Search results
Results From The WOW.Com Content Network
These prices are more an indication than an actual exchange price. Unlike the prices on an exchange, pricing providers tend to give a weekly or bi-weekly price. For each commodity they quote a range (low and high price) which reflect the buying and selling about 9-fold due to China's transition from light to heavy industry and its focus on ...
As per worldsteel, India's crude steel production in 2018 was at 106.5 million tonnes (MT), 4.9% increase from 101.5 MT in 2017, which means that India overtook Japan as the world's second largest steel production country. Japan produced 104.3 MT in year 2018, decrease of 0.3% compared to year 2017.
RINL operates a 7.3 million tonne per annum capacity steel plant in Visakhapatnam. [13] The Visakhapatnam Steel Plant is the integrated steel plant founded in 1982 that focuses on producing value-added steel, producing 5.773 million tonnes of hot metal, 5.272 million tonnes of crude steel and 5.138 million tonnes of saleable steel in the 2021 ...
The Ministry of Steel is an executive branch agency of the Government of India that is responsible for formulating all policies regarding steel production, distribution and pricing in India. [2] As of June 2024, the ministry is headed by a Secretary Rank IAS officer, who is its administrative head, while the political head is a minister of ...
[25] [26] At the time of acquisition, NatSteel had a capacity of about 2 million tonnes per annum of finished steel. [26] [27] Millennium Steel in 2005: Tata Steel acquired a majority stake in the Thailand-based steelmaker Millennium Steel for a total cost of $130 million. It paid US$73 million to Siam Cement for a 40% stake and offered to pay ...
Bhilai Steel Plant is raising its capacity of steel production through modernization and new projects. The major upcoming project is the commissioning of a giant blast furnace 4,060 cubic meters in volume, with a hot metal production capacity of 8,000 tonnes per day.
Mjunction services limited operating in Information Technology and the Internet, is a 50:50 venture promoted by SAIL and TATA Steel. Founded in February 2001, it is today not only India's largest eCommerce company (having eTransacted worth over Rs. 900 billion till date) but also runs the world's largest eMarketplace for steel. [15]
The older United States Standard Gauge is based upon 40 lb per square foot per inch thick. Gauge is defined differently for ferrous (iron-based) and non-ferrous metals (e.g. aluminium and brass). The gauge thicknesses shown in column 2 (U.S. standard sheet and plate iron and steel decimal inch (mm)) seem somewhat arbitrary.