The terminal loaded 1,65,000 MT of iron ore on M V Star Eleni vessel
Tag: steel industry
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Construction costs for Grade A warehousing increases 9.26% to 10.44%
As of Q1 2022, Mumbai, Kolkata saw the highest construction prices
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Odisha can revitalise its steel industry
Odisha has played a pivotal role in the emergence and growth of the steel industry in the country. Blessed with abundant iron ore, the state made rapid strides in steel. Besides iron ore (32.9 per cent of the country´s reserves), Odisha has abundant reserves of bauxite (59.95 per cent), chromite (98.4 per cent), coal (24.8 per cent) and manganese (67.6 per cent), which provide immense opportunities.
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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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Raw material security a challenge
While IndiaÂ’s infrastructure investment is likely to provide a boost to steel demand over the long term, there could be challenges to the raw material availability. Iron ore related uncertainties could be sorted out in the medium to long term,
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Regulatory measures do cause delay in commissioning of projects
Domestic iron ore scenario has recently improved and at present, iron ore is available. This is reflected in the softening of prices in the last few days, says CS Verma, Chairman, Steel Authority of India
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Pioneering in waste energy recovery
RINL, the corporate entity of Visakhapatnam Steel Plant is pioneering in recovery of waste energy to become self sufficient in power generation to meet its growing requirements and also to reduce its dependence on the state grid.
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Budget 2013 Reaction: HM Nerurkar, MD, Tata Steel
Given the global economic scenario, the Union Budget announced by the Finance Minister has made a great attempt to achieve inclusive growth and a sustainable economy. We cheer the thrust given to the infrastructure industry through investment allowance of 15% and various steps for mobilising funds for the growth of the industry.