Sep 06, 2021 08:55 PM IST
In the last revision announced on August 6, 2021, NMDC had fixed the price of lumps or high-grade iron ore at Rs 7,150 per tonne.
- Jul 12, 2021 08:25 PM IST
The revised prices exclude royalty, District Mineral Fund (DMF), National Mineral Exploration Trust (DMET), cess, forest permit fee, and other taxes, the company said.
- Jun 24, 2021 09:28 AM IST
Iron ore prices have peaked for now; investors should watch out for the timeline and commissioning of the steel plant of NMDC
- Jun 23, 2021 01:53 PM IST
In the year, when the pandemic restricted trade, upended logistics networks and shut down factories, India's exports to China rose 27.7 percent in FY21. A closer look at official figures however show that the growth was fueled by higher prices of iron ores, organic chemicals and petroleum.
- Jun 18, 2021 09:29 PM IST
The production level of important minerals in April 2021 includes, coal 516 lakh tonnes, lignite 31 lakh tonnes, natural gas (utilised) 2,583 million cubic metre, petroleum (crude) 25 lakh tonnes, bauxite 16.61 lakh tonnes, chromite 6.36 lakh tonnes and gold 120 kg.
- May 27, 2021 04:07 PM IST
Patel believes silver prices will outperform gold in the long term with strong economic recovery post pandemic. The gold/silver ratio may see some recovery from current levels towards 75 while long term range is expected to remain at 60-80.
- May 21, 2021 04:33 PM IST
Latest data from the Commerce department for FY21 shows that relatively low value commodities, including both unprocessed raw materials and processed bulk goods, managed to hold their own throughout the pandemic-ridden year. A rise in global commodity prices and unused capacity due to drop in local manufacturing meant many commodity exports even managed to grow in 2020-21.
- Apr 01, 2021 11:24 AM IST
Despite COVID-19 hurdles, incremental loading of around 80 MT was achieved between August and March, surpassing last year’s freight loading numbers
- Mar 06, 2021 07:45 PM IST
In a filing to the BSE, NMDC said it fixed the price of lumps or high-grade iron ore at Rs 5,100 per tonne, and that of iron ore fines or inferior grade ore at Rs 4,210 a tonne.
- Mar 03, 2021 09:38 AM IST
SAIL remains optimistic about steel demand on the back of higher infrastructure spending and strong rural growth. All eyes are on strategic divestment
- Feb 24, 2021 09:59 AM IST
High commodity prices may not be passed on, having a severe effect on the bottomlines of many companies
- Feb 03, 2021 03:58 PM IST
Keith Tan said the customs duty exemption announced in Budget 2021 could give India’s national scrap policy a boost by exposing buyers to greater volumes and varieties of scrap from various origins, which would compete with and spur the domestic scrap collection and processing industry.
- Feb 01, 2021 06:47 PM IST
The company had produced 25.89MT iron ore during the corresponding period a year ago, NMDC said in a BSE filing.
- Jan 25, 2021 09:27 AM IST
Record performance in March 2021 quarter likely, Oman divestment is expected to close by March
- Jan 20, 2021 03:15 PM IST
Australian shipments rose 7 percent to 713 million tonnes (MT), while Brazilian supplies were up 3.5 percent at 235.7MT, data from China's General Administration of Customs showed on Wednesday.
- Jan 15, 2021 09:02 PM IST
It said export duty evasion on iron ore export to China has been continuing since 2015 and the Centre, on being told about this, did not issue even show cause notice to them and refused to stop said smuggling.
- Dec 29, 2020 05:56 PM IST
Hot-rolled coil prices have increased by 46 percent to Rs 52,000 per tonne in November as compared to Rs 37,400 per tonne in July this year. Rebar TMT, which is used in the housing and construction sectors, had touched Rs 50,000 a tonne, industry sources said.
- Dec 10, 2020 09:36 AM IST
Investors need to keep a watch on the increase in inter-corporate loan to Vedanta's promoter group
- Nov 12, 2020 11:36 AM IST
Any positive outcome regarding the Donimalai mine could change our volume assumptions about NMDC
- Aug 12, 2020 02:00 PM IST
In a filing to BSE, NMDC said it has increased the price of lumps or high-grade iron ore by Rs 300 to Rs 2,950 per tonne, and that of iron ore fines or inferior grade ore by Rs 300 to Rs 2,660 a tonne.
- Aug 12, 2020 01:13 PM IST
Iron ore prices seem unstoppable having crossed $120/tonne driven by China’s appetite for steel. What that means for India’s steel companies and for one mining company.
- Jul 17, 2020 04:58 PM IST
Of these mines likely to be auctioned in the three months' time in Madhya Pradesh, there will be two bauxite blocks, one iron ore and one rock phosphate.
- May 12, 2020 08:35 PM IST
The price of iron ore fines, which are inferior grade ore, has also been reduced by Rs 400 to Rs 1,960 per tonne.
- May 05, 2020 04:20 PM IST
The forecast sell-off has been slower than expected owing to stronger-than-expected Chinese construction activity and lower-than-expected Brazilian supply so far this year, analysts wrote.
- Feb 14, 2020 12:51 PM IST
"The Ministry of Environment, Forest and Climate Change has accorded its environmental clearance to Ardent Steel (a subsidiary our company) for enhancement of production capacity of existing iron ore pelletisation plant from 6,00,000 TPA (tonnes per annum) to 6,90,000 TPA through process optimisation without any further capital expenditure for the same," the company said.