JSW Steel, Tata Steel, Steel Authority of India, Bhushan Steel, Essar Steel, Jindal Steel & Power, and Rashtriya Ispat Nigam are among the top producers of the alloy in the domestic market With iron ore prices on the rise and domestic demand expected to pick up from mid-April, steel producers have raised product prices by Rs 1,000 a tonne from March 15 and are gearing up for another hike by the same quantum from the next month. “Domestic steel firms, at a closed-door meeting held 10 ... Rediff.com, 1 month ago
Keen to reduce debt, banks get tough with large borrowers - Rediff.com, 2 months ago
Tough times ahead for India's steel producers - Rediff.com, 2 months ago
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Earlier, the lenders, together holding 51 percent in Monnet Ispat, had converted Rs 350 crore of debt in the company to equity. Monnet has a total debt of over Rs 9,000 crore.Money Control, 2 months ago JSW Steel sole bidder for Monnet Ispat Business Standard, 2 months ago
Sajjan Jindal-led JSW Steel has made an offer to buy controlling stake in Monnet Ispat & Energy Ltd through the strategic debt restructuring (SDR) route.DNA, 1 month ago
The government is examining the possibility of country's largest steel maker SAIL undertaking 'operation and maintenance' of ailing Monnet Ispat & Energy Ltd till the lenders are able to find a buyer for the company. According to a government official, ...Business Standard, 1 month ago
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