Tata Steel plans capacity expansion at Bhushan Steel plant
15/10/2018 , by in ALLIED

Tata Steel Ltd plans to “eventually” scale up the nameplate capacity at its newly-acquired Tata Steel BSL (BSL), formerly Bhushan Steel Ltd, to 8.3 million tonnes (mtpa) from 5.6 mtpa. The plan was laid out by Rajeev Singhal, the new managing director of Tata Steel BSL. Tata Steel had on 18 M... Read more...

Kesoram Industries to buy limestone reserves
Oct 2018 , by in ALLIED

Kesoram Industries has received approval from the state government of Karnataka to buy 675 acres of land for mining limestone reserves. The subsidiary of BK Birla Group plans to use the acquisition to increase its existing limestone reserves, according to media. The amount the cement producer wil... Read more...

Tamil Nadu Cements to open new line in early 2019
Oct 2018 , by in ALLIED

Tamil Nadu Cements Corporation plans to start commercial operation of a new 1Mt/yr production line at its Ariyalur plant in Tamil Nadu in early 2019. Construction work on the US$100m project was originally started in May 2016 and it is due to be completed in October 2018, according to the media. ... Read more...

JSW Steel, 3 others eye Uttam Galva companies
Oct 2018 , by in ALLIED

JSW Steel, Liberty House, SSG Capital Management, and Aion Investments have shown interest in debt-laden Uttam Value Steels and Uttam Galva Metallics, according to a source aware of the development. APL Apollo, meanwhile, has shown interest in buying Uttam Value Steels, the source told media. ... Read more...

‘Let PWD import sand directly’
Oct 2018 , by in ALLIED

The Tamil Nadu Sand Lorry Owners’ Federation has urged the State government to permit the Public Works Department to import sand directly and distribute it to the lorries that have already been registered. Addressing mediapersons, federation president Sella Rajamani said that there was an acute... Read more...

Loading...