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RAIL MILL UNIT
These large-, mid- and small-cap stocks can give more than 22% return in 1 year, according to analystsWhen a market is in a secular correction due to fears that the economy might take a hit for some reason, the fall is generally across the b...
JSPL to double rail-making capacity; set up 2nd rail mill at Odisha's AngulThe steel maker owns and operates 1 MTPA rail mill at its Raigarh unit, in Chhattisgarh, where it manufactures speciality rails like 1175 H...
Fall in rupee will help steel exports but won't neutralise impact of 15% duty: Seshagiri Rao, JSW SteelThe company has kept its ambitious capacity expansion plans intact despite the present market condition, Rao said.
SAIL plans to start commercial production of HH rails in FY21SAIL has set up facilities for production of HH rails at the new Universal Rail Mill (URM) at its Bhilai Steel Plant (BSP) in Chhattisgarh,...
IISCO Steel Plant CEO gets additional charge as Durgapur Steel Plant CEOKamlakar joined SAIL at Bhilai Steel Plant (BSP) in 1987 after completing his B.E. in Metallurgy from Ravishankar University, Raipur.
JSW Steel to integrate Aferpi mill with Indian facilitiesJSW Steel would integrate the recently acquired Aferpi mill with its Indian facilities, including the newly purchased Monnet Ispat and Ener...
Value added steel products to enrich product mix: SailSail is the India's largest steel producing company with a turnover of Rs 50,627 crore in 2014-15. It is among the seven Maharatnas of the ...
JSPL invests Rs 200 crore to make special quality railsThe new product, ‘head hardened rails’, propels JSPL into the top league of global steel majors with capability to manufacture such rails.
JSPL surges as reports say company may sell its rail mill unitReacting to the development, the scrip gained 2.86% to hit a high of Rs 57.50 on the BSE. The stock has plunged 39% in the year so far.
JSPL in talks with Japan company for rail mill divestmentJSPL is in advanced discussions with Japan’s Yamato Kogyo Company Ltd to sell up to 49% stake in its rail mill unit at an estimated Rs 3,00...
Many CPSEs not complying with corporate governance norms: CAGThe DPE guidelines stipulate that government directors should not exceed one-sixth of the actual strength of the Board of Directors.
Tata Steel bags 2-year French rail contractTata Steel won a two-year contract to supply over 2,00,000 tonnes of highly wear-resistant rail tracks to a French rail operator.
Bhilai Steel Plant develops advanced rails for Indian RailwaysThe first lot of specialized rails known as ‘thick web asymmetric rails’, was dispatched by Bhilai Steel Plant
SAIL despatches first lot of special rails to RailwaysThe state-run steel company said this achievement is especially important as it shall help Railways in their plan to increase traffic loads...
- Bhilai Steel inaugurates new-end foraging plant for hi tech rails
Bhilai Steel Plant has inaugurated a new end-forging plant at its Rail & Structural Mill for forging of thick web assymetric rails. The new...
- Corus to invest e35 m in French rail unit
Tata Steel's European unit Corus would invest e35 million at its rail production facility in Hayange in France.
- SAIL develops corrosion-resistant rails
Steel Authority of India (SAIL) has developed cost-effective corrosion-resistant rails for the first time in the country.