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SPONGE IRON SECTOR
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...
Domestic sponge iron sector might report negative growth due to coal crisis: Industry body SIMASponge Iron Manufacturers Association (SIMA) Executive Director Deependra Kashiva said India is expected to report a 60 per cent quarter-on...
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.
- Buy Tata Sponge Iron, target Rs 1,054: Sameet Chavan
Buy Tata Sponge Iron Ltd. at a price target of Rs 1054.0 and a stop loss at Rs 947 from entry point.
- Buy Tata Sponge Iron, target Rs 1,050: Kunal Bothra
Buy Tata Sponge Iron at a price target of Rs 1,050 and a stop loss at Rs 940 from entry point.
JSPL secures 0.5 mtpa coal supply for sponge iron unitsThe company, in August 2016, had secured long-term coal linkage of 1.18 mt per annum (mtpa) for power plants in Chhattisgarh.
CIL to start 2nd phase of coal linkage auction this month"In the non-regulated sector, the auction of coal linkages will be for sponge iron, cement, steel and others," the official said.
Auction of coal linkages for cement sector by month-endCIL decided to auction coal linkages for an annual contracted quantity of approximately 23.25 MTPA for the non-regulated sector.
Auction of coal linkages for sponge iron sector on TuesdayThe phase I of tranche 1 would be for 'Sponge Iron' sub-sector, approximately 2 MTPA has been allocated for sponge iron sub-sector under Ph...
- Sponge iron industry needs quick actions for survival
Presently this important segment of India’s steel industry is passing through its worst crisis and urgent steps are needed for its survival.
Budget 2013: Sponge iron makers ignored againThe demands of the domestic sponge iron producers, a significant segment of the Indian steel industry has been ignored in the Union Budget ...
- Orissa acts tough on erring sponge iron units, asks Bhusans to shut down 10 units
Orissa 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 closed
Orissa on Monday served partial closure notice to 26 sponge iron plants in a bid to tighten its noose against "polluting" industries in the...
- Steel cos may get a share of KG gas
Govt plans to allot natural gas from Reliance Industries’s Krishna Godavari (KG) basin to steel companies affected by the shortage of the c...
- Sponge iron manufacturers to enhance capacity
The government on Thursday asked sponge iron manufacturers to be more competitive and contribute to the growth of the steel sector by enhan...
- Pollution laws to hit Goa’s sponge iron industry
For the sponge iron industry in India Goa was virgin territory that was relatively unexplored.