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India Steel Works to set up wholly-owned subsidiary in Singapore

15 Nov 2013 Evaluate

India Steel Works has received an approval to set up a wholly-owned subsidiary in Singapore. The board of directors at its meeting held on November 14, 2013 has approved for the same.

India Steel Industries, previously called Isibars, has been producing bright bars since 1957. The company integrated backwards into steel melting and hot-rolling by acquiring a plant in Khopoli, and expanded capacity, upgraded technology and increased product range

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Company Name CMP
JSW Steel 1176.00
Tata Steel 174.30
Steel Authority 169.90
Jindal Stainless 715.85
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