Steel Sector

Areva T&D gets contract worth 35 million Euro from Bhilai Steel Plant

Areva T&D India LimitedAreva T&D India Limited, the Indian subsidiary of AREVA France SA, has bagged a contract worth 35 million euro from Bhilai Steel Plant (BSP)1, a flagship unit of the “Steel Authority of India Ltd” (SAIL), the largest steel manufacturer in India.

This contract includes a 132kV Gas insulated substation and Air insulated substations.

In addition, it also includes the complete revamping of the existing protection & control system and feeding the new sub stations through 132KV transmission cables.

SAIL net profit rises 18%

NMDC hikes domestic iron ore prices by up to 40 percent

Tulsyan NEC inks MoU with Budhrani Group

Govt May Impose 5% Import Duty On Steel

Govt May Impose 5% Import Duty On Steel Steel Minister Ram Vilas Paswan on Wednesday said the government may impose five per cent import duty on cheaper shipments and scrap exports levy of up to 15 per cent as demanded by industry majors like Tata and SAIL.

Corus To Cut Crude Steel Production

Corus To Cut Crude Steel Production Corus would cut crude steel production by 20 per cent following fears of softening in the demand of steel. Corus is UK subsidiary of Tata Steel. It would reduce steel production by one million tonnes over three years. However, it would not reduce production outside Europe.

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