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PIG IRON MAKER
Govt considering KIOCL-NMDC merger: Steel Minister KumaraswamyThe government is considering merging KIOCL with NMDC to tackle financial troubles, as KIOCL has reported significant losses. Union Steel M...- Centre slashes export duties on steel products and iron oreThe finance ministry on May 22 imposed export duties ranging from 15% to 45% on inputs for iron and steel in a move to increase their avail...
- Tata Metaliks Q3 results: Net profit up 55% to Rs 75 croreRevenue from operations was Rs 526 crore for the quarter, marginally higher from Rs 518 crore registered in the corresponding period of FY2...
- Goa sponge iron producers ask government to ensure raw material supplyIron ore is the key raw material used to produce sponge iron which is used in producing semi-finished steel items, ingots and billets.
- Lenders set to name PwC as admin for Uttam companiesUttam Galva Metallics has outstanding dues of Rs 9,500 crore.
- Japan's Daido Steel to buy 10% stake in Sunflag Iron and SteelJapanese steel maker Daido Steel Company will pick up 10 per cent stake in Maharashtra-based Sunflag Iron and Steel for around Rs 56 crore.
- SAIL in talks with IDCOL for buying two subsidiariesSources said following detailed due-diligence of assets, there has been a series of discussions between the two parties.
- NMDC cuts lump ore price by 5.9%; move fails to add cheer to steel industryThe rate cut is unlikely to add much cheer to the domestic steel industry which feels the price reduction is too small.
- Tata Metaliks revives plans to sell Maharashtra plantTata Metaliks Ltd has revived plans to sell its plant at Redi in Maharastra after the deal with a Karnataka-based co fell through.
- SAIL, Neelachal Ispat Nigam merger proposal scrappedThe 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...
- Tata Metaliks Q1 net loss at Rs 32crPig iron maker Tata Metaliks today reported Rs 31.76 crore net loss for the quarter ended June 30, 2011.
- Sesa Goa plans Rs 30k-cr foray into steel spaceVedanta Group firm Sesa Goa is planning an investment of over Rs 30,000 crore in the steel space in Orissa and Jharkhand.
- Vedanta to rope in "strong" partner for making steel: AgarwalMining major Vedanta Resources on Monday said it will partner a "strong" steel company as and when it decides to foray into the manufacturi...
- Miglanis keep Metallics out of Arcelor-Uttam dealThe Miglanis have kept Uttam Galva Metallics, which houses the pig iron facility in Wardha, Maharashtra, out of the deal with Arcelor-Mitta...
- Tata Metaliks eyes 20 pc revenue growthDomestic pig iron makers Tata Metaliks Ltd is eyeing a revenue growth of 15-20 pc for the fiscal 2008-09.
- Metal, auto stocks melt under pressureMetal stocks, led by Hindalco and Tata Steel on Friday dropped sharply on the latest data showing a significant contribution by iron and st...
- Tata Metaliks to invest Rs 1,000 cr in KarnatakaDomestic pig iron maker Tata Metaliks is planning to invest around Rs 1,000 crore to build a 0.8 million tonne plant for manufacturing long...
- Japan's Metal One seeks FIPB okay for 3-party JVThe other two partners in the JV are Tata Metaliks and Japan’s Kubota.
- Tata Metaliks aims Rs 1,000 cr bizTata Metaliks aims to cross the Rs 1,000 crore mark in revenues for the current fiscal.
- Tata Metaliks cuts Rs 150 cr deal with Japanese firmTowards this end, Tata Metaliks has forged a Rs 150-crore joint venture with Kubota Corporation of Japan to manufacture ductile iron (DI) p...
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