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Steel - Sponge Iron

India is currently the 5th largest steel producing nation in the world with production of over 53 million tonne (MT). Steel production has grown at a compounded rate of 9% during the period FY03 to FY08.However, there is low per capita consumption of steel of around 46 kgs as against 200 kgs of the world. The Indian steel sector has key advantages of domesti... more »

UPDATES

April 16 2014, 21:01

MoEF to decide on JSPL's Jharkhand mill on Apr 28

The company, sources said, are looking at about 1,800 acres of the land for the project, which is li...

ADVICE

April 09 2014, 13:49

Buy Jindal Steel; target of Rs 330: Firstcall Research

Brokerage house Firstcall Research is bullish on Jindal Steel & Power (JSPL) and has recommended buy rating on the stock with a target price of Rs 330 in its research report dated April 01, 2014.

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