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Steel ministry keen to be on board for iron ore, coking coal issues

The steel secretary agreed that iron ore prices have appreciated but it was due to some mines turning inoperative

Topics
Coking Coal

Jayajit Dash  |  Bhubaneswar 

Realising the importance of iron ore and coking coal to the competitiveness of steel making, the Union steel ministry said it wants to be consulted on all decisions concerning the two commodities. The steel ministry though has turned down any possibility of direct control of the two key ingredients.

All decisions relating to coking coal and iron ore fall under the purview of the Mines ministry. The ministries of steel and mines are often seen at loggerheads with each ministry making efforts to protect the industries under its control. "We are advocating a thought process ...

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First Published: Tue, February 06 2018. 18:41 IST
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