Google Website Translator Gadget

Wednesday, March 9, 2011

Orissa based steel mills meet CM for iron ore solution

Wed, 09 Mar 2011

TNN reported that steel makers in Orissa have demanded the state government should ensure raw material availability at a reasonable price.

As per report, senior persons from several companies, which have set up shop in the state, met Orissa chief minister Mr Naveen Patnaik and sought redress of their grievances.

They complained about problems in accessing iron ore shortage a regulated price and said unless the state government sorted out issues the companies would continue to suffer.

The steel companies urged the state government to facilitate lease of iron ore mines to them in tune with the MoUs signed for establishment of steel mills. They even suggested the state government to ban or restrict export of raw materials to other states and abroad.

The state government should evolve a mechanism to regulate the rate of iron ore and chrome ore, president of All Orissa Steel Federation P L Khandoi, who also heads the Kalinga Nagar Industries Association. Other steelmakers who called on the chief minister included Mr Ratan Jindal of JSL Stainless Limited, Mr Neeraj Singhal of Bhusan Steel and Power Limited, Mr HS Sethy of Essar group and Mr Vishal Agarwal of Visa Steel.

Of the 50 companies that have inked pacts with the state government to establish steel factories in the state, around 30 have already entered into different stages of production. However, most of these companies have been complaining that private mine owners and OMC are selling iron and chrome ore at exorbitant rates, pushing their units to face closure.(sourced :TNN)

Tags : All Orissa Steel Federation, Orissa's iron ore

No comments: