steel ministry

Steel ministry subsidy scheme for iron ore processing


March 26th, 2012 - 5:47 pm ICT by IANS
Kolkata, March 26 (IANS) The steel ministry would soon come out with an interest rate subsidy scheme for iron ore processing and introducing energy-efficient systems in secondary steel plants."Both the ... Read more...

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Rashtriya Ispat to invest Rs.42,000 crore in Andra Pradesh


January 16th, 2012 - 7:32 pm ICT by IANS
New Delhi, Jan 16 (IANS) State-run steel maker Rashtriya Ispat Nigam Limited (RINL) will invest Rs.42,000 crore to expand and modernise its Visakhapatnam facility and other projects in Andra Pradesh.The ... Read more...

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India’s iron ore export to China has colonial trade pattern: Official


November 18th, 2011 - 7:24 pm ICT by IANS
Miramar (Goa), Nov 18 (IANS) In a sharp indictment of the huge volumes of Indian iron ore being shipped to China without proper planning, a senior official of the central ... Read more...

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Crisis in Chhattisgarh’s mini steel plants


November 14th, 2011 - 2:19 pm ICT by IANS
Raipur, Nov 14 (IANS) Dozens of mini steel plants in mineral-rich Chhattisgarh Monday suspended production amid a raw material shortage and high power tariffs. The plant owners have sought the ... Read more...

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I am not in race for chief ministership: Steel minister Beni Prasad


October 21st, 2011 - 7:57 pm ICT by IANS
Lucknow, Oct 21 (IANS) Congress leader and union Steel Minister Beni Prasad Verma here Friday claimed he would not be in the race for becoming chief minister of Uttar Pradesh ... Read more...

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Mayawati regime not helping in new units: Steel minister


September 19th, 2011 - 5:40 pm ICT by IANS
Lucknow, Sep 19 (IANS) Accusing Uttar Pradesh's Mayawati government of not coordinating with the central government in undertaking developmental projects, Steel Minister Beni Prasad Verma here Monday alleged it ... Read more...

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Manmohan drops some, inducts some to better UPA image (Evening Lead)


July 12th, 2011 - 9:49 pm ICT by IANS
New Delhi, July 12 (IANS) Prime Minister Manmohan Singh Tuesday inducted eight new faces into his government, axed seven non-performers and juggled a few portfolios in a bid to ... Read more...

Posted in Politics |

New steel policy expected after six months


May 4th, 2011 - 10:24 pm ICT by IANS
Kolkata, May 4 (IANS) The Indian government is expected to come up with a new National Steel Policy after six months to meet the growing demand of steel, a government ... Read more...

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Congress sets up coordination panel in Himachal Pradesh


February 9th, 2011 - 12:18 am ICT by IANS
New Delhi, Feb 8 (IANS) Congress president Sonia Gandhi Tuesday set up a coordination committee for the party in Himachal Pradesh to bring greater vitality in the organisation ahead of next ... Read more...

Posted in Politics |

‘Posco can have majority stake in JV with SAIL’


September 20th, 2010 - 4:36 pm ICT by IANS
New Delhi, Sep 20 (IANS) The union government is not averse to Posco securing majority stake in the proposed Rs.12,000 crore joint venture between the South Korean steel giant and the state-run ... Read more...

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India’s steel production to reach 124 million tonnes by 2012: Virbhadra Singh


May 31st, 2010 - 8:34 pm ICT by ANI
New Delhi, May 31 (ANI): Union Minister of Steel Virbhadra Singh on Monday said India has set a target of 124 million tonnes of steel production by December 2012, adding that it ... Read more...

Posted in National |

SAIL fourth quarter net rises 40 percent


May 28th, 2010 - 4:39 pm ICT by IANS
Mumbai, May 28 (IANS) Steel Authority of India (SAIL) Friday reported a 40.37 percent rise in net profit at Rs.2,084.9 crore for the quarter ended March 31, 2010 over Rs.1,485.2 crore logged ... Read more...

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B.S Meena appointed heavy industries secretary


March 18th, 2010 - 6:28 pm ICT by IANS
New Delhi, March 18 (IANS) B.S. Meena was Thursday appointed secretary, department of of heavy industries. The appointments committee of the cabinet cleared Meena's name for the post at a ... Read more...

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Centre assures to meet steel demand in the country


December 10th, 2009 - 4:33 pm ICT by ANI
New Delhi, Dec 10 (ANI): Union Minister of State for Steel A Sai Pratap on Thursday said that steel demand in the country is being met both through domestic production and imports."The ... Read more...

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Government plans to make Himachal a steel hub


November 30th, 2009 - 9:22 pm ICT by IANS
Shimla, Nov 30 (IANS) Steel ministry officials Monday visited the state capital to find ways to make Himachal Pradesh a steel hub and increase its production and consumption. Briefing reporters later, Steel ... Read more...

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Entrepreneurs can set up steel plants anywhere in the country: Singh


November 19th, 2009 - 4:39 pm ICT by ANI
New Delhi, Nov 19 (ANI): The Union Government on Thursday announced that entrepreneurs are free to set up steel plants anywhere in the country except in restricted locations based on their commercial ... Read more...

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Government plans venture capital fund for prospecting mines


November 14th, 2009 - 10:22 pm ICT by IANS
Kolkata, Nov 14 (IANS) The steel ministry is in talks with a financial institutions to promote a venture capital fund for funding the prospecting of iron ore mining, Steel Secretary Atul Chaturvedi ... Read more...

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Nation-wide survey to correctly assess rural demand for steel


October 23rd, 2009 - 3:09 pm ICT by ANI
New Delhi, Oct 23 (ANI): Union Minister for Steel Virbhadra Singh on Friday said that the Steel Ministry has decided to launch a nation-wide survey on rural steel consumption and demand to ... Read more...

