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STEELMAKING MINERALS
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...- Time to adopt a tactical perspective? 6 metal stocks, 4 with an upside potential of up to 14%In metal stocks, ‘buy, forget, and return after five years’ is not the best strategy to adopt. The sector is cyclical, global, China- and t...
- Wars in West Asia and Ukraine are turning shipping costs into steel sector’s biggest headacheIn the face of a daunting 28-30% increase in international freight costs, India's steel sector is at a crossroads. The unrest in West Asia ...
- Tata Steel gets Rs 1,755 crore demand notice from Jharkhand mining office over alleged excess coal extractionTata Steel has been issued a demand notice of Rs1,755.10 crore by the District Mining Office in Ramgarh, Jharkhand. The notice alleges exce...
- Coal India to invest Rs 3,300 crore in 8 coking coal washeries, Rs 300 crore for upgradesCoal India plans a significant investment of Rs 3,300 crore for eight new coking coal washeries. This initiative aims to enhance domestic c...
- India seeks steelmaking raw material from Argentina, Indonesia, Oman, sources sayIndia is set to hold talks with Argentina, Indonesia, and Oman next month to secure vital steelmaking raw materials like coking coal and ir...
- India takes rare cargo of Australia's BHP iron ore banned by ChinaA significant cargo of BHP's Jimblebar Fines iron ore is now en route to India. This rare sale is happening because of discounts on the pro...
- Tata Steel CEO says job cuts in Britain "least bad option," will continue talksTata Steel's planned job cuts in Britain are seen as the "least bad option" by CEO T V Narendran, who hopes to reach a conclusion with unio...
- ArcelorMittal and BHP to capture carbon at Belgian steel plantCutting emissions is existential for the steel industry, but it’s also a huge concern for some of the top miners who make much of their pro...
- SAIL emerges as largest miner for steel making inputs in FY20In an official statement on Friday SAIL said it mined a total of 32.406 million tonne of all the steelmaking minerals during financial year...
- Steel makers without captive mines are likely to face up to 20% hike in costsIn FY2019, domestic production of ore is estimated at around 207 mt, 65-70% of which was by merchant miners and the rest by captive steelma...
- JSW Steel takes over Dolvi Minerals and Metals for Rs 109 croreDolvi Minerals and Metals (DMM), that deals in the business of acting as trader, whole-seller and retailer in metallic and non-metallic min...
- NMDC, Karnataka steelmakers clash over iron ore ratesNMDC has cut production in Karnataka after companies, including JSW Steel which buys 90% of its output, stopped purchases at the state’s ir...
- Steelmakers, miners at odds over pricing benchmark for oreExport prices are lower than domestic realisation by nearly Rs 500 per tonne after adding export duty and transport costs.
- Karnataka steelmakers protest against state government's decision to lease mine to MSPLIndian steelmakers have struggled to feed their growing steelmaking capacity in the country after the SC banned iron ore mining in Karnatak...
- Beni Prasad Verma asks NMDC to set up refractory unit at AmethiThe suggestion came a day after he directed NMDC to rope in public sector steelmaker RINL to partner its first steel plant.
- SAIL eyes iron, coal resources in MongoliaSteel Authority of India Ltd (SAIL) is considering replicating its successful public-private approach in Afghanistan and Mongolia.
- Global steel consolidation almost done: ArcelorMittalConsolidation in the steel industry is almost finished, apart from in China, said the head of the world's No.1 steelmaker, ArcelorMittal, d...
- Mining shares gain on price hike hopes; NMDC up 10%Shares in mining and mineral companies were up 5-10 per cent on hopes of higher mineral prices, such as iron ore and coke, after state-run ...
- Blast in Mittal's Kazakhstan mineAn accidental blast at coal mines in Kazakhstan and Ukraine killed at least 53 people.
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