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Latest Articles in Metals and Mining
Court Rejects Plea Against Arcelormittal's Bid For Essar Steel
ArcelorMittal has been trying to enter India's steel market, which is dominated by local companies, for over a decade but bureaucratic hassles and land acquisition woes stifled its bids.
Read MoreJSW Steel To Increase Capacity Of Vijayanagar Plant After 2020
The Vijayanagar plant currently has a 12 million tonnes per annum (MTPA) capacity.
Read MoreJSW Cement Plans 8 Million Tonne Capacity In Eastern Region By 2023-24
The current cement making capacity in the region is about 4 million tonne -- 2.4 million tonne at Salboni in West Bengal and 1.5 million tonne at Odhisa under Shiva Cement -- taken over by JSW Cement in 2017.
Read MoreNCLAT Reserves Order On ArcelorMittal Takeover Of Essar Steel
Essar Steel has reported an Ebitda of around Rs 4,000 crore during the over 600 days of insolvency period.
Read MoreGoa Govt Mulls Tapping Iron Ore Mines Not Covered By SC Order
The resumption of mining was a major issue during the Lok Sabha polls in Goa which voted on April 23
Read MoreJSPL Bags Rs 665 Cr Rail Order From RVNL
JSPL has won an order from RVNL "to supply 89,042 tonnes of UIC 60 kg IRS T-12 880 grade 13 meter rails for its upcoming projects
Read MoreTata Steel Says Supports Logic Of Joint Venture With Thyssenkrupp
"We continue to engage in a constructive dialogue with the European Commission and believe our proposals address their concerns, and still very much support the industrial logic of the joint venture"
Read MoreSC To Hear Tomorrow Plea Of ArcelorMittal Against NCLAT Order On Essar Auction
Anil Aggrawal's Vedanta is a third qualified bidder for Essar Steel whose lenders have initiated insolvency proceedings for recovery of around Rs 49,000 crore dues
Read MoreGold At Rs 31,000 Amid Festive Buzz
Silver also advanced by Rs 50 to Rs 38,300 per kg due to increased offtake by industrial units and coin makers
Read MoreConfident Of Achieving The 2030 Targets: Steel Secretary Aruna Sharma
In an interview with BW Businessworld, Steel Secretary Aruna Sharma talks about the growth of the sector, increasing per capita consumption, dealing with NPAs in the sector, evolution of private players in the steel sector and the challenges the sector is facing due to the ongoing trade wars
Read MoreConsolidation & Innovation Will Create a Structurally Sound Indian Steel Industry
It is most likely that future competitive advantage for steel enterprises with sustained higher margins above the industry average will come through innovation in process, product and business models
Read MoreThyssenkrupp CEO Steps Down Days After Tata Steel Merger
In a move that came as a surprise, the company announced that Heinrich Hiesinger has asked the Supervisory Board of the company to end his mandate as Chief Executive Officer of Thyssenkrupp AG "in mutual agreement"
Read MoreNCLT Approves Tata Steel Bid For Bhushan Steel
The bench comprising NCLT President Justice M M Kumar and S K Mohapatra also dismissed the plea of engineering and construction major L&T seeking higher priority in recovery of loan and imposed a fine of Rs 1 lakh
Read MoreGold Falls On Global Cues, Slack Demand
Silver also fell by Rs 250 to Rs 40,250 per kg due to reduced offtake by industrial units and coin makers
Read MoreIndia Aims To Split GAIL Within A Year To Open Up Gas Sector
GAIL already keeps separate accounts for its gas pipeline and marketing businesses, making it easier to split them into two entities before a change of ownership
Read More