SAIL
Latest News
Report: SAIL, ArcelorMittal Consider Joint Offer for Indebted Steelmaker
09 January 2018 - ArcelorMittal and the Steel Authority of India Ltd. (SAIL) reportedly are weighing a joint bid for India’s Bhushan Steel, which was forced into insolvency proceedings last year, reports financial portal moneycontrol.com.
Report: ArcelorMittal, SAIL Nearing Agreement on JV Cold Mill
21 November 2017 - The Steel Authority of India Ltd. and ArcelorMittal are preparing to sign a memorandum of understanding to establish a cold rolling mill capable of producing 1.5 million tons annually, according to the Press Trust of India news agency.
SAIL to Regain Position as India's Leading Producer
21 September 2017 - The Steel Authority of India (SAIL) is preparing to blow in its newest blast furnace – and reclaim its spot as the country’s No. 1 steel producer, reports the Business Standard newspaper.
Steelmakers Nearing Agreement on Establishing New Cold Mill
20 July 2017 - The Steel Authority of India (SAIL) and ArcelorMittal are closing in a joint venture cold mill that would produce automotive steel, reports the Press Trust of India.
Danieli Wins Order for Caster Upgrade
30 June 2017 - The Steel Authority of India has awarded a contract to Danieli for improvements to a bloom caster at its Durgapur facility, the equipment supplier has announced.
Three Killed in Steel Plant Accident
07 May 2017 - Three people were killed and three others were injured at an Indian steel mill after a ladle accidentally tipped and spilled 25 to 30 metric tons of molten metal, according to the Hindustan Times newspaper.
SAIL Says It Can Roll Rail in Record Lengths Now
23 January 2017 - The Steel Authority of India has put a new universal rail mil into service at its Bhilai facility, giving it the ability to produce single strands in lengths of up to 130 meters, reports The (India) Economic Times.
SAIL Fires Up New Silicomanganese Furnace
13 December 2016 - Steel Authority of India Ltd. has announced that its Chandrapur ferroalloy plant has begun ramping up a new silicomanganese furnace, said to be India’s largest.
Indian Steelmaker to Commission New Ladle Furnace in 2018
14 November 2016 - SMS group has won an order for a 130-ton twin ladle furnace of the Steel Authority of India Ltd., the mill equipment maker has announced.
SAIL Develops Special Cold-Weather Steel
30 September 2016 - The Steel Authority of India Ltd. has developed a type of steel designed specifically for use in extremely cold environments and has shipped its first order, reports the Business Standard newspaper.
SAIL Records Fifth Straight Quarterly Loss, Forecasts Increasing Steel Demand
09 September 2016 - India’s largest steelmaker lost US$81 million in the first quarter of its fiscal year, but is forecasting increasing demand and is advancing plans to boost capacity, reports the Bloomberg news service.
India Steps Back From POSCO Mill Project
22 January 2016 - The Indian government has set aside plans to establish a steel mill in partnership with South Korea’s POSCO, and will now focus on other projects with ArcelorMittal, reports The Times of India.
SAIL, ArcelorMittal Hoping to Formally Establish New JV Later This Year
04 January 2016 - Executives at Steel Authority of India Ltd. (SAIL) and ArcelorMittal are looking to finalize a joint venture sometime this year for a new automotive steel mill in India, according to The (India) Economic Times newspaper.
SAIL Wins Big Rail Order From Iran
02 November 2015 - State-owned Steel Authority of India Ltd. (SAIL) will supply about 100,000 metric tons of rail for a system expansion in Iran, according to reports.
To Protect Domestic Producers, India Imposes Hefty Duty on Hot Rolled Imports
14 September 2015 - The Indian government has imposed a temporary 20-percent duty on certain imported steel products, according to Reuters.
With Import Protections In The Offing, SAIL Considers Price Hike
26 August 2015 - Anticipating the imposition of a 10 percent protective duty on steel imports, Steel Authority of India Ltd. may raise prices early next month, according to Bloomberg TV India.
Indian JV Inaugurates New TMT Bar Mill
18 August 2015 - The Steel Authority of India Ltd. in partnership with another company are opening a new mill capable of producing 100,000 tonnes annually of thermomechanically treated bar, India's The Economic Times reports.
SAIL Awards Contract For New Strip Mill
07 August 2015 - A consortium that includes Primetals Technologies Ltd. has won a contract to build a large hot rolled strip mill in India, Primetals has announced.
Rakesh Singh Appointed Chairman of Steel Authority of India Ltd.
24 June 2015 - Rakesh Singh, IAS, Secretary, Government of India, Ministry of Steel has taken additional charge of the post of Chairman, Steel Authority of India Limited (SAIL), effective 11 June 2015. Singh is a 1978 batch officer of Punjab cadre.
SAIL, MIDHANI Sign MoU for Research and Development into Iron and Steel Industry
10 June 2015 - A Memorandum of Understanding (MoU) has been signed between Research and Development Centre for Iron & Steel (RDCIS), Steel Authority of India Limited (SAIL), Ranchi and Mishra Dhatu Nigam Limited (MIDHANI), Hyderabad in New Delhi, India, on 2 June 2015.
