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SAIL’s crosses a new milestone with new Bhillai furnace, hot metal capacity rises to 7.5 million tonne

commodities, Metals, News, Steel /

[av_heading heading=’Steel Authority of IndiaBSE -0.17 %‘s Bhilai Steel Plant crossed a significant milestone on Tuesday with the lighting up of the stoves of the plant’s new furnace which is slated to take its post modernisation hot metal capacity to 7.5 million tonne’ tag=’h3′ style=’blockquote modern-quote’ size=” subheading_active=’subheading_below’ subheading_size=’15’ padding=’1′ color=” custom_font=”][/av_heading] [av_textblock size=” font_color=” […]

SAIL’s crosses a new milestone with new Bhillai furnace, hot metal capacity rises to 7.5 million tonne Read More »

Steel Secretary wants to cap iron ore prices that ‘move like Sensex’; miners cry foul

Metals, Steel /

[av_heading heading=’While steel secretary Aruna Sharma hinted at regulating iron-ore prices that “move like the Sensex” speaking to a TV channel, the producers of this key raw material for steel-makers have denounced the move as “bogus and foolish.” Given that miners lay hands on iron-ore reserves by bidding for them and assuming market-determined pricing, it

Steel Secretary wants to cap iron ore prices that ‘move like Sensex’; miners cry foul Read More »

JP Associations gets nod for cement business sale

Cement, commodities, News /

[av_heading heading=’India’s National Company Law Tribunal has approved Jaiprakesh (JP) Associates’ transfer of its cement plants to UltraTech Cement.’ tag=’h3′ style=’blockquote modern-quote’ size=” subheading_active=’subheading_below’ subheading_size=’15’ padding=’1′ color=” custom_font=”][/av_heading] [av_textblock size=” font_color=” color=”][/av_textblock] [av_hr class=’custom’ height=’50’ shadow=’no-shadow’ position=’center’ custom_border=’av-border-thin’ custom_width=’50px’ custom_border_color=” custom_margin_top=’1px’ custom_margin_bottom=’1px’ icon_select=’yes’ custom_icon_color=” icon=’ue811′ font=’entypo-fontello’] [av_textblock size=” font_color=” color=”] According to a company release

JP Associations gets nod for cement business sale Read More »