Jindal Steel and Power Limited (JSPL) has bagged the Kasia iron ore and dolomite block in in the Keonjhar district of Odisha. JSPL won the ore at 118 percent premium to the sale value of the ore at the latest auction process, reported The Economic Times.20 Sep, 2021 - Special Correspondent
Shares of metal companies came under heavy selling pressure on Monday with the Nifty Metal index slipping 4.5 per cent on the National Stock Exchange (NSE) in the intra-day trade.20 Sep, 2021 - Special Correspondent
China's aluminium imports in August fell 20.7% from the previous month, data from the General Administration of Customs showed on Saturday, hitting their lowest since May.
Iron ore extended its slump below $100 a ton as China stepped up restrictions on industrial activity in some provinces. Futures in Singapore tumbled as much as 12% on Monday in thin trading due to a holiday in China. Prices have collapsed about 60% since a record in May, and are below three figure