South Korean POSCO Steel Company May Get 74 percent of shares in SAIL JV

May 5, 2010 · Posted in News · Comment 

South Korean company POSCOWindsurfing subcommittee recommended the South Korean company POSCO largest steel group get 74 percent equity in the company SAIL joint venture. Give shares on the basis of patented technologies FINEX and funding provided by the South Korean government for the construction of the steel plant in Jharkhand. months of windsurfing subcommittee approved a proposal to establish common ground steel joint venture of Bokaro Steel Plant (BSP). Read more

Indian Steel JSW Steel Company intends to acquire assets Coking Coal U.S.

May 5, 2010 · Posted in News · Comment 

JSW SteelJSW Steel plans to acquire coking coal assets in U.S. funds set up by JSW Steel to acquire coal assets worth $ 100. Acquisition of coking coal assets to reduce costs and effectiveness. The coal mines that have been approved for the acquisition is a group of mines in West Virginia. Mixed manager Seshagiri Rao said: “The company is looking back on integration. This will bring substantial benefits to society because the integration of coking coal, which is the main ingredient for making steel. ” Read more