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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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