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India & Pakistan Steel News. Service for global professionals. Constantly updated news and information about India & Pakistan Steel.
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Latest India & Pakistan Steel News

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  • Modi brands Vadodara as Speed Capital of India 23 Nov 2009 11:16 GMT
    ... to emerge as the “Speed Capital” of India with several rail and automobile industries setting shop ... roll out the first batch of stainless steel wagons in February 2011. The Memorandum of Understanding ... Gujarat Global Investors’ Summit (VGGIS) 2009. The company plans to invest Rs 2,700 crore for ...

  • Mittal knocks on State doors for a steel plant 23 Nov 2009 16:33 GMT
    ... Mittal knocks on State doors for a steel plant The worlds largest steel company ArcelorMittal,on Monday, said it has approached the ... to go to Karnataka, “We are in India, so I am sure my people must be ...

  • India Inc in News - November 23 23 Nov 2009 03:30 GMT
    ... Following are the important business news carried by ... Mittal doubles his stake in Ophir Energy Steel magnet Lakshmi N Mittal has paid over USD ... more than USD 80 billion, greater than industry titans such as Dow Chemicals. One person ...

  • Markets up 0.9%; Reliance gains 3.3% 23 Nov 2009 13:32 GMT
    ... second-biggest ever foreign takeover. In 2007, Tata Steel bought Corus for $13 billion. “In deals ... calls. The telecom regulator said on Friday India would introduce mobile number portability on 31 December, ... an all-time high of Rs270.20 on good business outlook, analysts said. It ended up 3.5% ...

  • WA, Qld 'must benefit' from India, China 23 Nov 2009 07:51 GMT
    ... take advantage of increasing demand from China, India and Brazil, while bracing for a downturn in ... infrastructure spending next year, says a leading business chief. Leighton Holdings Limited chief operating officer ... housing that would increase the demand for steel as commercial and residential building surged, he ...

  • India -ASEAN free trade agreement to come into force in January 2010 23 Nov 2009 13:31 GMT
    ... New Delhi, Nov 23 (ANI) : India and the Association of South East Asian Nations ... Indian exporters of machinery and machine parts, steel and steel products, oilcake, wheat, buffalo meat, automobiles ... chemicals, synthetic textiles, etc. would gain additional market access into the ASEAN countries," he added. ...

  • Steel ministry keeping tab on imports 23 Nov 2009 03:30 GMT
    ... The steel ministry is keeping a tab on steel imports into India after allegations by domestic steel majors of large ... executive director Anil Sureka said. ``The steel industry is of the opinion that safeguard duty ...

  • ArcelorMittal says plans a new steel plant in India 23 Nov 2009 12:40 GMT
    ... ( ) Indian unit has sought approval from the Karnataka state government in southern India to set up a steel plant, the company said in a statement on Monday. The Karnataka project will be in addition to ...

  • Markets cheer Reliance's global plans 23 Nov 2009 11:54 GMT
    ... for the day) on the BSE. The company recently increased the prices of its cigarette brands, India Kings and Benson & Hedges, by Rs 10 ... [ ] at Rs 161.40 crore, Tata Steel at Rs 152.19 crore, Bharti Airtel at Rs ...

  • Reliance mega bid has bankers wary 23 Nov 2009 06:30 GMT
    ... jewels to stay afloat. In 2006, Tata Steel acquired Anglo-Dutch steelmaker Corus for $12.2 billion, the largest overseas ... the ability to bring these brands to India, which will have huge accretive impact on the ...

  • Indian shares up 0.9 pct; Reliance gains 3.3 pct 23 Nov 2009 11:40 GMT
    ... to $12 billion, which would make it India's second-biggest ever foreign takeover. In 2007, Tata Steel ( ) bought Corus for $13 billion. ... all-time high of 270.20 rupees on good business outlook, analysts said. It ended up 3.5 ...

  • ArcelorMittal Announces Financial Calendar for 2010 23 Nov 2009 08:16 GMT
    ... Payment Schedule. ArcelorMittal is the world's leading steel company, with operations in more than 60 ... in the industry's efforts to develop breakthrough steelmaking technologies and is actively researching and developing ... Suarez: +34 985 12 61 53 or India Abhinav Kanchan +91 11 467 594 05 Sunanda ...

  • Reliance Industries Offers to Buy LyondellBasell 23 Nov 2009 17:56 GMT
    ... In a major bid to go global, India's Reliance Industries Ltd. (500325.BY), the world's largest polyester ... on valuations prevailing in the U.S. chemicals industry. If a deal is struck, it would ... the Jaguar Land Rover brand and Anglo-Dutch steelmaker Corus. However, at Reliance's 35th annual general ...

  • Pike River Coal Limited (NZE:PRC) Managing Director Mr Gordon Ward Address To Shareholders 23 Nov 2009 03:50 GMT
    ... Inspector of Mines in the Australian coal industry. High Quality Coking Coal in Paparoa Seam ... There is further good news in international steel and coal demand. A report by McCloskey Group, out ... year, firstly stemming from China followed by India. China is now expected to import more than ...

  • 2009 AGM - Managing Directors Address 23 Nov 2009 01:32 GMT
    ... Inspector of Mines in the Australian coal industry. High Quality Coking Coal in Paparoa Seam ... There is further good news in international steel and coal demand. A report by McCloskey Group, out ... year, firstly stemming from China followed by India. China is now expected to import more than ...


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