Blog

Join us and Mr. Paolo Stagnoli, Head of Proposal Engineering, Tenova, for a live webinar on Friday, 29 May at 03:00 PM (IST), 5:30 PM (Singapore time), 1:30 PM (Dubai Time) to learn how Tenova’s innovation in EAF are pushing...
  • May 27, 2020
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Secondary steel producers account for 35% of India’s total steel production of 110 million tonnes annually. Naturally, their substantial stake in the steel game impacts the demand, supply and prices in the domestic and foreign markets. At present, reeling under...
  • May 20, 2020
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Md. Zafar Alam, Jt Secretary, Govt of Bangladesh, is Member (Admin and Planning) at the Chittagong Port Authority. In a recent interview to SteelMint, Mr Alam revealed about the expansion plans of Chittagong port to ease imports by steel and...
  • March 2, 2020
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Bangladesh’s steel industry is growing at a rapid pace on the back of increasing steel demand for the mega infrastructure projects lined up in the country in this decade. To meet the expeditious growth in demand, many large and medium...
  • February 17, 2020
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The Ministry of Mines has invited comments/suggestions on draft Minerals (Other than Atomic and Hydro Carbons Energy Minerals) Concession Amendment Rules, 2020 and draft Mineral (Auction) Amendment Rules, 2020. The Ministry has invited suggestions from the general public, Government of...
  • February 17, 2020
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After winning four iron ore mines so far in Odisha auctions 2020 (2 captive & 2 merchant), JSW Steel has occupied a share of 21% in Odisha’s merchant iron ore supplies. Other major merchant suppliers are – OMC, Serajuddin &...
  • February 9, 2020
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Mr Zahirul Islam is a Director at PHP Family and MD of PHP Ship Breaking and Recycling Ind. Ltd. and PHP Ispat Ltd, overseeing the operations of the Long Steel and Recycled steel divisions of the PHP family. He shared...
  • February 7, 2020
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Barapukuria Coal Mining Company (BCMCL), operator of the first and sole coal mine of Bangladesh, has reported a decrease of 13% in annual coal production during FY19. The company recorded 805,695.63 MT coal output in FY19 as against 923,276.08 MT...
  • February 6, 2020
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Last week to this week, the state government auctioned four mines (two captive and two merchant). The auctions received aggressive bids. The first block that was auctioned on 29th January for Nuagaon mines (reserves 792.93 MnT), was won by JSW...
  • February 4, 2020
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The much awaited Odisha mine auctions 2020 is well underway. State govt has started technical bidding for Nuagaon iron ore mine block on 29th Jan’20. As per sources, six companies namely – Rungta Sons Ltd, Arcelor Mittal India Pvt Ltd,...
  • January 31, 2020
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Bangladesh steel industry is currently growing at a staggering rate, primarily due to the rising steel demand in the country on account of several large infrastructural projects in the pipeline for this decade. Presently there are several expansion plans underway...
  • January 29, 2020
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With the iron ore mine auctions – 2020 edging closer to their end, Indian steel industry is tightening its seat belts to factor in the biggest transition in the history of Indian mining. To understand the changing demand-supply dynamics, current...
  • January 27, 2020
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Indian sponge Iron (DRI) exports to Bangladesh have witnessed a sharp  growth in CY 2019, on the back of rising steel melting capacities in Bangladesh consistently pulling up the DRI demand. On an overall basis, India’s sponge Iron exports increased...
  • January 20, 2020
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GPH Ispat, one of the major steelmakers based in Chittagong, Bangladesh was long waiting the operationalizing of their Quantum Electric Arc Furnace, the first of its kind the region, at their new steel plant in Sitakunda region. The steelmaker yesterday,...
  • January 16, 2020
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Bangladesh has started operations at its newly constructed Payra coal-fired plant, which is envisaged as the first power project to run on imported coal in the country. The Payra Plant has been implemented under Bangladesh-China Power Company (BCPCL), a special...
  • January 16, 2020
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Bangladesh’s rapid economic growth has increased the demand for electricity. But the country’s power generation plants have been unable to meet customer demand over the past decade. Bangladesh has a population of about 165 million, and in the rural areas,...
  • January 15, 2020
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Mr. Satadri Chanda, Executive Director of Megatherm since 2016, shared his views about the induction furnace market in Bangladesh and future prospects of the company’s new energy-efficient “green induction furnace” in the emerging steel industry of this country. Below is an edited excerpt...
  • January 13, 2020
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India government has notified the amended mining law which allows the seamless transfer of regulatory approvals like forest and environmental clearances to new owners of operational iron ore mines. This ordinance will come in effect from 10th Jan 2020. Download...
  • January 11, 2020
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Government of Bangladesh has intended to develop a coal terminal at Payra port to facilitate coal movement for its upcoming power station, by appointing private participants to carry out the expansion work. Payra, the third sea port of Bangladesh situated...
  • January 8, 2020
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Dr. Vinod Nowal, deputy managing director and non-independent executive director of JSW Steel Ltd is ready to set his foot into a new terrain, one that will colour his boots a rusty red. With JSW’s technical bids for six mines...
  • January 7, 2020
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The Odisha government has started afresh the process of mineral block auctions 2020. The deadline for bid submission was on 03 Jan’2020. Out of 20 iron ore and manganese ore mines put up for auction, 18 mines were containing iron...
  • January 5, 2020
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The Odisha government will issue Notice Inviting Tenders (NITs) in respect of nine virgin or freehold mineral blocks tentatively towards the second week of February. The said blocks will be offered for electronic auctions after the successful completion of auction...
  • January 4, 2020
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One of the emerging steel markets – Bangladesh is rising up to be a major importer of bulk steel coil for raw material in its cold rolling and galvanizing industries. According to data maintained with SteelMint, in Nov’19, Bangladesh’s bulk...
  • January 3, 2020
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With the dates of 2020 auction edging closer, Indian iron & steel industry is drawing up plans to make up for iron ore supply disruption. India’s largest iron ore producing state – Odisha has lined up auction for 20 iron...
  • December 30, 2019
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The Indian Bureau of Mines (IBM), Ministry of Mines, Government of India approved the Mining Plan of NMDC to enhance the production of iron ore from Kumaraswamy Iron Ore Mines from present level of 7 million tonnes per annum to...
  • December 18, 2019
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The Odisha government has called to start afresh the process of mineral block auctions on 06 Dec’19 and it is expected to restore sanity in the system of online bidding. Moreover, the revised tender rules are set to promote equal...
  • December 17, 2019
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Odisha govt finds fresh EC (Environmental Clearance) directive unacceptable. Miners feel transition delay will be only of six months A new directive, issued on November 29, by the Union Ministry of Mines, seems to have whipped up a controversy. As...
  • December 6, 2019
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Bangladesh is one of the largest ship-breaking and recycling hubs in the world, which forms an important source of ferrous scrap to the country’s increasingly scrap-dependent steel industry. Bangladesh is on a course of surpassing India to become the country...
  • November 30, 2019
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Domestic coal supplies in Bangladesh has been under scrutiny ever since government’s decision to halt coal sales to the local industries was imposed back in Mar’18, which have paved way for subsequent higher coal imports. Incidentally, Coal Shipments taken by...
  • November 29, 2019
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In order to mitigate the demand-supply gap, Bangladesh has planned a massive expansion in power sector to cater its rising electricity demand. The road-map prepared by the government envisage around 17,304 MW new generation capacity addition by 2023. Incidentally, power...
  • November 25, 2019
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