Tata Steel's Port Talbot plant in the UK has launched a new kind of anti-ballistic steel for security force.The product is bainite, the lightweight, super-strength anti-ballistic steel with a lattice form, it can be used to armour-plate troop carr... >> more

Usha Martin Ltd’s subsidiary in Thailand — Usha Siam Steel Industries Public Co Ltd — has formed a 50:50 joint venture with Kobe Steel Group company — TESAC Wire Ropes. Usha Martin Ltd said on Tuesday that the joint venture — TESAC Usha Wire Rope ... >> more

Footwear major Action group is likely to infuse around Rs 3,000 crore in next three years to scale up its steel and power business. The company is planning to increase its steel capacity from 0.3 million tpa to 1.5 million tpa in Jharsuguda, Oriss... >> more

Export of galvanized steel from Kolkata port has been hit by a sudden move of the customs authorities in Kolkata to impose 20 per cent export duty on the commodity.“From last week the custom authorities have suddenly started imposing 20 per cent e... >> more

Tata Steel which is developing a six million tonne greenfield steel plant at Kalinganagar in Jajpur district of Odisha, hopes to commission first phase of the project with a capacity of three million tonne, by August 2014.“We are getting cooperati... >> more

Public sector miner NMDC Ltd may turn its over Rs 15,500 crore steelmaking project in Chhattisgarh into a joint venture with state-owned metal producer Rashtriya Ispat Nigam Ltd. Government sources told Business Line that the board of NMDC was lik... >> more

Steel Exchange India has informed that 60 MW captive power plant being set up by Simhadri Power (SPL), a SPV promoted by the company has successfully commissioned the CFBC boiler and turbines with present power generating capacity of 50 MW on 17 N... >> more