MWI Bureau

The steel ministry of India on Monday had asked the management of PSU’s not to cut down production in a meeting held to take control of the situation amid the coronavirus outbreak. The meeting was chaired by the Steel Secretary Binoy Kumar, via video-conferencing, with the senior officials of SAIL, RINL, NMDC, MOIL, and KIOCL among others.

New research of COVID-19 suggests that the novel coronavirus can survive hours even days on certain surfaces. The new coronavirus can survive for several hours in air particles and last days on surfaces, according to the study published by the New England Journal of Medicine. 


ArcelorMittal USA is taking all precautions to protect the health and well being of their employees, contractors, vendors and customers so as to ensure the sustainability of their business. While the company has decided to keep their offices remain open but the company is taking measures in order to ensure safety of their families, operations, customers, and visitors.

Early CC attempts such as the direct strip casting trials were performed by Sir Henry Bessemer in 1856. Later he implemented a stoppered tundish for slag retention. He had used a 10-by-10-inch mold beneath the tundish and a hydraulic ram was introduced to push the ingot upward for an intended direct rolling of the ingot without the use of reheating.

Domestic virus outbreak will decline the consumption, halt the price uptrend and impart pressure for a price cut in the coming months, keeping in mind the macroeconomic headwinds.

As per the reports released, the State Government is contemplating to sign a Memorandum of Understanding with the South Korean Steel maker Hyundai Steel Company. Hyundai Steel Company will become a partner with the A.P. Mineral Development Corporation and A.P. High Grade Steels Limited to establish an integrated steel plant at Kadapa district.

The auctioning of iron ore mining has gone halfway through and the current auctioning marks the end of the existing regime. Presently, auctioning and bidding process has been completed for 10 mines.

Mr. Anil Kumar Jha has been appointed as the Chairman of Jindal Power Ltd (JPL), a subsidiary of Jindal Steel and Power Ltd (JSPL). Mr. Jha, a veteran of the mining industry, is a former chairman of Coal India Ltd (CIL). 
Mr. Jha began his journey with Coal India Limited as a Junior Executive (Trainee) at Topa Colliery in Central Coalfields Limited in July 1983. He has held several leadership positions in higher position rising to the level of chairman cum managing director of Coal India Limited on November 1, 2015. Apart from being a mining graduate he also holds a M Tech degree from Indian School of Mines (ISM) Dhanbad.

UK-based steel magnate Sanjeev Gupta announced the acquisition of a bankrupt steel companies AdhunikMetaliks and Zion Steel, marking its first foray into India by his GFG Alliance following previous failed attempts.

State owned coal miner, Coal India Limited’s coal production dropped by 4 percent to 451.5 million tonne (MT) in the current financial year so far, as compared to 469.6 MT produced in the same period last fiscal. 
 Coal dispatch by the company declined 5 per cent in the April-January 2019-20 period and Offtake also declined 4.8 per cent to 473.3 million tonnes.