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A pure-play miner, NMDC had in 2009–10 conceived the Nagarnar steel plant with the intention of moving up the value chain and diversifying its portfolio. The idea was also to hedge itself against the vagaries of iron ore prices. [8] [9] The plant site is around 16 km from Jagdalpur and 6 km from the Odisha–Chattishgarh border.
NMDC Steel Limited (NSL) is NMDC’s 3 MTPA integrated steel plant at Nagarnar in Chhattisgarh.The now demerged company NMDC Steel Limited is a central public sector enterprise with a paid-up capital of Rs. 2,930 crores owned by the Government of India, under the administrative control of the Ministry of Steel.
NMDC may refer to: Namibia Movement for Democratic Change , a political party in Namibia National Mineral Development Corporation , a state-controlled mineral producer of the Government of India
The plant was stopped in 2011 but in 2014, it resumed producing and exporting pellets, running on ores supplied by NMDC Limited. [4] The pellets have been shipped to countries like China, Iran, Japan, and Taiwan. In 2017, there were plans to restart captive mining operations, now at Sanduru in the Bellary district. [5] [2]
A chart of accounts (COA) is a list of financial accounts and reference numbers, grouped into categories, such as assets, liabilities, equity, revenue and expenses, and used for recording transactions in the organization's general ledger. Accounts may be associated with an identifier (account number) and a caption or header and are coded by ...
If the market price increases after their purchases, they will get the full amount of the price increase. However, if the market price decreases, they will likely be able to sell to the limit order trader, for only a one cent loss. This type of trading is probably not illegal, and in any case, a law against it would be very difficult to enforce ...
U.S. stocks clawed back by the end of the day some of Monday's steep losses made after a Chinese startup's artificial intelligence model sowed doubts about the U.S. approach to building AI ...
An OHLC chart, with a moving average and Bollinger bands superimposed. An open-high-low-close chart (OHLC) is a type of chart typically used in technical analysis to illustrate movements in the price of a financial instrument over time. Each vertical line on the chart shows the price range (the highest and lowest prices) over one unit of time ...