PTI quoted CAG as saying that delays in awarding contracts have nearly trebled iron ore miner NMDC’s cost for developing two deposits to INR 15.06 billion. NMDC, which has around 16% share of the country’s total iron ore ...
Tags: NMDC, iron ore miner, iron ore, miner, iron ore production
moneycontrol.com reported that Indian iron ore miner NMDC has reduced the price of iron ore lumps by 5.9% or INR 320 Per tonne for the current month mainly to align rates with the landed cost of the imported raw material. At a Board ...
Tags: India, iron ore, NMDC, raw material
PTI cited government auditor CAG as saying that iron ore miner NMDC has suffered INR 745.94 crore revenue loss during 2007-10 for not revising the domestic prices of the steel-making raw material in line with prevailing market rates, due to ...
Tags: miner, iron ore, steel-making raw material, Steel Mills
PTI reported that the Indian steel ministry said that it has initiated the process to constitute a committee for the selection of the chairman for iron ore miner NMDC. Indian steel minister Mr Beni Prasad Verma said in the Lok Sabha ...
Tags: steel, Construction, iron ore miner
Economic Times reported that the Centre has turned down Chhattisgarh's request to nominate three elected representatives from the Bastar region on the board of iron ore miner NMDC and spend 10% of its net profit on the local area ...
Tags: Chhattisgarh, iron ore miner NMDC, mineral, mineral industry
PTI reported that the government is likely to sell its 10% equity this week in iron ore miner NMDC, which could fetch the exchequer nearly INR 6,300 crore at the current market price. A senior government official said that "The stake sale ...
Tags: iron ore miner, market price, largest domestic iron ore miner
An increasing amount of Russian stainless steel pipe organizations are in all likelihood to construct new crops at home, in the strategic shift apart from international acquisitions, as they consider benefit of large earnings margins at ...
Tags: stainless steel pipe