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Supporting online activities

Supporting online activities

B Satish Kumar, the Managing Director of Steel Exchange India, is a B Tech from Regional Engineering College, Kurukshetra. He has done his Masters in Business Administration from the University of Queensland, Australia

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SEIL hopes to borrow funds for pellet plant project soon

SEIL hopes to borrow funds for pellet plant project soon

B Satish Kumar, Managing Director of Steel Exchange India (Seil) expressed hope that the firm may achieve financial closure for its proposed Rs 300-crore pellet plant by three-four months. He said the company is awaiting environment clearance for the proposed 600,000 tonne capacity unit which would come up at its existing steel plant and would help it cut production cost

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Steel Exchange gets gas supply from ONGC

Steel Exchange gets gas supply from ONGC

Steel Exchange India is learnt to be getting gas from the ONGC's isolated fields in the KG Basin under direct marketing. The upstream oil major is said to be supplying the gas at the rate of 10,000 standard cubic metre per day. The fist of these fields at Vygreswaram in East Godavari dist

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Net profit of Steel Exchange India rises

Net profit of Steel Exchange India rises

The net profit of steel maker and trader Steel Exchange India rose to Rs 5.85 crore during October-December 2012 from Rs 3.86 crore in the same quarter of previous year. But sales of the firm contracted slightly to Rs 304.89 crore during the quarter, from Rs 355.22 crore in the year-ago period. The company expects to save costs considerably with the recent lau

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Steel Exchange commissions 50 mw plant

Steel Exchange commissions 50 mw plant

In a communication to stock exchange, Steel Exchange India has commissioned a 50 mw boiler and turbines at its Captive Power Plant at Kothavalasa in Andhra Pradesh. This is part of the 60 mw captive power plant being set up by Simhadri Power, a special purpose vehicle (SPV) prom