Steel sector not witnessing any major slowdown: SAIL chairman Anil Kumar Chaudhary

Commenting on ratings given by different global rating agencies, SAIL chief Anil Kumar Chaudhary remarked that these agencies keep on changing their outlook with the change in circumstances.

Sep 23, 2019, 16:14 PM IST

Coal mafia behind assault on SAIL chief in Delhi, arrested along with 5 others

SAIL Chairman Anil Kumar Chaudhary was attacked on August 7 in South Extension area as he was returning home from office. The assailants followed Chaudhary's car and mid-way, attacked him with iron rods, sharp weapons and small knives.

Sep 10, 2019, 12:55 PM IST

Bhilai Steel Plant blast: Centre dispatches four doctors from AIIMS

Eleven people died and 14 others were injured in the gas pipeline blast at the plant. 

Oct 10, 2018, 12:57 PM IST

SAIL approves JV with ArcelorMittal for automotive steel

However, definitive agreements in this regard will be finalised in due course subject to financial viability, the PSU said in a filing to the BSE.

Dec 13, 2017, 21:48 PM IST

SAIL strikes deal with Posco for technical expertise

The pact is meant for SAIL's IISCO Steel Plant (ISP) at Burnpur in West Bengal.

Oct 08, 2017, 14:09 PM IST

Step up capital spending: Finance minister to CPSEs

The meeting was about capex, and as the country is on the growth path, the companies were advised to increase capex, NLC India Chairman and Managing Director S K Acharya said after the meeting.

Sep 28, 2017, 16:04 PM IST

ArcelorMittal's focus on other assets may hit $1 billion Indian JV

The Luxembourg-based company, known for turning around troubled steel assets, is looking for a foothold in India.

Sep 26, 2017, 17:27 PM IST

Supplied 80% steel required for Sardar Sarovar Project: SAIL

SAIL supplied around 85,000 tonnes of steel (TMT) for the entire Sardar Sarovar Narmada Nigam Ltd (SSNNL) project which comprises all the canals throughout Gujarat which are connected to Narmada River and Dam, the statement said.

Sep 17, 2017, 18:48 PM IST

Steel Authority of India posts ninth straight quarterly loss

Steel Authority of India Ltd reported its ninth consecutive quarterly loss on Friday, hurt by higher expenses. 

Aug 11, 2017, 17:54 PM IST

SAIL seeks NITI help to resolve differences with ArcelorMittal

There were differences between the two companies on certain points under the Memorandum of Understanding, so it was decided to extend it for another three months from the deadline of May 31, 2017, the official said.

Jun 25, 2017, 14:46 PM IST

Two killed, six injured in SAIL's ISCO fire accident

Two contract labourers were killed and six others seriously injured when molten iron accidentally fell on them at the Burnpur IISCO Steel Plant in West Bengal`s Burdwan district on Saturday.

May 06, 2017, 21:29 PM IST

SAIL, BSNL, Air India worst performing PSUs in FY16: Survey

Coal India, ONGC and Indian Oil Corporation emerged as star financial performers among India's central public sector enterprises in 2015-16, whereas SAIL, BSNL and Air India incurred most losses, a government survey has showed.

Mar 24, 2017, 15:31 PM IST

SAIL's steel production up 15% at 10 MT in April-December

The country's largest steel maker SAIL Wednesday said it has produced 10.18 million tonnes of saleable steel in April to December period of the current fiscal, registering a 15 per cent growth over the year-ago period.

Jan 04, 2017, 19:21 PM IST

Recent coking coal price rise puts pressure on SAIL's ops

India's largest steel maker SAIL today said there is a need to develop indigenous sources of coking coal to meet its requirements as recent rise in the price of metallurgical coal was putting pressure on its operations.

Jan 02, 2017, 16:29 PM IST

Sebi bans Sunshine AgroInfra from capital market

In the latest, Sunshine AgroInfra Ltd (SAIL) has been banned by markets regulator Sebi and its directors from mobilising funds from investors through issuance of securities till further orders.

Dec 24, 2016, 14:19 PM IST

Coal imports likely to decline in December on notes ban, firm prices

Coal imports are likley to decline this month as well due to note ban and soaring oil prices in international market. The imports have already dropped by 16 per cent to 14 million tonnes (MT) in November.

Dec 18, 2016, 11:43 AM IST

SAIL-ArcelorMittal $1 bn JV to be finalised by December: Govt

The proposed USD 1 billion JV between global steel giant ArcelorMittal and India's largest producer of the metal SAIL will be finalised by December.

Sep 21, 2016, 14:43 PM IST

SAIL Q1 net loss widens; sees steel demand to rise in H2 FY'17

India's largest steelmaker SAIL Thursday said its standalone net loss widened to Rs 534.92 crore in the June quarter this fiscal on account of a dip in sales realisation and higher interest and depreciation charges.

Sep 08, 2016, 23:52 PM IST

SAIL invites application for Mining Mate, Mining Foreman and other posts

Eligible candidates can apply for the posts of Mining Mate, Mining Foreman, others jobs in SAIL which has released a notification inviting the same.

Aug 01, 2016, 07:45 AM IST

India's steel demand indicators giving mixed signals: Analysts

Even as analysts are upbeat over the expected above normal monsoon and higher GDP growth, they have raised concerns over the slow pace of public and private sector projects and funding constraints, which they feel can have an adverse impact on the steel demand in India.

Jun 05, 2016, 10:27 AM IST