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SAIL unit, Durgapur Steel Plant (DSP), recorded a five per cent steel output growth in the first half of 2012-13 against the first-half production of the previous year.

Durgapur Steel Plant, a unit of SAIL, on Wednesday met a number of downstream coal chemical (tar and benzol products) users in an interactive session.

New Delhi The Steel Ministry today said Posco and Severstal cannot have majority stakes in their proposed joint ventures with state-run SAIL and NMDC respectively, envisaging a total investment of Rs 36,000 crore.

"Talks are going on. There are problems in regards to the shareholding. But, we can't give them land, we can't give them all facilities, and still have the minority shareholdings in the ventures," Steel Minister Beni Prasad Verma said.

The central government has banned states from allowing sale or export of iron ore by companies granted mining leases for own steel production.

Biting the fuel price hike bullet, the Manmohan Singh government today decided to increase diesel prices by Rs 5 per litre but left kerosene and petrol prices untouched.

Ahir alleges 2 ‘Coal To Liquid’ project allocated in 2009 without panel nod

The state government had offered lucrative packages to sponge iron units to switch to coal-bed methane (CBM) as an alternate fuel, but none of the units came up with a proposal, rued state environm

Durgapur Steel Plant of SAIL achieved record August performance since its inception in all important product categories.

Battalions of para-military forces will stand guard around the naxal-affected mines of India’s iconic Bhilai steel plant as government workers slog it out in the pits.

Faced with stiff margins pressure in iron ore fines exports due to poor demand and higher transportation cost and taxes, most of the miners of the state are now planning to foray into pellet production to cater to the rising demand of the domestic steel industry for the commodity.

“Iron ore fines exports have come down to a level that is a fraction of what it used be a couple of years ago. Fines were being shipped out as the Indian steel industry did not have the technology to use it.

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