The Andhra Pradesh government today sought to put at the rest the political controversy over the Bayyaram mines issue, saying there was no proposal to divert iron ore to the Visakhapatnam Steel Pla

SC had allowed these mines to resume operations subject to statutory conditions in order dated April 18

In what could be considered as fresh trouble brewing for the iron and steel sector in Karnataka, the mines and geology department, government of Karnataka, has recommended premature termination of 14 iron ore mining leases from Categories A and B in the state.

Ore major keeping domestic price lower than landed cost of import; falling rupee does not come to rescue as international ore prices have also softened

The rupee slide could result in a rise of the steel industry's import bill for key inputs, like coke. But, for now, it is unlikely to alter the equation for those depending on import of iron ore. The recent fall in iron ore prices in the international market has offset the slide in the rupee.

Welcoming Supreme Court’s judgement on Khandadhar iron ore mine case, Posco-India today assured would significantly help to expedite the project and hoped the Central Government would ensure a quic

The Supreme Court today set aside the Orissa High Court order which had quashed state government's petition to allot iron ore licence to South Korean steel major Posco in Khandadhar hills in Sunder

Odisha government had first recommended granting of PL to Posco India in 2006 to the government of India

Central government will decide if South Korean steelmaker POSCO can have preferential access to an iron ore mine for its planned $12 billion steel plant, a top court said, providing a boost to the troubled project billed as the country's largest foreign direct investment (FDI).

POSCO, the world's fourth-largest steel producer, has waited eight years to get necessary clearances, land and an iron ore mining licence to start work on the plant in eastern Odisha state slated to have a capacity of 12 million tonnes a year.

The state government has already acquired 2,000 acres of land for the Posco project

Moving ahead in its land acquisition spree for the Posco project, the Jagatsinghpur district administration aims to complete acquisition of 700 acres of land for the mega steel project in a week. The state government has already acquired 2,000 acres of land for the Posco project. In the current phase of land procurement, an additional 700 acres were to be acquired.

Jharkhand State Pollution Control Board (JSPCB) is cracking its whip on factory owners in Giridih, Koderma and Dhanbad districts for flouting environmental guidelines.