Searched for
CHEAP IRON ORE
World's top miners BHP, Rio Tinto see India emerging as steel's next growth frontier beyond ChinaGlobal mining giants BHP and Rio Tinto are focusing on India for future steel demand. India's rapid urbanisation and infrastructure project...- Jindal Steel and Power bags Kasia mine at 118% premium“The mine isn’t cheap but is commercially viable and value-accretive as this is the best iron ore mine in Odisha with high Fe and low alumi...
- Karnataka steel makers to ask NMDC for cheaper oreSteel makers, under the aegis of Karnataka Iron Steel Manufacturers’ Association, say iron ore prices shot up almost 36% from a year ago, w...
- Mangal Credit to acquire a mine with iron reserves of Rs 1500 crore"We are planning to acquire a 21 hectare iron ore mine for exploration at village ADANE on the Maharashtra Goa boarder,” the company said.
- Policy to ensure availability of cheap iron ore within a monthThe development comes at a time when the steel sector is reeling under the impact of high raw material costs.
- Budget 2016: Vedanta receives a double boostNatural resources conglomerate Vedanta Ltd. received a boost from the Union Budget after Finance Minister Arun Jaitley did away with export...
- Land acquisition, environmental nods hurting steel industry: JSW SteelJindal said that Indian producers must be provided a level playing field to increase their prominence on the global stage.
- Prabhudas Lilladher says domestic iron ore supply up, but maintains underweight outlook on steel sectorPrabhudas Lilladher said the fall in ore prices has eroded the advantage Indian steel players enjoyed because of access to cheap iron ore.
- Subdued demand hits NMDC; cuts iron ore rates by 30% since JanuaryNMDC has slashed the prices of lumps or higher grade of iron ore by as much as 30% since January to Rs 2,950 per tonne for the current mont...
- Tata Steel Q3 profit falls 69 per cent on cheaper importsA string of mining stoppages in recent months led to a number of the company's iron ore mines being shut during the quarter.
- 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...
- Jindal Steel and Power concerned over shortage of raw material for steel plantA fortnight after dropping plans to set up a Rs 60,000-crore coal-to-liquid project in Odisha, Jindal Steel and Power (JSPL) today voiced c...
- Strong rupee and stiff competition from China affect steel exportPrivately-owned Essar Steel is among several firms reporting dip in sales contribution from exports from 25% last year to 20% in the latest...
- 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.
- Iron ore scam: Essar offers to pay railways Rs 89 croreEssar Steel has offered to pay Rs 89 crore, including penalty, for transporting iron ore/pellets meant for exports by paying cheap domestic...
- Sesa Goa: Valuations attractive, but margins may slipThe company will find it hard to sustain operating profit margins of about 55% given the export duty and issues with the Karnataka governme...
- Reform miningNational Mineral Development Corporation (NMDC), our largest iron ore producer and exporter, has an embarrassingly huge market cap, thanks ...
- Duty cuts to benefit miners, steel companiesThe government on Friday revised the export duty structure on iron ore fines. The 15% ad valorem export duty on fines has been replaced wit...
- No threat to iron ore security, states studyA recent report has said it was unlikely that the Indian steel industry, even on its strong growth path, would run short of domestic iron o...
- BJP demands CBI probe into POSCO dealBJP's Vice-president and MP, Jual Oram demanded a CBI probe into the MoU signed by the Orissa govt with the South Korean steel major POSCO.
Load More
