Jan 03, 2018 03:01 PM IST
In an interview to CNBC-TV18, RK Goyal, MD of Kalyani Steels spoke about the latest happenings in his company and sector.
- Jul 06, 2017 02:37 PM IST
NMDC has slashed iron ore prices by Rs 200 per tonne for both lumps and fine. This after they had kept prices constant from April to June 2017, how does this impact steel companies. In an interview to CNBC-TV18, RK Goyal, MD of Kalyani Steel spoke about the latest happenings.
- Jan 11, 2017 12:07 PM IST
China shutting down medium frequency furnaces will only hit the global market including India only if it impacts the country‘s overall production, said RK Goyal, Managing Director of Kalyani Steels.
- Dec 29, 2016 12:00 PM IST
Demonetisation has had a severe impact, says RK Goyal, MD of Kalyani Steels.
- Aug 22, 2016 02:04 PM IST
In an interview with CNBC-TV18, RK Goyal, MD of Kalyani Steel said that operating in a highly turbulent market the company has tried to cash in on any opportunity that came its way. This approach has led to the stock price surge and expansion in the company's margins, he said.
- Jun 16, 2016 03:13 PM IST
The company doesn't have MIP on its products, hence the profitability and prices were not affected in the last fiscal year, however, the increased raw material costs did affect the margins, says RK Goyal, the MD of Kalyani Steel.
- Mar 09, 2016 03:15 PM IST
In an interview with CNBC-TV18, he said that there is no big 'uptick' in steel demand and expects iron ore prices to go up by Rs 500 per tonne, which will be an added burden on the industry.
- Sep 03, 2015 12:52 PM IST
R K Goyal, Managing Director, Kalyani Steels, tells CNBC-TV18 the price cut by NMDC is a step in the right direction, and that his company's capacity utilisation currently is 70 percent
- Aug 11, 2015 11:47 AM IST
The People's Bank of China allowed the yuan to depreciate almost 2 percent against the US dollar to levels last seen three years ago, sending a shock through currency markets.
- Jul 08, 2015 12:11 PM IST
Raising concerns over the price cut, Ankit Miglani, Deputy Managing Director, Uttam Galva says â€œevery month prices will correct downward in near future until the global prices stop fallingâ€.
- Jul 06, 2015 01:28 PM IST
Kalyani steel which buys lump iron ore from NMDC sees an impact of Rs 70-100 per tonne on their total manufacturing costs, says MD, RK Goyal.
- May 13, 2015 02:35 PM IST
The steel demand has more or less been sluggish and there are no positive signs on that front, so FY16 would not be such a great year, said RK Goyal, MD, Kalyani Steels.
- Apr 09, 2015 01:57 PM IST
Global steel prices have corrected 28 percent over the past 6 months, while domestic steel prices are down 7-14 percent. In an interview to CNBC-TV18, RK Goyal, MD, Kalyani Steel, discusses on the outlook for steel prices going ahead.
- Mar 02, 2015 01:18 PM IST
The company may look to import iron ore if global prices correct.
- Jan 22, 2015 01:35 PM IST
In an interview with CNBC-TV18, Kalyani Steel MD RK Goyal talked about the steel industry‘s demand that the government hike import duty.
- Jan 06, 2015 10:37 AM IST
The Union Cabinet has approved changes to the Mines and Minerals Act. The proposed changes were to make auction the preferred mode to sell important minerals.
- Mar 12, 2014 02:00 PM IST
Goyal said in India, particularly in Karnataka, iron ore is sold through e-auction. Since the availability is not increasing, the scenario will continue to be the same.
- Feb 04, 2014 03:59 PM IST
Complaints have emerged against Sesa Goa and other private miners forming a cartel and trying to raise base prices of ore in e-auction. Sesa Goa had set the floor price of 61-62 percent iron ore at Rs 5000 per tonne.
- Nov 28, 2013 03:59 PM IST
RK Goyal, managing director, Kalyani Steels says out of the 15-17 mines opened in Karnataka only 13-14 million tonne of iron ore is produced.
- May 27, 2013 01:22 PM IST
Steel sector in Karnataka is seen facing capacity expasion hurdles as the iron ore availability in the state would continue to remain insufficient.
- Apr 18, 2013 01:56 PM IST
Hailing Supreme Court's (SC) decision of lifting mining ban in Karnataka, RK Goyal, managing director, Kalyani Steel said this move will give them access to more iron ore and will boost their operating capacity.
- Apr 09, 2013 01:38 PM IST
The state-owned iron ore miner NMDC may be forced to cut the iron ore prices in auction going ahead on account of low response from steelmakers, R K Goyal
- Nov 19, 2012 03:11 PM IST
In an interview to CNBC-TV18, RK Goyal, managing director, Kalyani Steel explains how the steel industry is suffering due to the lack of iron ore. He says a catch-22 situation exists in the industry.
- Oct 04, 2012 01:07 PM IST
RK Goyal, MD of Kalyani Steel said the R&R plans are currently being implemented for category-A mines. Post regulatory clearances ore from the category-A mines are going to flow into the business, he added. He also expects 4.5 million tonne of ore to come from category-A mines in the next 12 months.
- Apr 16, 2012 05:48 PM IST
RK Goyal, managing director , Kalyani Steel, told CNBC-TV18 that the Supreme Court‘s in-principle acceptance of the CEC report was a positive sign that the restoration and rehabilitation plan at mines could be implemented.