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India Coal Mining Investment : India Nation Mining Company, CIL Plans To Complete Coal Mine Acquisition This Year
Coal India Ltd., the nation’s monopoly producer of the fuel, said it expects to complete a mine acquisition in the year ending March 31, and has hired Royal Bank of Canada to carry out due diligence on a deposit in Australia.
Analysis Industry Steel And Fluctuation Of Demand And The Price Of Steel Sale
Citinank analysts, steel consumption is likely to grow but at a moderate pace over the next two years.
While contract prices have declined given the recent fall in international prices, they are still higher on a year-on-year basis.
Meanwhile, domestic steel companies are likely to continue acquisitions abroad, focusing on the mining sector, in an effort to [...]
