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ICF 2020: A Virtual Construction Extravaganza

Just when the 2020 financial year was coming to a close, it was hit by the COVID-19 pandemic. While the industry was already battling issues such as a liquidity crunch, rising bad loans, slowdown in capex, project delays and insolvencies, among others, the last quarter witnessed growth in the negative territory for most businesses. However, despite obstacles and uncertainties being at their peak, a few entities managed to persevere and prevail, posting growth and exhibiting excellence.

Make in Steel 2020

Given the long-term pipeline of infrastructure projects in India, the growth opportunity for the country's steel sector is immense.

Enhancing Production optimisation

Konecranes India is capitalising on its local and global steel industry successes to target growing demand in maintenance and production optimisation expertise to support the country's local production growth and export push.

ACE launches nx360o crane in mumbai

Action Construction Equipment (ACE) has always believed in introducing new models in the pursuit of innovation and customer interest.

Proving its Mettle

Mala Kumar Engineers is a mining star with a fleet of crawler excavators and rock breaker from Volvo CE. A Delhi-based contract mining services provider, Mala Kumar Engineers Pvt Ltd (MKEPL)

SAIL to develop Bhilwara iron ore mine with Rs 800 cr investment

To develop Bhilwara iron ore mine in Rajasthan, the Unin government-owned Steel Authority of India (SAIL) plans to invest about Rs 800 crore. It also plans to set up a pellet plant with 2 million tonne per annum capacity at the site..

SAIL to develop Bhilwara iron ore mine with Rs 800 cr investment

To develop Bhilwara iron ore mine in Rajasthan, the Unin government-owned Steel Authority of India (SAIL) plans to invest about Rs 800 crore. It also plans to set up a pellet plant with 2 million tonne per annum capacity at the site..

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

Cabinet allows SAIL, RINL to charter ships directly

State-run steel makers SAIL and RINL received approval from the union cabinet to charter ships directly without going through the government's chartering organization TRANSCHART for importing coal and other raw materials. The move would facilitate better control of logistics, shipping and operations of importing coal and other raw material from overseas, a government statement

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

SAIL ropes in Lanco Infra to develop Tasra coal block

Lanco Infratech has been roped in by the Steel Authority of India (SAIL) to develop Tasra coal block, which was given to the latter by Bharat Coking Coal in 1996. While Lanco, Adani and some smaller players bid for the project, SAIL found Lanco to be technically and commercially fit for the contract

Anupam bags Rs 130 cr SAIL contract

Crane manufacturer Anupam Indu?s?tries bagged a Rs 130 crore order to supply 22 cranes and hoists of various capacities at the Rourkela Steel Plant of Steel Authority of India (SAIL). This is within a year of it forming a joint venture with Japanese heavy engineering player Mitsubishi Heavy Industries (MHI) to manufacture port cranes and material handling equi?p?ment for domestic and global markets.

SGE Group is the exclusive distributors for Everdigm hydraulic crawler drills & attachments

We have tied up with Everdigm Corp, a Korean multinational, which has established a leading presence in manufacturing of construction and mining equipment and rescue ladder Industries, says Sourabh Tyagi, Managing Director, SGE Group of Companies.

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