Tata Steel to bid for iron ore mines ahead of expiry of leases in 2030

Premium T V Narendran, managing director and chief executive officer, Tata Steel Tata Steel has built an iron ore chest of nearly 600 million tonnes (mt) and will look out for more as it prepares for life beyond 2030 when its legacy captive mines come up for auction. The lease for four of… Continue reading Tata Steel to bid for iron ore mines ahead of expiry of leases in 2030

NMDC crossed 40 MT production level in FY23: Steel Minister Scindia

Union Steel Minister Jyotiraditya Scindia State-owned NMDC has crossed 40 million tonnes (MT) production level in financial year (FY) 2022-23, Union Steel Minister Jyotiraditya Scindia said on Thursday. The minister termed the production level achieved by NMDC as ‘a record-breaking’ development. “NMDC has achieved a record-breaking production for the period up to… Continue reading NMDC crossed 40 MT production level in FY23: Steel Minister Scindia

Govt committed to addressing concerns of stainless steel industry: Minister

The central government is committed to addressing concerns of the stainless steel industry, Union Minister of State for Steel Faggan Singh Kulaste said on Thursday. The stainless steel industry has urged the government to address issues surrounding the export-import regulations to boost the sector’s growth. “The central government is committed to looking… Continue reading Govt committed to addressing concerns of stainless steel industry: Minister

Jindal Stainless seeks govt intervention to check surging steel imports

According to official data, the Share of China, Japan, Vietnam, Saudi Arabia, Russia, Nepal and the USA increased in total steel imports of India in June 2023 as compared to June 2022 Stainless steel maker Jindal Stainless Ltd (JSL) has sought the government’s intervention to check increasing imports of steel products from a select… Continue reading Jindal Stainless seeks govt intervention to check surging steel imports