China is said to be considering a move to cut tax for iron ore mining companies in a bid to reduce input costs for the nation's steel industry. The country's Ministry of Industry and Information Technology is reportedly working with the ...
Tags: iron ore, tax cut, China, mining companies
Business Standard reported that te steel makers in Chhattisgarh are mulling a plan to block the transportation of iron ore from the NMDC facility if the mining major fails to take any decision to cut the price. Chhattisgarh Sponge Iron ...
Tags: Chhattisgarh Steel, steel market, steel, steel price
The Economic Times reported that NMDC's E auction for iron ore lumps again found few takers on November 20th with less than 1 to 10 of what it put up for sale. In half a dozen E auctions held recently, NMDC has found that almost 93% of ...
Tags: NMDC', Nmdc E Auction, Iron Ore, India
PTI reported that seeking immediate intervention of Steel Ministry, steel producers from Karnataka said they may have to shut their shops due to shortage of iron ore and its higher prices. As per report, there are 37 units which are ...
Tags: Ore Crisis, steel, steel market, Indian steel
The Jakarta Post reported that low average selling price of steel resulting from an oversupply in the domestic market hit earnings of the country's major steel producers in the first nine months of this year. Mr Edward Pinem executive ...
Tags: Industry Trends, Fasteners, steel
During April-August this fiscal, steel imports into India grew 38.6 per cent to 3.32 million tonnes over 2.39 mt in the corresponding period last year. Production during this period grew 4.3 per cent to 31.71 mt from 30.42 mt, while ...
Tags: Industry Trends, bearing
The European Union threatened to impose tariffs on steel from China to counter alleged subsidies to Chinese exporters, bolstering a new front in the EU's battle to protect its producers. The EU opened a probe into whether Chinese ...
Tags: Market View, Steel
The European Union threatened to impose tariffs on steel from China to counter alleged subsidies to Chinese exporters, bolstering a new front in the EU's battle to protect its producers. The EU opened a probe into whether Chinese ...
Tags: Market View, Steel