Nov 2018
Saudi Oil Company Aramco Signs Deals Worth USD 27.5 Billion With Suppliers This Week
Nov 30, 2018
This week Saudi oil company Aramco hosted its 4th In Kingdom Total Value Added Program ("IKTVA") Forum & Exhibition at the Dhahran Expo Center in Dammam, attracting more than 1,000...
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India's Iron Ore Production To Decrease As NMDC Shuts Down Karnataka Mine
Nov 29, 2018
It is reported that owing to the suspension of operations by public sector mining giant National Mineral Development Corporation (NMDC) at its Donimalai mines in Ballari district, India’s iron ore...
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RINL Looks To Set Up A Steel Plant In Partnership With Hyundai Motor Company
Nov 28, 2018
Rashtriya Ispat Nigam Ltd (RINL) looks to set up a steel plant in partnership with South Korean automotive manufacturer Hyundai Motor Company if it finalizes Vizag as its site for...
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Chandrapur Ferro Alloy Plant Fulfills Two Third Ferro Alloy Requirement Of SAIL
Nov 27, 2018
Mr. Anil Chaudhary Chairman of Steel Authority of India Limited (SAIL), during his visit to SAIL Chandrapur Ferro-Alloy Plant in Maharashtra, said ‘‘it is time for us to not simply...
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WTO Decides To Investigate The United States Steel And Aluminum Tariffs
Nov 24, 2018
A Geneva trade official on Thursday said The World Trade Organization (WTO) has agreed to set up panels at its Dispute Settlement Body (DSB) to decide whether or not The...
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European Union Imports For Hot Rolled Steel Coil Drop In September
Nov 23, 2018
A recent data reported imports of European Union of cold rolled and hot-dip galvanized coils rose 12% and 11%, respectively while hot-rolled steel coil fell 9.65% in September. Hot Rolled...
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Reliance Industries Plan To Expand The World’s Largest Refinery Complex
Nov 22, 2018
Reliance Industries owned by Mukesh Ambani is proposing a plan to increase its oil-refining capacity by about half. The proposed plant will be able to process as much as 30...
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Great Eastern Energy Corporation Plans To Exploit Shale Worth USD 2.78 Billion
Nov 20, 2018
Great Eastern Energy Corporation (GEECL) - London-listed Coal Bed Methane (CBM) producer proclaimed a resource upgrade at its Raniganj (South) block in West Bengal saying it has found prospective shale...
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OPEC And Partners Discuss To Cut Large Oil Supply
Nov 19, 2018
OPEC and its partners are discussing a proposal to chop oil output by 1.4 million barrels per day, 3 sources familiar with the problem said, though Russia might not get...
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India's Copper Demand To Double By 2026
Nov 17, 2018
India's refined copper consumption is about to more than double up the next eight years amid rising demand from the power, auto, and consumer sectors, and the chief executive of...
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Bhilai Steel Plant Launches Special Steel To Be Used In Satellite Launch Vehicles
Nov 16, 2018
Steel Authority of India limited -Bhilai Steel Plant’s Plate Mill has successfully launched maraging steel 'MDN 250' on Thursday, November 15, 2018. This special form of steel is employed in...
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Government’s Import Bill Down Rs 8,000 Crore On Domestic Steel Procurement Policy
Nov 15, 2018
The government has been ready to save Rs 8,000 crore value of import bill ever since it's published the policy of preference to domestic steel producers in the case of...
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India Soon To Conduct Second Round Of Oil And Gas Auctions
Nov 14, 2018
India’s oil minister Dharmendra Pradhan has invited investors from all over the world to participate in the bidding of oil and gas being held by the government under the 2nd...
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The United States Expected To Produce Half Of Global Oil And Gas Output By 2025
Nov 13, 2018
Relentless American shale development is set to permit the United States to progress as the worlds other major oil and gas manufacturers, with the potential for the country to account...
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JSW Steel Crude Steel Output Grows 7.7 Percent To 14.47 Lakh Tonne In Oct
Nov 12, 2018
JSW Steel on Thursday said its crude steel output grew 7.7% to 14.47 lakh tonne during October 2018. The Sajjan Jindal-led company had produced 13.43 lakh tonne crude steel in...
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Railways Place Orders Worth Rs 8,129 Crore With Domestic Steelmakers
Nov 10, 2018
Steel products which were earlier imported by Public Sector Undertakings are now being purchased from domestic producers which is a big boost to ‘Make in India’ drive, government Public Sector...
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Tata Steel Aims 30 Million Tonne Capacity By 2025 In India
Nov 6, 2018
Tata Steel Ltd is eyeing an installed capacity of around Thirty million tonne per year by 2025 in India from the existing 18.5 million tonnes, a senior company official said.
Israel Announces New Oil And Gas Exploration Round In The Eastern Mediterranean
Nov 5, 2018
Israel will tender off nineteen new offshore blocks to oil and gas companies, its energy ministry said on November 4th, hoping to recover from a dismaying auction round last year.
India Turns Net Importer Of Iron And Steel In April-September
Nov 3, 2018
Imports are projected to be above 12 million tonnes in this financial year as the momentum will continue regardless of the surplus supply in the domestic market. India, home to...
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Steel Imports Plunged By 26% In September
Nov 2, 2018
Steel imports fall by 26% in September as tariffs continue on foreign-made steel. The United States imported 2.24 million tons of steel in September, according to preliminary U.S. Census Bureau...
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India May Become The Second Largest Steel Producer In The World: Chaudhary Birender Singh
Nov 1, 2018
By following the practice of Indian made steel for government projects, we have been able to save at least Rs 5000 crore within a short span of time, said Chaudhary...
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