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Wednesday, March 10, 2010

POSCO war zone - Church joins villagers in opposing steel plant

After Vedanta Resources, now it is Korea’s POSCO that is facing the heat from the Catholic Church, which has declared to stand by the villagers opposed to the setting up of the INR 50,000 crore mega steel venture near Paradip in Orissa.

Mr John Dayal secretary general of All India

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Updated directory of Indian steel makers

The fast developing Indian steel industries are continuing beyond what most believed was possible. As one of the world's fastest growing economies, India has become the most happening place among world steel market over last few years and thus is in the radar of not only Indian but most of

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SAIL to reach 23 million tonnes by 2012

State run steel maker Steel Authority of India plans to increase its annual capacity to 26 million tonnes by 2014 from the current 14 million tonnes.

Mr RN Rawat GM materials management of SAIL on the sidelines of a function said that "By the end of 2012 during our first phase of

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Rays of recovery - Indian auto sales in February vroom

The auto industry February sales have been the highest ever for a month breaking the earlier record, which was set in January this year, as consumers rushed to beat a possible hike in prices following the budget.

According to the Society of Indian Automobile Manufacturers, the total

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Indian steel consumption growth leads to higher imports

According to the provisional data released by the steel ministry, Indian steel consumption during April to February 2010 rose by 8.5% YoY to 51.23 million tonnes as against 47.24 million tonnes in the year ago period.

However, production rose by only 4.5% YoY during the period to 54.35

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