The Karnataka government had put eight iron ore mines on an e-auction in September 2018. Out of which, five had qualified for final rounds and the remaining three mines were disqualified.They had less than three bidders hence not qualified for next round

India’s largest state-owned mining company, the National Mineral Development Corporation (NMDC) has cut iron ore prices by 7.8 % for its December deliverable, Steel Mint has come to learn from reliable sources. The current price of DR CLO is Rs 4,620, which

Iron ore imports to India has been showing gradual upside for the past two years with volumes of 5.79 MnT in FY17 and 8.6 MnT in FY’18. Owing to suspension at few major mines in Odisha over delayed penalty payment in the

Strong Chinese demand on strict environmental norms and absence of Samarco gave a big push to Indian pellet export volumes. India exported 9.68 MnT pellets in CY17 which was 5.79 MnT in CY16 and around 1 MnT the year previous. In CY17,

While sustainability has become a catchword in the global iron and steel industry, manufacturers face a two-pronged challenge of ensuring continued supply of high quality raw materials and reducing their carbon footprints. One manufacturer in Odisha (eastern state of India) faced rising

The latest technology developed at Tata Steel Europe’s Ijmuiden site in the Netherlands promises to reduce carbon emissions like never before. Among some of the giant experimental strides that the global iron and steel industry has taken in recent times to reduce

Flexibility in raw materials selection and significantly low operational costs add to the new technology’s commercial prospects Among the few iron making processes that have emerged as an alternative to the BF route, the Finexprocess – developed by steel behemoth POSCO in

Leapfrog Project In a groundbreaking initiative to ensure optimal energy efficiency in steel production, reduce carbon emissions, and provide a fillip to the global circular economy, steel behemoth Arcelor Mittal is halfway through the construction of new premises at its site in

China commissions first commercial HIsmelt plant in Shandong province, which can produce steel using low grade Iron ore fines and non coking coal. Is it the great leap forward in iron making? When China first implemented liberal market reforms it produced just

The recently commissioned ferrochrome plant of Tata Steel at Gopalpur Industrial Park in Odisha has commenced production. The novelty of the plant is that chromite briquettes are used for making ferrochrome which are, in turn, produced at the briquetting plant close by.