Page 13 - Sail
SAIL lines up Rs 4,000 cr capex for FY18
In 2015-16, the public sector undertaking had spent Rs 4,483 crore as capital expenditure
 "SAIL lines up Rs 4,000 cr capex for FY18")
Biz environment becoming challenging for steel sector: SAIL
In this challenging environment, SAIL has identified 5 core areas on which it will focus
Retired SAIL employees to go on three-day hunger strike from Feb 7 in Delhi
The body of retired employees of SAIL is demanding a monthly payment of minimum Rs 5,000
SAIL's Rourkela unit logs record output
he stellar performance of the new units is the result of modernisation cum expansion drive taken up by RSP
 "SAIL's Rourkela unit logs record output")
ICVL to resume operations in Mozambique mine in a few months: SAIL
Work in the mine was suspended in 2015 following a crash in coking coal prices
 "ICVL to resume operations in Mozambique mine in a few months: SAIL")
Strategic sale of NMDC, SAIL units on cards
Officials said transaction advisers were being appointed for the sales, which were likely to materialise in 2017-18
 "Strategic sale of NMDC, SAIL units on cards")
SAIL in talks with CIL over coking coal price hike
CIL arm Bharat Coking Coal Ltd this month increased the prices of coking coal by about 20%
 "SAIL in talks with CIL over coking coal price hike")
Low demand, 60-70% production jump in capacity poses challenge: SAIL
The production is growing almost 7-8% but demand is growing by 3%, says Chairman P K Singh
 "Low demand, 60-70% production jump in capacity poses challenge: SAIL")
SAIL enhances rail production capacity to 2 mtpa
To meet the demand of Indian Railways besides upgrading its export portfolio
Recent coking coal price rise puts pressure on SAIL's operations
Steel maker currently meet the maximum requirement of coking coal through imports, says P K Singh
 "Recent coking coal price rise puts pressure on SAIL's operations")
There's every possibility of pacts with global leaders: SAIL Chairman
The industry has already in the country some joint ventures between Indian and foreign companies
 "There's every possibility of pacts with global leaders: SAIL Chairman")
SAIL's Rourkela unit scales new high in hot metal output
The record hot metal output is the outcome of de-bottlenecking of crude steel making facilities
 "SAIL's Rourkela unit scales new high in hot metal output")
Compass: SAIL's performance improves, but more needed
The improved operating profit is still not enough to cover interest costs; rising coal costs will add to woes going ahead
SAIL hits 52-week high post Q2 results
The stock was up 4% to Rs 55.70 after reported a net loss of Rs 731 cr in Q2FY17 against loss of Rs 1,109 cr in Q2 FY16
SAIL-BSP starts production of world's longest single-piece rail
For the last two years, the railways have been demanding the setting up of a 260-meter-long rail
 "SAIL-BSP starts production of world's longest single-piece rail")
SAIL to sell stakes in three units via auction
Company will be selling stakes in the Bhadrawati, Salem and Durgapur steel plants through a two-stage auction
SAIL-BSP eyes small mines to meet raw material demand
Iron ore reserve in Bhilai Steel Plant's mines is reportedly fast depleting that has propelled the management to eye small mines
SAIL, POSCO ink MoU for technical collaboration
The MOU was signed by Dr In-Hwa Chang, chief technical officer at POSCO and Raman, director (technical) of SAIL at POSCO centre in Seoul.
 "SAIL, POSCO ink MoU for technical collaboration")
SAIL steel to give Sardar Vallabhbhai Patel's statue 'Made-in-India' look
The estimated steel requirement for the project, also known as the Statue of Unity, is 32,000 tonnes
 "SAIL steel to give Sardar Vallabhbhai Patel's statue 'Made-in-India' look")
Cost challenges persist for SAIL
Operational turnaround after 3 quarters of losses is positive but rising coal prices will add to an already weak cost structure
 "Cost challenges persist for SAIL")
