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Steel Plants Operating under SAIL 

Steel Authority of India Limited (SAIL) has five Integrated Steel Plants viz. Bhilai Steel Plant (BSP), Durgapur Steel Plant (DSP), Rourkela Steel Plant (RSP), Bokaro Steel Plant (BSL) and IISCO Steel Plant (ISP) and three Special Steel Plants viz. Alloy Steels Plant (ASP), Salem Steel Plant (SSP) and Visvesvaraya Iron and Steel Plant (VISP). The Saleable Steel production of these ...

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CSR activities by CPSEs under Ministry of Steel 

As per the Companies Act, 2013, Central Public Sector Enterprises (CPSEs) under Ministry of Steel earmark at least 2% of the average net profits made during the three immediately preceding financial years for Corporate Social Responsibility (CSR) activities. Unspent balance for the previous year, if any, is carried forward to the next year for utilisation for the purpose for which ...

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Steel Plants 

The State-wise number and details of the Steel plants established by the Government and other enterprises in the country at present are given at Annexure. To promote a Steel SPV in the state of  Jharkhand, an MoU between Ministry of Steel, Government of Jharkhand and NMDC was signed on 28th June, 2015.  Owing to non-allocation of captive iron ore mining lease by ...

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Policy to Increase Export of Steel 

Export incentive schemes of Ministry of Commerce & Industry are aimed at incentivising merchandise exports including steel. Over the last three years, steel imports from China have come down from 2.163 Million MT to 1.562 Million MT.  This is a result of imposition of Antidumping and Countervailing measures on Chinese steel imports. Steel being a deregulated sector, specific decision on ...

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Steel Production and Export 

Export and import are dynamic situation which keep fluctuating based on factors like cost of raw material, exchange rate, domestic demand, international price of steel, inventory stocking/destocking, demand in global market and competitiveness. India’s exports declined by 23.1 percent to 0.598 million tonnes as shown under:   Total Finished Steel (alloy/stainless+ non-alloy) Export (mt) Year Qty %change over last year ...

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38 Moussigned at Bhubaneswar Steel Conclave 

Capital Goods(CG) producers from across the globeinked 38 MoUs with Indian steel companies which will reduce imports for the steel sector worthRs 39,400 crore.TheMoUs were signed at a Conclave in Bhubaneswar today which wasorganized by Ministry of Steel, Government of India, in association with Confederation of Indian Industry (CII) and MECON. The National Steel Policy – 2017 envisages creation of ...

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Conclave on Capital Goods in Steel Sector in Bhubaneswar 

Ministry of Steel is organising a Conclave on “Capital goods in Steel sector: Manufacture in India” in Bhubaneswar, Odisha, on 23rd October 2018. Briefing mediapersons in New Delhi, today Union Steel Minister, Chaudhary Birender Singh, said that this Conclave is an initiative of Ministry of Steel to promote domestic capacity and capability building and manufacturing of capital goods in the steel ...

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Sail’s Strategic Approach to Improve Operational Profitability helps Margins 

Chairman and Managing Director, SAIL Saraswati Prasad has said the persistent strategic approach to improve operational profitability assisted SAIL to improve the EBIDTA in FY’18 to Rs 5,184 Crore, a substantial increase over FY’17. He said this while addressing the shareholders of Steel Authority of India Ltd. (SAIL) on Company’s 46th Annual General Meeting held here today. He added that the improved operational ...

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Binoy Kumar Assumes Charge of Secretary in Steel Ministry 

  Binoy Kumar, has taken over as Secretary, Ministry of Steel, Government of India, here today. He had been posted as Officer on Special Duty in the Ministry since 21st May 2018. Prior to this, Binoy Kumar held the post of Special Secretary, Logistics, in the Department of Commerce, where he continued to hold additional charge till 31st July 2018. ...

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LIST  OF STEEL PLANTS( ODISHA )TEMPORARILY CLOSED/STOPPED PRODUCTION

LIST  OF STEEL PLANTS ODISHA TEMPORARILY CLOSED/STOPPED PRODUCTION     SL NO   COMPANY   DISTRICT   LOCATION Approved CAPACITY IN MTPA INSTALL CAPACITY IN MTPA   CLOSE w.e.f 1 ACTION ISPAT AND POWER(P)LTD. JHARSUGUDA PANDIRIIPATHAR AND MARAKUTA 0.80 0.25 01.10.2016 2 DEEPAK STEEL & POWER LIMITED KEONJHAR TOPDIHI,BARBIL 0.25 0.25 2013-14 3 JAIN STEEL & POWER LIMITED JHARSUGUDA DURIAGA ...

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