The tapering demand from sectors such as power, infrastructure and real estate affected the demand for steel.
Category: Materials
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We plan to change the face of the Indian EPC marketplace
We have built up the kind of expertise that doesn't exist with anyone else in India. We are in the unique position where our sister companies have placed large-scale orders (say, for a complete steel plant) for projects, with us.
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We plan to change the face of the Indian EPC marketplace
We have built up the kind of expertise that doesn't exist with anyone else in India. We are in the unique position where our sister companies have placed large-scale orders (say, for a complete steel plant) for projects, with us.
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DMIC to push up industrial development
The proposed Delhi Mumbai Industrial Corridor (DMIC) has increased the potential of industrial development.
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Independent monitoring has improved ground action
Karnataka is poised to be the fourth most urbanised state. Shambhu Dayal Meena, Secretary, Municipalities & UDAs, Government of Karnataka, discusses with Shashidhar Nanjundaiah how the state will meet new challenges in urbanisation.
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Steeled for Success
In 2010, India was the world's fifth largest producer of crude steel, with domestic production growing at a rate of 9.5 per cent between 2000 and 2010. Even in 2010, the steel sector witnessed steady growth and exceeded the pre-crisis level.
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Essar posts a record
Essar Steel announced that it had achieved its highest crude steel production in March this year at 3.8 lakh tonne.
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Ultra mega steel projects on anvil
The Ministry of Steel is planning to set up ultra mega steel plants (UMSPs) on fast track in mineral-rich states.
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RINL plans Rs 15k cr steel plant in K'taka
Rashtriya Ispat Nigam (RINL)is planning to form a joint venture with the Karnataka government to set up a 3 mt steel plant in the state at an investment of around Rs 15,000 crore.
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Orissa SLSWCA clears projects worth Rs 1,200 cr
The Orissa State Level Single Window Clearance Authority (SLSWCA) cleared four new investment proposals worth Rs 1,215 crore.