India's demand for coking coal, used in steelmaking, is growing at a faster clip, and the country imports the bulk of its requirements from Australia. India's overall coking coal imports total 50-55 million tonnes, with overseas purchases rising 4% annually.
· Mining automation market braced for mini-boom. According to recent research, the mining automation market is expected to be worth $ by 2022, growing at a CAGR of % between 2022 and 2022. Key drivers of this growth include an increased emphasis on worker safety, improving productivity and reducing overall operational costs.
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· The cabinet, headed by Prime Minister Narendra Modi, has approved 100% FDI through automatic route for coal mining along with associated processing infrastructure and sale of coal, according to an official statement released late Wednesday. Associated processing infrastructure would include coal washeries, crushing, coal handling and separation. The FDI
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· Since long-term capital gains (LTCG) are made by the well-to-do people, it doesn't make any sense to reduce or remove the tax, said a top official of
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For a BOF firm, the average cost per ton of capacity is $1,100, while the cost for an EAF mini mill per ton of capacity is only $300. The barrier for entry is thus lower for EAF firms, which can in part explain the rise of such "minimills" in India over the last decade with over 300 small players across the length and breadth of the country.
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· Odisha Chief Minister Naveen Patnaik on June 22, 2022 written to the then Coal and Mines Minister Ravi Shankar Prasad for allotment of the Utkal B-1 mine to JSPL by cancelling an earlier allotment
· Coal India Ltd. said its output had risen to million tons a day over the past four days, up from million at the end of September. The
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Investment Facilitation & Make in India. 1. INTRODUCTION. India is currently the world's 2nd largest producer of crude steel in January- December, 2022, producing Million tonnes (MT) (provisional) crude steel with growth rate % over
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· The son-in-law of India's biggest steel tycoon is betting big on converting coal tar into graphite anodes for electric-car batteries in a bid to
The coal is charged inside the melter gasifier, so even non-coking coal can be used, which makes a coking plant unnecessary. The high dome temperature exceeds 1,000°C, resulting in cracking of the coal's relieved hydrocarbons and avoiding the formation of tar. The cost of Corex coal is approximately 40% lower than for coal used in blast furnaces.
· India has world class production in spinning, but weaving supplies low quality of fabric. The handspun khadi provides large scale employment to weavers in their homes as a cottage industry. India exports yam to Japan and cotton goods to USA, UK, Russia, France, East European countries, Nepal, Singapore, Sri Lanka and African countries. Question 13.
In June 2022, Minister of Steel & Petroleum & Natural Gas Mr. Dharmendra Pradhan addressed the webinar on 'Making Eastern India a manufacturing hub with respect to metallurgical industries', organised by the Indian Institute of Metals. In 2022, 'Mission Purvodaya' was launched to accelerate development of the eastern states of India (Odisha, Jharkhand,
India's leading steel mills have announced a downward price correction. What led to the revision? Global steel prices have been correcting for around a month now, dragged down by lower thermal and coking coal and met coke prices, exerting pressure on domestic Creating a level-playing field and easy finance are vital. Commercial steel production in India