Metaljunction

India does not plan to restrict exports of iron ore despite curbs on illegal mining, Minister of State for Steel Vishnu Deo Sai said on Monday, adding that there was still enough of the raw material for do

The Naveen Jindal owned Jindal Steel and Power, which is in advanced stage of commissioning two million tonne steel-making capacity at Angul, faces an uncertain raw material environment threatening to impe

Iron ore production in the country is sufficient to meet domestic demand and steel makers are not facing any shortage of the input, government said today. “Production of iron ore in the country is su

Policies are sometimes implemented without thinking through the complete ramifications. A perfect example is the duty on iron ore exports. On iron ore, export duty was meant to conserve resources for domes

Anticipating operating performance of Tata Steel to improve in next three years, Standard & Poor's Ratings Services on Monday revised its outlook on the steel major to stable from negative

The proposed move to increase the rate of royalty on iron ore from 10 to 15 per cent is likely to affect the entire value chain, right till the end or steel consumer. The Indian mining sector will be payin

 Visakhapatnam Steel Plant has been facing water problems for quite sometime and is pressing for the supply of more water to meet its needs. Some of the critical operations of the plant have been affe

Brazil’s iron ore exports are strengthening

Brazil accounts for almost 25% of market share of global iron ore trade volume. It’s the second largest iron ore expo

China’s iron ore port inventory

An important indicator for the dry bulk shipping industry is the iron ore inventory at Chinese ports. It indicate the short demand for

Port Hedland’s iron ore exports dropped in June

Australia accounts for a large percentage of the world’s iron ore seaborne exports. In 2013, it represented the p

THOSE investors flummoxed by the vagaries of iron-ore demand — that is, most of them — should consider another factor in the delicate supply-demand equation: seasonality.

Just as winter is

steel and iron ore futures in China fell to one-month lows on Monday, stretching steep losses from the prior session, weighed down by slow demand that has kept steel traders from replenishing inven

Mexico has extended antidumping duties on imports of welded steel link chain from China.

Following a sunset review, the economy ministry agreed to continue the duties at their current rate o

Tokyo Steel Manufacturing Co , Japan's top electric arc furnace steelmaker, said on Tuesday it would keep product prices unchanged in August for a seventh straight month.

The company'

Crude steel production hits record highs

Since iron ore and metallurgical coal is primarily used to manufacture steel, and China is the largest producer and consumer of the

Russian steelmaker Severstal OAO said Monday it is selling its Dearborn unit formerly known as Rouge Steel to an Ohio company for $700 million as it exits North America.

Severstal De

Seeking a rollback of the 2.5 per cent duty imposed on coking coal imports, domestic steel firms will try to impress upon the Finance Minister that there is shortage of the raw material in the country and

India's steel consumption edged up by 0.7% year-on-year to 18.82 million tons during the second quarter of this year, as per the latest figures released by Joint Plant Committee (JPC), a body under Ind

The Associated Chambers of Commerce and Industry (Assocham) has urged the government against increasing royalty rates on iron ore, due to its scarcity in the wake of the mining crisis. The apex chamber has

The  Anti-corruption branch of the Central Bureau of Investigation (CBI) has intensified its probe  into the export of illicit iron ore of Karnataka origin from seven ports of three southern stat