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 …

15 Bellary mines may be allowed to re-start operations by end-August

Iron ore mining may resume by end-August in 14-15 leases in Karnataka’s Bellary region. The mines have a capacity of 4-5 million tonnes per annum. Resumption of operations is being allowed on findings that these leases have the least violations or illegalities. The restart of mines is expected to help …

Nondescript firms got free coal blocks, sold them off for profits

New Delhi Between 2006 and 2009, for a number of relatively obscure firms, getting hold of a coal block was akin to stumbling on a goldmine. The findings of an internal report conducted by the coal ministry on the allocation of resources to private players show that in order to …

Probe into coal blocks allotment finds missing firm, fuel diversion

An internal probe by the coal ministry into the allotment of blocks between 2006 and 2009 has found cases of obscure firms allegedly merging with other firms after getting their hands on the resource, or allegedly diverting excess fuel in violation of norms. The ongoing inquiry began after a CAG …

Karnataka iron ore export ban in focus at Bangalore meet

Miners are now pressuring the state government to lift the export ban to boost their business A two-year old ban on iron ore exports from Karnataka which has halved shipments from the world's No. 3 supplier will be the focus of an industry gathering in Bangalore as pressure mounts for …

Mines Dept detects forest law violation by Patnaik Steel & Alloys

Patnaik Steel and Alloys, a subsidiary of Patnaik Minerals, the lease holder of Banachapani iron ore mine in Keonjhar district, has been found to have violated several forest and environment rules. This is revealed from an enquiry conducted by the State Director of Mines into the issue. “The matter has …

‘Vizag Steel was forewarned by us’

Just days after the Visakhapatnam Steel Plant came third in an environmental rating of the steel industry, a huge fire at the plant claimed 16 lives. The disaster at Vizag raises questions about standards in the steel industry. If health and safety are so poorly managed in one of the …

EIA/EMP report for Iron Ore Beneficiation Plant, Muddavaram (V), Kurnool, Andhra Pradesh

Environmental Impact Assessment and Environment Management Plan report for Iron Ore Beneficiation Plant, Muddavaram (V), Kurnool, Andhra Pradesh.

Uncertainty hangs over Australia on eve of carbon tax introduction

Centrepiece of the country's clean energy plans, the controversial tax has created uncertainty for business, divided opinion and slashed government approval. Can it succeed? Australia's controversial carbon tax comes into effect on Sunday after years of heated debate that has divided public opinion and driven the Labor government to a …

Chinks in opposition might hasten Posco land acquisition

When the anti-Posco brigade celebrated the seventh anniversary of their agitation against the mega steel venture of the South Korean behemoth at Dhinkia near Paradip in Odisha last week, the noise they made against the project was drowned by the murmurs of a split in their ranks. After fighting against …

JSPL’s ASHA, The Hope, best among CSR models

The Corporate Social Responsibility (CSR) of Jindal Steel and Power Limited (JSPL) has been recognised at the national level. The presentation on CSR activities of JSPL ‘Asha-The Hope’ was selected among best three cases which were screened in the CSR case study competition organised by the All India Management Association, …

Karnataka miners look to diversify into pellet making

Absence of export duty and relatively low capital requirement make it an attractive option Iron ore miners in Karnataka, facing uncertainty over possibility of exports in the near future, are increasingly looking at new opportunities to earn higher profits. A large number of miners is exploring the possibility of diversifying …

Tripartite pact with Posco in final stage, says government

The Odisha government on Tuesday assured top Posco India officials that the tripartite pact to enable renewal of lapsed Memorandum of Understanding (MoU) is in the final stage and is set to be executed soon. The tripartite agreement will involve South Korean steel giant Posco, its fully owned subsidiary- Posco …

Posco officials seek information on progress in work

Bhubaneswar: With the Rs 52-crore Posco India steel project getting delayed, a two-member team led by deputy managing director Ryi Chan met chief secretary Bijay Patnaik and IDCO chairman and managing director PK Jena to discuss the progress in taking up the construction work and the preparedness to renew the …

Posco: Govt readying to acquire 700 acres more

Optimistic of acquiring the remaining 700 acres for construction of an 8-million tonne per annum (mtpa) steel project by South Korean major Posco near Paradip, the State Government on Tuesday said it was all set to enter into a tripartite agreement for establishment of the greenfield plant. But the original …

Steelmakers Revive Takeover Bids to Acquire Orissa Sponge

The takeover bids by three steelmakers to acquire Orissa Sponge have been revived after a threeyear lull. Two Delhi-based steelmakers — Bhushan Steel & Power and Monnet Ispat & Energy — have indicated their intention to acquire up to 20% in Orissa Sponge to extend their manufacturing presence in the …

Stemcor’s Iron Ore Project in Odisha Gets .900-crore Funding

The IL&FS-led; consortium’s move sparks hopes of a revival in lending to large mining projects A consortium of lenders led by IL&FS; have agreed to provide . 900 crore to an iron ore project in Odisha promoted by UK-based trading major Stemcor, sparking hopes of a revival in lending to …

Subsidy spoiling green image of Indian cos

New Delhi: Government policies on subsidy are preventing Indian energy-intensive companies from improving their carbon image globally even though comparable firms in the developed world on an average have higher overall emission figures, according to India Market and Environment Report. The report by BSE-GREENEX, the co-creators of India’s first energy …

Steel Prices may Rise 6% in FY13

Rise in demand, input costs and excise duty may push up prices, says think tank CMIE On the back of healthy demand, rise in input costs and hike in excise duty, steel prices are likely to go up by 5.7% this fiscal, according to economic think tank CMIE. “We expect …

SAIL’s Rs 35K cr Jharkhand project caught up in hurdles

State-owned Steel Authority of India Ltd’s (SAIL) plans to set up a steel-cum-fertiliser complex at Sindri in Jharkhand has run into rough weather as the project is facing huge hurdles impeding its implementation. In course of a recent meeting convened by Steel Secretary DRS Chaudhary to assess the progress made …

Odisha to transfer 2,000 acres of land to POSCO soon

The Odisha Government will soon transfer about 2,000 acres of land to South Korean steel major POSCO to begin work on its USD 12-billion project near Paradip in Orissa, stuck for seven years now. “We have acquired 2,000 acres of land for POSCO. We have begun the process of land …

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