Company clocks 36% YoY rise in volume sales to 1.40 million tonnes
Steel makers on Thursday expressed hope that the sector will achieve the target of 300 million tonne production by 2030, if certain impediments on raw materials, finance and logistics are addressed. "I am confident that India will achieve the aim by 2030. Domestic demand will grow... India will become exporters of steel," Steel Authority of India's Bhilai plant CEO Anirban Dasgupta said. He was speaking at a steel seminar on 'Roadmap for 300 Million Tonne Vision 2020' here. Shyam Steel Director Manish Beriwala, not undermining the potential of the steel sector, highlighted concerns about capital costs that is the "highest in India", and the need for funds at competitive rates. The country requires about Rs 13 lakh crore and 600 million tonne of raw material to meet the target, said Harvinder Singh, president and SBU head - Sales & Marketing, Jindal Steel & Power Ltd. Beriwala said the government should focus on inland waterways, as well as the National Mineral ...
SAIL chairman A K Chaudhary said this while replying to a question related to the progress in talks with ArcelorMittal for setting up a joint venture
Ind-Ra expects SAIL's gross debt to remain flat in FY20
The steel PSU had posted a standalone profit of Rs 553.69 crore in the second quarter of the previous fiscal
Weak realisations, rising imports, and inventories may weigh on earnings of steelmakers
Steel Authority of India Limited (SAIL), Bhilai Steel Plant is recruiting Operator cum Technicians, Attendants, Pharmacists, Fireman cum Fire Engine Drivers and others
Indian Railways had in 2018-19 procured 100,000 tonnes of rails from Jindal Steel & Power (JSPL), the first from the private sector in at least three decades
The move by the ministry through two separate notifications on September 16 is seen as an effort to reduce concerns regarding the expiry of mines.
The ministry of steel has stated that more than 162 mt of low-grade iron ore are available at mine heads in India
Low realisations, higher input costs and imports have added to worries
The last date to apply for SAIL Rourkela Recruitment 2019 is today
During the last financial year, SAIL supplied around 985,000 tonnes of rail worth Rs 5,900 crore
SAIL Chairman Anil Kumar Chaudhary has been discharged from the AIIMS Trauma Centre
Steel long products are used in infrastructure and construction segment, an area where the government is laying immense thrust to up investments
Candidates are advised to frequently visit the homepage of Steel Authority of India as the SAIL application process 2019 will end today
Red carpet treatment to Jindal invites ire of flagship SAIL plant's workers, some link it to likely privatisation of PSU behemoth's highest profit-making unit; BSP management downplays visit
Shortlisted bidders to be intimated on August 8; advisor SBI Caps says no debt taken for any of the units will be transferred
The steel ministry has held several rounds of discussions to facilitate manufacturing of high-grade steel in India with the help of foreign companies
In 2017-18, the company had produced 15 MT of crude steel