Steel ministry wants 30 per cent duty on iron ore exports
The steel ministry will soon write to the finance ministry demanding to hike export duty on iron ore to 30 per cent from the current 20 per cent, a move to ensure that there is no shortage of the raw
May hike export duties on iron ore exports: Steel minister
Government on Monday said it may further increase duties on iron ore to discourage its export in order to keep it for meeting domestic demands.
"We have increased export duty from five per cent to
ArcelorMittal facing tougher bid battle
Toronto: Even as ArcelorMittal stuck to its Thursday night deadline of a friendly takeover offer of $492 million to Canada's Baffinland Iron Mines Corporation, rival Nunavut Iron Ore upped its hostile
Centre rules out banning iron ore export
Rejecting Karnataka government's plea, the Centre on Saturday ruled out the possibility of banning iron ore exports, saying such move would result in massive unemployment, revenue losses and social te
Maoists set six iron ore laden trucks on fire
Armed Maoists set on fire at least six trucks loaded with iron ore in Chhattisgarh's violence-hit Dantewada district early on Saturday, police said.
"Maoists came out of forests around midnight and s
NMDC profit doubles
Aug. 2: NMDC Ltd, Asia’s third largest iron ore miner, said that its net profit has almost doubled in the first quarter of fiscal 2010 on the back of a rise in ore prices. The miner has reported a pro