SAIL and NMDC have 20% and 18% stakes, respectively, in the Afghan venture.
At a time when domestic steel demand is tepid, the potential additional outgo on captive iron ore, the key input…
JSW Steel’s director (commercial and marketing) Jayant Acharya says India has all the ingredients required to be the ideal place…
The country is looking at 7%+ GDP growth. I am expecting that in the new fiscal, the growth in steel…
The Mines and Minerals (Development and Regulation) Amendment Act, 2015 extends the tenure of the mineral concessions from 30 years…
A sharp drop in steel prices along with cheap imports and low demand is hurting the industry
Flexible model to pull private sector; 5k km projects target
Fifteen years after Essar Steel defaulted on its $250-million floating rate notes (FRN) in July 1999…
Eyeing a foray into the cement business, state-run steelmaker Rashtriya Ispat Nigam (RINL) has drawn up a plan to set…
State-run iron ore miner NMDC, which has refrained from a price rise of the vital input for steel industry for…
The government is set to bring 18 steel products, including hot-rolled (HR) coil and cold-rolled (CR) coil, under an extant…
Promoters incurring $7.5-m loss a month on high mining, transport costs
Managing director for India and South East Asia at Tata Steel, TV Narendran, says the government should take a cue…
Floats a global tender asking for EoIs from major producers
Higher export duty coupled with subdued global prices led to an unprecedented 129 million tonne of pile-up of iron ore…
State-run NMDC, which had cut the price of iron ore in the previous two months, has decided not to reduce…
Steel imports by India surged by a whopping 71% to touch a record high of 9.31 million tonne in 2014-15…
