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JSPL bags iron ore block in Keonjhar

Jindal Steel and Power (JSPL) has bagged the Guali mine iron ore block in the ongoing auctions in Odisha with reserves of about 200 million tonnes (MT).

Infra Growth to Drive Demand

Rising industrial activity, coupled with the uptick in construction and an anticipated demand in mining sector is expected to drive the demand of tipper trucks in the coming years.

Solid Tyres for CE Applications

The zero-maintenance solid tyres are a sound investment for demanding applications such as construction, mining, port handling, recycling, steel making, solid waste management, scrap handling, etc

German companies are planning more investments in India

The Indian market is served for many years, not only because of the need of raw materials to foster the nation economic growth but also because India is the third largest producer of coal. Difficult regulatory framework and business environment slow the development of coal production.

Mining as a Demand Puller

India is well endowed in terms of most minerals and the country?s mining sector has great potential. While demand for commodities has been strong, supply has been constrained. This has resulted in increased import.

Solid Tyres from Trident

Trident International specialises in the design, development and supply of solid industrial tyres for construction, quarrying, underground mining, port and material handling equipment.

JSPL starts coal gasification plant at Angul

Jindal Steel & Power Ltd (JSPL) Phase-I capacity of Angul steel making unit has touched 2.5 million tonne and aims to achieve its envisaged capacity of six million tonne at its by the end of 2015. The coal gasification plant at Angul has already started. JSPL plans to produce sponge iron soon using synthesis gas from its coal gasification plant.

SAIL to explore new ore deposits

In order to meet the future requirement of iron ore, Steel Authority of India (SAIL) plans to explore new iron ore deposits in the states of Rajasthan, Chhattisgarh, MP, Maharashtra, Odisha and Karnataka. The company wants to implement new ore mining project as it plans to raise its steel making capacity by up to 50 per cent to 21 million tonne by this fiscal.

ICVL identifies 5 overseas assets

CS Verma, Joint Chairman of Steel Authority of India (SAIL) informed that ICVL has identified at least four or five good coking coal mines in Australia, the US and Mozambique for acquisition. International Coal Ventures (ICVL), a consortium led by SAIL, is conducting due diligence on these assets. It may be recalled that ICVL was formed in 2009 by public sector firms like NTPC, Coal India, NMDC and Rash

SAIL may produce more ore due to Gua mine clearance

The government's move to give forest clearance for mining by Steel Authority of India (SAIL) in the Gua iron ore mines in Jharkhand may boost raw material supply for its steel plant. The company plans to increase the production of iron ore, which is a key raw material for steel making, as part of its steel capacity expansion projects

Big Crane Deal for Konecranes

WMI Konecranes bags an order from JSW Steel worth Rs 58 crore. WMI Konecranes has bagged the order to supply total 21 heavy-duty cranes to JSW steel worth Rs 58 crore.

Solid Tyre Options for Skid Steers

Trident International, a star export house based in Pune, has developed a range of solid tyres especially for skid steer loaders.Pneumatic tyres that are fitted on skid steer loaders are inherently prone to punctures, damage and fast wear, due to the severe service conditions in which these machines are used.

Fuel price rise shrinks margins

India has been witnessing a high rate of inflation and continued increase in interest rates for a long time now. One of the most recent impacts was on the auto industry which has increased prices across the board.

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