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EU Starts Registration of HR Stainless Steel Imports from Taiwan, China and Indonesia

28 Jan, 2020

The European Union has ordered its customs officials to register flat-rolled stainless steel imports from China, Taiwan and Indonesia, widening the threat of tariffs on the shipments. The step is part of an inquiry into whether Chinese, Taiwanese and Indonesian producers of hot-rolled, stainless-ste

NMDC’s Trajectory: From Ore Miner to Steel-maker

28 Jan, 2020

The Union Steel Ministry, which is the administrative ministry for National Mineral Development Corporation Ltd (NMDC), the country’s largest merchant iron ore producer, has now veered round to the view that the 15 months old Donimalai impasse warrants a political resolution. In the opinion of the m

Metal shares decline as coronavirus fears intensify; JSW Steel falls 5%

28 Jan, 2020

Tata Steel and Jindal Steel and Power (JSPL) dipped more than 3 per cent on the . Vedanta, Hindalco Industries, Steel Authority of India (SAIL), Moil and NMDC were down in the range of 2%-3% Shares of metal companies were under pressure on Monday with the Nifty Metal index falling more than 2 per c

Auctions fail to get mine blocks running, only five leases inked in 5 years

28 Jan, 2020

Analysis by Fimi shows how auctions have lulled mining from virgin blocks Five years into the amendment of the Mines and Minerals (Development & Regulation) Act and enunciation of Mineral Auction Rules in 2015, mining leases (ML) have been executed for only five mineral blocks.