Raw material crisis may lead to closure of many SME steel wire units: Industry body

The wire makers have sought government intervention to ensure raw material supply, and a window for imports of specialised items.

published on : 18th October 2020

1,300 ghost PDS cards issued in Odisha's Rourkela

Sundargarh civil supplies officer BC Mangraj said stern action would be taken if allegations of distribution of ghost PDS cards turns out to be genuine.

published on : 11th October 2020

India reviews anti-dumping duty extention on steel imports from seven countries

In international trade parlance, dumping happens when a country or a firm exports an item at a price lower than the price of that product in its domestic market.

published on : 6th October 2020

Commercial mining: Steel companies stay away from bidding in coking coal blocks

They said that of the four blocks with coking coal, a key raw material for manufacturing of the metal, two received bids from companies which do not make steel.

published on : 3rd October 2020

Rourkela Steel Plant stares at manpower crisis

The Rourkela Steel Plant (RSP) of SAIL is staring at a serious crisis of manpower shortage as a substantial number of its employees have tested positive for Covid-19.

published on : 3rd October 2020

Jindal Steel & Power​ gets approval from Indian Railways for regular rail supplier status

JSPL has become the first private company to get such approval from the national transporter which normally gets its rail supplies from government-owned Steel Authority of India.

published on : 30th September 2020

COVID-19 delays NMDC's Chhattisgarh steel plant commissioning till July 2021

According to an official, the steel plant is expected to generate annual revenues of Rs 14,000-Rs 15,000 crore (at optimum production level) with EBITDA margins of 15-20 per cent.

published on : 29th September 2020

Cabinet approves restructuring of SAIL board

These CEOs will now be designated as directors-in-charge of Bokaro, Rourkela, Bhilai and one director-in-charge jointly for Burnpur and Durgapur steel plants.

published on : 26th September 2020

Indian steelmakers turn net exporters to China in April-August: Crisil

For China, supply disruptions and elevated global iron ore prices led to higher steel imports in these months.

published on : 21st September 2020

JSW Steel output grows 5 per cent in August to 13.17 lakh tonnes

During the month under review, the production of flat rolled products grew by 15 per cent year-on-year to 9.80 LT from 8.51 LT in August 2019.

published on : 9th September 2020

Hit by iron ore crisis, secondary steel sector industries send SOS to Odisha government

Closure of 21 mines due to lapse of leases and non-operation of auctioned mines has resulted in the iron ore crisis in the State.

published on : 8th September 2020

'Hospitalise officer in distress', Steel and Mines department tells Bhubaneswar civic body

An assistant section officer tested positive on August 31 but is awaiting transfer to a COVID-19 facility.

published on : 2nd September 2020

National Mineral Development Corporation board approves demerger of Chhattisgarh steel plant

Earlier, the Chhattisgarh government had urged the Centre not to privatise the greenfield steel plant that is coming up in Bastar district.

published on : 29th August 2020

India's steel demand expected to contract in FY21: Fitch Ratings

However, the ratings agency said that volumes should continue to improve over the next few quarters.

published on : 21st August 2020

Chhattisgarh seeks Rs 1100 crore from Centre for building steel bridges

Bhupesh Baghel in his letter said there was a need to improve the living standards of people residing there, creating employment opportunities and economic welfare.

published on : 20th August 2020
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