national steel policy Current Affairs, GK & News

SAIL enters 100 most-valued Indian firms list

May 5, 2021

The stock of SAIL increased to a nine year high of Rs 135.60 on the BSE. In the last six weeks, the stocks of SAIL has increased by 85%. It has entered the hundred most valued Indian firms list. SAIL SAIL is Steel Authority of Indian Limited. It operates under Ministry of Steel. The annual ..

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‘Specialty Steel’ included under the PLI Scheme

February 11, 2021

The Union Minister for Steel, Shri Dharmendra Pradhan, said in a written reply in Parliament that the Government has given its approval for inclusion of ‘Specialty Steel’ under the Production Linked Incentive (PLI) Scheme. Highlights For this purpose, a 5-year financial outlay of Rs 6322 Cr has also been approved. This move was taken by ..

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Atal Tunnel: 9,000 tonnes of steel supplied by SAIL

October 3, 2020

On October 3, 2020, PM Modi is to inaugurate the Atal Tunnel, the world longest high-altitude tunnel. It is the world’s longest tunnel to be located above the altitude of 10,000 feet (3,000 feet). About the Tunnel The tunnel is 9.02 km long. The tunnel reduces the distance between Manali and Leh by 46 km. ..

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World Steel report: India’s steel output declined by 65%

May 25, 2020

On May 24, 2020, the World Steel Association released the World Steel Report. According to the report, the crude steel report of India declined by 65%. During April 2020, the steel output of India was 3.13 million tonnes. Highlights In April 2019, according to the report, India produced 9.02 million tonnes. In March 2020, India ..

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India Russia to sign MoU on Coking Coal

May 8, 2020

On May 7, 2020, Indian Petroleum Minister Shri Dharmendra Pradhan and Russian Energy Minister alexander Novak held a meeting through video conference. The ministers reviewed ongoing projects. Highlights The ministers emphasized on the cooperation in coking sector. They also held talks about signing a Memorandum of Understanding on Coking coal. The Russian minister briefed about ..

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Mission Purvodaya: India-Japan join hands to make Odisha a Steel Hub

February 29, 2020

On February 28, 2020, the Union Minister of Steel announced at a workshop organized by Confederation of Indian Industries (CII) that GoI is to make Odisha the steel hub of India. This is to be achieved by the Government with the help of Japan. Highlights Odisha has been selected to establish steel hub due to ..

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