Arun Kumar Jagatramka

"Gujarat NRE has received approval from its shareholders for sale of its 62 wind mills in Gujarat of total wind power energy production capacity of 87.5 MW," the met coke producer says in its filing to exchange.

Will raise $100m via FCCB; cheer restart of mining: Guj NRE

Arun Kumar Jagatramka, MD, Gujarat NRE Coke expects the demand for coke to pick up on the removal of the ban on iron-ore mining in Karnataka. Speaking to CNBC-TV18, he adds that the company plans to raise upto USD 100 million via FCCBs to fund increase in capacity in India and meet capex requirements.

Steel division to perform better going forward: Gujarat NRE

Arun Kumar Jagatramka, MD, Gujarat NRE Coke expects the company‘s steel division to perform better going forward.

Expect margins to improve during FY12: Gujarat NRE Coke

Gujarat NRE Coke has announced its fourth quarter results. In an interview with CNBC-TV18, Arun Kumar Jagatramka, MD, Gujarat NRE Coke says, realisations were higher in the second half of this quarter. He expects margins to improve in FY12.

Gujarat NRE sees long term coking coal prices at $225-250/t

In an interview with CNBC-TV18, Arun Kumar Jagatramka, MD of Gujarat NRE Coke speaking about the hard coking coal prices said, "The USD 330 or USD 300 is not something that can be sustained at the current steel prices. Post June, I expect coking coal prices to come down to the reasonable level of 225-250."

See benchmark coking coal prices at $330/t: Gujarat NRE

In an interview with CNBC-TV18, Arun Kumar Jagatramka, managing director of Gujarat NRE Coke highlighted that coking coal prices have touched the record levels of USD 330 per tonne because the previous contract high was USD 305 in 2008.

Coke prices will spike sharply in few months: Gujarat NRE

Arun Kumar Jagatramka, Managing Director of Gujarat NRE Coke expects coking coal prices moving up rapidly due to the panic buying situation."Queensland supplies almost 30% to 35% of the total global coking coal. The supply is suffering very heavily due to floods and there is a panic buying situation now," he explains.