Afghan Iron & Steel Consortium, which includes seven Indian companies and is led by India's state-owned Steel Authority of India Ltd (SAIL), is scaling back its iron ore investment in Afghanistan, according to media reports. The Indian ...
Tags: steel, metallurgy
Reportedly, Indian State-owned Steel Authority of India Ltd (Sail) planned to raise its annual production capacity of 50 million tons in 2022. Currently, the company’s annual production capacity is about 14 million tons and it ...
Tags: Sail, Increase Production
Reportedly, Indian State-owned Steel Authority of India Ltd (Sail) said that it produced 3.2 million tons of saleable steel in April-June, rising by 6% year on year. In the given period of time, the company’s output of ...
Tags: Steel Output, Mineral
It is reported that the majority of Indian steelmakers announced to keep their hot rolled coil prices remain unchanged for March this year. India’s steelmakers considered the domestic market demand remained weak and it expected ...
Tags: HRC prices, steelmakers, steel
Business Standard reported that Indian steel mill’s dependence on pellets as a raw material is set to increase by at least 13% points in the next two years, due to shortage of high grade iron ore in India. Data compiled by OreTeam ...
Tags: India, steel mill, pellets, raw material
Business Line reported that disinvestment of government’s shares in Steel Authority of India Ltd may take place in February. However, there is still no clarity on sell off of another steel company, Rashtriya Ispat Nigam Ltd. A ...
Tags: Business Line, Steel Authority of India, steel market, steel industry
The rating on Steel Authority of India Ltd reflects the company's good market position and diverse customers in India and its favorable cost position due to its captive sources of iron ore. SAIL's good access to funding as a government ...
Tags: Steel, iron ore, steel producer, steelmaking capacity
Daily Pioneer reported that continuing its consistent performance in the current fiscal year 2012-13, Bhilai Steel Plant, the flagship unit of the public sector Steel Authority of India Ltd, has exceeded its annual business plan targets in ...
Tags: Bhilai Steel Plant, Steel Authority of India Ltd, hot metal, crude steel
It’s not India but China and Iran that Steel Authority of India Ltd might be serving initially from the iron ore mine at Hajigak in Afghanistan for which negotiations are at a final stage and signing of the project likely to happen in ...
Tags: iron ore mine, steel, iron ore, ore
Two people familiar with the matter said that JSW Steel Ltd is facing its first annual drop in output in at least 10 years because of a shortage of iron ore at its biggest mill. The people said that production at the Vijayanagar plant in ...
Tags: iron ore price news, steel scrap price, steel supplies
Indian Railway Service of Engineers probationary officers from the Indian Railway Institute of Civil Engineering, Pune, visited Bhilai Steel Plant, the flagship unit of the public sector Steel Authority of India Ltd, for a 1day study tour ...
Tags: public sector, inaugural function, regulation of hydrogen content
Business Line reported that Steel Authority of India Ltd has registered a growth of 8% during November 2012 compared to the same month last year. The company in a statement said that the public sector company produced 0.972 million tonnes ...
Tags: Business Line, Steel Authority, saleable steel, SAIL
India’s largest state-run steelmaker Steel Authority of India Ltd (SAIL) has posted a 12% quarterly profit rise, though it misses market estimate. The company said its net profit reached Rs543-crore (US$99.4 million) for the second ...
Tags: Sail, Profit Growth, state run steelmaker, steel market, Indian market
PTI reported that Indian companies raised USD 4.29 billion from overseas markets in October,up from USD 2.77 billion in the previous month.The money was raised through external commercial borrowings and foreign currency convertible bonds. ...
Tags: India, PTI, Indian companies