Indian steel industry news

Steel export levy to stay, no duty cut on crude: FM

Thu, 15 May 2008 16:03 GMT

Record crude prices, hovering over $120 per barrel, have led to huge increase in oil import bill of India, which imports three-fourths of its crude oil ...

Infrastructure growth slips

Thu, 15 May 2008 14:16 GMT

Commenting on the data, the Federation of Indian Chambers of Commerce and Industry (FICCI) said the spurt in the steel and cement production among the core ...

India's Global M&A Boom

Thu, 15 May 2008 13:11 GMT

It's unclear whether Bharti's bid will succeed, but plenty of other Indian companies have been on a global shopping spree. On May 1, Essar Steel Holdings ...

Baltic chief sea freight index hits record high

Thu, 15 May 2008 08:47 GMT

Analysts say massive demand for iron ore into China, strong coal demand growth in India, high steel prices, rising demand for grain, as well as port ...

Interior Sindh to get industrial zones

Thu, 15 May 2008 07:57 GMT

Addressing the groundbreaking ceremony of the 'Induction Furnace' project of Tuwairqi Steel Mills Limited, the provincial minister for commerce, ...

Unknown Islamic group threatens more blasts in tourist India

Thu, 15 May 2008 07:30 GMT

State chief minister Vasundhara Raje said two suspects had been arrested and that explosives and ammonium nitrate mixed with steel balls were wired to ...

Tuwairqi Steel to be ready by early

Thu, 15 May 2008 07:02 GMT

Mr Tariq Barlas VC & CEO of Al Tuwairqi Group of Companies said that his company was keen to promote steel making industry in Pakistan because of its great ...

Tata Steel rating unaffected by 20 bln rupees debt programme - S&P

Thu, 15 May 2008 06:55 GMT

MUMBAI (Thomson Financial) - Standard & Poor's Ratings Services said the 20 billion rupees debt raised by India's Tata Steel Ltd. in the domestic bond ...

The one billion+ cannon-fodder

Thu, 15 May 2008 06:03 GMT

Unless the Indian State shows some steel and gets tough with the perpetrators of terrorism. But when the government chooses to scrap the only anti-terrorist ...

In India, death to global business

Thu, 15 May 2008 04:40 GMT

To stoke Indian manufacturing and satisfy consumers, the country needs cement, steel, and electric power in record amounts. In steel alone, India almost has ...PSE:GBH - BOM:500630

Chidambaram Says India Doesn't Plan to Cut Oil Duty (Update1)

Thu, 15 May 2008 03:37 GMT

Steel Authority of India Ltd. and other Indian steelmakers last week agreed to lower prices for the second time since April to help cool inflation. ...

In India, death to global business - Rediff

Thu, 15 May 2008 03:35 GMT

In India, death to global business
Rediff, India - 48 minutes ago
To stoke Indian manufacturing and satisfy consumers, the country needs cement, steel, and electric power in record amounts. In steel alone, India almost has ...

Unknown Islamic group threatens more blasts in tourist India - AFP

Thu, 15 May 2008 03:00 GMT

AFP	Unknown Islamic group threatens more blasts in tourist India AFP - 1 hour ago State chief minister Vasundhara Raje said two suspects had been arrested and that explosives and ammonium nitrate mixed with steel balls were wired to ...

Export tax to hit India steel pipe makers' margins

Thu, 15 May 2008 02:57 GMT

By Swati Pandey MUMBAI, May 15 (Reuters) - The Indian government's decision to levy export tax on steel products may lead operating profit margins at pipe ...

Mkts: FMCG, auto stocks remain subdued

Thu, 15 May 2008 02:31 GMT

BHEL, ACC, Reliance Industries, Wipro, Cipla, Hindalco, Mahindra & Mahindra, ONGC, State Bank of India, Tata Steel, HDFC Bank and Tata Consultancy Services ...