Blog

Easing lock down measures, lower logistical constraints and demand pick up has boosted sentiments in Indian domestic steel market. India’s finished steel production and apparent steel consumption increased by 16% and 13% respectively in Jun’20 against May’20 signalling optimistic market...
  • August 1, 2020
  • 0 Comment
Read More
With the easing of lockdown, how has the scenario changed for the steel industry in India and overseas? Where are the opportunities and challenges at this juncture? The government has also announced a slew of measures. How will steel benefit...
  • July 13, 2020
  • 0 Comment
Read More
Odisha’s iron ore mining industry is undergoing a turnaround. On one side, the auctioned mining leases whose tenure lapsed on 31 Mar’20, have stopped production as per MMDR Amendment Act. While on the other side, despite the Centre extending the...
  • June 29, 2020
  • 1 Comment
Read More
In the global shipbreaking market, South Asia has been referred to as the “World’s Ship Scrapping Yard”, with India, Bangladesh and Pakistan collectively dismantling and processing 73% of the total scrapped vessels dismantled globally in FY 2020 (Apr’19-Mar’20). As the...
  • June 23, 2020
  • 0 Comment
Read More
In the wake of escalating concerns over declining coal demand, we catch up with Coal India subsidiary ECL — the company that inherited all the private sector coal mines of Raniganj Coalfields. Join us live on Friday, 19th June at...
  • June 17, 2020
  • 0 Comment
Read More
The tête-à-tête with Mr Pradosh Kumar Rath, Chairman-cum-MD of RINL explores the current situation in the domestic steel industry now that the Covid-19 lockdown is being eased in the country and how soon can demand return for mills to tap...
  • June 15, 2020
  • 0 Comment
Read More
Join us and Dr Jan Paul Lampke, Head of Sales & Projects, Haver Engineering Gmbh, for a live webinar on Monday, 15th June at 03:00 PM (IST), 5:30 PM (Singapore time), 1:30 PM (Dubai Time), as he explains how SCARABAEUS®...
  • June 10, 2020
  • 0 Comment
Read More
Steelmakers in Pakistan, Bangladesh and India faced many challenges over the last 2 months due to COVID-19 lockdown, including having to suspend operations, difficulty in transporting raw materials, managing inventories and lack of demand in market etc. Consequently, the imported...
  • June 3, 2020
  • 0 Comment
Read More
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
  • 0 Comment
Read More
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
  • 0 Comment
Read More
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
  • 0 Comment
Read More
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
  • 3 Comments
Read More
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
  • 0 Comment
Read More
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
  • 0 Comment
Read More
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
  • 0 Comment
Read More
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
  • 0 Comment
Read More
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
  • 1 Comment
Read More
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
  • 2 Comments
Read More
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
  • 2 Comments
Read More
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
  • 0 Comment
Read More
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
  • 0 Comment
Read More
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
  • 0 Comment
Read More
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
  • 0 Comment
Read More
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
  • 0 Comment
Read More
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
  • 0 Comment
Read More
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
  • 9 Comments
Read More
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
  • 0 Comment
Read More
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
  • 0 Comment
Read More
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
  • 2 Comments
Read More
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
  • 0 Comment
Read More