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Central team completes inspection of toxic ship Platinum II


October 21st, 2009 - 6:15 pm ICT by ANI
Alang, Oct 21 (ANI): A three-member investigation team has completed inspection of the US ship Platinum II for toxic materials.The team led by SA Das, industrial advisor to steel Ministry, is ... Read more...

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Toxic ship Platinum II inspected


October 20th, 2009 - 4:06 pm ICT by ANI
Alang (Gujarat), Oct 20 (ANI): A three-member investigation team has started inspection of the US ship Platinum II for toxic materials.The three-member team comprising an official from the Central Pollution Control ... Read more...

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Damage to toxic ship Platinum II raises concern


October 19th, 2009 - 5:00 pm ICT by ANI
Gandhinagar, Oct 19 (ANI): The hull of the Platinum-II ship, allegedly carrying toxic waste, was on Monday damaged, following which, it was grounded off the Alang Port in Gujarat.Rescue efforts are ... Read more...

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Land takeover delays may cost projects worth $100 bn: Report


October 6th, 2009 - 8:06 pm ICT by IANS
New Delhi, Oct 6 (IANS) Prolonged delays in acquiring land for industrial projects could endanger potential investments worth $100 billion in India, according to an industry lobby report. "Delays in land acquisition ... Read more...

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Government targets 100,000 carats of diamonds from Panna mines


August 26th, 2009 - 2:49 pm ICT by IANS
By Vishal Gulati Shimla, Aug 26 (IANS) State-run National Mining Development Corp (NMDC) plans to produce close to 100,000 carats of diamonds from the Panna diamond mines in Madhya Pradesh by 2010-11, Steel ... Read more...

Posted in Business |

Steel Ministry identifies two PSUs for disinvestment


August 7th, 2009 - 7:26 pm ICT by ANI
New Delhi, Aug. 7 (ANI): Steel Ministry has identified two Public Sector Units (PSUs) for disinvestment, and is going to send its recommendations to the cabinet later this month, Union Steel Minister ... Read more...

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New steel minister to stop dumping of steel in India


June 3rd, 2009 - 5:21 pm ICT by ANI
New Delhi, June 3 (ANI): Minister of State for Steel A. Sai Prathap today said that demand of steel producers for measures to curb the threat of cheap steel imports and dumping ... Read more...

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Virbhadra Singh assumes charge of Steel Ministry


May 29th, 2009 - 6:37 pm ICT by ANI
New Delhi, May 29 (ANI): Minister for Steel Virbhadra Singh assumed charge here on Friday.He was welcomed by Steel Secretary P.K.Rastogi and other senior officers.Talking to reporters after taking charge, he said ... Read more...

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Paswan seeks 10 percent import duty on steel


November 14th, 2008 - 7:08 pm ICT by IANS
New Delhi, Nov 14 (IANS) Steel Minister Ram Vilas Paswan has sought a 10-percent import duty on the commodity to provide level playing field to domestic firms that are reeling under the ... Read more...

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Paswan calls for national iron ore policy


November 2nd, 2008 - 10:45 pm ICT by IANS
Kolkata, Nov 2 (IANS) The country should have a national iron ore policy to ensure the its proper distribution to various sectors, Minister of Chemicals, Fertilisers and Steel Ram Vilas Paswan said ... Read more...

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First steel processing plant in Kashmir Valley


September 22nd, 2008 - 10:15 pm ICT by IANS
First steel processing plant in Kashmir ValleySrinagar, Sep 22 (IANS) Union Steel Minister Ram Vilas Paswan Monday laid the foundation of the first steel-processing plant in the industry-starved Kashmir Valley which will ... Read more...

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Steel ministry wants iron ore export duty hike


September 9th, 2008 - 9:17 pm ICT by IANS
Kolkata, Sep 9 (IANS) To keep down steel prices, the central steel ministry has recommended an additional five percent duty on iron ore exports."We have suggested that export duties on iron ore ... Read more...

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Steel PSUs to establish 150 relief camps in flood hit districts of Bihar


September 1st, 2008 - 10:28 pm ICT by ANI
New Delhi , Sept 1 (ANI): The Public Sector Undertakings under the Ministry of Steel will set up 150 relief camps in the flood hit Districts of Bihar and 25 camps ... Read more...

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Middlemen’s role in iron ore trade to be curbed


August 27th, 2008 - 8:19 pm ICT by IANS
Kolkata, Aug 27 (IANS) The government is planning to control the role of middlemen in iron ore trade in a bid to moderate prices, Minister of State for Steel Jitin Prasada said ... Read more...

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Steel price hike ruled out, cut might follow (Lead)


August 22nd, 2008 - 9:01 pm ICT by IANS
New Delhi, Aug 22 (IANS) Faced with skyrocketing inflation that touched 12.63 percent for the week ended Aug 9, the government Friday ruled out any upward revision in the prices of steel ... Read more...

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Iron ore shortage closes 25 units in Chhattisgarh (Lead)


August 14th, 2008 - 8:22 pm ICT by IANS
Raipur, Aug 14 (IANS) A shortage of iron ore Thursday forced 25 sponge iron units in Chhattisgarh to stop production, and an industry official said Thursday that more of them could follow ... Read more...

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25 sponge iron units closed in Chhattisgarh


August 14th, 2008 - 4:15 pm ICT by IANS
Raipur, Aug 14 (IANS) As many as 25 sponge iron units in Chhattisgarh have stopped production from Thursday following a shortage of iron ore, and more will follow suit, a top industry ... Read more...

Posted in Business |

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