Steel Minister

Four SAIL projects worth Rs 2,338 cr face delays, says Steel minister

Four projects of Steel Authority of India Ltd (SAIL) worth Rs 2,338 crore are facing delay due to reasons like delayed placement of orders and supply of materials/equipment, Parliament was informed on Monday. However, there is no cost overrun in these projects, Union steel minister Jyotiraditya M Scindia said in a reply to Rajya Sabha. As per the information provided by the minister, SAIL is executing a project of the modification in the washing circuit of CSW plant of Dalli mines at Rs 168 crore in Chhattisgarh and another project is installation of a new sinter plant with an investment of Rs 1,111 crore at its Bokaro Steel Plant in Jharkhand. SAIL is also rebuilding coke oven battery -2 (COB-2) along with augmenting coke handling and gas handling facility with an investment of about Rs 434 crore at its Rourkela Steel Plant in Odisha and rebuilding COB-7 & 8 at Rs 625 crore at Bhilai Steel Plant in Chhattisgarh, he said. "There is delay in projects...mainly on account of poor ...

Domestic steel prices inching up on rising cost, pick-up in demand

Currency depreciation of over 6% may have supported uptrend; industry players confident that prices have bottomed out

Next British PM to decide fate of Tata Steel UK's demand for subsidy

Tata Steel seeks 1.5 bn pounds subsidy to keep operations afloat

Steel Minister to meet investors in Dubai to attract investment

The weeklong event will highlight the expertise of the domestic steel sector and showcase an array of opportunities available in the sector, the Ministry of Steel said on Wednesday

NMDC Apr-Feb output jumps 26% to 37.18 MT; sales up 25.5%

In February 2022, the company saw its production growing 11.7 per cent to 4.31 MT from 3.86 MT in the same month last year

Steel consumption to rise due to govt programmes, schemes: Steel Minister

Union Steel Minister Ram Chandra Prasad Singh lauded the government and the people of Odisha for making big strides in development

Dharmendra Pradhan directs SAIL to draw action plan to enhance production

The minister said this while interacting with officials of SAIL's Bhilai Steel Plant (BSP) in Bhilai, Chhattisgarh, the PSU said in a statement

Steel minister okays iron ore supply to Andhra for greenfield steel project

NMDC to soon sign an MoU with Andhra govt for ore linkage; steel minister Pradhan hints at huge petroleum investments in state, say players want to park as much as Rs 2 trn in the east coast

India aims to touch double-digit exports in 2-3 years: Steel minister

Soon after it became the net exporter of steel, India plans to touch double digit exports of the commodity in the next 2-3 years, Steel Minister Chaudhary Birender Singh said today.The minister, while addressing the media on three-year achievements of Prime Minister Narendra Modi-led government, said that the country was aiming for double digit exports even as the government's continued thrust would be to increase steel consumption in the domestic market.As per an official the steel exports, currently 8.2 million tonnes are likely to be close to 10 million tonnes in three years time. Steel exports in 2016-17 more than doubled from 4 million tonnes in 2015-16 partly due to subdued domestic demand.During the same fiscal, imports were reduced by 37 per cent at 7.42 MT as a result of government initiatives, he said.Meanwhile, the minister said, India was headed towards becoming the second largest steel producer in the world as India added 16.5 million tonnes of crude steel capacity ...