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Economic Times reported that New Delhi court has taken cognizance of the charge sheet filed by the SFIO against 287 individuals and entities in the Bhushan Steel Ltd case. The next step involves framing of charges...

Posted By : Sanju Moirangthem 19 hours 42 minutes ago
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Deccan Herald reported that KIOCL Ltd has embarked on a INR 3,500 crore expansion and diversification program to tap emerging opportunities in the steel sector. As part of its expansion program, KIOCL is setting up a 2...

Posted By : Amom Remju 19 hours 45 minutes ago
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Pennar Industries announced that it has bagged multiple orders worth INR 538 crore in June and July across business verticals. The railways vertical received orders worth INR 66 crore from Integrated Coach Factory, Rail...

Posted By : Amom Remju 19 hours 47 minutes ago
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The Guardian reported that The Turkish firm poised to buy British Steel recently announced plans to move a chemicals factory it owns from Tyneside to Europe, after sounding the alarm about Brexit uncertainty. Chemson, a...

Posted By : Amom Remju 19 hours 49 minutes ago
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Valin Steel reported half-year results that revenue in the first six months of the year was 48.4 billion yuan, up 11% from a year earlier, while net profit fell about 35% to 2.2 billion yuan.

Posted By : Amom Remju 19 hours 50 minutes ago
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Amwalal Ghad reported that Egypt’s iron and steel exports declined by 30% during the first half of 2019 as exporters haven’t received their dues from the export subsidies program estimated at one billion Egyptian...

Posted By : Amom Remju 19 hours 52 minutes ago
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Accountants appointed to help run British Steel after the company went into liquidation earlier this summer have run up fees of more than GBP 13 million. Judge Sally Barber on Monday heard that three senior staff at...

Posted By : Amom Remju 19 hours 53 minutes ago
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BusinessDesk reported that BlueScope Steel’s New Zealand business reported a 28% drop full year operating earnings due to higher input costs and a drop in prices for export steel and vanadium. Sales revenue for the...

Posted By : Amom Remju 19 hours 55 minutes ago
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Reuters reported that Tokyo Steel Manufacturing Co Ltd, Japan’s top electric-arc furnace steelmaker, would hold its steel product prices steady in September because of high inventories at home and a weaker overseas...

Posted By : Sanju Moirangthem 19 hours 46 minutes ago
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BN Americas reported that The European Union has lifted safeguards on stainless steels and profiles from Brazil. Head of Brazil's steel association IABr, Marco Polo de Mello Lopes, said “It is positive as both steel...

Posted By : Sanju Moirangthem 19 hours 49 minutes ago
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