Page 2 of Iron ore

The CJI also said that the apex court is only concerned with the minerals already extracted right now.

Supreme Court hints at lifting ban on iron ore export from Karnataka

Senior counsel Dushyant Dave, appearing for miners contended as per the existing regime, the buyers (Steel companies) can import and…

April 12, 2022 01:10 IST

The Federation of Indian Mineral Industries, Southern Chapter, had asked the SC to do away with e-auction norms for mining leases situated in the districts of Ballari, Tumakuru and Chitradurga districts.

Govt asks SC to allow iron ore exports from Karnataka

“In other parts of the country, there is no restriction on export of iron ore. The restriction imposed in Karnataka…

April 11, 2022 01:30 IST

“Let us first clear the ground, then we will see what to do. By virtue of export, the state government and development fund may get some money…there is no point in keeping the extracted iron ore on the ground and it should be either used or sold or taken off the ground,” said the Bench.

Supreme Court asks Centre to consider allowing iron ore exports from Karnataka mines

The top court also directed the court-appointed Central Empowered Committee (CEC), represented by senior counsel A D N Rao and…

March 31, 2022 00:45 IST

Mitra also said that since the present dispensation came into power in Delhi, there has been “an ominous pattern of removing headquarters of PSUs from Kolkata which has been here for half a century and even a century”.

Need assurance that SAIL’s iron ore division won’t be moved out of Kolkata: West Bengal finance minister Amit Mitra

On Friday, Mitra wrote to Pradhan again asking why the Union steel minister chose not to address the “major question…

June 19, 2021 03:00 IST

The agreement will enable India to secure international market for its ores and ensure stable economic ecosystem which provides direct and indirect employment in mining, logistics and related sectors.

Iron ore exports: India puts an end to decades-old pacts with Japan, Korea

Supply shortage of the key steel-making raw material in the domestic market is due to truncated production in Odisha as…

June 18, 2021 03:45 IST

States likely to auction 20 iron ore blocks in Financial year 2017

States are expected to auction around 20 iron ore blocks in the current financial year, including some of those which…

June 13, 2016 17:19 IST

India’s iron ore prices unlikely to recover in near term: ICRA

India’s iron ore prices are unlikely to recover in the near future given the high inventory levels as well as…

June 2, 2016 16:58 IST

Iron ore, steel rise on signs of property recovery in China

China’s real estate investment in April kept pace with the previous month, as developers continued to start projects in response…

May 16, 2016 13:18 IST

Global iron ore prices surge 20% on Monday, what next?

Iron Ore prices soared nearly 20 per cent to above $60 per tonne in the international markets on Monday .

Updated: March 8, 2016 13:59 IST

Government unlikely to heed industry’s demand to cut high-grade iron ore duty

The government had, with effect from April last year, reduced export duty on ore containing less than 58% iron to…

Updated: January 27, 2016 01:07 IST

Bharat bandh: Strike hits NMDC; iron ore production down 75,000 tonnes

Bharat bandh: The strike was near total in Telangana-based Singareni Collieries Company Limited (SCCL) with about 80 per cent of…

September 2, 2015 14:04 IST

India to auction 20 major iron ore mines to revive industry

Once the world’s third-biggest iron ore exporter, India now imports the steelmaking ingredient due to a court-led crackdown on illegal…

August 26, 2015 08:58 IST

Mineral-rich states told to start auction process, announce bidding dates

The mines ministry has tried to sweeten the bid criteria by proposing that preferred bidders would not be required to…

June 22, 2015 09:22 IST

Domestic steel prices need to come down

Any further drop in global prices of iron ore, which is likely in May, the differential would go up.

April 29, 2015 00:47 IST

‘Ore impost could almost nullify SAIL’s margins’

At a time when domestic steel demand is tepid, the potential additional outgo on captive iron ore, the key input…

Updated: April 27, 2015 05:03 IST

NMDC under pressure to reduce iron ore prices

State-run iron ore miner NMDC, which has refrained from a price rise of the vital input for steel industry for…

April 16, 2015 00:06 IST

RINL seeks to import iron ore

Floats a global tender asking for EoIs from major producers

April 9, 2015 02:22 IST

129 MT iron ore lying at mine heads: FIMI

Higher export duty coupled with subdued global prices led to an unprecedented 129 million tonne of pile-up of iron ore…

April 9, 2015 02:18 IST

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