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NMDC gets response from buyers for steel project

NMDC gets response from buyers for steel project

Media reports indicate that public sector iron ore miner NMDC received encouraging response from steel firms for the expression of interest (EOI) floated by it to sell 50 percent stake in an upcoming project. The company is setting up a 3 million tonne per annum (mn tpa) steel plant at Nagarnar in Chhattisgarh with an investment of Rs 16,000 crore. Work on the proj

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NMDC seeks equity partner for 3 mn t steel project

NMDC seeks equity partner for 3 mn t steel project

Public sector iron ore miner NMDC, which plans to set up a 3 million tonne (mn t) steel plant at Nagarnar in Chhattisgarh, is looking out for an equity partner for the project. The project reportedly faces delay because NMDC whose core competency lies in iron ore mining could not proceed owing to unavailability of a steel maker as a part

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NMDC seeks equity partner for 3 mn t steel project

NMDC seeks equity partner for 3 mn t steel project

Public sector iron ore miner NMDC, which plans to set up a 3 million tonne (mn t) steel plant at Nagarnar in Chhattisgarh, is looking out for an equity partner for the project. The project reportedly faces delay because NMDC whose core competency lies in iron ore mining could not proceed owing to unavailability of a steel maker as a part

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Tata Steel expects phase I of Kalinganagar project in 2014

Tata Steel expects phase I of Kalinganagar project in 2014

Anand Sen, Vice President, Tata Steel informed reporters that the Kalinganagar integrated greenfield steel plant would begin production in the second half of 2014. The 6 million tonne plant is being constructed in two phases of 3 mn t each, The first phase includes a 3 million tonne steel capacity unit and the common facili

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Ministry takes steps for technological progress

Ministry takes steps for technological progress

Union steel ministry is taking various steps for the technological development of iron and steel sector and as part of the efforts, the ministry started a new programme "Scheme for Promotion of R&D in Iron and Steel Sector" during the 11th Five Year Plan with an allocation of Rs 118 crore.

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Ministry takes steps for technological progress

Ministry takes steps for technological progress

Union steel ministry is taking various steps for the technological development of iron and steel sector and as part of the efforts, the ministry started a new programme "Scheme for Promotion of R&D in Iron and Steel Sector" during the 11th Five Year Plan with an allocation of Rs 118 crore.

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Tata Steel expects phase I of steel project by March 2014

Tata Steel expects phase I of steel project by March 2014

Tata Steel expects to operationalise three million tonne steel plant in the first phase of its six million tonne greenfield steel project at Kalinga Nagar, by March 2014. This is despite the fact that the company has not been able to get raw material security for the project as allotments of mines are yet to come through. The project is co

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