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PLATTS INDEX
India proposes benchmarking domestic iron ore price to S&P Platts indexIndia plans to benchmark domestic iron ore prices against S&P Global Platts or similar reputed publications, moving away from the current s...- India said to have shelved plan for coking coal import consortiumIndia, the world's second-biggest crude steel producer, imports about 85% of its annual coking coal consumption of around 70 million metric...
- Iron ore may be pegged to global pricesAt present, the government accepts self-declaration of price by mining companies on the basis of sampling by authorised labs. The Indian Bu...
- New ATF pricing method on cards; airlines eye reliefThe civil aviation ministry is also engaging with states to bring VAT on ATF within the range of 1-4%. "In 2020, 12 states had VAT on ATF i...
- For high-flying China, signs of a hard landing are now clear. Here's proofChina’s economic performance this month suggests that a slowdown in growth is taking hold, even as policy makers raise efforts to clamp dow...
- India's oil demand growth will outpace China's for the third year in a rowThe first OPEC-led global production cut in 15 years underpins an emerging but fragile recovery, with 2017 set to see a huge stock overhang...
- India's steel demand indicators giving mixed signals: AnalystsAs per Steel Ministry's latest Joint Plant Committee (JPC) data in April, India's steel consumption plunged by 29 per cent year-on-year to ...
- Platts China Steel Sentiment Index hits record high over stonger demand and pricesThe headline index for March rose 53.72 points from the month before and was the strongest reading since the CSSI began in May 2013, Platts...
- Platts iron ore index declines furtherPlatts said its iron ore index for 62% ferrous content ore fell 75 cents to $44 per dry million tonne, pointing at a continuous weakness in...
- Lady Braga: World’s most powerful female hedge fund manager“I believe in leading from the front, so despite my lack of talent, I did sing.” Braga, a 48-year-old Brazilian with a doctorate in enginee...
- ONGC scales highest-ever market capitalisation of Rs 3.56 trillionRiding the wave Modi's election created in stock markets, state-owned ONGC market capitalisation has touched an all-time of Rs 3.56 trillio...
- Steel companies seek imposition of 30% export duty on iron ore pelletsSteel industry has called for an imposition of 30% export duty on iron ore pellets in view of rising exports in the face of ore shortage.
- NMDC appoints KPMG to help it devise iron ore pricing formulaKPMG was chosen from among six consultants which bid for the job, and a pricing mechanism is expected to come into force from Jan 2013.
- NMDC customers cry foul as company raises iron ore price steadilySteel makers dependent on iron ore from National Mineral Development Corporation (NMDC) are crying foul about the state miner's continued p...
- NMDC's iron ore rate hikes irk steel manufacturersSteel manufacturers dependent on iron ore from NMDC are crying foul about the continued price increases even as international prices have t...
- NMDC to move to a new pricing indexNMDC, they say, first reaped the advantage of an appreciating dollar, charging Rs 500 per tonne on that account, despite Platts Index and t...
- Diamond prices set to outpace gold as luxury spending in Asia risesThe average price of rough, or uncut, diamonds will probably rise 9 % to $145 a carat next year, 1.4% in 2013 and 4.8% in 2014.
- Oil skids to $70 on economic recovery concernsOil prices skidded to near $70 as investors mulled whether a three-month rally went too far, too fast amid high supplies and weak demand.
- Oil falls below $54 a barrel
- Oil steady near 22-month low in AsiaOil prices were steady near 22-month lows in Asia as investors paused to examine the extent of global economic weakness.
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