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SPONGE IRON PLANTS
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...- Coal linkage auctions: Coal India steps up supply to non-regulated sector, offers record volumesCoal India Limited is introducing new measures to increase coal supply for non-regulated sector consumers. This aims to reduce import depen...
- Derek O'Brien cites Tata investments in Bengal after state BJP chief vows to 'bring back' the firmTMC leaders have detailed the Tata Group's extensive operations and growth in West Bengal over the past 15 years. Companies like Tata Consu...
- CIL's April coal auction quantity drops 6% vs March to 30.5 MTCoal India Limited offered 30.5 million tonnes of coal in April auctions. This marks a slight decrease from March. Global energy prices are...
- Lloyds Metals and Energy commissions 360 KTPA sponge iron plant at Ghugus in MaharashtraLloyds Metals and Energy Limited commissioned its 360 KTPA sponge iron plant in Ghugus, Maharashtra, within 18 months of receiving environm...
- Growth of dirtiest steelmaking tests India’s carbon missionIndia's demand for steel has surged due to extensive infrastructure projects, leading to the rapid construction of small, polluting sponge ...
- India's sponge iron producers seek duties to curb iron ore exportsIndian sponge iron producers push for export duties on low-grade iron ore to counter shortages. With 336 plants and 50M tons production, th...
- Desperate for coal, India's metal makers hunt for fuel overseasJindal Steel & Power Ltd., which is running its sponge iron plants at 40% capacity as it doesn’t have enough of the fossil fuel, has contra...
- Standard Chartered Bank offloads entire stake in Orissa Sponge IronThe sale which happened through off-market transactions took place on Wednesday.
- Goa sponge iron producers ask government to ensure raw material supplyIron ore is the key raw material used to produce sponge iron which is used in producing semi-finished steel items, ingots and billets.
- Green panel rejects Tata Sponge's plea related to Odisha plantIn its proposal, the company said that the new power unit would be set in over 14 acres within the existing sponge iron plant at Bileipada ...
- Coal Ministry issues show cause notice to Monnet IspatThe government today issued show cause notice to Monnet Ispat & Energy Ltd for allegedly using coal meant for Raipur sponge iron plant at a...
- Sponge iron industry needs quick actions for survivalPresently this important segment of India’s steel industry is passing through its worst crisis and urgent steps are needed for its survival.
- Orissa acts tough on erring sponge iron units, asks Bhusans to shut down 10 unitsOrissa State Pollution Control Board [OSPCB] has come hard on erring industrial units not complying with various environment related acts a...
- Orissa acts on defaulting sponge units; 90% steel units closedOrissa on Monday served partial closure notice to 26 sponge iron plants in a bid to tighten its noose against "polluting" industries in the...
- JSPL to buy Oman's Shadeed IronJindal Steel and Power (JSPL) is close to acquiring Oman-based Shadeed Iron & Steel for nearly $500 million, three persons with direct know...
- Grasim sells sponge iron biz to Welspun Power for Rs 1,030 crThe SPV would use the funds inducted by Welspun to make the payment to Grasim.
- Coal linkage lined up for plantsIn a boost to cement, captive power and sponge iron plants, the government has decided to allot 92.38 million tonnes of coal to ensure long...
- Pollution laws to hit Goa’s sponge iron industryFor the sponge iron industry in India Goa was virgin territory that was relatively unexplored.
- Chhattisgarh says no to plant by NMDCThe Chhattisgarh government has rejected a proposal by NMDC to set up a sponge iron plant and a 10-MW power plant in the Bastar region, say...
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