The production of saleable steel by the Durgapur Steel Plant of SAIL rose 5 per cent in January from the year-ago month. The company also witnessed expansion in output across major categories such as hot metal, crude steel, continuous casting, blend mix and sinter during the month. The company produced 121,150 tonne of special steel and
Category: Materials
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DSP posts 5% growth in steel output
The production of saleable steel by the Durgapur Steel Plant of SAIL rose 5 per cent in January from the year-ago month. The company also witnessed expansion in output across major categories such as hot metal, crude steel, continuous casting, blend mix and sinter during the month. The company produced 121,150 tonne of special steel and
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Net profit of JSW Steel declines 18%
During October-December 2012, leading steel maker JSW Steel posted 18 per cent decline in its net profit at Rs 137 crore (Rs 168 crore) owing to lower capacity utilisation. Steel output was up 14 per cent at 2.17 million tonne. The capacity utilisation was at 78 per cent. The com
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Net profit of JSW Steel declines 18%
During October-December 2012, leading steel maker JSW Steel posted 18 per cent decline in its net profit at Rs 137 crore (Rs 168 crore) owing to lower capacity utilisation. Steel output was up 14 per cent at 2.17 million tonne. The capacity utilisation was at 78 per cent. The com
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Net profit of JSW Steel declines 18%
During October-December 2012, leading steel maker JSW Steel posted 18 per cent decline in its net profit at Rs 137 crore (Rs 168 crore) owing to lower capacity utilisation. Steel output was up 14 per cent at 2.17 million tonne. The capacity utilisation was at 78 per cent. The com
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OMC rejects plea of local steel firms on lower price
Despite getting demands from steel makers in the state, Odisha Mining Corporation (OMC) does not want to sell iron ore to them at a lower rate. OMC does not want to get into any controversy on the lines of the NMDC case by selling iron ore at a concessional rate to steel makers in Odisha
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OMC rejects plea of local steel firms on lower price
Despite getting demands from steel makers in the state, Odisha Mining Corporation (OMC) does not want to sell iron ore to them at a lower rate. OMC does not want to get into any controversy on the lines of the NMDC case by selling iron ore at a concessional rate to steel makers in Odisha
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OMC rejects plea of local steel firms on lower price
Despite getting demands from steel makers in the state, Odisha Mining Corporation (OMC) does not want to sell iron ore to them at a lower rate. OMC does not want to get into any controversy on the lines of the NMDC case by selling iron ore at a concessional rate to steel makers in Odisha
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RINL mulls Rs 20 bn investment in FY14
Agency reports suggest that Rashtriya Ispat Nigam (RINL) would invest Rs 2,000 crore in 2013-14 if it secures a captive iron ore mine in Andhra Pradesh. If it fails to secure a captive mine in Andhra Pradesh, the corporate entity of Vizag Steel would invest Rs 1,200 crore on capital expenditure for 2013-14, agency reports quoted a top official of the firm as sayin
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Merchant bankers await earnings results of SAIL
Agency reports indicate that the merchant bankers appointed for disinvestment in Steel Authority of India (SAIL) would get a clear idea on the financial health of the firm after it announces its December 2012 quarter results in a few days. The government selected merchant bankers for SAIL share sale, including SBI Caps, Kotak Mahindra and Deut