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.

A fact-finding committee appointed by the Union mines ministry has alleged serious violations of mining and environmental laws have been co...

A mines ministry appointed fact finding committee has noted violations of mining and green laws in the operations of 23 mines in Odisha.

The government has cancelled 10 coal blocks allocated to various firms, including Jindal Steel & Power, Tatas and Adani Power.

Stemcor Holdings has extended the deadline for selling its Indian assets by about a month as it has secured time till February-end from its...

Tata Steel is yet to receive any communication from the British parent of the iron ore producer and pellet maker.

Ruais-promoted Essar Steel is the front-runner to clinch Stemcor India's assets for which at least a dozen domestic and overseas firms, inc...

The two have also entered into an “exclusivity” arrangement recently for bilateral negotiations that will allow JSPL to conduct a detailed ...

With 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...

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?

A 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 is understood to have approved allocation of 23 coking and non-coking coal blocks to leading steel, cement and power producers, includ...

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%.