Recently, the prices of hot rolled coils (HRC) have remained flat at INR35, 750~INR36, 250/ton in the Indian domestic market even though the local steelmakers increased the prices. Last week, the major steel mills in India such as ...
It’s reported that the four major steelmakers in Indian announced to raise the prices of steel products by INR500~INR1,400/ton for January. Rashtriya Ispat Nigam Ltd (RINL) announced to increase its steel product prices by INR500/ton. ...
Tags: steelmakers, India, prices, products
PTI reported that country's major steel makers are set to add around 24 million tonnes per annum capacity through brown field expansions by 2017-18 involving investments to the tune of INR 0.1 million. According to a Steel Ministry data, ...
Tags: steel makers, steel, Steel Authority, steel capacity
Indian state-run steelmaking and mining company Rashtriya Ispat Nigam Limited (RINL), also known as Vizag Steel, has announced that it has registered a 15 percent growth in sinter production in December, reaching 528,000 mt, the ...
Tags: RINL, India, Vizag Steel, December
Massive modernization and expansion plans have already been launched in Steel Authority of India Limited and Rashtriya Ispat Nigam Limited for increasing the steel making capacity from 12.4 million tonne to 20.2 million tonne and from 3.0 ...
Tags: Steel Authority of India Limited, Rashtriya Ispat Nigam Limited
Under the Corporate Social Responsibility Scheme,the Public Sector steel companies namely Steel Authority of India Limited and Rashtriya Ispat Nigam Limited are allocating funds for the CSR activities as per the guidelines prescribed by the ...
PTI reported that Rashtriya Ispat Nigam,NMDC and MOIL,under the Steel Ministry,are looking to acquire iron ore assets in Brazil,the world's second largest exporter of the steel making raw material. A source said that NMDC had already ...
Tags: Acquire Iron, Brazil, Energy
Rashtriya Ispat Nigam Limited inked a MoU with Indian Railways for doubling crucial iron ore track As per the provisions of the MoU, the 150 km Jagdalpur - Kirandul section of the Kottavalsa - Kirandul line of the East Coast Railway will ...
Tags: iron ore, iron ore track, iron ore rail track, iron, ore
Press Trust of India reported that Rashtriya Ispat Nigam Limited has decided to initiate a slew of financial restructuring measures and merge a subsidiary with itself for better valuation during disinvestment. Indian steel minister Mr ...
Tags: steel, financial restructuring, financial, reserves
Times of India reported that protesting against the decision of Rashtriya Ispat Nigam Ltd to set up a railway wheel manufacturing unit in Rai Bareli,the CPI(M)Visakhapatnam district committee said that it is unfair as the unit is being set ...
Tags: CPI(M), RINL wheel JV, Rae Bareli, railway wheel manufacturing unit
A MoU was signed between Rashtriya Ispat Nigam Limited and the Indian Railways in the presence of steel minister Mr Beni Prasad Verma and minister for railways Mr Pawan Kumar Bansal in New Delhi The MoU was signed by Mr Keshav Chandra ...
Tags: MoU, Indian Railways, railway infrastructure, steel
Business Line reported that disinvestment of government’s shares in Steel Authority of India Ltd may take place in February. However, there is still no clarity on sell off of another steel company, Rashtriya Ispat Nigam Ltd. A ...
Tags: Business Line, Steel Authority of India, steel market, steel industry
Rashtriya Ispat Nigam Limited has contracted SMS Siemag of Germany, as the leader of a consortium for the modernization and expansion of their converter shop No 1 in Visakhapatnam. The aim is to increase annual production from 3.2 million ...
Tags: vRashtriya Ispat Nigam Limited, SMS Siemag, steel, dedusting system
Business Line reported that Andhra Pradesh chief minister Mr N Kiran Kumar Reddy gave an assurance to the Mr AP Chowdhary CMD of the Rashtriya Ispat Nigam Ltd that the state government is favorably inclined to the petition of the company ...
Tags: power supply, RINL, iron ore mines
Business Standard reported that the Odisha government is scheduled to hold talks with the officials of union ministry of steel on December 14th on various issues concerning hurdles in implementation of steel projects in the state A host ...
Tags: Steel Authority of India Limited, POSCO, Rashtriya Ispat Nigam Limited