Tata Steel has executed a blockchain enabled paperless export order with a metal firm in Bangladesh. This makes it the first such deal executed between an India based company and a counterparty in Bangladesh assisted by different banks at respective ends.
26 Nov, 2021 - Special Correspondent
Times of India reported that state owned ONGC on October 22 has advanced the date of awarding contract for USD 500 million ONGC project by five days to January 20, 2022 before the mandatory domestic purchase policy for iron and steel products was to kick in for the project to restrict domestic pipe
26 Nov, 2021 - Special Correspondent
JSW Steel announced that it has acquired West Waves Maritime & Allied Services Pvt Ltd for a consideration of INR 30.67 lakh. The acquisition was done by JSW steel’s subsidiary Piombino Steel Ltd
Hoa Phat Metal Producing Company Limited’s sales of prestressed steels, PC Bar & PC Strand, reached nearly 75,000 tonnes in the first 10 months of 2021.
Tata Steel’s Ores, Mines & Quarries Division has set up 8 million tonne per annum crushing and washing plant at its captive Khondbond Iron and Manganese Mine near Joda in Keonjhar district of Odisha.
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