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Domestic steel industry is not getting adequate iron ore to produce steel: Seshagiri Rao, JSW Steel

India Infoline News Service | Mumbai | December 20, 2014 12:52 IST

On Friday, the stock of the company closed up 1.65% at Rs. 1057. It hit a high at Rs. 1088 and low at Rs. 1044.

Uttam Value Steels bags National Energy Conservation Award 2014

India Infoline News Service | Mumbai | December 19, 2014 16:51 IST

Award presented by Piyush Goyal, Union Minister of State Power & Renewable Energy, Govt of India.

Metal and Mining Newsletter - December 15 to 19, 2014

India Infoline News Service | Mumbai | December 19, 2014 15:24 IST

The government is unlikely to sell residual stake in Hindustan Zinc and Balco in the current fiscal, according to reports.

SBI approves OTS scheme for mining industry in Goa

India Infoline News Service | Mumbai | December 19, 2014 10:58 IST

This move is expected to pave way for other financial institutions to settle the long-pending bad debt.

JSPL raises Rs 10 bn from Kotak Mahindra Bank

India Infoline News Service | Mumbai | December 19, 2014 08:43 IST

At 9.24 AM, the stock was up 0.29% at Rs. 139.10. The stock has hit a high of Rs. 141.20 and a low of Rs. 139.

NMDC may meet 100 mt iron ore output; stock up 1%

India Infoline News Service | Mumbai | December 18, 2014 09:58 IST

At 9.58 AM, the stock was up 0.76% at Rs 76.05.

Govt unlikely to sell residual stake in Hindustan Zinc, Balco this fiscal: Reports

India Infoline News Service | Mumbai | December 17, 2014 14:46 IST

The Disinvestment Department is yet to receive valuation report of both the companies,

JSW Steel remains committed to Bengal Steel Project

India Infoline News Service | Mumbai | December 17, 2014 14:16 IST

The company decided to put the project implementation on hold until raw material linkages for the project are reliably established.

Tata Steel may resume production from iron ore mine: reports

India Infoline News Service | Mumbai | December 16, 2014 17:49 IST

Report said that restart of production at Tata Steel's Noamundi mine should help company lower its reliance on overseas purchases.

Hindalco Industries: CBI is investigating coal allocations

India Infoline News Service | Mumbai | December 16, 2014 15:29 IST

While the CBI has given its closure report, the Court has asked for further investigation on few specific aspects

How did the metals pack perform during 2014?

IIFL | Mumbai | December 16, 2014 11:32 IST

Nickel top-performed the pack, Aluminum, and Zinc registered decent gains, while Copper and Lead prices witnessed deterioration. On the supply/demand dynamics, things have relatively changed with several metals witnessing a transformation from a global surplus to a deficit.

Metals pack: Whats in store for copper in 2015?

IIFL | Mumbai | December 16, 2014 11:18 IST

On outlook, we expect Copper bulls to be deprived of any meaningful impetus on account of slower growth in overall Chinese demand and looming global surplus.

Metals pack: Whats in store for Aluminium in 2015?

IIFL | Mumbai | December 16, 2014 11:09 IST

On outlook, the tone in the markets has significantly changed, thanks to curtailment in the output in North America and Europe.

Metals pack: Will Zinc galvanise into action in 2015?

IIFL | Mumbai | December 16, 2014 10:46 IST

However, the outline for the metal seems to be eventually changing. After a six year long period of structurally oversupplied, global zinc markets witnessed a deficit during 2013 and deficit is expected for this year and next year as well.

Metals pack: Whats in store for Lead in 2015?

IIFL | Mumbai | December 16, 2014 10:30 IST

Emergence of certain bearish variables this year completely changed the fundamental profile for the metal.

Metals pack: Whats in store for Nickel in 2015?

IIFL | Mumbai | December 16, 2014 10:09 IST

Nickel prices skyrocketed during the first half of this year, with prices rebounding from the low of US$13,900/ton during January to test the highs of US$21,625/ton during May.

JSW returns Salboni project land to farmers: Report

India Infoline News Service | Mumbai | December 16, 2014 09:56 IST

JSW Bengal currently do not have either coal or iron-ore linkages for the Salboni project.

Coal India examining proposal to register subsidiary in South Africa

India Infoline News Service | Mumbai | December 16, 2014 09:28 IST

The company has appointed Deloitte as the consultant for advising on the regulatory framework.

Sesa Sterlite Aluminium Smelter Plant wins National Energy Conservation Award-2014

India Infoline News Service | Mumbai | December 16, 2014 08:59 IST

The Award is for exhibiting and discharging its commitment towards the cause of environmental conservation, focusing on superior energy management.

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