Present Indian Market Condition

PRESENT INDIAN MARKET CONDITION As on 07.09.2011 (IRON / STEEL AND COAL) Indias SAIL-led consortium bids for Afghan press out mines The Hajigak mines, which ar estimated to admit a reserve of 1.8 billion tonnes of magnetite with 62-63 per centum atomic number 26 content, have attracted five opposite bids targeting various numbers of blocks, the description said. The announcement of preferred and reticent bidders is expected around Oct. 4, the tale added. Pellet plants must for enwrapped iron ore mines in Jharkhand ET account that Jharkhand has emerged as the first tell to make it mandatory for companies with engrossed iron ore mines to set up pellet plants to utilize their change magnitude deposits of iron ore fines. Avaislability of exorbitance iron ore in the state has alike prompted the states industry incision to consider providing special incentives for industries to set up pellet plants. The masking ban on sale of iron ore fines by captive iron ore min es in Jharkhand has resulted in slightly captive mines garner huge stocks of fines.(Sourced from ET). Update on communicate on JSW nerve Salboni project in WB BL reported that JSW Steel whitethorn clear the land-hurdle for its proposed 3 million tonne merged brand name plant at Salboni in West Bengal in a weeks time.

The come with has already declared readiness to come through financial closure for the estimated INR 20,000 crore project within a cal force out upar month from resolving the land issue.The plant is set to be practicable in 36 months. NALCO to sail through studies on Indonesia colour min es this month forward- sounding DELHI: Sta! te-run NALCO, which plans to set up a 1,250-MW indicator project and an aluminum smelter in Indonesia, will complete due industriousness on a proposal for sourcing burn for the projects by the end of this month, a senior company functionary said. He added that the company has sought 10 million tonnes per annum (MTPA) of coal supply all over a 20-year period and is looking at two coal mines in the East Kalimantan rule of Indonesia. We are looking at...If you take to get a plenteous essay, order it on our website: BestEssayCheap.com

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