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Times of India (Free subscription) | 11/23/2009
While South Korea's biggest steelmaker Posco has announced it would set up a Rs 60,000-crore steel plant in Karnataka, the world's largest steel company ArcelorMittal has approached the state government about setting up a plant worth Rs 30,000 crore.
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Naxal Terror Watch (Free subscription) | 11/23/2009
Dillip Satapathy / Bhubaneswar November 23, 2009, 0:53 IST Recently L N Mittal, the world’s top steel maker, announced in London that he may shift his 12-million tonne steel project out of Orissa because of the long delay in land acquisition and local opposition to the project. Other promoters of mega projects in the state, such as the Tatas and South Korean steel major Posco, confide the same...
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Gasgoo.com (Free subscription) | 11/20/2009
Shanghai, November 20 (Gasgoo.com) South Korea's leading steelmaker POSCO said yesterday that it plans to increase automotive steel processing facilities in China as part of efforts to solidify its presence in the world's largest auto market, Asia Pulse reported.
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<title> - MarketColorz, Indian Stock Market... (Free subscription) | 11/19/2009
Japan’s JFE Steel has signed a technology transfer agreement with Sajjan Jindal-promoted JSW Steel. The two companies are also considering buying stakes in each other... JSW promoters holding in the company stood at at 45.01%. In 2008, JFE Steel had revenue of $39.05 billion and profit of $1.94 billion. Benefits for JSW Steel JFE Steel will license tech to JSW Steel to make steel sheets for...
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Hindu (Free subscription) | 11/13/2009
MADURAI: People’s movement has emerged so strongly in Orissa that neither the State Government nor POSCO, a South Korean steel major, had been able to enter the site area for land acquisition, said Abhay Sahu, who is heading the ...
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Hindu (Free subscription) | 11/08/2009
BHUBANESWAR: POSCO-India Private Limited, which proposed to set up a 12 million tonne per annum capacity steel plant near Paradip, has announced formation of POSCO Foundation to take up social welfare programmes. Education, healthcare ...
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France24 (Free subscription) | 11/06/2009
South Korean steelmaker POSCO said Friday it has begun building a plant in Turkey to produce steel for automobiles. The plant, when completed by June 2010, will have an annual capacity of 170,000 tonnes of steel for automakers including Ford, Renault, Fiat, Hyundai Motor, Toyota and Honda, POSCO said in a statement. The company, the world's fourth largest steelmaker by output, currently has 41 steel...
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The Street (Free subscription) | 11/04/2009
Investors looking for a boost from the Posco/U.S. Steel plant may want to look to EWY.
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Indian Express (Free subscription) | 11/01/2009
World's fourth-largest steel maker Posco's Rs 54,000-crore project in Orissa may get off the ground by January next year as the state government is "actively working" to remove the hurdles coming in the way of the mega steel plant.
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The Telegraph India (Free subscription) | 11/01/2009
New Delhi, Nov. 1 (PTI): Posco's Rs 54,000-crore steel project in Orissa may get off the ground by January next year as the state government is "actively working" to remove the hurdles.
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Business Wire (Free subscription) | 10/30/2009
PITTSBURG, Calif.--(BUSINESS WIRE)--United Spiral Pipe LLC (USP), a joint venture of United States Steel Corporation, POSCO and SeAH Steel Corporation formally dedicated its new state-of-the-art spiral welded pipe manufacturing facility in Pittsburg, Calif., today. The plant is expected to provide approximately 120 new full-time manufacturing jobs to Northern California at a time when U.S. manufacturing...
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The Earth Times Online Newspaper (Free subscription) | 10/28/2009
CHICAGO - Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: BP plc (NYSE:
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Business Wire (Free subscription) | 10/28/2009
CHICAGO--(BUSINESS WIRE)--Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: BP plc (NYSE: BP), ExxonMobil (NYSE: XOM), Chevron (NYSE: CVX), U.S. Steel Corp. (NYSE: X) and POSCO (NYSE: PKX). Get the most recent insight...
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Indian Express (Free subscription) | 10/24/2009
With not an acre of land in POSCO India's possession for its proposed 12 mt steel project, it seems increasingly unlikely that the state government will be able to fulfil visiting South Korean President Lee Myung-Bak's wishes to lay the foundation stone for the project in January.
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The Telegraph India (Free subscription) | 10/24/2009
Bhubaneswar, Oct. 23: The Orissa government today woke up to the need for an immediate meeting of the Rehabilitation and Periphery Development Advisory Committee, three years after it was first constituted to finalise the resettlement and rehabilitation (RandR) of people to be affected by the proposed Posco steel project.