Iron And Steel Industry

Order of the National Green Tribunal regarding an illegal cracker unit in Thanjavur district, Tamil Nadu, 29/05/2025

Order of the National Green Tribunal in the matter of News Item titled "2 killed in blast at illegal cracker unit in Thanjavur appearing in The Hindu dated 19.05.2025". The application is registered suo-motu on the basis of the news item titled 2 killed in blast at illegal cracker unit …

Iron ore export faces 15% duty

Government is believed to have decided to impose 15% export duty on iron ore, used for making steel, which has seen a 50% increase in prices since January, thereby fuelling inflation. The decision was taken at the meeting of the Committee of Secretaries (CoS) on May 30, a highly placed …

Cast in Goodwill

The tribals est the sleepy village of Kalyandi in Jharkhand depend on fish farming for living. However, till last year, the hectic activity would come to a grinding halt in May. The reason: non-availability of water in the ponds. This May, fish farming is on in full swing and the …

Govt to look into ban of iron ore export

THE Union government is "looking into" the issue of banning iron ore exports as demanded by the steel makers, Steel Secretary R S Pandey said today. "The issue was being looked into by the government," Pandey told reporters on the sidelines of a function here. Expressing concern over lagging steel …

Posco gets Orissa nod for Khandadhar mines

The Orissa government is all set to recommend the Khandadhar iron ore mines to South Korean steel major Posco. Its recommendation letter is likely to be dispatched some time in the first week of next month as all formalities related to the hand-over have been carried out. There were as …

Steel cos cut exports to bypass duty

JSW Steel Not To Export This Fiscal; Essar & Ispat Look To Reduce HRC Shipments By 60% STEELMAKERS have decided to cut down exports significantly in the wake of the 15% export duty imposed on hot rolled coils (HRCs). While JSW Steel has decided not to export at all this …

Vedanta in talks with 3 firms for steel foray

Karaikudi: Non-ferrous metals major Vedanta Resources is in talks with three steel companies from Japan, Europe and India to be its partner for its proposed entry into steelmaking. The London-based Vedanta's chairperson Anil Agarwal said the group is even open to offering a majority stake in the venture to the …

Infrastructure growth slips

The growth of six core infrastructure industries declined to 5.6 per cent in 2007-08 from 9.2 per cent in 2006-07. However, in March , the growth in these sectors stood at 9.6 per cent compared to 10.5 per cent in March 2007, according to the latest data released by the …

China ups stakes in iron ore battle

Rio Tinto last night slammed Chinese steelmakers over increasingly aggressive negotiating tactics, after the China Iron & Steel Association called for its members to boycott the Anglo-Australian mining group's spot sales of iron ore. The steelmakers have failed to agree a 2008-09 annual contract price with Rio and BHP Billiton …

Essar may join race for CSN`s ore mines

After Tata Steel, Essar Steel is likely to join the race for Brazilian miner and steelmaker CSN's Nacionale Minerios (Namisa), a fully integrated iron ore company, Sources close to the development said Goldman Sachs has approached Essar with the acquisition proposal and the company was considering it. Goldman Sachs, which …

Inflation, interest rate to hit car sales

Japanese carmaker Honda on Tuesday cautioned that high interest rates and inflation would impact car sales in India this financial year, though said premium segment would manage a double digit growth. The company, that rolled out its next-generation Accord sedan after the model was discontinued a few months back, said …

Indias industry corridor on track

India's $90 billion industrial corridor project is on track, and rising prices of steel and cement will not hamper work, industry minister said. It includes high speed rail freight lines, power plants to supply an additional 4,000 megawatt, three sea ports and six airports, 12 industrial clusters, 10 logistic parks …

Govt may scrap steel export duty

Government is considering to withdraw the export duty on steel that it had notified on May 10, after a request towards this end has come from the steel ministry. Steel secretary RS Pandey said the demand of the steel producers on rolling back the export duty is under consideration and …

Steel plant should have come to Sirmour

Nahan- Former MLA from Paonta Doon constituency, Fateh Singh Mehralu, in a statement today, urged Chief Minister Prem Kumar Dhumal to be liberal regarding the development of Sirmaur district. He said Dhumal had assured during the Assembly elections to provide all help for the development of Sirmaur, but in the …

SAIL signs MoU with Kerala to revive SCL

Kozhikode: Steel Authority of India Limited (SAIL) has signed a memorandum of understanding with the government of Kerala for revival of the loss-making Steel Complex Limited (SCL), a 50,000 tonnes per annum company producing continuous cast billets which is used by re-rollers for producing TMT bars for the construction industry. …

On the Desecration of Nehrus Temples: Bhilai and Rourkela Compared

The major steel towns built in the wake of the Second Five-Year Plan were to be "temples' to India's industrial future and secular "modernity'; but soon they were desecrated by ethnic and communal violence. Focusing on two of them, this article shows that the extent of the violence was markedly …

Tata Steel targets Brazil iron ore assets of London Mining

Tata Steel, the world's sixth-largest steel maker, is looking to acquire Brazilian iron ore assets of the UK-based London Mining (LM), which will help ensure raw material supply for its Anglo-Dutch subsidiary, Corus. The valuation of the asset is yet to be completed, but analysts said, it would be in …

High steel prices hit key rail projects

Indian Railways have fallen prey to the spiralling steel prices with a large number of ongoing construction projects, particular those relating to bridges, slowing down and contractors threatening to pull out, citing inability to procure steel at the current market rates What has further raised alarm bells at the Rail …

Paswan serious about Chiria mines

BOKARO (Jharkhand): Union chemical, fertiliser and steel minister, Mr Ram Vilas Paswan today announced plans for setting up of a 12 million ton greenfield steel plant in Jharkhand, but only if the iron ore dispute is settled with the Jharkhand state government. "The steel ministry is keen to set up …

Steel cos warned on price rise

PM, Montek Sound Stern Action, Cos Deny Cartelization, Blame Input Cost As rising steel prices are fuelling inflation in a major way, PM Manmohan Singh on Tuesday warned the domestic steel industry, saying it should not take advantage of global surge in steel prices. He said steel companies should not …

ArcelorMittal rubs $300-m rehab balm on Orissas project affected

ArcelorMittal, the world's largest steel producer, is proposing to spend $300 million in rehabilitation & resettlement (R&R;) and corporate social responsibility (CSR) for its proposed 12 million tonne project in Orissa's Keonjhar. Last week, the steel behemoth gave a presentation to the Keonjhar district administration on its R&R; and CSR …

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