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Steel companies urge govt to expedite lease renewal of iron ore mines | Ranchi News

The manufacturers have estimated that steel production in Jharkhand has dropped by nearly 26% from the last fiscal. RANCHI: At a time when the state government is attempting to woo investors in automobile, food processing, apparel and other sectors through the newly approved Jharkhand Industrial and Investment Policy of 2021, a major chunk of the state’s steel manufacturers, who do not have captive iron ore mines, have sought the government’s intervention in ensuring seamless supply of raw material for production. Front-ranking steel manufacturing companies based in Bokaro and Giridih, which manufacture pellets, iron wires, duct pipes and TMT bars, have claimed their production is being hampered due to the state mining department’s delay in renewing the leases of the state’s merchant iron ore mines.

As demand drops, BSL curtails O2 supply to 11 states | Ranchi News

Bokaro: As Covid-19 cases have reduced considerably throughout the country and the demand for oxygen has gone down, the Bokaro Steel Limited (BSL) has curtailed its supply of liquid medical oxygen to 11 states. BSL’s chief of communication Manikant Dhan said, “BSL had supplied 7,375 MT of liquid medical oxygen to 11 states when the second wave of the pandemic was at its peak in May. But now the demand has gone down and last month, BSL had to supply only 601MT of oxygen to three states Bihar (105 MT), Uttar Pradesh (210 MT) and Madhya Pradesh (80 MT).” Upon directives of the Union ministry of steel, all the five units of Steel Authority of India Limited had diverted their liquid oxygen for medical use. BSL had to supply oxygen to Punjab, Haryana, Delhi, Bihar, Madhya Pradesh, Uttar Pradesh, West Bengal, Assam, Maharashtra, Andhra Pradesh and Tamil Nadu.

Bokaro steel incurs losses in day-long protest against pay revision

Bokaro steel incurs losses in day-long protest against pay revision
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