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Sesa Goa cuts 70% iron ore output in Karnataka
Decision taken after the govt banned ore exports from the state. The country’s largest iron ore exporter, Sesa Goa, has cut mining output in Karnataka by 70 per cent since the state government banned any outgo of the steel-making raw material a month before. A part of the Vedanta group, it has six million tonnes (mt) of iron ore mining capacity in Karnataka. The company produced 3.5 mt of high
Decision taken after the govt banned ore exports from the state. The country’s largest iron ore exporter, Sesa Goa, has cut mining output in Karnataka by 70 per cent since the state government banned any outgo of the steel-making raw material a month before. A part of the Vedanta group, it has six million tonnes (mt) of iron ore mining capacity in Karnataka. The company produced 3.5 mt of high
Goa miners cut low-grade iron ore output by 30%
Move follows China’s decision to ban imports of ore with 55-58% iron content.
Move follows China’s decision to ban imports of ore with 55-58% iron content.
India unlikely to gain from Brazil's proposed export tax on iron ore
A quantity loss from Brazil will probably be met through Australia.
A quantity loss from Brazil will probably be met through Australia.
Iron ore export up 13% in H1 on China demand
Iron ore exports jumped 13 per cent in the first half of the current financial year due to a sudden spurt in Chinese offtake as steel mills build their inventory.
Iron ore exports jumped 13 per cent in the first half of the current financial year due to a sudden spurt in Chinese offtake as steel mills build their inventory.
Ore prices up 11% on hopes of revival
Despite uncertainty in the steel market due to poor demand for long products, iron ore prices have moved up 11 per cent in a month.The prices gained on hopes of revival in construction projects that
Despite uncertainty in the steel market due to poor demand for long products, iron ore prices have moved up 11 per cent in a month.The prices gained on hopes of revival in construction projects that
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