User: manuj Topic: Companies
Category: POSCO
Last updated: Feb 22 2018 05:59 IST RSS 2.0
 
1 to 20 of 215    
Posco-India takes Rs 656 crore impairment loss after Odisha exit 21.2.2018 DNA: Money
South Korean steelmaker Posco has taken a Rs 658.79 crore (109,248 million Korean won) impairment loss, or permanent reduction, in the value of securities of Posco-India Pvt Ltd, a regulatory filing shows. In March last year, Posco-India had requested the Odisha government to take back its 2,700-acre land provided at Paradip in Jagatsingpur district for setting up a 12-million-tonne steel project. Consequently, the state government sent a letter toPosco-India informing the land allotted to it has been cancelled. The 2005 project was billed as India's biggest foreign direct investment at that time, but it faced several delays due to a regulatory maze and protests. In 2005, Posco-India was incorporated to promote investment in steel, considering the high growth potential and rise of steel demand in India. In 2011, its role was expanded to act as the regional headquarter, and in 2015, its nature and role have been further extended to represent Posco group affiliates in India. In a notice to shareholders on ...
Also found in: [+]
SAIL extends ties with POSCO for technical pact at eastern Indian plant 8.10.2017 Sify Finance
NEW DELHI, Oct 8 (Reuters) - Steel Authority of India Ltd , the country's top state-owned steel producer, on Sunday said it has deepened strategic technical ties with South Korean steelmaker POSCO
Also found in: [+]
SAIL strikes deal with Posco for technical expertise 8.10.2017 ET: Steel
The 0.55-million tonne wire rod mill of SAIL-ISP will soon start producing wire rods in special grades in order to meet domestic and overseas requirements.
Also found in: [+]
Tata Steel, top global suitors eye Essar Steel under IBC regime? 23.8.2017 ET: Steel
Tata Steel is amongst numerous suitors which have expressed preliminary interest in Essar Steel and its assets.
Also found in: [+]
POSCO Q2 profit jumps 44 pct from year ago on improved profit margins 20.7.2017 TOI: Intl Business
POSCO-RESULTS/ (UPDATE 2):UPDATE 2-POSCO Q2 profit jumps 44 pct from year ago on improved profit margins
Also found in: [+]
Odisha approves JSW Steel's $7.8 billion steel plant 2.6.2017 Sify Finance
BHUBANESHWAR, India (Reuters) - Odisha said on Friday it had approved a plan by JSW Steel to set up a 10 million tonnes a year steel plant costing about 500 billion rupees ($7.8 billion).
Also found in: [+]
Union workers ratify ArcelorMittal Quebec mine contract 12.5.2017 Sify Finance
TORONTO (Reuters) - Union workers at ArcelorMittal's Mont-Wright iron ore mine in northern Quebec have ratified a new four-year contract with the steelmaker, the world's largest, the
Also found in: [+]
India plans land "swaps" to attract steel investors: Official 9.5.2017 ET: Steel
Fluctuations in the domestic price of iron ore, which is determined by local miners, has also deterred investors.
Also found in: [+]
Essar Steel, Posco sign pact for supply of flat steel products 4.5.2017 ET: Steel
The quality of Essar Steel products is consistent with international products and hence many buyers prefer to have a long-term arrangements, sources say.
Also found in: [+]
Odisha cancels land allotment to Posco project 29.4.2017 ET: Steel
The minister said that Posco had also defaulted on land dues worth Rs 54 crore for which IDCO held back transfer of balance land to the company.
Also found in: [+]
South Korea to raise issue of U.S. steel import restrictions at WTO 21.4.2017 Sify Finance
By Hyunjoo Jin and Jane Chung
Also found in: [+]
Asia steelmaker shares rise despite Trump salvo on trade 21.4.2017 Sify Finance
SYDNEY (Reuters) - Shares of most Asian steelmakers rose on Friday, deflecting the first salvo of a long-anticipated anti-dumping campaign from U.S. President Donald Trump.
Also found in: [+]
South Korea needs to consider a complaint to WTO over U.S. protectionism - steel industry source 21.4.2017 Sify Finance
By Hyunjoo Jin and Jane Chung
Also found in: [+]
Morning News Call - India, March 20 20.3.2017 Sify Finance
To access the newsletter, click on the link: http://share.thomsonreuters.com/assets/newsletters/Indiamorning/MNC_IN_03202017.pdf If you would like to receive this newsletter via
Also found in: [+]
Other firms will come if Posco exits steel project: Piyush Goyal 19.3.2017 ET: Steel
Commenting on the delay in land acquisition, Goyal said the project approval "had happened during the earlier regime and now things are becoming more transparent".
Also found in: [+]
UPDATE 1-POSCO offers to surrender land for planned India steel project 19.3.2017 Sify Finance
(Adds POSCO spokesman comments)
Also found in: [+]
South Korea's POSCO offers to surrender land for planned India steel project 18.3.2017 Sify Finance
By Jatindra Dash
Also found in: [+]
Government mulls local steel requirement for $59 billion infrastructure spend 7.3.2017 ET: Steel
India wants to nearly triple its production capacity by the next decade and acquire technology to produce higher value products including automotive steel.
Also found in: [+]
India mulls local steel requirement for $59 bln infrastructure spend 7.3.2017 Sify Finance
* India says requirement for local steel will be WTO compliant
Also found in: [+]
India mulls local steel requirement for $59 billion infrastructure spend 7.3.2017 Sify Finance
By Neha Dasgupta
Also found in: [+]
1 to 20 of 215