Deepak Kumar Sahu

Urea imports likely to drop by 35% in FY17 at 5.5 MT

Deepak Kumar Sahu 0
The import of urea during the current fiscal is likely to be significantly lower compared with last 5-6 years at around 5.5 million tonne. This may be due to various policy measures, including new urea policy and neem coating of the soil nutrient [...]

Chhattisgarh invites bids for limestone mine auction

Deepak Kumar Sahu 0
The Chhattisgarh government intends to auction limestone deposits and has issued a notice inviting tender (NIT) for grant of mining lease for Kesla-II mineral block [...]

Monnet Ispat stake sale to JSW Steel likely by 31 March, says CMD

Deepak Kumar Sahu 0
Sandeep Jajodia, Monnet Ispat's chairman and managing director, tells InfraCircle that the process of selling a majority stake in his company is likely to be over by the end of the current financial year [...]

Govt mulls subsidy to fertiliser firms for setting up soil testing labs

Deepak Kumar Sahu 0
In a move that might help arrest depletion of soil nutrients, the government is considering subsidy to help fertiliser companies set up soil testing facilities at retail outlets [...]

Tata Steel, RINL boards approve pilot production of electrical steel

Deepak Kumar Sahu 0
India will soon start producing specialised electrical steel on a public-private partnership model as the boards of Tata Steel Ltd and state-run Rashtriya Ispat Nigam Ltd (RINL) have approved setting up a pilot research and development project to meet demand from the power sector [...]

SAIL seeks BCG advice to boost operating performance

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In a bid to improve its operating performance, state-run Steel Authority of India Ltd has recently appointed Boston Consulting Group for a study [...]

There should be an appropriate policy for iron ore pricing, says JSW Steel’s Seshagiri Rao

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Amid signs of recovery in steel industry, Seshagiri Rao MVS, joint managing director of JSW Steel and chief financial officer of JSW Group, says withdrawal of protectionist measures by the government will lead to cheap imports in India [...]

India imposes anti-dumping duty on China-made steel pipes, tubes

Deepak Kumar Sahu 0
India has imposed anti-dumping duty on seamless tubes, pipes and hollow profiles of iron, alloy or non-alloy steel being imported from China for a period of five years, a government notification said late on Friday [...]

WTO-wary commerce ministry turns against minimum import price on aluminium

Deepak Kumar Sahu 0
In what may dash hopes of domestic aluminium manufacturers like Hindalco, Vedanta and state-run National Aluminium Co. Ltd (Nalco), the commerce ministry has favoured protection to the domestic industry via WTO-complaint measures, including safeguard and anti-dumping duties, instead of imposition of minimum import price [...]

We are taking steps to sell assets, but will not do distress sale: JSPL’s Ravi Uppal

Deepak Kumar Sahu 0
About two years after losing coal mines and undergoing financial stress, Jindal Steel and Power Ltd seems to be on a path to recovery. In an exclusive interview to InfraCircle, managing director and chief executive officer Ravi Uppal says the company expects to sell 6 million tonne (MT) steel in domestic market next year, compared with 4.2 million tonne this year [...]