Demand for national policy on iron ore

 To ensure that iron ore from states like Jharkhand, Odisha, Chhattisgarh and Madhya Pradesh are distributed equitably, West Bengal Government wants a national iron ore policy. This will benefit the country’s steel industry and will ensure equitable distribution of the resources to feed the steel industry in all States. Mr Partha Chatterjee State Commerce Minister [...]

SAIL to invest Rs 95,000 crore in Jharkhand

 Steel Authority of India plans to invest close to Rs 95,000 crore over the next decade in Jharkhand, with the bulk of the money being earmarked for expansion of the Bokaro Steel Plant and setting up of steel, power and urea plants at Sindri where a fertiliser factory was once located. This was announced by [...]

SAIL aims to increase coking coal sources

 Leading steel manufacturer Steel Authority of India Ltd (SAIL) aims to source at least 25-30% of its coking coal requirements from domestic mines and has petitioned the government to allott it additional coal blocks for this purpose. The company hopes to get about  7-8 million tonnes of  coking coal in this way said SAIL Director [...]