JSW Steel reports Q4 net loss of INR 39.93 crore

JSW Steel Ltd has announced the financial results for the quarter & year ended March 31st 2009. The Company has posted a net profit after tax of INR 492.00 million for the quarter ended March 31st 2009 as compared to INR 3701.80 million for the quarter ended March 31st 2008. Total Income has

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Indian flat steel prices show downstream correction

The domestic Indian Steel prices remained stable o May 7th 2009. The Indian Long Product Price Index ILPPI by only 2 points, whereas Indian Flat Product Price Index IFPPI improved by 7 points. The overall Indian Steel Price Index INDSPI too remained stable with a gain of mere 5 points.

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TATA Steel crude steel production in April up by 22% YoY

TATA Steel announced that it has recorded a 39% increase in the sales of long products, used by the construction industry, in the month of April at Jamshedpur Works, over the same period last year.

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EADS and L&T to forge a long term partnership

EADS Defense & Security and Indian engineering giant Larsen & Toubro announced the planned formation of a joint venture company for defense electronics in India based in Talegaon near Pune. The new company will aim at design, development, manufacturing and related services in the fields of

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Details of semis imports into India in 2008-09

Semis (Including rerollable scrap)


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