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Indian coal mining scam - Decks being cleared to return unused coal blocks to govt - SteelGuru


Indian coal mining scam - Decks being cleared to return unused coal blocks to govt
SteelGuru
Business Line reported that the Centre is moving to amend the Coal Bearing Areas (Acquisition & Development Act), 1957 to ensure that the first round of coal block auction is a success. The Act gives special power to State-owned miners to acquire ...

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Indian coal imports in 2013-14 miss 150 million tonne mark - SteelGuru


Indian coal imports in 2013-14 miss 150 million tonne mark
SteelGuru
More than 75% was accounted by thermal coal, followed by about 23% by coking coal and 1% each by met coke and pet coke. Indonesia took the first spot as supplier with about 55% share followed by Australia at 20% and South Africa at 9%. (About 10% of ...

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Mr Modi's comments on imports bring cheers to steel industry - SteelGuru


Mr Modi's comments on imports bring cheers to steel industry
SteelGuru
Economic Times reported that the prime ministerial candidate of BJP Mr Narendra Modi's remarks that steel must be produced in the country and not imported has given a ray of hope to the companies in the sector, battered by poor domestic demand and ...

Nalco's Damanjodi refinery gets ISO 50001:2011 certification - SteelGuru


Nalco's Damanjodi refinery gets ISO 50001:2011 certification
SteelGuru
Odisha Sun Times reported that National Aluminium Company's alumina Refinery located at Damanjodi in Koraput district of Odisha has got ISO 50001:2011 Energy Management System certification by M/s. DNV-GL of Netherland. The refinery has been ...

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ONGC could save USD 800 million if it uses RIL infrastructure facility - SteelGuru


ONGC could save USD 800 million if it uses RIL infrastructure facility
SteelGuru
Business Standard reported that state owned ONGC could save up to USD 800 million in capital cost if it decides to use infrastructure facilities owned by Reliance Industries at KG Basin for processing gas, according to a draft report submitted by Aker ...

POSCO steel project affected disappointed by Mr Rahul Gandhi silence - SteelGuru


POSCO steel project affected disappointed by Mr Rahul Gandhi silence
SteelGuru
Times of India reported that Mr Rahul Gandhi VP of Congress, visited Jagatsinghpur for the first time since the Posco steel project was proposed in the district in 2005. But he did not utter a word on the proposed mill. Congress leaders were quite ...

Mr Narendra Kothari to be appointed as new chairman of NMDC - SteelGuru


Mr Narendra Kothari to be appointed as new chairman of NMDC
SteelGuru
Indian Express reported that after a gap of over two years, NMDC Limited will finally have a full time chairman as the Union Cabinet has cleared the appointment of Mr Narendra Kothari to head the state-run miner. The Appointments Committee of the ...

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Minnesota plant will fulfill its contracts - Essar - SteelGuru


Minnesota plant will fulfill its contracts - Essar
SteelGuru
Officials at Essar Steel Minnesota said that construction on their new facility is further along than has been recently reported. The company wants to address what it says were inaccuracies in comments made by a Minnesota union representative. Nashwauk ...

Walter Energy to lay off of about 700 workers in BC mines - SteelGuru


Walter Energy to lay off of about 700 workers in BC mines
SteelGuru
US based Walter Energy said that it will temporarily lay off about 700 workers at two coal mines in British Columbia due to difficult market conditions and lower prices. Walter Energy said that it expects to incur severance charges of approximately USD ...

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European Commission calls on Italy to meet pledges and act on ILVA - SteelGuru


European Commission calls on Italy to meet pledges and act on ILVA
SteelGuru
The European Commission called on Italy to live up to promises it made in connection with troubled steelmaker ILVA and infraction procedures over the environmental health scandal in the southern city of Taranto. The EC is preparing to send a letter ...

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