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Constituted in 1964 by the Ministry of Steel, Government of India for formulating guidelines for production, allocation, pricing and distribution of iron and steel materials, Joint Plant Committee (JPC) underwent a major transformation in 1992, when following the de-regulation of Indian steel industry, it moulded itself into a facilitator for industry, focusing on giving form to a ...
SAIL Steel Plant at Bokaro Steel City, Jharkhand a supersize steel plant- The second biggest steel plant in India, which contributes 45% of SAIL's profit . The Iron and Steel industry in India is among the most important industries within the country. India surpassed Japan as the second largest steel producer in January 2019. [1]
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 ...
Salem Steel Plant (SSP) has won the National Sustainability Award for the 6th time in succession and 13th time since inception of the award from Indian Institute of Metals (IIM)- 2011 [30] Of the 33 Prime Minister's Shram Awards announced for 2010 by the Ministry of Labour, Government of India, 17 of which went to PSUs, SAIL employees won 11 ...
NMDC set up a 3 MTPA capacity greenfield Nagarnar Steel Plant based on HiSmelt technology, 16 km from Jagdalpur in Chhattisgarh state, with an estimated outlay of Rs 20000 crore. [ 7 ] [ 5 ] A pure-play miner, NMDC had in 2009–10 conceived the Nagarnar steel plant with the intention of moving up the value chain and diversifying its portfolio.
The report admits that its analysis is based on nominal numbers using 2007 basis, that it assumes constant steel prices at $450 per tonne through the year 2040, and ignores the effect of inflation in steel prices or in Indian economy. The carbon steel prices between January and July 2011 ranged between $815 and $910 per tonne. [19]
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State Trading Corporation of India: 1956 Ministry of Commerce & Industry D/o Commerce: Services Trading & Marketing Miniratna Category - I 176 Steel Authority of India Limited: 1973 Ministry of Steel: Manufacturing Steel Maharatna 177 Talcher-II Transmission Company: 2007 Ministry of Power: New Delhi: 178 Tamil Nadu Trade Promotion Organisation ...