Sunday, January 29, 2023
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Govt gets multiple EoIs for privatising NMDC Steel

PSU Watch Bureau -
The government has received multiple preliminary bids for the privatisation of NMDC Steel Ltd (NSL), said DIPAM Secretary Tuhin Kanta Pandey on Friday
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UK not to impose 4% countervailing duty on certain Indian steel products: Official

PSU Watch Bureau -
UK has agreed not to impose four percent CVD on certain Indian steel products which would help domestic traders to increase shipments, said an official
News Updates

Steel prices climb to 3 months high in Jan: SteelMint

PSU Watch Bureau -
Steel prices increased by five percent to hit a three-month high of Rs 56,900 per tonne in January due to hike in price of raw materials, said SteelMint
News Updates

Govt to bring norms for promoting green hydrogen soon

PSU Watch Bureau -
Ministry will come out with detailed guidelines and standards for making India a global hub for hydrogen manufacturing, said RK Singh
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Core sector output grows by 5.4% in Nov: Official data

PSU Watch Bureau -
Production of eight core sector industries increased by 5.4 percent in November against 3.2 percent growth in the same month last year
News Updates

Increase use of scrap in steel production: Kulaste

PSU Watch Bureau -
Domestic steel industry should increase use of scrap in their production, underscoring that carbon emission is a serious concern, said Kulaste
News Updates

Domestic demand for finished steel to grow by 8% this year: ICRA

PSU Watch Bureau -
Domestic finished steel demand has registered a double-digit growth of 11.9 percent in the first eight months of the current fiscal, said ICRA
News Updates

Capacity of SAIL to grow from 19.6 MT to 33 MT by 2030: Steel Minister

PSU Watch Bureau -
Current capacity of SAIL is 19.6 million tonnes and we are going to grow its capacity to 33 million tonnes by 2030, said Scindia
News Updates

Govt to sign pacts with PLI qualifiers for specialty steel: Official

PSU Watch Bureau -
Qualifiers of PLI scheme for specialty steel will soon sign agreements with the steel ministry to take their investment proposals forward, said an official
News Updates

NMDC hikes lump ore, fines prices by Rs 300 per tonne

PSU Watch Bureau -
NMDC has hiked the prices of iron ore lumps and fines by Rs 300 per tonne with immediate effect after the government removed export duty on steel & iron ore
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