Mid CorporateSwiss firm Panatere inaugurates solar furnaces in La Chaux-de-Fonds to melt watchmaking offcuts into recycled steel using a 140 m² heliostat at up to 2,000 °C, targeting 1,000 t/yr by 2028.
Mid CorporateGPIL secures PGCIL approval to supply its entire range of IS 14650 high-tensile steel billets, boosting efficiency and projected annual profits by ₹150 crore.
Mid CorporateThe Steel Executives Federation of India (SEFI) has urged the steel ministry to merge state-run RINL, Ferro Scrap Nigam Limited (FSNL), and the Nagarnar steel plant with the SAIL, combining the expertise of each firm to form a mega public sector undertaking.
Mid CorporateCoal production at state-owned CIL increased by 8% in the first quarter of the current fiscal year to 189.3 million tonnes (MT). The company produced 175.5 MT of coal during the prior fiscal year's April-June quarter.
Mid CorporateIndian government-run Manganese Ore miner MOIL ltd has revised prices for various grades of manganese ore for current month deliveries, according to a regulatory filing by the company.
Mid CorporateThe Odisha group of Mines (OGOM), operating under the Rourkela Steel Plant (RSP) of SAIL, has achieved its highest-ever annual iron production of 14.31 million metric tonnes (MMT) in the fiscal year 2023-24, a 2.76% increase from the previous fiscal year.
Mid CorporateNMDC, the largest producer of iron ore in the country, has a one-year target price of ₹319 apiece. chinese steel mills. iron ore prices.
Mid CorporateNational Mineral Development Corporation (NMDC), India’s largest iron ore producer, unveiled its new state-of-the-art R&D Center in Patancheru, Hyderabad, to advance innovation in mineral processing and sustainable steel technology.
Mid CorporateAccording to the state owned company BHEL, it has obtained orders for two power plants worth ₹7,000 crore from Adani Power. Adani power. BHEL (Bharat heavy Electricals Limited).
Mid CorporateSteel Authority of India Ltd (SAIL) has firmed up plans to build a state-of-the-art steel plant at Burnpur for ₹36,000 crore. This promises to be the single-largest investment in an industrial project in Bengal in recent years.
Mid CorporateIndian government-run company Kudremukh Iron Ore Company Limited (KIOCL), has shut down its 3 million metric tonnes per annum (MTPA) iron ore pellet plant at Mangalore in Southern India.
Mid CorporateCoal India Ltd's contribution to the government's exchequer fell by 2.2% to ₹9,560.28 cr in April-May of this FY. CIL paid the govt exchequer ₹9,777.64 cr in the same period last year, according to preliminary data from the coal ministry.
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