MoneyWorks4Me

Mideast Integrated Steels closes mining operations at Roida-I

01 Jan 2018 Evaluate

Mideast Integrated Steels (MISL) has closed the mining operations at its mines situated at Roida-I from December 31, 2017 till the time company makes the payment of the compensation, as passed in the order dated August 2, 2017 passed by the Supreme Court in Common Cause vs Union of India & Ors., or its review petition is admitted.

Further, the other operations of company are running in smooth manner and at present it is running its Pig Iron Plant located at Jajpur.

Mideast Integrated Steel operates as a mining company. The company mines iron ore. It also produces iron ore fines, pig iron chips, pencil, runner, plates, and boulders.


Peers
Company Name CMP
Coal India 425.30
NMDC 80.00
Ashapura Minechem 505.70
Sandur Manganese 185.00
GMDC 538.00
View more..