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COIL MILL BUSINESS
Time to think of the repair cycle? 8 engineering stocks from India’s capital goods ecosystem with upside potential of up to 26%At a time when the markets are focused on war, crude oil, inflation, and supply disruption, it is easy to miss a quieter shift. India’s eng...- Tata Steel unveils green investment plan for UK steel tube millThe investment will go into a new slitter which will allow the Hartlepool site to process coils of steel delivered from Tata's Port Talbot ...
- JSW Steel USA begins Phase II upgrade of plate mill facility in TexasJSW Steel is the flagship business of the diversified USD 13 billion JSW Group which has presence in sectors such as energy, infrastructure...
- JSW Steel completes acquisition of Welspun’s plates and coil mill businessThe transfer was completed on March 31st and the consideration amount will be paid on a deferred basis subject to Welspun fulfilling certai...
- Laptev Finance gets CCI nod to acquire Welspun's plates and coils bizIn a combination notice, CCI said "Welspun Corp Ltd and Laptev entered into a business transfer agreement on 31 March 2019, wherein Welspun...
- Welspun Corp to sell assets worth Rs 940 croreThe company has signed agreement with Laptev Finance to sell its plates and coils mill division for Rs 848.5 crore.
- SAIL to hold seminars in non-metros to create brand awarenessWhile the first such seminar was held at Nagpur, the second one, titled ‘New Age Structurals with State-of- the-Art Technology’ was held in...
- Tata Steel completes the sale of pipe mills to Liberty House GroupTata Steel will retain its 20-inch tube mill at the same Hartlepool site and is poised to make a £1 million investment at the unit which ha...
- Tata Steel to sell SAW mills in UK to Liberty House GroupThe two parties will work to complete consultations with employees and trade unions, as well as transfer of supplier and customer contracts.
- Tata Steel sells two mills to Liberty House GroupIt will employ almost 8,500 people in the UK, manufacturing advanced products for sectors like automotive and construction.
- Balco to resume rolling products manufacturing at Korba millWhile announcing the closure of rolling business at Korba in August, the company had said that the move would result in loss of around 1,00...
- PPMAI approaches PM Narendra Modi over anti-circumvention probe on steelPPMAI said it has written to PM Modi and ministries of Finance, Commerce and Steel against initiation of anti-circumvention investigation o...
- Indian-origin family firm picks up more Caparo unitsAn Indian-origin family firm which had acquired one of the units of UK-based steel firm Caparo Industries, owned by noted NRI industrialist...
- Indian-origin UK family buys Lord Swraj Paul's Caparo unitHundreds of jobs have been saved at steel firm Caparo Industries owned by noted NRI industrialist Lord Swraj Paul after a UK-based Indian-o...
- SAIL invests Rs 2,600 crore in Rourkela plant for HR coilsSAIL is investing over Rs 2,600 crore for installing a three million tonnes per annum facility for hot rolled (HR) coils at its Rourkela pl...
- Posco to invest $20 million in Gujarat: Korean ambassadorSouth Korean steel giant Posco will establish a coil mill in Gujarat with investment of around $20 million, the country's Indian envoy said.
- Tata Steel turns to loss in December quarter on weak European demandTata Steel swung to an unexpected loss in its third quarter after raw material costs gained & demand waned in Europe, its largest market.
- Steel cos must look beyond themselvesIt can now sell goods at reasonable prices to pep up pent-up demand for the metal and engender significant economy-wide revitalisation of c...
- Finland's Outokumpu to set up a Rs 1000 cr CR mill in IndiaFinnish stainless steel co Outokumpu to invest Rs 1000 cr for a cold rolling mill in India with a capacity of 2.5 lakh tonnes.
- Soros buys into another Indian coBillionaire investor George Soros, through his investment arm, Quantum Fund has bought 4.2% in the real estate developer Ajmera group.
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