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

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

Jharkhand  /  Published 03.12.20

Blast at Ramgarh sponge iron plant

Six technicians were severely injured when an explosion took place at Brahmputra Metallics Ltd, a sponge iron plant in Kamta of Ramgarh’s Gola block, on Thursday. The blast occurred due to a gas...
By Manoj Sinha in Ramgarh


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

Business  /  Published 20.11.20

Centre to consider ore export ban

The Centre is looking into a proposal by the steel industry, especially from Bengal, to ban the export of iron ore and pellets from India to improve the availability of these key raw materials in the ...
By Our Special Correspondent in Calcutta

Business  /  Published 12.10.20

Steel industry seeks royalty relief

The country’s steel players are demanding a reduction in the royalties on iron ore which will reduce their production costs to make them more competitive and also meet the government's ambit...
By R. Suryamurthy in New Delhi

India  /  Published 09.10.20

Congress sniffs iron ore export scam, seeks probe

By Our Special Correspondent in New Delhi


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