Page 2 - Posco

Adani Group, POSCO sign agreement to develop steel mill in Gujarat

The investment is estimated to be up to $5 billion, according to the statement.

General Motors partners with POSCO to build NA battery materials plant

The move comes as GM is ramping up electric vehicle production and vowing to shift more of its supply chain to North America

SC quashes Bombay HC's verdict on no skin-to-skin contact in assault case

Supreme Court quashed Bombay High Court verdict that had held that no offence of sexual assault is made out if there is no direct skin-to-skin contact

Steelmaker POSCO reports highest-ever quarterly operating profit in Q3

The South Korean steelmaker reported its highest-ever quarterly operating profit in the third quarter

RINL privatisation prompts Posco to explore new locations for steel plant

Andhra govt has invited Posco to set up a unit at Krishnapatnam, but steel major has not taken a decision yet

Steel shortage from Posco may force automakers to suspend production: SIAM

Auto industry body SIAM on Monday said supply shortage of steel from Posco's Maharashtra-based plant could lead to suspension of production at various facilities of leading companies. Raigad-based manufacturing plant of South Korean steel major Posco is one of the major suppliers of steel in the industry. It is currently facing labour issues that have resulted in the disruption of supply to some of the leading automakers in the country. "Disruptions in supplies from Posco Maharashtra Steel has resulted in non-availability of steel for some of the major Auto OEMs," Society of Indian Automobile Manufacturers (SIAM) Director General Rajesh Menon said in a statement. As per industry sources, auto companies such as Maruti Suzuki, Hyundai Motor, Kia Motors, Tata Motors and Mahindra & Mahindra source steel from the Posco plant. There have been no despatches of steel since March 4 except for one day, wherein some trucks loaded with steel and held up outside the factory premises were ...

Posco's steel plant in India faces disruption, hampers auto supply chain

Supply of steel from Posco's Maharashtra plant has been seriously affected and production for carmakers "is likely to come to a standstill"

Posco's steel plant in India faces disruption, hampers auto supply chain

A local politician leading the protests said they have blocked employees and goods from entering the plant and will continue until Posco heeds to some of their requests

AM/NS India inks Rs 5,000 crore MoU with Posco for hot rolled coil supply

Under the agreement, the sixth such between the two firms since 2015, both entities will also jointly work to enhance the quality of current grades, develop new value-added grades

ArcelorMittal Nippon Steel India inks pact with POSCO Maharashtra Steel

The pact is to supply hot rolled coils

Explained: How Uttam Galva Steels lost its sheen amid mounting debts

The promoter group's deal-making capabilities have come back to haunt it

Govt asks RINL, POSCO to form joint working group for AP steel project

The JWG would meet regularly to expedite the implementation of the MoU, the ministry said.

Bullish on India, Posco may have another go at setting up greenfield unit

Joint working group with Posco and RINL representatives will be formed to implement investment on land owned by Rashtriya Ispat Nigam Ltd (RINL) at Vizag

South Korea's Posco set to supply LNG to Pakistan for first time: Report

Posco offered the lowest bid of 7.9673% of Brent crude oil prices for the supply of an LNG cargo into Pakistan

RS panel calls for breaking encryption to track distribution of child porn

The ad hoc committee has called for broadening of POSCO Act and mandatory policing on apps to regulate access to child pornography

Odisha expects JSW Steel project to begin soon after successful hearing

However, sources told PTI that JSW has not received the required 2,980 acres of land and th project will take time as formalities, including land handover, erection of boundary, will take time.

South Korea's Posco continues exploring joint venture possibility with RINL

Last week, POSCO officials had a meeting with the Rashtriya Ispat Nigam Limited (RINL) management with regard to the JV plans, they said

After Posco fiasco, South Korea eyes fresh investment imprint in Odisha

A clutch of Korean investors are keen on redrawing their investment contours on Odisha's soil

Sluggish market may delay Posco decision on investing in India steel plant

India will be adding 20 mt of annual capacity in the next five years

Govt to amend Pocso Act, extend protection to minor male victims

Gandhi said following the petition, she had in September 2017 instructed the National Commission for Protection of Child Rights (NCPCR) to look into the issue