Mar 07, 2017 at 11:46 | Source: Reuters
The government expects the move to boost sales of local companies such as JSW Steel and Tata Steel , and eventually attract global steelmakers such as ArcelorMittal and POSCO to invest in the country, five steel ministry sources told Reuters.
Nov 12, 2016 at 15:12 | Source: PTI
South Korean prosecutors investigating a corruption scandal engulfing President Park Geun-Hye questioned the head of the country's largest steelmaker as well as a top Samsung executive today
Nov 09, 2016 at 21:38 | Source: PTI
Domestic steel major SAIL today said it has signed a memorandum of understanding (MoU) with South Korean giant Posco for technical collaboration for operational improvements.
Oct 26, 2016 at 13:00 | Source: Reuters
Steel prices in China, the world's biggest consumer and producer, have rallied 50 percent this year as Beijing's efforts to reduce a crippling overcapacity in the sector have led to lower inventories of the alloy in the country.
Sep 08, 2016 at 13:34 | Source: CNBC-TV18
Quoting sources, CNBC-TVs Ritu Singh says that Posco and Tidfore will complete its feasibility study by September 30 and then present the final offer for the plant. The company is likely to make investment of USD 500 million in Wardha plant.
Aug 18, 2016 at 18:00 | Source: PTI
Uttam Group today said it has signed an investment agreement of up to USD 150 million with Chinese firm Tidfore Heavy Equipment Group Co Limited.
Jul 08, 2016 at 12:26 | Source: PTI
"It seems India is seeking to boost its domestic steel industry with some help from trade protectionism, making China a primary victim of Indian trade investigations," an article in the state-run Global Times said.
May 12, 2016 at 18:20 | Source: Reuters
The steel ministry's request to POSCO came amid other efforts to safeguard local mills, including import taxes on steel products and a floor price on overseas purchases.
May 09, 2016 at 16:00 | Source: PTI
"Government has not received any communication from Posco in this regard," Minister of State for Steel Vishnu Deo Sai said in a written reply to Rajya Sabha on whether the firm has shown disinterest in pursuing its steel plant in Odisha.
May 05, 2016 at 07:38 | Source: PTI
The board examined the case for cancellation of formal approval and it noted that the progress made by the developer - Posco India Pvt Ltd - "was not satisfactory", the minutes of the BoA meeting said.