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NMDC STEEL PROJECTS
Time to adopt a tactical perspective? 6 metal stocks, 4 with an upside potential of up to 14%In metal stocks, ‘buy, forget, and return after five years’ is not the best strategy to adopt. The sector is cyclical, global, China- and t...
Ahead of Market: 10 things that will decide stock market action on WednesdayIndian benchmark indices ended higher after a volatile session, with late buying in heavyweight IT stocks lifting sentiment. Sensex gained ...
NMDC not considering investment in new steel projects, says CMD Sumit DebNMDC looks to increase its iron ore output to 100 MT by 2030 to support the country's ambitious steel production programme, the CMD Sumit D...
NMDC moves a step closer to commissioning Coke Oven BatteryThe charging of the Coal Handling System gains significance because the three million tonne per annum (mtpa) capacity Nagarnar Steel Plant ...
NMDC to start building railway line for Nagarnar steel plantRailway siding project is a critical component of the steel plant to bring in critical raw materials such as iron ore, coking coal, for pro...
Government fast-tracks setting up basic infra for $40 bn steel projects"It has now asked SAIL to develop the special purpose vehicle (SPV) in Chattisgarh, and RINL the Odisha SPV. NMDC would do in Karnataka and...
Steel PSUs sign pact to set up Rs 3,500 crore slurry pipelineThe JV will offer finished products to KIOCL, RINL and NMDC as per their shareholding, and the parties can use them as they deem it fit lat...
EAC may consider NMDC's 2 projects in Chhattisgarh next weekThe two projects are vital raw material link to company's steel plant in the state, through which NMDC is venturing into the steel sector.
SAIL, RINL evince interest to partner NMDC for steel projectTwo state-owned steel makers -SAIL and RINL- have evinced interest to be NMDC's joint venture partner in the Rs 15,525-cr proposed steel pr...
- NMDC to invite new EOI with more stake for Chhattisgarh steel project
After failing to recruit global biggies with 49 % equity offer in NMDC, it will soon invite a new EOI's, dangling the carrot of more stake.
- Two firms show interest in NMDC's Rs 15,000 crore steel project
NMDC has received expression of interest from 2 firms as joint venture partner for the state-run Rs 15,525 cr Chhattisgarh steel project.
- JSPL eyes majority stake in NMDC's upcoming Rs 15,000 crore steel plant
NMDC’s foray into steelmaking by building a steel plant in the Maoist-infested, but mineral-rich region of Bastar, Chhattisgarh, was led by...
- NMDC awards PMC job for Chhattisgarh plant to Mecon
Iron ore miner NMDC today said it has awarded the project and construction management contract for its Rs 15,525-crore Chhattisgarh steel p...
- NMDC, Severstal sign Implementation Protocol on JV steel plant
State-owned NMDC and Russia's second-biggest steel-maker Severstal have signed an Implementation Protocol for a joint venture steel plant i...
- NMDC, Severstal JV for 3 mtpa steel plant by December
NMDC said it will ink by Dec an agreement with Russia's Severstal for a three mn tonne steel plant in Karnataka under 50:50 joint venture.
- NMDC, Severstal in JV for 5 mt steel plant in K'taka
NMDC, country's largest miner, has inked a pact with Russian steel and mining major Severstal to set up a 5 million tonne per annum steel p...
- NMDC to set up Rs 25K cr proj in K'taka with Russia's Severstal
The country's biggest iron ore miner NMDC today said it will parter with Russia's largest steel maker Severstal for setting up a 5 million ...
- NMDC offers land, iron ore to Nippon for Rs 9.5K-cr JV project
State-owned NMDC is learnt to have offered Nippon Steel land and iron ore for setting up about Rs 9,500-crore project.
- NMDC, SAIL signs MoU to develop limestone unit in Himachal
By signing the MoU, both the companies will jointly look into various technical aspects to develop a three-million tonne per annum project.
- SAIL, RINL may detach from 4-mt steel venture with NMDC
At a time when consolidation is the name of the game, a steel joint venture is on the verge of coming unstuck.