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Lakshmi Mittal hangs up on Odisha
Lakshmi Niwas Mittal has fought many battles. When Mittal Steel, the world’s largest steel maker, launched a hostile bid for Arcelor, the second largest, its boss, Guy Dolle, had said, the......
Falling car sales shatter 'Japan steel' dreams
It’s not automobile makers alone worried at the continuous fall in car sales.The steel sector, which has spent a lot of money to tap the automobile segment, is nervous on its investments.Tata......
Indian steel sold at a discount
The sudden surge in raw material prices has forced steel companies abroad to raise prices considerably but Indian counterparts have been unable to do so at such a pace.This has eroded the premium......
Auto, consumer durables to cost more
State-owned Steel Authority of India (SAIL) has raised prices by Rs1,000 per tonne on flat steel (used in white goods and auto) and Rs1,200 per tonne on long steel (used in infrastructure and......
Steel firms may cut prices from June
In what could mark the end of a bull run, flat steel producers are likely to cut prices from June. The euro's weakness, correction in international prices and an unusual inflow of steel into the......
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