Mines Secretary Arun Kumar said the government can bag Rs 1 lakh crore from non-coal mineral block auctions in Goa, Odisha and Karnataka in FY18.
Shindo is also president of Nippon Steel & Sumitomo Metal Corp, Japan's biggest steelmaker.
"On December 20, Japan notified the WTO Secretariat that it had requested dispute consultations with India in the dispute 'IndiaCertain Measures on Imports of Iron and Steel Products'," the WTO has said.
Mahindra & Mahindra today said one of its arms has formed a joint venture with state-owned MSTC for scrapping of old automobiles and other white goods.
The government has received representations from the steel industry to increase the import duty, he said.
Men may be not from Mars but they are definitely not from Venus, so make sure their trips are planned with some insight.
The Directorate General of Foreign Trade (DGFT) has extended minimum import price (MIP) on 66 products of iron and steel till October 4 2016, reports CNBC-TV18.
CLSA believes that Vedanta‘s capex is set to remain low, which together with higher operating cash flows will drive strong free cash generation and meaningful deleveraging over FY17-19. It sees Vedanta‘s consolidated net debt to halve from USD 4.5 billion in FY16 to USD 2.1 billion by FY19.
There could be more declines on a longer-term basis. Copper and aluminium are over supplied and there should be production cuts, said Robin Bhar, Head of Metals Research, Global Markets, Societe Generale.
The price increase will be applicable on Street 750, Sportster family and Softail range of bikes in India, Harley- Davidson India said in a statement.
The comments by Ma Guoqiang, the head of state-owned group Wuhan Iron and Steel, are a stark illustration of the challenges facing Beijing as it seeks to retool the economy while avoiding social unrest - anathema to the leadership.
The rally followed losses of around 70 percent in the past three years as iron ore was hit by a global glut and weaker Chinese steel demand.
Billionaire Lakshmi Mittal-led firm reported a net loss of USD 7.9 billion in 2015 mostly because of a USD 4.8 billion writedown on iron ore mining business and a USD 1.3 billion charge on inventory due to the global steel price plunge.
Last month, Goa's mining industry body GMOEA wrote to the Prime Minister's Office, seeking to remove 10 percent export duty on iron ore fines with Fe content below 58 percent and 30 percent export duty on iron ore lumps irrespective of the grade.
The list of 44 most polluting industries include those from the leather industry, iron and steel, paper and jute.
The central government has notified the Schedule of revised All Industry Rates of Duty Drawback effective from November 23, 2015, the Finance Ministry said. Duty drawback is refund of duties on imported inputs for export items
Weak domestic steel demand and higher steel imports are likely to drag JSW Steel's July-September quarter results. The company is expected to report net loss at Rs 150 crore in Q2FY16 from a net profit of Rs 750 crore in corresponding quarter last fiscal, according to a CNBC-TV18 poll.
Indian banks have a total loan exposure of Rs 2.77 lakh crore to the steel sector. Of this, eight projects account for 54 percent of the loan book, and all the eight projects are grappling with cost overruns
In China, the CSI300 stock index was up more than 5 percent by 0421 GMT, extending gains from the previous session after the government launched measures to halt a 30 percent fall in prices since June.
Shares of SAIL fell 3 percent while JSW Steel also slipped 4 percent intraday on Monday. Goldman Sachs has downgraded JSW to neutral.
Sources tell CNBC-TV18 that the government is mulling linkage for captive power for steel, cement and iron sector. The government will be putting out a norm in the bid document for the upcoming coal block auctions.
According to a filing with bourses yesterday, the miner said the production and sales for the same period during the last fiscal stood at 12.86 million tonne and 13.76 million tonne respectively.
India's largest steelmaker, Tata Steel, has set its sights on the Indian iron ore assets of one of Britain's largest independent steel trading companies - Stemcor, according to a media report.
JSPL reported an improvement in their plant load factor (PLF) from 81 percent to 99.5 percent in fourth quarter-ended March on a quarter-on-quarter basis.
CS Verma, CMD, NMDC & SAIL, says that the company has set a production target of 27.4 million tonne for FY14, which indicates minimal growth going ahead.