SAIL's Chairman announces $800 million investment in new rail mill despite no order indication from Indian Railways.

President Donald Trump has said he will implement a 25% tariff on all steel and aluminum imports beginning in March. One Lowell company says it supports the move.

Steel Authority of India Limited (SAIL) plans to invest USD 800 million in a new rail mill, driven by confidence in future ...

The steelmaker says its Saarstahl Rail business unit is the only rolling mill in Europe to offer CO 2-reduced rails. The rails are made with metal produced in a recycled steel-fed electric arc furnace ...

SAIL is bullish on the demand for rails in the country and has decided to set up a new rail mill at an investment of USD 800 million, the company's Chairman Amarendu Prakash said on Saturday. The ...