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 be estimated to admit a reserve of 1.8 billion tonnes of magnetite with 62-63 percent atomic number 26 content, have attracted five new(prenominal) bids targeting various numbers of blocks, the description said. The announcement of preferred and reserved bidders is expected around Oct. 4, the tale added. Pellet plants must for enfold iron ore mines in Jharkhand ET account that Jharkhand has emerged as the first recite to make it mandatory for companies with jailed iron ore mines to set up pellet plants to utilize their change magnitude deposits of iron ore fines. Avaislability of superfluity iron ore in the state has alike prompted the states industry subdivision to consider providing special incentives for industries to set up pellet plants. The blanket ban on sale of iron ore fines by captive iron ore mines in Jharkhand has resulted in slightly captive mines crowd huge stocks of fines.(Sourced from ET). Update on communicate on JSW nerve Salboni project in WB BL reported that JSW Steel may clear the land-hurdle for its proposed 3 million tonne merged brace plant at Salboni in West Bengal in a weeks time.

The come with has already declared readiness to come by means of financial closure for the estimated INR 20,000 crore project within a cal hold back upar month from resolving the land issue.The plant is set to be practicable in 36 months. NALCO to discharge studies on Indonesia char mines this mo nth forward- feel DELHI: State-run NALCO, ! which plans to set up a 1,250-MW major power project and an aluminum smelter in Indonesia, will complete due industriousness on a proposal for sourcing blacken for the projects by the end of this month, a senior company ordained said. He added that the company has sought 10 million tonnes per annum (MTPA) of combust supply all over a 20-year period and is looking at two coal mines in the East Kalimantan regulate of Indonesia. We are looking at...If you take to get a entire essay, order it on our website: BestEssayCheap.com

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