Stocks of imported coal at 16 major ports in India rose 5% week on week to 7.9 million mt as of February 21, according to data released late Friday by Indian shipbroker Interocean Group. Of the total, thermal coal accounted for 5 million ...
Tags: Coal Stocks, Mineral
Camp Hill, Pennsylvania-based diversified global industrial company Harsco Corporation announced Tuesday a new multi-year contract valued at more than $160 million over its duration with Essar Steel India Limited, one of India's largest ...
Tags: Harsco, Essar Steel, Mineral
It is learned that Indian major steelmakers are to enhance production capacity for another 24 million tons per year before financial year 2017-2018. According to the Steel Ministry, the state-owned SAIL will ramp up its capacity from ...
Tags: Indian major steelmakers, production capacity, financial year, 2018
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
Business Standard reported that Essar Ports Ltd has commissioned its 16 million tonne dry bulk terminal at Odisha’s Paradip Port, which will handle iron ore, mainly for its group company, Essar Steel, and dry bulk cargo for third ...
Tags: Essar Ports, dry bulk terminal, iron ore, dry bulk cargo
My Digit reported that Essar Steel is likely to return to profits by 2013-14 banking on full capacity utilization of its 10 million tonnes per annum steel making operations at Hazira. A senior company official said that"We are focusing on ...
Tags: Essar Steel, steel making operation, Hazira
Essar Energy plc,the India focused integrated energy company,announced that the 600 MW unit 1 of its 1,200MW Mahan I power project has been synchronized with the transmission grid and has commenced generating power. Mahan I,in Madhya ...
Tags: Essar Energy plc, energy company, India, Mahan I project
Financial Express reported that the Essar Steel, which is reeling under a debt burden of INR 23,500 crore, has asked its board to explore the possibilities of raising up to INR 3,000 crore via convertible debt instruments from domestic and ...
Tags: Essar Steel, debt burden, domestic and overseas markets
Essar Ports Ltd, a Ruia owned unit of the USD 17 billion Essar group, which was earlier known as Essar Shipping Ports and Logistics Ltd, plans to concentrate on expanding its existing ports. Mr Rajiv Agarwal MD of Essar Port Ltd said that ...
Tags: container ports, steel plate, inr indian rupee, coal terminals
Business Standard reported that more clarity on talks to refinance loans for oil, steel, shipping and ports entities to emerge in a month or two; external commercial borrowing refinance a prime tool. With a combined debt of close to INR ...
Tags: Essar Group, debt burden, refinance loan, oil, steel