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MIDEAST INTEGRATED STEEL
The 22 smallcap turnaround stories of Q2 that market is rewarding instantlyAll these companies had at least Rs 100 crore in sales for the quarter.- SC appointed panel clears some of Odisha's largest miners of charges of illegal operationsThe committee, which comprised of former Supreme Court judges Justice Anil R Dave and Justice G S Singhvi, was asked to investigate 'de nou...
- Mesco Steel chases iron ore, coal assets in US, AustraliaMesco Steel is scouting for assets like precious minerals, iron ore and coal to ensure raw material availability for its steel plants under...
- POSCO's Finex plant likely to be shifted to India by OctoberGlobal Steel giant POSCO is likely to shift its first Finex plant to Kalinganagar in the state from Pohang, South Korea.
- Mesco plans Rs 13,500 crore investment to raise capacity in 3-5 yearsPrivate 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.
- Mesco flagship to get a third of Malangtoli minesOdisha govt has recommended 457 hectares of Malangtoli iron ore deposit to Mideast Integrated Steel -the flagship company of Mesco Group.
- Mines ministry commission alleges violations of mining and environmental laws in OdishaA fact-finding committee appointed by the Union mines ministry has alleged serious violations of mining and environmental laws have been co...
- 23 mines in Odisha under the scannerA mines ministry appointed fact finding committee has noted violations of mining and green laws in the operations of 23 mines in Odisha.
- Centre takes back 10 coal blocks from firms like Jindal Steel, Tatas, AdaniThe government has cancelled 10 coal blocks allocated to various firms, including Jindal Steel & Power, Tatas and Adani Power.
- Stemcor extends time for Indian assets sale by about a monthStemcor Holdings has extended the deadline for selling its Indian assets by about a month as it has secured time till February-end from its...
- Yet to hear from Stemcor on our EoI: Tata SteelTata Steel is yet to receive any communication from the British parent of the iron ore producer and pellet maker.
- Essar Steel front-runner in race for Stemcor India's assetsRuais-promoted Essar Steel is the front-runner to clinch Stemcor India's assets for which at least a dozen domestic and overseas firms, inc...
- JSPL leads race to acquire Indian assets of StemcorThe two have also entered into an “exclusivity” arrangement recently for bilateral negotiations that will allow JSPL to conduct a detailed ...
- Stemcor may auction its Indian assets: ReportWith race for buying Stemcor's $ 800-million Indian assets hotting up, the British steel company may go the auction way to choose a buyer f...
- Can Mesco group's Rita Singh win investors' trust?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?
- Stemcor's iron ore project in Odisha gets Rs 900 crore fundingA consortium of lenders led by IL&FS have agreed to provide funding to Stemcor, sparking hopes of a revival in lending to large mining proj...
- Govt approves 23 coal blocksGovt is understood to have approved allocation of 23 coking and non-coking coal blocks to leading steel, cement and power producers, includ...
- MESCO to invest Rs 1,000 cr for greenfield projectMESCO 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...
- Steel to copters, Mesco sisters steer the groupMesco’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 looks to ramp up presence in IndiaStemcor, the world’s leading metals trading group, is in talks to double its stake in Delhi-based Mesco Steel from the current 10%.
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