Reuters India reports Karnataka has not issued permits to export iron ore more than two months after a ban on shipments on the metal was lifted.
Continue reading "Why Has Karnataka Not Resumed Iron Ore Exports?"
Wednesday, April 27, 2011
High iron ore prices are a reality steelmakers have been trying to cope with. There are hopes that recent progress toward lifting an export ban in India will provide some relief, however, those hopes may be met with disappointment.
Continue reading "More Iron from India May not Relieve Steelmakers’ Pain"
Saturday, February 12, 2011
Reuters reported that The Supreme Court may decide as early as next week whether to lift a 6-1/2-month ban on iron ore exports from Karnataka.
Continue reading "Supreme Court Ruling Key to Iron Ore Price Rally"
Monday, November 22, 2010
Prices for iron ore might be on the rise following Friday’s announcement that Karnataka High Court will be continuing to uphold the State’s ban on iron ore exports.
Monday, June 22, 2009
The Karnataka government has urged the Centre to approve the iron ore mining lease in favour of Visvesvaraya Iron and Steel Limited, one of the oldest steel plants in the state, “as a special case”. For full story, click here
Continue reading "Govt. is planning for Iron Ore Royalties linked to price"
Monday, June 1, 2009
India’s iron ore exports dipped 12% year-on-year in March, interrupting the trend of surging sales in the previous three months, as expensive rail freight takes its toll on shipments from Karnataka and eastern India, say leading mining companies. Federation of Indian Mining Industry president Rahul Baldota, stated: The Chinese government, in the past few months, [...]
Continue reading "India’s Iron Ore Exports dipped 12% as freight charge takes toll"
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Wednesday, July 6, 2011