About half a dozen companies and financial institutions are interested in acquiring a stake in the loss-making and highly indebted Bhushan Power and Steel, people familiar with the development confirmed
After a series of low turnouts at its e-auctions, state-controlled Odisha Mining Corporation (OMC) succeeded in drawing an encouraging response at its latest round of auctions of iron ore lumps on Octobe
Global stainless steel transaction values are currently influenced by several inflationary factors. The usual effect of variable steelmaking raw material costs has been compounded by the tightening suppl
The overall output figure of 143.58 million tonnes represented a 6.3% gain over the 135.117 million tonnes of August 2016 while the year-to-date total of 1.122 billion tonnes was 4.9% higher than the 1.0
State-run Metals and Minerals Trading Corporation of India (MMTC) Ltd has initiated dialogue with leading iron ore producer National Mineral Development Corporation (NMDC) for exports of the commodity to
The price of iron ore has declined about 10 per cent over the past five sessions to trade at near $69 a tonne, the lowest it has been in two months, and analysts expect further pressure over the next qua
Underlying steel consumption remains robust, in Germany, according to the September issue of MEPS European Steel Review. Both the auto and construction companies require large quantities of steel. The vo
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