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NINL STEEL MILL
Tata Steel completes 5 MT expansion project at Kalinganagar; India capacity crosses 26 MTTata Steel has finished the second phase of expansion at its Kalinganagar plant in Odisha. This increases the company's total capacity in I...
Enough growth opportunities within facilities to take capacity to 40 MT in India: Tata Steel CEO"In India, basically we want to increase the capacity. We have already around 21 MT. It will be 25 MT soon because the Kalinganagar expansi...
Tata Steel Q4 Results: Profit falls 82% YoY to Rs 1,705 crore; revenue drops 9%Revenue from operations too were down 9% year-on-year (YoY) to Rs 62,961 crore for the March quarter. It was Rs 69,323 crore in the same qu...
Risk-reward turns favourable for Tata Steel; brokerage upgrades stock to ‘Buy’ for target of Rs 130The company has begun phased commissioning of a 6 mtpa pellet plant at KPO, which would fully replace the market purchase of pellets in FY2...
Tata Steel to invest Rs 12,000 cr in FY23 on India, Europe operations: CEO NarendranOn Tata Steel's interest in acquiring state-owned Rashtriya Ispat Nigam Limited (RINL), he said the company did not have a dedicated large ...
Tata Steel Long Products Q1 Results: Firm posts Rs 331 crore net lossThe company saw its expenses rise to Rs 2,489.58 crore from Rs 1,282.59 crore in the same period a year ago.A subsidiary of Tata Steel, TSL...
Tata Steel aims to restart NINL steel mill in next 3 months: TV NarendranTata Steel's next move will be to take ownership of NINL and work hard along with employees and other stakeholders to realise the full pote...
Tata Steel Long Products DRI output falls 4%; steel production grows 11% in Q1During the April-June 2022, the company produced 1.91 LT crude steel, up 11 per cent from 1.72 LT in the same period a year ago. The compan...
Tata Steel to work 'expeditiously' to restart NINL, expand capacity to 10 MT by 2030Tata Steel will leverage its capability in the long products business using its strong brand equity, particularly in the retail constructio...
Tata Steel to ramp up Neelachal Ispat Nigam Ltd operation to 1.1 MTPA within a year: Chairman"Post-acquisition, we will endeavour to ramp up the operations of NINL to its rated capacity of 1.1 million ton per annum within the next 1...
Centre asks NINL shareholders to infuse working capital till divestment happensThe decision was taken last week by commerce and industry minister Piyush Goyal, minister for steel Dharmendra Pradhan, secretaries and sen...
Neelachal Ispat to launch TMT bars soonThe MMTC and Odisha government-promoted steel public sector undertaking is the country’s largest producer of pig iron.
NINL announces commissioning of steel making facilitiesNeelachal Ispat Nigam Ltd today announced commissioning of its steel making facilities at Kalinganagar in Odisha with an investment of Rs 1...
- SAIL, Neelachal Ispat Nigam merger proposal scrapped
The proposal to merge SAIL and Neelachal Ispat Nigam has been scrapped as the Commerce Ministry is not willing to give away the country's l...