The Indian government has been caught between the conflicting demands of iron ore miners and steel producers regarding the recently imposed five percent export duty on iron ore pellets, a government official said on Wednesday, March 5. As ...
Tags: Iron Ore, Export Duty
India's Steel Ministry and Canada's Ministry of Natural Resources have signed a letter of intent for cooperation in the iron and steel industry, according to India's Press Information Bureau. Under the cooperation agreement, both ...
Tags: Steel Ministry, Ministry of Natural Resources, cooperation
India has become a net exporter of steel during the April-December period, according to Joint Plant Committee (JPC), a unit of Steel Ministry. India’s steel imports dropped by 29.2% to 4.1 million tons during the April-December ...
Tags: net exporter, steel, steel imports, India
India's Steel Ministry is finalizing a new national steel policy (NSP) focusing on infrastructure development, securing raw materials and human resource development for the growth of the steel industry, according to the Associated Chambers ...
Tags: raw materials
India's Finance Ministry has ruled out reducing the country's current iron ore export duty of 30 percent, according to media reports, ignoring requests from domestic iron ore producers. In August, India's Mines Ministry was seeking to ...
Tags: Iron Ore, Mines Ministry
According to data released by the Indian steel ministry’s Joint Plant Committee, the country’s real consumption of finished steel products totaled 24.14 million tons in April-July, rising by 0.2% year on year. It’s ...
Tags: Finished Steel, Mineral
India's steel ministry has stated that reducing the country's iron ore export tax from the current 30 percent might negatively affect the raw material security of the domestic steel industry and, contrary to the government's view, would ...
Tags: Steel Ministry, Iron Ore Export
India's Ministry of Steel will invest $28 million in research and development of new production technologies for cold rolled grain oriented (CRGO) steel sheets and other value-added innovative steel products, a ministry official said on ...
Tags: Metallurgy, Mineral, Energy, steel
India's Steel Ministry has pointed out that the raw material needs of the two major domestic state-owned steelmakers Steel Authority of India (SAIL) and Rashtriya Ispat Nigam (RINL) will increase by up to 39 percent within three years as ...
Tags: Steelmaker, Raw Material
India's Ministry of Steel has rejected claims by local steel mills that steel products were being dumped by Japanese and South Korean producers under Comprehensive Economic Partnerships Agreements (CEPAs) signed between India and the two ...
Tags: Steel Ministry, Domestic Industry
India's Ministry of Steel has made it mandatory for 16 steel products which have a direct bearing on consumer health and safety to be registered with the Bureau of Indian Standards (BIS) under the Steel and Steel Products (Quality Control) ...
Tags: Registration Mandatory, Foreign Steel Products, Mineral
It is learned that Indian major steelmakers are to enhance production capacity for another 24 million tons per year before financial year 2017-2018. According to the Steel Ministry, the state-owned SAIL will ramp up its capacity from ...
Tags: Indian major steelmakers, production capacity, financial year, 2018
PTI reported that country's major steel makers are set to add around 24 million tonnes per annum capacity through brown field expansions by 2017-18 involving investments to the tune of INR 0.1 million. According to a Steel Ministry data, ...
Tags: steel makers, steel, Steel Authority, steel capacity
PTI cited a senior official of Steel Ministry as saying that the proposal to set up a steel plant jointly by state owned NMDC and Russia's Severstal has been put in cold storage as both the companies are not willing to lose management ...
Tags: PTI, NDMC, POSCO, JV company, Management Issue, steel maker, Severstal
PTI reported that Rashtriya Ispat Nigam,NMDC and MOIL,under the Steel Ministry,are looking to acquire iron ore assets in Brazil,the world's second largest exporter of the steel making raw material. A source said that NMDC had already ...
Tags: Acquire Iron, Brazil, Energy