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PTI reported that the government’s audit watchdog CAG has pulled up steel giant SAIL for being heavily dependent on imported coking coal despite having three mines for captive use. Comptroller and Auditor General...

Posted By : Sanju Moirangthem 1 hour 6 minutes ago
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REUTERS reported that China cut 80 million tonnes of coal production capacity and 24.7 million tonnes of steel capacity from January to July 2018. An official from the National Development and Reform Commission at a...

Posted By : Sanju Moirangthem 1 hour 3 minutes ago
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Business Line reported that the National Company Law Appellate Tribunal, on Friday, deferred the decision on JSW Steel’s bid for Bhushan Power and Steel due to the demise of former Prime Minister Atal Bihari Vajpayee....

Posted By : Sanju Moirangthem 1 hour 1 minute ago
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Reuters reported that Thyssenkrupp’s workers are prepared to do their part in the ongoing restructuring of the embattled conglomerate, its interim chairman and trade union secretary Mr Markus Grolms told a German...

Posted By : Sanju Moirangthem 57 minutes ago
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Economic Times reported that Indian foundry units use sensors and reclaimed sand in production One of the emerging trends in the Indian foundry industry is that some players have started using sensors and data analytics...

Posted By : Sanju Moirangthem 54 minutes ago
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Iran Daily reported that Iran exported nine million tons of steel and iron in the year to March 2018. Mohammad Azad head of Tehran Iron and Steel Union told IRIB that Iran's iron and steel is valued at between USD 500...

Posted By : Sanju Moirangthem 51 minutes ago
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Japan Today reported that Honda Motor Co Ltd has used a high-tensile steel sheet with a 1.5GPa-class tensile strength for the N-Van commercial light car (van). This is the first time that Honda has employed a...

Posted By : Ratan Singh 1 hour 9 minutes ago
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Business Standard reported that Usha Martin hopes to sell its steel business within the end of this financial year despite the arm posting a rebound in both revenue and profitability in the first quarter of FY19

Posted By : Ratan Singh 1 hour 11 minutes ago
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NWI Times reported that ArcelorMittal and US Steel proposed cutting retiree health care benefits earlier this week, the United Steelworkers union said in an update to members. And ArcelorMittal

Posted By : Ratan Singh 1 hour 14 minutes ago
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Indian Express reported that as a Delhi court framed criminal conspiracy and other charges against JSPL Chairman Naveen Jindal, the company said that allegations were completely false, frivolous and devoid of any merits

Posted By : Ratan Singh 1 hour 18 minutes ago
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