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IRON ORE SHORTAGE
Critical minerals, strategic stakes: Inside India's bid to break China's supply chain strangleholdIndia and the US have inked a pact to secure critical mineral supplies, bolstering a broader Quad initiative aiming to invest $20 billion i...- India's iron ore imports set to hit 7-year high in 2025-2026India's iron ore imports are projected to hit a seven-year peak by March 31. This surge is fueled by a scarcity of high-grade ore and robus...
- India's January-October iron ore imports at six-year high, JSW Steel top buyerIndia's iron ore imports have reached a six-year peak. Steel mills are buying more from abroad to secure high-grade ore and benefit from lo...
- Indian steelmakers' body seeks export tariff on low-grade iron ore, pelletsIndian steel producers have requested the government to levy export taxes on low-grade iron ore and pellets to counter local shortages. The...
- India's sponge iron producers seek duties to curb iron ore exportsIndian sponge iron producers push for export duties on low-grade iron ore to counter shortages. With 336 plants and 50M tons production, th...
- Slow domestic demand, surging input prices worry India's secondary steelmakers“NMDC’s price reduction on iron ore is not very significant. Iron ore prices have risen more than four times in the past year, and now the ...
- JSW Steel reports 3% rise in November crude steel production, utilisations flat due to iron ore shortageThe company’s flat products segment grew by 6% year-on-year to 9.61 lakh tonnes and the long products degrew by 1% to 2.95 lakh tonnes duri...
- NMDC's Donimalai iron ore mine to be operationalised, Govt extends mining leaseThe development comes as a major relief to steelmakers in Karnataka and various stakeholders and steelmakers as there is an acute shortage ...
- Primary steelmakers face production glitches in Q2 due to iron ore shortageIndia’s April to July 2020 iron ore production shrunk 50% from last year and the Indian Steel Association (ISA) sought a ban the export of ...
- Sajjan Jindal asks government to run Odisha iron ore mines till lease matters resolvedIn a series of tweets, Jindal expressed his exasperation on how with the closure of 7 mines in the state that had failed to pay fines for i...
- No need to cap iron ore prices, plan to expand output: GovernmentIt also said the country is looking at expanding the iron ore production and that will take care of market dynamics.
- Government says there is no dearth of iron ore in country"There is sufficient production of iron ore to meet the current demand of the steel industry in the country," Minister of State for Mines a...
- No shortage of iron ore; ensuring supply to steel industry: MoS Steel and Mines"There is no overall shortage of iron ore in the country. Production of iron ore is more than the need of steel industry," MoS Steel and Mi...
- Iron ore shortage, if any, due to Odisha's faulty policy: FIMIThere has been surplus availability of ore since 2004-05, the Federation of Indian Mineral Industries said in a recent presentation to the ...
- Karnataka steel makers allege cartelisation in iron ore price fixingKarnataka Iron & Steel Manufacturers' Association (Kisma) has alleged cartelization in price fixing of iron ore in Karnataka.
- 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.
- JSW puts Vijayanagar plant expansion plans on holdJSW Steel has put on hold expansion plans of Karnataka's Vijayanagar plant, which has 10 million tonnes (MT) capacity, due to continued iro...
- Government creating artificial iron ore shortage: FIMIFederation representing merchant miners in the country claims stocks at mine heads reveal that there is no real shortage of iron ore.
- Government creating artificial iron ore shortage, alleges Federation of Indian Mineral IndustriesThe federation representing merchant miners in the country claims stocks at mine heads reveal that there is no real shortage of iron ore.
- JSW Steel Q2 net dips 71% to Rs 127 croreJSW Steel has posted 71% year-on-year fall in quarterly profits, showing wounds from high global coal prices and an iron ore shortage.
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