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India's Tata Steel invests $3.23 billion to expand crude steel capacity
India's Tata Steel has invested 270 billion rupees ($3.23 billion) to expand crude steel capacity at its facility in the eastern Indian state of Odisha, the company said on Friday. ($1 = 83.5200 Indian rupees) (This story has been corrected to fix an error in the headline and paragraph 1,
India’s largest blast furnace with Rs 27k cr investment by Tata Steel in THIS state
The new blast furnace, with a volume of 5,870 m3, is equipped with state-of-the-art features for long campaign life and an eco-friendly design to optimise the steelmaking process. The blast furnace will also have a zero-process water discharge plan with rainwater harvesting.
Tata Steel more than doubles Odisha plant capacity at Rs 27,000 crore investment
The crude steel capacity at Tata Steel's Kalinganagar plant will now expand from 3 MTPA to 8 MTPA, after an investment of Rs 27,000 crore.
6h
Eric Roberts give thumbs down to Julia Roberts’ star turn in ‘Steel Magnolias’
Julia was good in ‘Mystic Pizza,’ great in ‘Pretty Woman,’ but not so much in ‘Steel Magnolias,'” Eric Roberts writes in his ...
2d
on MSN
US decision on Nippon bid for US Steel pushed back to after Nov election, sources say
The U.S. national security panel reviewing Nippon Steel's $14.9 billion bid for U.S. Steel let the companies refile their ...
Opinion
17h
Opinion
Don’t be afraid of Nippon Steel
The problem with playing chicken is that in most cases, both players lose. Take, for example, the chicken scene in the movie Rebel Without a Cause in which Jim Stark bails out of his car first, ...
E&E
1d
‘Green’ steel failing to get traction with automakers, report says
The analysis from the International Council on Clean Transportation comes as climate law funding for the industry is under ...
3d
on MSN
India in talks to tackle rising steel imports, steel minister says
India is in discussions to tackle higher steel imports, Steel Minister H.D. Kumaraswamy said on Wednesday, without sharing ...
Opinion
5d
Opinion
Biden May Sabotage the Steel Industry
Nippon Steel wants to save U.S. Steel. The only thing that may stop it is politics.
3d
Biden Administration Extends Review Period for Nippon Takeover of U.S. Steel
U.S. Steel’s chief, David Burritt, expressed confidence on Tuesday that the sale of the American manufacturer to a Japanese ...
The Economist
3d
Chinese overcapacity is crushing the global steel industry
E ach year China makes as much steel as the rest of the world combined. The vast scale of its output—around 1bn tonnes a year ...
18h
Nippon Steel to sell $211 mln in assets to manage debt amid U.S. Steel deal
Nippon Steel plans to sell at least 30 billion yen ($211 million) in assets in this fiscal year to manage its debt, the ...
4d
What is the Nippon-US Steel deal, and why are Trump, Biden, Harris all against it?
The multi-billion dollar sale of U.S. Steel to Japan-based Nippon Steel has drawn opposition from the White House and both ...
Opinion
4d
on MSN
Opinion
How U.S. Steel Got Rolled
The move to block a Japanese company from buying the American manufacturer puts political expediency ahead of industrial ...
2d
British Steel reveals losses deepened eightfold
British Steel has announced an eightfold increase in pre-tax losses during 2022 as concerns mount about the future of the ...
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