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Orissa Minerals Development Company reports standalone net profit of Rs 7 33 crore in the March 2021 quarter

Orissa Minerals Development Company reports standalone net profit of Rs 7 33 crore in the March 2021 quarter
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Orissa minerals development companyCapital marketஓரிஸ்ஸ தாதுக்கள் வளர்ச்சி நிறுவனம்மூலதனம் சந்தை

Sameet Chavan of Angel Broking expects Nifty to hit 15,600 soon

State govt will not allow steel plant privatisation at any cost: Vijaya Sai

Updated: ‘Plant will turn profitable if captive mines are allocated and debt is converted into equity’ Share Article AAA YSRCP MP V. Vijaya Sai Reddy and APIIC chairperson Roja taking part in padayatra in Visakhapatnam on Saturday. | Photo Credit: K.R. Deepak ‘Plant will turn profitable if captive mines are allocated and debt is converted into equity’ Leading a rally under the banner ‘Visakha Ukku Parirakshana Porata Yatra’, here on Saturday, YSR Congress Party MP V. Vijaya Sai Reddy, said that the State government and the party will not allow the proposed strategic sale of Visakhapatnam Steel Plant (VSP), at any cost.

Andhra pradeshPilli subhash chandra boseSeediri appalarajuKarnataka andhra pradeshMuttamsetti srinivasa raoGolla babu raoRajya sabhaA adeep rajKurasala kannababuVisakha ukku parirakshana porataMlas gudivada amarnathCongress party mpv vijaya sai reddyOrissa minerals development companyVisakha ukku parirakshana porata yatraSai reddyVisakhapatnam steel plant

Who Is Responsible For Vishaka Steel Plant Losses?

Who Is Responsible For Vishaka Steel Plant Losses? Published by GulteDesk February 12, 2021 The government of India has decided to privatise Rastriya Ispat nigam Limited (RINL), the corporate entity of Visakhapatnam steel plant quoting losses. But, the policies of the government are essentially responsible for the fiscal travails of the steel plant. The absence of a captive mine for this premier public sector company deprived it a level playing field vis a vis other players in the steel industry both in the public and private sectors. Currently the RINL is purchasing iron ore from NMDC Bailadila mines at market price. This has put the RINL at a cost disadvantage of around 5,260 per metric tonne of steel (at ore level). Many of its competitors have captive mines for more than 60 percent of their requirement and buy only the rest from NMDC. This excess cost of iron ore has cost implications of more than3,472 crores for RINL.

Andhra pradeshRastriya ispatRae barelliOrissa minerals development corporationForged wheelஆந்திரா பிரதேஷ்ரஸ்திரிய நான் துப்பினேன்ரே பேரெல்லிஓரிஸ்ஸ தாதுக்கள் வளர்ச்சி நிறுவனம்போலியானது சக்கரம்

The mystery behind rising iron ore prices | Hellenic Shipping News Worldwide

The mystery behind rising iron ore prices Over the past couple of months, the steel industry has witnessed constant dialogue between iron ore miners and steel producers, aimed at reaching common ground on the availability of a key commodity for manufacturing steel iron ore. While manufacturers of the alloy have gone up to the Prime Minister’s Office (PMO) seeking a ban on exports of iron ore citing sky-high prices, miners of the key raw material whose pellets form about 60% of the cost of production of steel claim that steel mills have been importing iron ore to suppress prices of the commodity despite huge stockpiles lying idle. Both sides have made sure to supplement their claims with data.

Dharmendra pradhanIndian steel associationIndia induction furnaces associationOdisha mining corporationMinistry of commerceOrissa minerals development companyFederation of indian mineral industriesMinistry of steelPrime ministerAll india induction furnaces associationIndian mineral industriesWest bengalதர்மேந்திரா ப்ர்யாட்ஹந்இந்தியன் எஃகு சங்கம்இந்தியா தூண்டல் உலைகள் சங்கம்ஓடிஷா சுரங்க நிறுவனம்