Higher local demand may hurt steel exports in FY21

Exports of finished steel during the April-December period of the ongoing fiscal year increased marginally to 6.5 million tonnes from 6.36 mt in the same period last year, according to provisional figures released by the Joint Plant Committee, an authoritative and independent source of information a

Odisha Slurry Pipeline lenders plan to stick with ArcelorMittal’s bid

Thriveni’s upgraded offer of ?4000 crore for the asset appears to have left the lenders unmoved Earlier this month, Tamil Nadu-based Thriveni Earthmovers had raised its offer for the distressed iron ore slurry pipeline to Rs.4,000 crore Lenders to Odisha Slurry Pipeline Infrastructure Ltd (OSPIL)