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Iron Ore
Business  /  Published 08.04.22

Distress call from Bengal foundries

Foundry units in Bengal have approached the state and the Centre for help to deal with the spiralling costs of raw materials and a dip in demand because of the high price of the finished products. So...
By Our Special Correspondent in Calcutta

Business  /  Published 23.08.21

Tata Steel Europe may fare better

Tata Steel has reported its best ever quarterly performance in the first quarter, making more profit than the entire last year. In a conversation with The Telegraph, Koushik Chatterjee, executive dire...
By Sambit Saha

Jharkhand  /  Published 18.06.21

War of words over iron ore auction in Jharkhand

The Opposition BJP on Wednesday urged the Jharkhand governor to scrap the tender process for auctioning iron ore leading to a strong rebuttal from the ruling alliance. State BJP chief and Rajya Sabha...
By Achintya Ganguly in Ranchi

Business  /  Published 13.05.21

Ore prices raised

The country’s largest iron ore miner NMDC on Wednesday announced a hike in the prices of lump ore by Rs 700 per tonne and fines by Rs 1,500 per tonne with immediate effect. Iron ore is a key ra...
By PTI in New Delhi

Business  /  Published 11.05.21

Bull run in metals stokes inflation fear

Iron ore futures surged more than 10 per cent and copper jumped to a record amid growing bets they’ll be among the biggest winners from a commodities boom that’s stoking concerns about inf...
By Reuters, Our Bureau in Beijing

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Business  /  Published 22.02.21

Donimalai mine operations may end crisis

Resumption of mining operations at the Donimalai mine will improve iron ore supply in the country and help to ease prices of the key steel making raw material, experts say. Mining at NMDC’s 7-m...
By PTI in New Delhi

Business  /  Published 18.01.21

Bid to cancel idle iron ore leases

The mines ministry has made a proposal to terminate the iron ore leases of those working mines that have not started production even after a lapse of 7-8 months of auction and have not maintained mini...
By PTI in New Delhi

Business  /  Published 10.12.20

Flawed iron ore policy

The government policy to bring only a limited number of iron ore blocks for public auction is creating distortion in the marketplace, Naveen Jindal, chairman of Jindal Steel & Power Ltd, said. &l...
By Our Special Correspondent in Calcutta

Business  /  Published 30.11.20

Steel import duty hike wins support

A China-induced spike in iron ore prices has disrupted the steel sector, a situation made worse by the parity in the import and domestic price of steel that will necessitate a hike in import duties&nb...
By Our Special Correspondent in New Delhi

Business  /  Published 24.11.20

Ore crunch chokes Bengal steel mills

A change in the government’s policy along with a mad scramble for precious minerals have snuffed out supplies of iron ore in the eastern region, dealing a major blow  to the steel industry,...
By Sambit Saha in Calcutta


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