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Wednesday, October 9, 2024
TopicIron ore

Topic: Iron ore

Mining industry records significant growth in February, cumulative growth at 8.2%

Iron ore production increased by 9.6% to 252 million metric tons (MMT) during the 11 months of February 2024 to February 2023.

Steel producers write to Modi defending price hike, demand 6-month ban on iron ore export

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 iron & steel exports to China surge despite LAC tensions — $1.86bn trade in Apr-Aug

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.

India’s iron ore exports rise to 8-year high on China’s 20 million-tonne purchase till June

China relies heavily on imported iron ore to fulfil more than two-thirds of its demand, and purchases have jumped on robust demand from steel mills.

World’s biggest mines are at risk after coronavirus surge in Latin America

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.

Vedanta’s epic battle to restart iron ore mining in Goa to begin in Supreme Court next week

Vedanta’s plea to resume mining in Goa has support of Modi govt, which was concerned about an economic slump in Goa even before the virus.

Supreme Court allows mining firm to transport mined iron ore in Goa if govt gets royalty

The top court directed the mining firm Chowgule and Company Private Limited to transport the iron ore within a period of six months.

Mining industry braces for bleak year as leases expire and auctions get delayed

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.

Domestic logistics challenges drive steel mills in India to tap global market for iron ore

Transporting key raw materials from local mines has become difficult as freight and passenger trains jostle for space on the same tracks.

Current accountability deficit

It is unlikely that history will easily overlook or forget that the Indian growth story collapsed so dramatically under UPA-2's leadership.

On Camera

Haryana win is redemption, J&K defeat is vindication. BJP is walking out of Lok Sabha poll fog

A leader's charisma is a big plus. But don't underestimate the craft of mounting an election campaign. Haryana is BJP's reward for mastering it. All-round participation and peaceful polling in J&K too is a win.

How businesses can become more resilient to the physical impacts of climate change

Extreme weather events have impacted 50% of corporate respondents to a recent survey. This underlines the importance of significant action now to increase climate resilience.

‘Nightmare at Chennai Marina’: 4 dead, 96 hospitalised after pandemonium at packed IAF air show

Lakhs of people were stranded at beach in heat as crowd control measures apparently failed. At least 14 lakh people were in attendance though police had expected around 10 lakh.

Islam doesn’t kill democracy. The army-Islam combo does

How come Indonesia, Malaysia, Turkey and Sri Lanka remain constitutional, democratic and stable despite Islam and Buddhism respectively, but Pakistan, Bangladesh and Myanmar don’t?