India’s ministry of finance has turned down a proposal from its counterparts in the commerce ministry seeking a refund of duties paid in the course of export production in certain sectors including steel, government sources said on Thursday, November 24.
Dalian iron ore futures snapped a three-session losing streak on Thursday, as recent support measures for China's property sector outweighed worries over the recent rise in COVID-19 cases.
Three-month copper on the London Metal Exchange was up 0.8% at $8,072.50 a tonne by 0201 GMT, while the most-traded December copper contract on the Shanghai Futures Exchange rose 0.2% to 65,060 yuan ($9,111.92) a tonne.
Coal Minister Pralhad Joshi on Thursday directed the officers of the Eastern Coalfields Ltd (ECL) to work for achieving the production target of 50 MT during the current fiscal to meet the energy requirement of the country, a statement said.
25 Nov, 2022 - Special Correspondent
"India has to be powered by both the public sector and the private sector. Our public sector companies have a very ambitious programme in terms of capacity expansion – be it SAIL or any other company and they will partner in this ambitious programme that we have to go from 150 million tonnes per ann
25 Nov, 2022 - Special Correspondent
International steel demand continues to remain “fragile” while things are “little better in the domestic market” (in India), TV Narendran, MD and CEO, Tata Steel said. Export duty removal was “timely” and help domestic steel mills tap the overseas market again.
25 Nov, 2022 - Special Correspondent
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