This discussion paper builds on CPI’s earlier work, with a focus on the technologies, challenges, and current state of financing for the decarbonization of India’s iron and steel sectors, since this is
Concerned over rising frequency of industrial accidents, leading to death of workers at the site of Bhushan Steel's plant, the state labour department has decided to engage an independent agency to check the safety measures at the site. Labour minister Bijayshree Routray has also summoned the company's vice chairman and managing director Neeraj Singhal on January 21 for discussions on the matter.
Paradip: The anti-Posco agitation in Jagatsinghpur district took a new turn today with children and women joining the stir for the first time in two years as the government prepared to resume land acquisition in the proposed plant site. Over 2,000 school going children, college students and women joined a sit-in at Balitikira of Gobindpur gram panchayat organised by Posco Pratirodh Sangram Samiti (PPSS), a CPI-backed body opposing the South Korean steel major since it inked a MoU with the state government in 2005.
SC stipulated that a max of 25 mn tn of iron ore can be extracted annually from Bellary district, 5 mn tn from Chitradurga, Tumkur district Faced with the constraints on granting new mining leases in view of the cap on extraction of iron ore at 30 million tonne per annum, the Karnataka government has appealed to the Supreme Court to withdraw its order on limiting iron ore production. The state government, in a fresh appeal before the Apex Court recently, stated that the cap of 30 million tonnes per annum from the three mining districts of Bellary, Chitradurga and Tumkur would jeopardize setting up of new steel mills in the state.
The SC appointed Monitoring Committee is currently assessing the quantity of iron ore available at these dumps in the three mining districts The Supreme Court appointed Monitoring Committee, which is supervising the e-auction of iron ore, has planned to put on auction iron ore dumps containing mostly low-grade iron ore. The committee has started assessing the approximate quantity of iron ore available in the dumps at several places in the three mineral rich districts of Bellary, Chitradurga and Tumkur. The process would be completed in a month’s time and go to Central Empowered Committee (CEC) for an approval to put on e-auction, the sources close to the development said.
Supply drought from India is one important reason why spot ore prices climbed so strongly in December after sinking to a 3-year low in September In an otherwise instructive guidance for all steel stakeholders, global rating agency Fitch Ratings in its ‘2013 outlook steel raw materials producers’ report says India stands the risks becoming a net importer of iron ore in 2013-14. This, by any yardstick, is a far-fetched observation. Federation of Indian Mineral Industries president H C Daga, a no-taker of a possibility of this kind, says, “The ore supply situation has become tight in the wake of a ban on mining in Karnataka and Goa.
The Rashtriya Ispat Nigam Limited (Visakhapatnam steel plant) has received the CII-ITC sustainability award 2012. President Pranab Mukherjee presented the award to A.P Choudhary, the Chairman and Managing
Tata Steel has been asked by the Ministry of Environment and Forests panel to get forest clearances prior to seeking environment nod for its coal mining project in Jharkhand. The Coal Ministry allocated
In an attempt to make power plants using imported coal viable, the government will recast its coal allocation policy to ensure that all such projects that have reached advanced levels of completion get up to 30% of their fuel requirements through indigenously produced coal. The move would benefit six power projects of Adani Power, JSW Steel, Coastal Energen, DCW and Ind Barath Power. The total capacity of these projects is about 4,650 MW and their combined coal requirement is roughly six million tonne.
China's carbon intensity, or its emissions relative to economic output, fell more than 3.5 percent in 2012, outperforming its average annual target, China's chief climate change official said on Thursday.
Steel units and sponge iron makers operating in the state without raw material linkages have demanded holding of separate e-auctions for local end-use industries and bidders having units outside the state. “There should be separate e-auctions for Odisha-based industries and units located outside the state. While units outside the state will only pay commission to the state government for the ore bought through auction, local units are contributing in many ways like payment of taxes and employment generation,” said P L Kandoi, president, All Odisha Steel Federation (AOSF), a body representing the interests of local steel units and sponge iron manufacturers.
