Business Line reported that Visa Steel Ltd will close the INR 368 crore transaction with SunCoke Energy Inc for 49% stake in Visa Coke Ltd, its wholly owned subsidiary by January end. Mr Vishal Agarwal CMD of Visa Steel said that the deal ...
Tags: Business Line, Visa Steel, SunCoke Energy, wholly owned subsidiary
Mr Beni Prasad Verma minister of Steel said that as per information available in the Ministry of Steel, there are about 431 number of sponge iron plants set up across the country including Chhattisgarh. Source - PIB
Tags: India, sponge iron plants, Beni Prasad Verma
As per latest information from Black Sea, CIS steel export prices are rather stable, but future sentiments are moderately negative. Billet price decreased by USD 5 per tonne to USD 10USD during the week and expectations are rather ...
Business Standard reported that amid allegations of monopolization of chrome ore trade leveled by the All Odisha Steel Federation against state controlled miner Odisha Mining Corporation, the Odisha government has informed the Competition ...
Tags: chrome ore, chrome ore trade, ore, sponge iron
Base metals at LME posted major recovery last week on signs of improved demand for the industrial metal from China and the US highlighting market's belief that demand is going to be significantly improved in 2013. London Metal Exchange ...
Business Standard reported that according to the Sponge Iron Manufacturers Association, the recent clamp down on miners by the Odisha government is likely to affect India’s sponge iron production by around 15% in the current financial ...
Tags: Sponge Iron Manufacturers Association, India, iron production, iron
Reeling under serious raw material crises,steel makers in Chhattisgarh want Odisha model in the state for their survival. Mr Anil Nachrani President of Chhattisgarh Sponge Iron Manufacturer's Association said that"We demand the state ...
Tags: raw material crises, steel makers, Odisha model, iron ore
Steel companies that have entered into MoU with the Odisha government have generated direct employment for 27,690 people. Mr Rajani Kant Singh minister of steel&mines said that of this 19,304 jobs have gone to persons within the state ...
Tags: MoU, steel, employment, mines
Sponge iron Change is on 7th December as compared to 6th December 2012 Change is in INR per tonne
Tags: sponge iron, price
Hindustan Times reported that facing acute shortage of iron ore, steel and sponge iron producers of Karnataka have demanded that state run NMDC, the only miner allowed to operate in the stateshould take steps to increase its production and ...
Business Standard reported that Odisha has attracted investment proposals worth INR 12,750.48 crore during April to November period of this fiscal. The investments have poured in from diverse sectors ranging from steel to cement and power ...
Tags: Jindal Steel, Odisha, NALCO, metal powder
Of late, there are allegations that the nation's largest iron ore producer, government owned NMDC, is exporting it to Japan at a much lower price than what the domestic steel industry pays. Also, with Mr CS Verma being the chairman of ...
Tags: ore producer, NMDC, sponge iron
Change is on 27th November as compared to 26th November 2012 Change is in INR per tonne
Tags: sponge iron, price, movement
Business Standard reported that te steel makers in Chhattisgarh are mulling a plan to block the transportation of iron ore from the NMDC facility if the mining major fails to take any decision to cut the price. Chhattisgarh Sponge Iron ...
Tags: Chhattisgarh Steel, steel market, steel, steel price
London Metal Exchange Rates Cash Buyer Product 15-Nov 22-Nov Change % Zinc 1907 1898 -9 0% Nickel 16010 16680 670 4% Tin 20405 ...