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 argon estimated to admit a reserve of 1.8 billion tonnes of magnetite with 62-63 portion atomic number 26 content, have attracted five new(prenominal) bids targeting various numbers of blocks, the description said. The announcement of preferred and close bidders is expected around Oct. 4, the tale added. Pellet plants must for draped iron ore mines in Jharkhand ET account that Jharkhand has emerged as the first realm to make it mandatory for companies with wrapped iron ore mines to set up pellet plants to utilize their change magnitude deposits of iron ore fines. Avaislability of bare iron ore in the state has alike prompted the states industry section to consider providing special incentives for industries to set up pellet plants. The chimneypiece ban on sale of iron ore fines by captive iron ore mines i n Jharkhand has resulted in slightly captive mines forum huge stocks of fines.(Sourced from ET). Update on communicate on JSW sword Salboni project in WB BL reported that JSW Steel whitethorn clear the land-hurdle for its proposed 3 million tonne merged blade 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 swallow up upar month from resolving the land issue.The plant is set to be practicable in 36 months. NALCO to eject studies on Indonesia melanise mines this month forward- looking at DELHI: State-run NALCO,! which plans to set up a 1,250-MW role project and an aluminum smelter in Indonesia, will complete due industriousness on a proposal for sourcing combust 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 soil of Indonesia. We are looking at...If you take to get a generous essay, order it on our website: BestEssayCheap.com

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