NMDC iron ore output in June at 6.87 million tonne

Jul 07 2018

State-owned NMDC today said it produced 6.87 million tonne (MT) iron ore in the month of June.

JMC Projects shares gain 3.5% on orders worth Rs 1,966 cr

Jun 26 2018

Shares of engineering firm JMC Projects (India) today rose by 3.5 per cent after the company secured orders worth Rs 1,966 crore in the domestic market.

NMDC raises lump ore rate by Rs 150 a tonne

May 23 2018

Country's largest iron ore miner NMDC today said it has raised the price of lump ore by Rs 150 to Rs 3,050 per tonne.

NMDC posts 49 percent rise in Q3 net at Rs 886 crore

Feb 13 2018

NMDC Ltd reported 48.9 percent rise in standalone profit at Rs 886.53 crore for the quarter ended December 2017.

Govt plans mechanism to address iron ore price volatility

Jan 11 2018

The steel ministry is contemplating a mechanism to moderate the volatile prices of iron ore, the main raw material of steel.

Retail investors over-subscribe NMDC; govt to get Rs 1,200 cr

Jan 10 2018

The govt's 2.52% stake sale in state-owned miner NMDC saw robust response from investors with the retail portion getting over-subscribed by 5.40 times.

SAIL may return to profit next year: Steel Secretary

Dec 25 2017

The steel ministry expects SAIL to show profit next year on the back of continued improvement in global commodity market.

Public sector units helped in economic growth: VP Venkaiah Naidu

Dec 08 2017

M Venkaiah Naidu said PSEs have contributed immensely to the countrys economic growth and helped the country in building a sustained industrial base.

JV between SAIL, ArcelorMittal soon, says steel minister

Dec 08 2017

Chaudhary Birender Singh said that the joint venture (JV) between steel giants SAIL and ArcelorMittal to produce high-end automotive steel will be signed soon.

JSW keen to snap up stressed assets, to create $1-bn war chest

Jun 29 2017

JSW Steel is evaluating stressed steel assets for acquisitions and has secured shareholders approval to create a USD 1 bn war chest for the same.

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