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JSW Steel to raise ECA credit for ₹15,000 cr expansion at Vijayanagar plant.

JSW Steel to raise a major chunk of ₹15,000 crore funding for 5 mtpa Vijaynagar expansion at a concessional rate from countries where it is importing the machineries. “Overseas fundraising is out... Full Story

Tata Steel to invest ₹1,000 cr in Neelanchal Ispat.

Tata Steel plans to spend about ₹1,000 crore for enhancing Neelanchal Ispat Nigam capacity to 5 million tonne per annum... Full Story

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ArcelorMittal Nippon Steel India to enhance pellet capacity with ₹1,000 cr investment in AP.

ArcelorMittal Nippon Steel India plans to invest ₹1,000 crore in the brownfield expansion of its pellet plant at Visakapatanam in... Full Story

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LATEST HEADLINES FROM MIDDLE EAST AND NORTH AFRICA

Baldota Group to invest Rs. 18,000 crore to build 3.5 MTPA steel plant in Koppal.
Aaress Iron and Steel, a subsidiary of the Vijayanagar-based Baldota Group, has proposed to set up and operate an integrated steel plant of 3.5 million tonnes per annum... Full Story
Gujarat: PM Modi to virtually attend 'bhoomi pujan' of ArcelorMittal Nippon Steel's Hazira plant expansion.
Prime Minister Narendra Modi will virtually attend the 'bhoomi pujan' of the expansion project of steel major ArcelorMittal Nippon Steel India's flagship plant at Hazira in Gujarat's Surat district, officials said. ArcelorMittal... Full Story
Hindustan Copper to ramp up copper output to 12.2 MTPA by FY29.
State-owned Hindustan Copper Ltd. (HCL) is considering increasing its copper ore production to 12.2 million tonnes per annum by FY29 in its first phase of expansion. The... Full Story
NMDC’s Chhattisgarh steel plant to be operational in September.
State-run NMDC’s three million tonne per annum (mtpa) greenfield steel plant at Nagarnar in Chhattisgarh is likely to be commissioned towards the end of September,... Full Story
Tata Steel to set up mini steel recyling plants.
Tata Steel will set up small-sized factories to make reinforced steel from scrapped automobiles and other products, a top official of the company said. The company... Full Story
Shyam Metalics announces capacity expansion in steel products.
Shyam Metalics and Energy recently announced a 20% increase in total installed capacity for sponge iron products as outlined in the capex plans for financial... Full Story
Lloyds Metals and Energy Ltd. announces extension of mining lease for another 30 years.
Under Section 8A (5)/(6) of Mines and Minerals (Development and Regulation) Amendment Act - 2015 and the execution and registration of the necessary documents the... Full Story
NMDC November 2021 iron ore production rises marginally to 3.34 MT.
The PSU miner's provisional iron ore production rose 0.60% to 3.34 million tonnes (MT) in November 2021 as against 3.32 MT in November 2020. Meanwhile, provisional... Full Story