According to the Indian government's Press Information Bureau, at the 24th meeting of the National Steel Consumers' Council, Minister of Steel Shri Beni Prasad Verma said that ten steel plants are being set up in Indian state of Uttar ...
India's Steel Ministry is finalizing a new national steel policy (NSP) focusing on infrastructure development, securing raw materials and human resource development for the growth of the steel industry, according to the Associated Chambers ...
Tags: raw materials
India's Steel Ministry has pointed out that the raw material needs of the two major domestic state-owned steelmakers Steel Authority of India (SAIL) and Rashtriya Ispat Nigam (RINL) will increase by up to 39 percent within three years as ...
Tags: Steelmaker, Raw Material
Mr Beni Prasad Verma the minister of Steel said that the process of expansion of Visakhapatnam Steel Plant’s production capacity to 6.3 million tonne per annum against original capacity of 3 million tonne per annum of liquid steel is ...
Tags: Beni, Verma, Steel, expansion, Visakhapatnam Steel Plant
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
Mr Beni Prasad Verma minister of Steel said that Indian government has notified 16 steel products, which have direct bearing on consumer health and safety and critical to infrastructure, under the Steel and Steel Products Order, 2012, which ...
Tags: Steel Product, Steel, Steel industry, Steel market
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
Mr Beni Prasad Verma minister of Steel said that the Steel Authority of India Limited is putting all its efforts to complete the expansion and modernization program at IISCO Steel Plant, Burnpur. Some of the major facilities like Raw ...
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
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
Mr Beni Prasad Verma Indian minister of Steel said that the present per capital consumption of steel in the country is 59 Kilogram He said that the rural market has been identified by the government as one of the areas where the potential ...
Tags: steel, potential consumption, rural market
Mr Beni Prasad Verma the minister of Steel said that in SAIL plants/units including Durgapur Steel Plant, job contracts are awarded to contractors through a tendering process for carrying out jobs of temporary, intermittent/seasonal nature ...
Tags: Beni Prasad Verma, temporary jobs, India, steel industry
Mr Beni Prasad Verma the minister of Steel said that the total turnover and profits made by Bhilai Steel Plant during each of the last 3 years and the current year are as under: In a written reply in the Lok Sabha, Mr Verma said that ...
Tags: Bhilai Steel Plant, steel, turnover, profit
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
Visakhapatnam Steel Plant, an Indian market leader for bar and rod products in the steel market, is looking at entering the Sri Lankan steel market. RINL, which is backed by the Government of India, has a 35% market share in bar and rods ...
Tags: steel scrap buyers, sri lanka vs india, steel market prices