Business standard reported that with 6 out of 8 lessees moving the revision authority under Union mines ministry against the Odisha government in case of violation of Rule 37 under Mineral Concession Rules 1960, the state government is ...
Tags: iron ore price news, government of india, india business news, mining
TATA Steel vice chairman and MD visited the second Operation Smile India Cleft Care Mission organized in association with Hi-tech Hospital, Bhubaneswar. TATA Steel, Sir Dorabji TATA Trust & Allied Trusts are supporting the mission. In the ...
Tags: TATA Steel, company news, cooperation
RT reported that Russia's steel giant Severstal is closing down its Italian steel producer Lucchini in December. Falling demand is cutting the steel maker's profits making it leave the area along with other Russian companies. Lucchini SpA ...
Tags: steel giant, Severstal, Lucchini
According to media report that Chinese state-run Anshan Iron & Steel Group (Ansteel), the second largest steel maker in Mainland China has notified price increase of hot-rolled steel coils (HRC) by US$21/ton and US$11/ton for its ...
Tags: Chinese Ansteel, Iron&Steel, Steel Prices
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
BS reported that TATA Steel, which is developing a 6 million tonne Greenfield steel plant at Kalinganagar in Jajpur district of Odisha, hopes to commission first phase of the project with a capacity of 3 million tonne by August 2014. Mr ...
Reuters reported that the Italian government said on Monday Prime Minister Mr Mario Monti would meet the head of steel maker Ilva, to discuss its future after the company said it may be forced to close. The announcement followed the ...
Tags: Ilva, Mario Monti, steel maker
According to report, stainless steel maker Posco said yesterday that it sees the construction of stainless cold rolling mill built in Izmit in Turkey's Kocaeli province will be finished in April 2013 on schedule. The new plant's ...
Tags: stainless steel, stainless cold rolling mill, galvanizing strip
PTI reported that the Competition Appellate Tribunal adjourned the hearing till January over SAIL’s plea questioning the maintainability of a petition related to supply of rails by the steel maker to the Indian Railways. A 3 member ...
Tags: Sail Plea, Appellate Tribunal, supply of rail, steel
The Jakarta Post reported that low average selling price of steel resulting from an oversupply in the domestic market hit earnings of the country's major steel producers in the first nine months of this year. Mr Edward Pinem executive ...
Tags: Industry Trends, Fasteners, steel
According to a Reuters calculation based on data released by World Steel Association, the daily rate of global crude steel production rose slightly in February 2012 from a month earlier, helped by a seasonal demand pickup in top producer ...
Tags: Industry Trends, fastener
German cement major, HeidelbergCement and domestic giants including Ultratech and Reliance Cements have reportedly displayed interest in becoming a joint venture partner in state-run Rashtriya Ispat Nigam s proposed Rs. 1000 crore, 3 ...
Tags: market view, cement