (ISA) today sought Odisha government's active support to tide over the challenges.

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...

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.

In 90s, Rita Singh’s group left a trail of failed businesses. Two decades on, she is repairing the biz, but can she win back investor trust?

MESCO Steel Group plans to invest $2.8 billion (over Rs 1,000 crore) to expand its existing steel making capacity and set up a greenfield p...

Mesco’s Rita Singh is back in the news. The comeback, helped by increasing steel demand and prices, is marked by the Rs 330 crore revenues ...

Stemcor, the world’s leading metals trading group, is in talks to double its stake in Delhi-based Mesco Steel from the current 10%.