Archive for January, 2010

Steel and mines ministries should be merged – Steel Minister

Thursday, January 21st, 2010

Indian Express reported that Mr BK Handique Indian union minister of mines has taken a swipe at his steel counterpart Mr Virbhadra Singh saying his suggestion that the government club mines along with steel indicated Mr Singh’s bid to encroach upon another’s territory and almost sounded like illegal mining.

Mr Handique said referring to Mr Singh’s views that the government, in its wisdom, decides the work allocation. All ministries understand their limitations and work to their best abilities.

Mr Singh had said in the Idea Exchange program at The Indian Express on December 29th 2009 that “Ideally, the steel and mines ministries should be merged. This is my personal view. If not merged, at least the power to grant mining leases for iron ore and other minerals used by the steel industry should be transferred to the steel ministry.”

As of now, mining leases are granted by states but they have to secure the mines ministry’s prior approval. Since iron ore, manganese and chrome are used largely as inputs for the steel industry, Mr Singh suggested that the power to grant leases must vest with his ministry.

(Sourced from Indian Express)

Steel ministry armtwists Steel Authority of India

Thursday, January 21st, 2010

Tisco Aims For 15MT By 2010, Eyes Overseas Acquisitions

Wednesday, January 13th, 2010

Tata Steel defers two greenfield projects

Wednesday, January 13th, 2010

POSCO gets forest land approval for India plant

Friday, January 1st, 2010

Flat steel in India to cost more from January

Friday, January 1st, 2010