August 25, 2010: Navaratna Public Sector company Steel Authority of India Limited (SAIL) is heading towards becoming a "global company" for its quality control, pricing, cost efficiency and cost effectiveness, SAIL chairman C.S. Verma said on August 24.

August 25, 2010: South Korean steelmaker Posco's Rs 54,000 crore integrated plant in Orissa may get the environment ministry's clearance by September end, a ministry official said.

August 23, 2010: Kolkata-based Maithan Alloys will be investing Rs 250 crore in setting up a ferro alloys plant in Vishakhapatnam. "The project, which will come up in a special economic zone, will double our total capacity by 120,000 tons," managing director, Subhash Agarwalla, said.

August 23, 2010: The Bolivian government has provided 3000 acres of additional land to Naveen Jindal-led Jindal Steel for its $2.1 billion steel and power plant in the south American country.

August 20, 2010: Even as Tata Steel rolls out its ambitious Industrial Park project at Gopalpur, on the coast of Ganjam in south Orissa, on August 21, the setting up of a desalination plant to overcome the water crisis there has become crucial for the success of the project.

August 20, 2010: Eight to 10 prospective anchor investors in sectors like engineering and downstream industries have evinced interest to invest on the Gopalpur Special Economic Zone (SEZ) being developed by Tata Steel on over 3000 acres of land.

August 20, 2010: Iron ore prices in Asia were up around 4 percent from a week ago on some buying in China and lower supplies in India, but the trade remained doubtful on concerns about steel oversupply, traders said.

August 19, 2010: The recent ban on iron ore exports and suspension of mineral despatch permits by the Karnataka government is likely to leave a Rs 2000 crore hole in the revenues of Indian Railways this year.

August 19, 2010: After a lull of nearly one and half decades, Tata Steel has finally geared up to put to use its 3200 acres of land lying idle at Gopalpur in Orissa. Playing the role of the anchor tenant for an industrial park proposed to come up on this patch of land, the company is all set to launch two projects: a 50,000 tons per annum ferroalloys plant and 40,000 tons per annum bar mill there.

August 19, 2010: ArcelorMittal, the world's largest steelmaker, is in talks with Chinese Wuhan Iron & Steel Group, to jointly develop overseas mining projects to gain more raw material resources and reduce cost risks, a media report said.

August 18, 2010: The Orissa government has achieved more than 25% of the mining revenue collection target in the first quarter (April-June) of the current financial year.

August 18, 2010: German engineering major Siemens on Monday said it has bagged a 10 million euro order from Steel Authority of India (SAIL) to supply an RH vacuum degassing plant to the Rourkela Steel plant.

August 18, 2010: Steel Minister Virbhadra Singh said construction work of the
Rs 15,225 crore steel plant may commence by November-December this year and invited the Prime Minister, Manmohan Singh, to inaugurate the same.

August 17, 2010: Tata Steel-owned Corus recently said that it will invest £185 million (Rs 1355 crore) in the No. 4 blast furnace at Port Talbot steelworks in Wales, that will increase capacity by 4,00,000 tons per year.

August 17, 2010: Jindal Steel & Power has secured over three-fourths of the land required to build its $2.1 billion steel and power plant in Bolivia that allows it to kickstart the delayed project, according to sources with direct knowledge of the development.

August 16, 2010: Leading steel-maker Tata Steel's domestic manufacturing capacity will jump three-fold to 21 million tons per annum (mtpa) following the expansion of its Jamshedpur project and Orissa and Chattisgarh's greenfield units becoming operational. The current manufacturing capacity of Tata Steel stands at 7 mtpa.

August 13, 2010: The country's largest iron ore producer, NMDC, has acquired the entire private land required for its proposed Rs 15,000 crore steel plant at Jagdalpur, headquarters of the Bastar division.

August 13, 2010: India has to raise its steel production by 208% to meet the need for 200 million tons (mt) by 2020 from the present 65 mt.

August 12, 2010: Nine mining companies, including India's largest iron ore exporter, Sesa Goa, have filed separate petitions and another half dozen are in various stages of approaching the court next week, to challenge the Karnataka government's abrupt decision to ban export of the steel-making raw material from the state.

August 12, 2010: State-owned SAIL has slashed its proposed investment by almost half to about Rs 35,000 crore for setting up a steel plant along with a urea unit in Jharkhand.