Essar Steel to refinance Rs 20,000-crore debt with $ loan by SeptemberEssar Steel is planning to refinance its entire domestic debt of around Rs 20,000 crore into dollar terms by September.
Rail Budget 2013: India Inc awaits clarity on PPP opportunities in Railways in 12th PlanThe industry has expressed concern over the 5% hike in freight rate, arguing that the shock of the dynamic fuel surcharge will add to the g...
- NMDC's move to increase iron ore prices irks steelmakers
The iron ore miner increased contract prices for the July-September quarter by 8-13%, cashing in on an artificial shortage created by regul...
Bhushan Power & Steel, Essar Steel & others forced to import iron ore due to falling domestic supplyFaced with dwindling supplies and a country-wide clampdown on ore production due to illegal mining, steel companies are doing the unthinkab...
- Essar Steel to commence production from Odisha plant this week
Essar Steel is all set to begin production from its 12-million tonnes per annum iron ore pellet plant in Odisha in the next 2-3 days, a top...
- Essar Steel hopes to meet its iron ore needs from Odisha project
Ruias-promoted Essar needs uninterrupted supply of iron ore to feed its 10-million tonne (mt) integrated steel plant at Hazira in Gujarat.