Top Section
Explore Business Standard
Don’t miss the latest developments in business and finance.
S&P Global's Manufacturing Purchasing Managers' Index dips slightly to 56.2 in August from 56.4 in July
Lenders, shareholders meeting to demerge steel company on Tuesday
Azovstal is part of the Metinvest group, which is controlled by Ukraine's richest man, Rinat Akhmetov
Automobile companies use half of their workforce and ensure social distancing as lockdown is eased
To provide more relief, Union Minister Dharmendra Pradhan said the government is bringing changes to the Electricity Act which will address concerns related to power tariffs
Want G2 exploration norms relaxed; 75% of India's steel producers don't have captive iron ore blocks as opposed to China where 70% have captive blocks
After Essar Steel, JSPL, JSW plan slurry pipelines for their Odisha project
The Union steel ministry is confident that the Kalinganagar industrIal complex in Odisha can contribute 20 per cent of the country's targeted 300 million tonne steel capacity by 2030 as prescribed in the National Steel Policy -2017."Odisha is blessed with all kind of minerals. There is scope for a steel hub here. We are expecting atleast 20 percent of the new capacity to meet the targeted 300 million tonne steel output capacity by 2030-31 will come from Kalinganagar", said Union steel minister Chaudhary Birender Singh, who was here to attend the Steel Consumers Council meeting here.Kalinganagar industrial complex cirrently houses steel behemoths like Tata Steel, Visa Steel, Mesco steel and Jindal Stainless Ltd.It may be noted that National Investment & Manufacturing Zone (NIMZ) is also being set up at Kalinganagar. The NIMZ is expected to attract investment of Rs 1.5 lakh crore and generate employment for 4,50,000 peopleafter its completion. The manufacturing zone is expected to .
The linkage prices are almost on par with the iron ore sold by OMC through e-auctions