In its letter, the Indian Steel Association talked about issues related to price of raw materials, shortage in global steel supply and lower capacity due to Covid.
India’s total iron and steel exports in the first five months of this fiscal to China were more than three times the figure in the entire financial year 2019-20.
Brazil surpassed the US in new coronavirus cases last week, and the disease is now spreading in northern states such as Para, which accounts for 8% of global iron ore supply.
India's iron ore production will take a big hit as delays in auctions of mining leases, due to expire in March, threaten to push the domestic market to a deficit from a surplus.
RJD, once a prominent representative of Mandal politics, now finds itself in a political era where welfare, good governance, and new aspirations are overshadowing old caste equations.
Without a Congress revival, there can be no challenge to the BJP pan-nationally. Modi’s party is growing, and almost entirely at the cost of the Congress.
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