Home » captive mines

Tag: captive mines

Post
SAIL takes steps to complete modernisation project early

SAIL takes steps to complete modernisation project early

Steel Authority of India (SAIL) is taking steps to ensure that the modernisation work at its IISCO Steel Plant is completed at the earliest. As part of this, CS Verma, Chairman of the firm assigned
separate jobs to different teams formed for this purpose. The company formed different teams and broke all critic

Post
Coking coal import of SAIL set to rise

Coking coal import of SAIL set to rise

The current expansion projects, once completed, would result in a 30 per cent growth in the import of coking coal by Steel Authority of India (SAIL) to feed its increased production capacity. In the past two fiscal years, the firm's coking coal shipments remained largely unchanged at around 10 million tonne. The steelmaker imports three-quarters of its coking coal

Post
SAIL’s expansion project faces delay

SAIL’s expansion project faces delay

The Parliamentary Standing Committee on Coal and Steel expressed concern about the lack of progress in the production performance of the Steel Authority of India (SAIL). During each of the last four years, the firm's production remained stagnant around 14.5 mn t of hot metal, 13.6 mn t of crude steel, 12.8 mn t of saleable stee

Post
SAIL undertakes expansion project

SAIL undertakes expansion project

The Minister of Steel, Beni Prasad Verma informed that the Steel Authority of India Limited (SAIL) has undertaken modernisation and expansion plan at its five integrated steel plants Bhilai Steel Plant (BSP) at Bhilai, Bokaro Steel Plant (BSL) at Bokaro, Rourkela Steel Plant (RSP) at Rourkela, Durgapur Steel Plant (DSP) at Durgapur and IISCO Steel Plant (ISP) at Burnpur and Spe

Post
SAIL to focus on upgrading captive mines

SAIL to focus on upgrading captive mines

In order to meet the increase in iron ore requirement following the expansion of its steel plant, Steel Authority of India (SAIL) is in the process of upgrading its captive ore mines. The company plans to raise its iron ore production to 39 million tonne per annum in line with its mega expansion plan of producing over 23.6 million tonne per annu

Post
SAIL to focus on research and development

SAIL to focus on research and development

State-run Steel Authority of India (SAIL) plans to focus on research and development and technological upgradation in the areas of raw materials and product development in order to increase its efficiency. As part of this plan, the leading steel maker in the country decided to raise its R&D spending to 1 per cent of gross sales every year from the current level of arou

Post
SAIL’s special product output rises 4% in FY13

SAIL’s special product output rises 4% in FY13

Steel Authority of India (SAIL) produced over 5 million tonne (mn t) of special steel products designed for specific end-use in 2012-13. This is a growth of 4 percent over the last fiscal. SAIL's Bokaro unit introduced ultra high strength hot rolled and cold rolled (CR) steel, for use in auto body components in

Post
SAIL imports 75% of coking coal requirement

SAIL imports 75% of coking coal requirement

Steel Authority of India (SAIL) imports 75 percent of its requirement of coking coal from foreign countries and the rest through captive mines and domestic sources. This information was given by the Minister of State for Commerce & Industry, D Purandeswari in a written reply in the Lok Sabha. The company has to rely on imports for substantial consumption of coking coal because of the limited availa

Post
SAIL, Posco in talks over steel plant project

SAIL, Posco in talks over steel plant project

State-run firm Steel Authority of India (SAIL) has been in discussion with POSCO for setting up a FINEX technology based steel plant of around 3 Million Tonne Per Annum (mn tpa) hot metal capacity as a joint venture at Bokaro Steel Plant. It is estimated that around 1,100 acre land would be required for this purpose. SAIL and POSCO have not reached an agreement on the share holding structure of the j