02
Mar
00:00
New India budget allocates less to Sail capex, but more to Vizag Steel, NMDC
India’s fiscal year 2015/16 budget has allocated INR 13,070 crore ($2.1 billion) to investment in public steel enterprises, down from INR 13,265 last year, Kallanish learns from the Indian government.
Major steelmaker Steel Authority of India (Sail) will see 4% year-on-year less capital expenditure at INR 7,500 crore. This will be to modernise and expand its Bhilai Steel, Durgapur Steel, Rourkela Steel, Bokaro Steel and IISCO Steel plants, as well enha…
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Anonymous
Very good overview of the weekly steel market.
Anonymous