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Steel firms under pressure as iron ore prices rise17-NOV-09
Ore prices have increased 20 per cent in a month.
Iron ore export up 13% in H1 on China demand08-NOV-09
Iron ore exports jumped 13 per cent in the first half of the current financial year due to a sudden spurt in Chinese offtake as steel mills build their inventory.
Iron ore prices dip 36% in 3 weeks11-SEP-09
Slumped to $60-65 a tonne from the recent peak of $112-115 a tonne in August.
Miners mulling cut in iron ore output03-SEP-09
Shaken by a sudden halt in demand from China, Indian iron ore miners are planning production cuts.
Ore firms slam new royalty scheme20-AUG-09
Demand removal of ambiguity in the formula before its implementation.
FIMI opposes coal blocks auction proposal10-JUL-09
The Federation of Indian Mineral Industries (FIMI), the representative body of mineral industries in India, has opposed the government’s move to auction coal blocks for captive mining.
Levies may make Indian iron ore less competitive24-JUN-09
India may lose its competitiveness in the Chinese market if the government levies the market-linked royalty and export duty proposed on iron ore, said R K Sharma, secretary general, Federation of Indian Mineral Industries (FIMI).
Iron ore prices rise 10% in June on China demand11-JUN-09
Iron ore prices surged 10 per cent, touching a four-month high in June on rising demand from China even as the final decision on long term contract prices remained unresolved between Australian suppliers and Chinese buyers.
Chinese iron ore price formula to help India27-MAY-09
China’s iron ore ‘equilibrium’ formula is likely to benefit Indian exporters of the ore more than its competitors Brazil and Australia, traders and exporters said.
Iron ore export prices to China up 12 per cent19-MAY-09
Iron ore export price to China has increased by around 12 per cent since end of April on the back of higher ocean freight rates.
Orissa to form State Industrial Security Force22-APR-09
The Orissa government will set up a State Industrial Security Force in line with the Central Industrial Security Force (CISF) to combat the threat to different mining and industrial establishments in the state from naxalites in the wake of recent attack by the red ultras on the mines of public sector national Aluminium Company (Nalco) in Koraput district.
Iron ore exports up 17% in Feb on China demand17-APR-09
The country's iron ore exports increased by nearly 17 per cent to 12.6 million tonnes in February mainly on account of improved demand from Chinese steel mills, the apex miners body FIMI said today.
Low China demand hits iron ore exports19-MAR-09
India’s iron ore exports may not achieve last year’s figure of 104.27 million tonnes because of a steep fall in demand from China, the largest buyer of Indian steelmaking raw material.
Steel to pick up by June quarter26-DEC-08
Industry likely to maintian margins.
Steel regains shine as inventories dip14-DEC-08
Prices of some select steel products have moved up in the last fortnight as a result of a decline in their inventory level.
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