India's steel exports recorded a double-digit growth of 11 per cent in October compared to the previous month, indicating an improved outlook for the sector, according to data compiled by the Ministry of Steel.
Mining major National Mineral Development Corporation (NMDC) and RailTel Corporation of India signed an agreement covering ICT and Digital Transformation Services of NMDC, both at its Corporate Offices and Mining Complexes, the Ministry of Steel said in a statement.
In future, with the Geo locations, it is also planned to upload other relevant attributes like production capacity, product details etc. of all the units/mines.
SAIL has supplied 48,200 Tonnes of steel for the Purvanchal Expressway which was recently inaugurated by Prime Minister Narendra Modi.
Centre had announced the PLI Scheme for Specialty Steel with a budgetary outlay of Rs 6,322 crore to boost domestic production of ‘Specialty Steel’ by attracting significant investment. The Scheme would be applicable for five indicative product categories including Coated/Plated Steel Products, High Strength/Wear Resistant Steel, Specialty Rails, Alloy Steel Products and Steel Wires and Electrical Steel.
