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Indian shares set to rise further in 2008: JPMorgan India's stock markets are expected to rise further next year but at a slower pace as high valuations and a fall in corporate profit growth limit gains, analysts at JPMorgan said. 08 Nov 2007
Essar backs away from developing Iranian oil refinery Essar Group has backed away from development of a new oil refinery in Iran that would violate U.S. sanctions on Tehran, Minnesota Governor Tim Pawlenty said. 03 Nov 2007
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Tata Steel signs mill deal with Vietnam co. Tata Steel Ltd has signed an agreement with state-run Vietnam Steel Corp to explore building a cold rolling mill in the Southeast Asian country, the Indian firm said in a statement. 01 Nov 2007
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SAIL Q2 net profit up 15 percent, below forecast State-run Steel Authority of India Ltd on Tuesday has reported a lower-than-expected 18 percent rise in quarterly profit due to higher freight costs, sending its shares down 5.6 percent. 30 Oct 2007
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EU steelmakers seek duties on China, others EU steelmakers will fire the first shot in what could be a major trade battle on Monday when they ask Brussels to hit steel from China and other Asian exporters with anti-dumping duties, an industry source said. 29 Oct 2007
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EU steelmakers set to file dumping complaint against China EU steelmakers are set to ask the European Commission as soon as Monday to impose anti-dumping duties on Chinese steel imports, an industry official said, signalling what could be the start of a major trade dispute. 27 Oct 2007
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Jindal Stainless "rethinking" Russia venture India's largest stainless steel maker, Jindal Stainless Ltd, is rethinking its proposed $100 million plant near St Petersburg, Russia, as clearances have been delayed, its top official said. 27 Oct 2007
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India's Tata Steel Q2 net up 8 percent, beats forecast India's Tata Steel Ltd., the world's sixth-largest steel maker, said on Friday its September quarter net profit rose a better-than-expected 8 percent due to higher metal sales and foreign exchange gains. 26 Oct 2007