The Supreme Court on Monday refused to lift ban on export of iron ore pellets from Karnataka-based miners, saying its earlier order is clear. A green bench, headed by Justice JS Khehar, while ruling
National Mineral Development Corporaion (NMDC)
Faced with inordinate delay in securing statutory approvals from various state and central government departments for restarting mines, Karnataka-based iron ore miners have sought approval for enhancement
Base prices doubled in e-auctions; steel makers to move Supreme Court, CCI for intervention; want price fixation agency Iron ore prices have almost doubled at e-auctions in Karnataka, with one mine after another setting much higher base prices. It has led to the impression that they’ve come together to keep prices of this scarce steel raw material high.