Steel Ministry

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  Steel Makers Hail Commerce Ministry For Recommending Safeguard Duty On Flat Steel Imports

  The DGTR has recommended final imposition of a safeguard duty on imports of certain flat steel products for three years to protect domestic manufacturers from sudden jump in the inbound shipments.

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  Steel Ministry Seeks Lower Import Taxes On Key Raw Materials

  Finance Minister Arun Jaitley could announce some of these measures when he presents his annual budget for the 2017-18 fiscal year on February 1.

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  Steel Ministry Pursuing A Cut In Import Duty On Coking Coal

  Steel minister Chaudhary Birender Singh said on Thursday he wanted the finance ministry to scrap the 2.5 per cent duty on imports of coking coal.

• India's Steel Consumption Inches Up by 0.7% in First Quarter

  India's steel consumption grew by a mere 0.7 per cent during the first quarter of current fiscal to 18.82 million tonnes (MT). The country had consumed 18.69 MT steel in the April-June quarter of last fiscal, showed data compiled by Joint Plant Committee (JPC), a body under the Steel Ministry.

• Steel Ministry to Appoint Consultant to Boost SAIL Performance: Report

  Worried over SAIL's declining profits, the Steel Ministry has decided to appoint a globally-renowned consultancy to carry out a "diagnostic study" for enhancing the Maharatna firm's performance.

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  NMDC Records 24% Growth In Production During 2021-22

  Steel Ministry's entity NMDC recorded 24 per cent production growth as it produced 42.19 million tonnes of iron ore in 2021-22

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  NMDC Records 24% Growth In Production During 2021-22

  Steel Ministry's entity NMDC recorded 24 per cent production growth as it produced 42.19 million tonnes of iron ore in 2021-22

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  38 High Impact Steel Projects Earmarked Under PM Gati Shakti

  Steel ministry has identified 38 high impact projects to develop multimodal connectivity and bridge infrastructure gaps under PM Gati Shakti

• Rashtriya Ispat Nigam Signs Power Purchase Pact With PTC India

  Faced with a power crisis, state-run Rashtriya Ispat Nigam Ltd (RINL) has entered into an agreement with trading firm PTC India for purchase of 25 MW of electricity to tide over the perennial problem.

• Government May Sell 10 Per Cent Stake in Rashtriya Ispat by October: Report

  State-owned steel maker Rashtriya Ispat Nigam's initial public offering (IPO) may take place by October, with the government likely to sell a 10 per cent stake in the company, according to a Steel Ministry official.

• Steel Minister Approves Wage Revision in SAIL: Report

  SAIL's around 85,000 non-executives will soon get higher pay packages as the Steel Ministry has approved a long-pending wage revision in the Mahanratna company.

• Government May Sell 5% Stake in SAIL

  India's disinvest department under the Finance Ministry will hold a meeting with Steel Ministry and SAIL officials on June 23 to discuss the stake sale, a top Steel Ministry official and a top SAIL offical said on Tuesday.

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  Acquisition of Coking Coal Assets Abroad 'Imperative': Steel Ministry

  As a coking coal crunch in India may lead to annual imports of 180 million tonnes by 2033, acquisition of assets abroad becomes "imperative" for public and private steel companies, according to a Steel Ministry report.

• Steel Ministry to Pitch for Cheaper Credit in Presentation to PM Modi: Report

  The Steel Ministry is likely to highlight the need for raw material security, cheaper credit and dilution of stake in public sector undertakings (PSUs) to 51 per cent in a presentation to Prime Minister Narendra Modi on Friday.

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  Steel Minister Asks Companies To Raise Capex By 80% Till 2030-31

  Government has asked steel companies to raise their capex by 80 per cent from the current levels to reach 45 million tonnes per annum by 2030-31