Vale has agreed with Nu-Iron Unlimited, a unit of U.S.-based Nucor, a reduction of 48.3 percent in the price of iron pellets for 2009. For full story, click here
TOI declared that with a view to minimize traffic snarls on the national highway 17 by putting a cap on the number of manganese ore trucks plying to New Mangalore Port on a day to day basis, the district administration has shot off a letter to the department of mines and geology requesting the director [...]
The Indian Commerce Ministry is likely to planning to reduce export duty on iron ore. It is also planning to put forward a proposal with regard to waiving the additional railway surcharge on iron ore. For more information, click here
Friday, June 26, 2009