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


Business  /  Published 29.09.20

Arcelor to sell US assets for $1.4bn

Cleveland-Cliffs Inc, the largest US producer of iron ore pellets, has agreed to buy the US assets of the world’s largest steel maker ArcelorMittal for about $1.4 billion in cash and shares. Th...
By Reuters in Bangalore, Brussels

Business  /  Published 10.09.20

Freight sop boosts rail cargo traffic

Concessions have pushed up overall freight loading for Eastern Railways, which has set its sight to surpass the target of 69 million tonnes for 2020-21. Coal comprises over 60 per cent of the cargo h...
By A Staff Reporter in Calcutta

Business  /  Published 13.08.20

NMDC hikes iron ore price by Rs 300

NMDC, the country’s largest iron ore miner, has hiked the rates of the mineral by Rs 300 to Rs 2,950 a tonne with immediate effect. Iron ore is the key raw material used in steel making and, th...
By Our Special Correspondent in Mumbai

West Bengal  /  Published 10.01.19

On test: Bengal bridge closed in 1985

A barricaded British-era iron bridge in Murshidabad declared hazardous by the PWD in 1985 has been brought back into use amid questions on whether local authorities are turning a blind eye. The bridge...
By Alamgir Hossain in Jangipur

West Bengal  /  Published 09.11.18

Robbers raid iron plant in Durgapur & confine guards

A gang of nearly 30 armed robbers raided an iron factory in Durgapur town on Thursday night, beat up three security guards and confined them to a room. The goons brandishing revolvers and iron rods de...
By Abhijeet Chatterjee in Durgapur


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