Jindal's Bolivian Steel Plants for USD 2.1B (March 12, 2007)
Steel major Jindal Steel and Power Ltd (JSPL) announced agreements with Bolivia to invest USD 2.1 billion to set up a six million tonne sponge iron plant, 10 million pellet plant, and 1.7 million ton steel plant.<More>

Demands to Phase-Out Ore Export (November 24, 2006)
The Federal Steel Ministry, at variance with the Mining and Commerce Ministries, demanded that iron ore exports be phased out since “current ore reserve is slated to last only 60 to 70 years” and this policy could jeopardize the stability of domestic steel units.<More>

SAIL Top Dog in Steel (September 15, 2006)
Well executed capacity expansion plans and good earnings growth has propelled public sector utility company Steel Authority of India Ltd (SAIL) to outpace its rivals including private players such as Tata Steel and Hindustan Zinc.<More>

No Ore Exports Say CMs (August 28, 2006)
The Chief Ministers (CMs) of Karnataka, Chhattisgarh, and West Bengal (WB), have written to Prime Minister Manmohan Singh opposing proposals to liberalize iron ore exports warning disastrous effects on thefast growing Steel industry<More>

SAIL to Invest in WB (August 09, 2006)
Government-owned Steel Authority of India ltd. (SAIL) reveal plans to invest over Rs. 10,300 cores (USD 2.2 billion) in 2 integrated steel plants in West Bengal for modernization and capacity expansion with recently-merged IISCO getting the most.<More>