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- Bhushan Steel plans to raise $500 mn
Bhushan Steel has decided to raise funds worth $500 million from the market to finance the company’s greenfield projects.
- Emerging hub for automotive steel
Thrust on small cars leading to Japanese interest in making auto grade steel in India.
- The govt's planned investments for core sector will boost domestic demand
Steelmakers expect a great year after a reasonably good 2009-10 that saw steel consumption growing by 8%, defying a global economic downtur...
- CSR focus yields cos rich rewards in mine belt
There was a time little Arsu Tadu hated going to school. She had to walk six km every morning to reach a rundown shed, which was the local ...
- Japanese steel companies' India plans
The likes of Japan’s sixth-largest steel company JFE Steel and Sumitomo Metal Industries are negotiating with JSW Group and Bhushan Steel, ...
- Orissa Sponge seeks extension of deadline by two months
Orissa Sponge Iron and Steel - the takeover target of three firms -has written to the market regulator Sebi seeking extension of the deadli...
- Galvanised steel price increased by 5%
Indian steel makers have increased prices of galvanised steel by up to 5% due to sharp escalation in price of zinc, a key input, in the spo...
- Bhushan's Orissa Sponge open offer yet to get SEBI nod
Neeraj Singal-led Bhushan Group’s open offer for Bhubaneswar-based Orissa Sponge Iron and Steel has got delayed as market regulator SEBI is...
- Bhushan Steel ups Orissa plant capacity
The Delhi-based Bhushan Steel has increased the production capacity of its integrated steel plant in Orissa five times to 2.5 million tonne...
- Bhushan Steel revs up steel production five times
Delhi-based Bhushan Steel has increased the production capacity of its integrated steel plant based in Orissa five times to 2.5 million ton...
- Now, steel sales pillion accelerating car mkt
Steel sales appear to have bounced back in February, capping marginal but steady volume growth witnessed on a month-on-month basis since De...
- Bhushan Steel not to exit investment in Orissa Sponge
Bhushan Steel & Power promoter Neeraj Singal, who is caught in a takeover battle for loss-making Orissa Sponge Iron & Steel (OSISL) with el...
- Bhushan Steel may pick a controlling stake in Orissa Sponge Iron & Steel
Delhi-based Bhushan Steel is close to picking a controlling stake in Orissa Sponge Iron & Steel by buying out its existing promoter Prashan...
- Steel producers to give discounts instead of slashing prices
Domestic steel producers are looking at giving discounts of up to Rs 1,500/tonne on certain steel products to selected customers instead of...
- Downturn forces steel users to enter into short term contracts
Downturn in prices have forced steel users such as the auto and consumer durable makers to enter into short term contracts, instead of long...
- Steel companies likely to roll out more price pain
Automobile makers and construction firms could face another round of cost push from next month.
- 'Land acquisition key to setting up Rs 8,800 cr plant'
Bhushan Steel, which is investing Rs 8,800 crore to set up a steel unit in West Bengal, has said land acquisition will be a critical factor...