Steel

JSW, Japan's JFE to invest Rs5,500-cr in electrical steel venture in Karnataka

14 Feb 2024

JSW Steel and Japan's JFE Steel will jointly invest Rs5,500 crore in a steel plant in India to produce electrical grade grain-oriented steel, the companies stated in separate press releases.

Tata Steel completes merger of 5 businesses, shelves TRF merger plan

08 Feb 2024

Tata Steel on Wednesday announced the merger of five strategic businesses of the group with itself as part of an integration process aimed at simplifying business portfolio.

Sail suspends 2 directors, 26 other officials over alleged corruption

20 Jan 2024

State-owned Steel Authority of India Limited (Sail) has suspended two directors, and 26 senior officials, including executive directors, over alleged corruption, according to a regulatory filing with the stock exchanges.

Tata Steel reports net profit of Rs1,566 cr for Q4

09 May 2023

Tata Steel reports Q3 net loss of Rs2,224 cr amidst slump in Europeaan markets

08 Feb 2023

SAIL enters Rs1 lakh crore turnover club with highest ever steel production

03 Oct 2022

Tata Steel to amalgamate 7 subsidiaries in mega merger

28 Sep 2022

ArcelorMittal to acquire Brazilian steelmaker CSP for $2.2 billion

02 Aug 2022

ArcelorMittal also announced a new $1.4bn buyback programme of 60 million shares, to be completed by the end of May 2023, despite a 2 per cent decline in its net income to $3.92 billion for the second quarter ended 30 June 2022