Arcelor Mittal-Nippon Steel seeks support from the government for expansion

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Hazira-based Arcelor Mittal-Nippon Steel (AM-NS) has approached Indian government, seeking specific policy support to an ambitious plan to expand its steel-making capacity in India with “significant investments”. The L.N. Mittal-owned company is evaluating an option of setting up a large green-field facility in eastern India, but may also opt for further expansion through the inorganic […]

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India’s crude oil imports rise 5.5% in August; LNG imports rise 9.1% in July this year

India’s crude oil imports rose 5.5 per cent from a year earlier to 19.66 million tonnes, and increased by about 1.7 per cent from July’s 19.34 million tonnes. It was the most imported since April, latest data from the oil ministry’s Petroleum Planning and Analysis Cell (PPAC) showed. Imports of oil products jumped by about […]

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