Mar 04, 2014 at 20:19 | Source: PTI
The country's largest iron ore producer reviews prices of the raw material for steel-making every month, mainly considering two factors - the domestic demand and international prices.
Mar 01, 2014 at 13:10 | Source: Moneycontrol.com
Tata Metaliks has submitted a copy of the Court Convened Meeting of the equity shareholders of the company scheduled to be held on March 25, 2014.
Feb 27, 2014 at 15:44 | Source: Moneycontrol.com
Alliance Integrated Metaliks has bought back 38,50,000 equity shares, utilizing a total sum of Rs 60.72 crore, which represent 92.23 percent of the Maximum buyback Size. The Company has extinguished 36,31,368 equity shares till date and in the process of extinguishing of the remaining 2,18,632 equity shares bought back.
Feb 26, 2014 at 19:11 | Source: CNBC-TV18
The government has initiated the process of auctioning coal blocks to private companies, by inviting applications for the auction. The blocks will be awarded to steel, sponge iron and cement companies on a competitive bid basis. CNBC-TV18s Anshu Sharma tells us more about the auction process.
Feb 25, 2014 at 21:16 | Source: PTI
Other producers such as SAIL, Essar Steel, Rashtriya Ispat Nigam and Jindal Steel and Power are also expected to hike prices in the coming days due to rise in input costs, increasing international rates of steel and demand uptick in the current quarter, industry sources said.
Feb 25, 2014 at 18:16 | Source: PTI
NMDC's average realisation in the first three quarters of the current fiscal stood at Rs 3,823 per tonne against Rs 4,019 per tonne in the entire last fiscal, company documents showed. In the previous two fiscals, the average realization was even better.
Feb 25, 2014 at 16:36 | Source: PTI
Pellets are value-added products of leftover material or low grade iron ore and are used in steel-making. In recent times, they have emerged as a major product for iron and steel industry in the country due to scarcity of ore in some regions following mining bans in Karnataka and Goa.
Feb 24, 2014 at 21:48 | Source: Moneycontrol.com
Jindal Stainless has informed that Mr. James Alistair Kirkland Cochrane, Director, has on account of his growing commitment and focus on the iron ore sector, tendered his resignation from the Board of Directors of the Company with effect from February 24, 2014.
Feb 23, 2014 at 12:43 | Source: PTI
The Coal Ministry has asked Steel Authority of India Ltd to deposit a bank guarantee of Rs 57 lakh for delaying development of a mine in Jharkhand allocated to the company for captive use.
Feb 21, 2014 at 14:57 | Source: CNBC-TV18
For Jindal Power (JPL), Ravi Uppal expects the total capacity to go about 2,800 MW, after the commissioning of three units of 600 Mega Watts.