Iron And Steel Industry

Order of the National Green Tribunal regarding an illegal cracker unit in Thanjavur district, Tamil Nadu, 29/05/2025

Order of the National Green Tribunal in the matter of News Item titled "2 killed in blast at illegal cracker unit in Thanjavur appearing in The Hindu dated 19.05.2025". The application is registered suo-motu on the basis of the news item titled 2 killed in blast at illegal cracker unit …

Iron ore crunch spreading in Karnataka

Companies such as BMM Ispat, Kalyani Steels, Kirloskar Ferrous and MSPL are working on 20 days to one-month inventories Shortage of iron ore supply from Karnataka is posing a challenge to steel and pellet-making plants to maintain their production levels.Companies, such as BMM Ispat Ltd, Kalyani Steels, Kirloskar Ferrous Industries …

OMC signs long-term iron ore sale pacts for Khandadhar mines

State-run miner Odisha Mining Corporation (OMC) has signed pacts with steel makers Adhunik Metaliks and Rexon Strips to supply iron ore for next five years from its Kurmitar Pahar mines in Khandadhar area in Koira mining circle of Sundergarh district. “We have entered into two long-term sales agreements with two …

SC asks Mahanadi Coalfields to supply 2.8 L tonne coal to JSL

New Delhi The Supreme Court on Monday asked Mahanadi Coalfields to supply 2,84,750 tonne of coal to Jindal Stainless’ 1.6 million tonne-integerated stainless steel plant in Orissa. A Bench, headed by Justice KS Radhakrishnan, continued its earlier order asking the Mahanadi Coalfields' to supply 25% of the agreed quantity, as …

Government optimistic about ArcelorMittal steel mill

The State Government on Monday said it is optimistic about establishment of ArcelorMittal’s proposed 12 million tonne per annum (mtpa) steel plant in Keonjhar district in a peaceful manner. Informing this, Steel and Mines Minister Raghunath Mohanty, however, expressed his reservations over the commitment of ArcelorMittal in investing in steel …

Govt Creating Artificial Iron Ore Shortage: Miners’ Body

The federation representing merchant miners in the country claims stocks at mine heads reveal that there is no real shortage of iron ore, a key steelmaking ingredient. In a letter to the finance ministry, the Federation of Indian Mineral Industries, or FIMI, has accused the government, both at the state …

Govt to wait for SC guidance over mines allocation

The state government has decided to wait for Supreme Court decision on Presidential reference on allocation of natural resources before granting any mining leases for coal and other minerals to user industries with whom it has signed memorandum of understanding. The Centre had approached the apex court this April to …

Supreme Court judgement in the case of Monnet Ispat & Energy Ltd. Vs. Union of India dated 26/07/2012

Supreme Court judgement in the case of Monnet Ispat & Energy Ltd. Vs. Union of India dated 26/07/2012. http://www.stpl-india.in/SCJFiles/2012_STPL(Web)_399_SC.pdf

Karnataka ore mining to be delayed

Leases with SC panel-nod yet to get legal approvals from Indian Bureau of Mines operations unlikely to start before October Steel mills in and around Karnataka that are dependent on iron ore from state mines might have to wait for some more time to get fresh supplies, as the resumption …

Locals resort to blockade at JSPL project site

The villagers affected by the six million tonne steel plant of Jindal Steel and Power Ltd (JSPL) at Nisha near here on Monday launched a blockade around the project site to press for fulfillment of their demands pertaining to higher land compensation and jobs in the project. They were also …

Punjab plans to introduce two-part power tariff for retail supply

The Punjab State Power Corporation Ltd (PSPCL) is contemplating the introduction of a two-part tariff in electricity for retail supply consumers except agricultural pumpset consumers, temporary supply consumers and public lighting. The proposed move would not only help the state power utility to raise additional revenue, which has already invested …

Steel cos allege NMDC ore export price lower

New Delhi Steel majors have accused country's biggest iron ore producer NMDC of charging higher prices for ore while exporting at a lower rate and said the “anomaly in pricing mechanism” of the state-run company would lead to higher steel imports. Steel producers said ore prices have come down globally …

Chhattisgarh govt renews MoU with Tata Steel

Tata steel has got another breather as the Chhattisgarh government has renewed the Memorandum of Understanding (MoU) it had signed for setting up a mega steel plant in Bastar region for the third time. The steel major is setting up a 5.5 Million Tonne Per Annum (MTPA) Greenfield integrated steel …

Steel makers to govt: Put steel on negative list in S Korea, Japan CEPA

The domestic steel industry, reeling under high input costs, dipping domestic demand and rising interest rates has demanded that the government expressly place steel on the negative list in the Comprehensive Economic Partnership Agreements (CEPA) with South Korea and Japan failing which, it could bring about severe stress on capacity …

SC notice to JSW, Centre, others on mining issue

New Delhi he Supreme Court has sought replies from the Centre, the Karnataka government and four mining firms including JSW on cross-petitions seeking review of its September 2010 order that set aside a recommendation by the Karnataka government — later endorsed by the central government — to allow mining of …

Cap Iron Ore Mining in Goa at 25 mt a Yr

A panel of experts has recommended capping iron ore mining in Goa to between 20 and 25 million tonnes a year for the next five years, nearly half of what the state produces and exports today. But the committee wants another high-powered committee to arrive at a more ‘evidence-based’ threshold …

JSW to raise Rs 3,000 cr debt for auto steel plant

JSW Steel Limited, the country’s lowest-cost steel producer, plans to set up a 2.3 million tonne per annum (mtpa) cold rolling mill complex to manufacture high-grade automotive steel at Toranagallu in Bellary district. The project is being implemented in phases at an estimated cost of Rs 4,500 crore with Phase-I …

JSPL Raises . 3,500 Cr to Fund Odisha Steel Project

Steelmaker will use the loan for a 2-mt, coal-to-gas direct reduced iron plant near Angul. Unfazed by its failure in Bolivia where it has threatened to walk out of a large steel project due to differences with the Bolivian government, Naveen Jindal-led Jindal Steel & Power has raised . 3,500 …

Sesa Goa to shut down two plants

Panaji Sesa Goa Limited, a subsidiary of Vedanta group, has decided to shut down operation of its two plants in Goa owing to scarcity of iron ore supply as the transportation of ore has been banned due to monsoons. The closure is imminent within next 24 hours as the raw …

SAIL, Kobe Steel to enter JV for Iron Nugget Plant

Cos to use Kobe’s patented technology; plant to come up on SAIL’s alloy steels plant in Durgapur. India’s largest steelmaker Steel Authority of India Limited (SAIL) and Japan's Kobe Steel have signed an agreement to set up half a million tonne iron nugget plant using the Japanese steelmaker’s patented technology. …

Sesa Goa seeks renewal of MoU from Jharkhand government

The multinational iron ore producer and exporter – Sesa Goa Limited has recently approached the state industry department for renewal of its MoU that was signed in 2003-04 and cancelled recently. Industry department source said the company has submitted a representation to this effect to state’s director of industries. Jharkhand …

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