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JSW Steel unhappy as National Mineral Development Corporation sticks to high iron ore pricesJSW Steel claims that NMDC is charging 40% higher for similar quality iron ore fines than private miners in Odisha, which have been consist...- JSW Steel buys iron ore at Goa's e-auction for steady supplyThe transaction is significant because it is the also the first time that a major domestic steel maker has participated in an e-auction of ...
- Iron ore rate jumps over fears of odisha mining capPrice of iron ore fines went up by Rs 100/tonne in Odisha in the past one week, according to a recent report by Motilal Oswal.
- Steelmakers dread Goa-like Ban by Supreme Court in OdishaThe industry's worst fears are centered around a possible ban on some 27 mines which have the necessary approvals but pending lease renewal...
- Sesa Sterlite expects Goa mining ban to be lifted soonThe Supreme Court is expected to rule on lifting an 18-month old mining ban in Goa soon, after which operations may resume in September, fo...
- 62% drop in iron ore exports to ChinaIndia has slipped from being the fourth largest exporter of iron ore to China last year to tenth for the seven-month period between April a...
- Miners move Odisha HC against stamp duty order, seek quashing of govt’s directiveSeveral petitions were filed by aggrieved steelmakers and miners in the Odisha High Court on Monday challenging the state government’s July...
- JSW Steel to import 5 MT iron ore to run its plantsJSW Steel said it plans to import 5 mn tonnes of the raw material to operate plants in Salem, Tamil Nadu, and Dolvi, near Mumbai.
- India likely to depend on iron ore imports for domestic needsSachin Sehgal, Director, Ore Team said the iron ore production in FY13 is pegged at around 140 mn ton, which is enough for domestic require...
- Bhushan Power & Steel, Essar Steel & others forced to import iron ore due to falling domestic supplyFaced with dwindling supplies and a country-wide clampdown on ore production due to illegal mining, steel companies are doing the unthinkab...
- Steel ministry for interest subsidy on pelletisation, energy savingMinistry is set to begin the process to formulate an interest rate subsidy scheme for value-addition in iron-ore fines & energy efficiency ...
- Kolkata to host Iron Ore Pellets Conference 2012 on March 26The meeting will be attended by officials from Tata Steel, Siemens, Metso, Outotec, NMDC, SAIL, Essar, Jindal Steel among others.
- Allow market forces to decide on iron ore export: Sachin SeghalEven as the ministry has ruled out banning iron ore exports an industry expert said the govt should allow the market forces to decide.
- Slowing economy will affect Iron Ore exports: Steel MinistryIn a bleak outlook, a senior Ministry of Steel official today said the Iron Ore exports would be under pressure and the overall growth of t...
- China worried over falling iron ore supplies from IndiaChina gets 42% of its iron ore from Aus and 17% from Brazil while India's share has fallen to 12% during the first 4 months of this year.
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