Wednesday, 30 November, 2022
TopicIron ore

Topic: Iron ore

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

YourTurn

A group picture of Supreme court judges at Supreme Court in New Delhi | Praveen Jain | ThePrint

Ambedkar rejected collegium system, said CJI supremacy on judges’ appointment is dangerous

In May 1949, the Constituent Assembly debated the Collegium system, only to reject it thrice. Now the SC is assuming that role once again.
Representational image | Reuters

India’s economic growth at 6.3% for second quarter, slower than previous months

Government capital spending increased more than 40% during the quarter as it stepped up expenditure on roads to railways, according to official data on Wednesday.

Defence

A soldier with 'Arjun', a black kite trained to down enemy drones, during the Yudh Abhyas exercise being held in Auli, Uttarakhand | Suraj Singh Bisht | ThePrint

It’s a plane, no it’s a bird! Army’s training eagles & falcons to swoop down on hostile drones

The birds are also being trained for surveillance at Remount Veterinary Corps Centre in Meerut, with cameras fitted to their heads to record videos.

A Gujarat gamble: A likely reason Rahul is not giving Modi a fight this assembly election

I'd rather not buy idea that Rahul's holding his fire until 2024. More likely, Congress believes Karnataka offers best chance of winning a Gujarat-sized state if Gujarat is too challenging.