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Aussie cyclone batters India's steel producers

The economic impact of last week's cyclone Yasi and late December floods in Australia's major coal producing state of Queensland has washed up on Indian shores. Raw material costs have escalated......

Jindal brothers join race for Ispat

The O P Jindal Group has emerged as a strong contender for Ispat Industries, the debt-laden company owned by Pramod and Vinod Mittal.Both the Jindal brothers - Sajjan Jindal of JSW Steel and Naveen......

Jindal Steel buys Omani company for $464 million

Jindal Steel and Power on Thrusday said it has acquired Oman-based Shadeed Iron & Steel for $464 million. "We have acquired Shadeed Iron & Steel (Shadeed) which has 1.5 MT Hot Briquetted Iron (HBI)......

Jindal Power plans second biggest IPO

In what would be the second biggest initial public offer, Naveen Jindal-promoted Jindal Power Ltd plans to raise up to Rs 10,000 crore in this financial year. The board of JPL today decided to......

Steel prices may zoom in April

Come April, steel prices are likely to skyrocket on the back of an expected 65 per cent increase in iron ore prices. Domestic steel producers without captive mines source most of their iron ore......

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Sushil Maroo

News for Sushil Maroo

Aussie cyclone batters India's steel producers

Jindal brothers join race for Ispat

Jindal Steel buys Omani company for $464 million

Jindal Power plans second biggest IPO

Steel prices may zoom in April

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