Steel Ministry urges SAIL and NMDC to explore overseas mining assets to secure long-term raw materials and cut costs.
The Steel Ministry has instructed state-run steelmakers SAIL and NMDC to explore overseas mineral assets. This effort aims to secure long-term raw material supplies necessary for steel production. Indian steelmakers currently rely heavily on imports for cokin…
The Steel Ministry has asked its undertakings, SAIL and NMDC, to explore mineral assets abroad to help secure long-term raw material requirements and support input costs, an official said. Steel Authority of India Ltd (SAIL) is India's largest public sector s…
Shares of Steel Authority of India (SAIL) witnessed a volatile trading session on Monday after the company reported a sharp rise in March quarter earnings, while brokerages remained divided on the sustainability of steel spreads and volume growth outlook.