Sajjan Jindal, Chairman and Managing Director, JSW Group, has urged the government to allow public sector companies to take over production at seven iron ore mines in Odisha that have defaulted on penalt
After raising prices by five to six per cent in January, steel mills plan to do so by another Rs 2,500-3,000 a tonne in February, to bridge the gap between domestically produced and landed cost of import
Buoyed by a recent order that it has won in Japan, Steel Authority of India Ltd.(SAIL) is now aiming to increase exports to the country as well as to Korea. The steelmaker has now widened its product por
Iron and steel sector accounts for about 24 percent of total gross non-performing assets (GNPA) in basic metal and metal product category for public sector banks (PSBs), according to the Ministry of Stee
Seven working iron ore mines have shut down in Odisha as nine owners failed to pay the penalties ordered by the Supreme Court. The closure of operational leases is set to knock of 20 million tonnes (mt)
Tata Steel Ltd on Tuesday said its board had approved a Rs23,500-crore capital expenditure plan to expand the capacity of its Kalinganagar facility by 5 million tonnes per annum (MTPA) to 8 MTPA. The boa
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