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India's sponge iron producers seek duties to curb iron ore exports

"We have urged the government that there is a shortage of iron ore, (so) please intervene and levy export duty," Rahul Mittal, chairman of the Sponge Iron Manufacturers Association, told Reuters in an interview.

Iron ore, sponge iron makers say rail rakes still short in supply

According to coal ministry data, the daily average of movement of rakes for all sectors in March was at 294, a dip of 0.27 percent from a year ago.

Coal availability stable, say sponge iron manufacturers

Indeed, a correction in seaborne metallurgical coal prices will help Indian steel mills, as they import 70 percent of their total requirement, according to analysts.

Coal India says to up supply to non-power sectors driven by buffer stock

Coal India has over 37 million ton of coal at its pitheads and therefore, it is considering increasing supply to consumers other than power companies.

JSPL up over 1% on getting long term linkage from Coal India

The company received a long term coal linkage of 0.5 million tonnes per annum for the next five years, it told the exchanges on Monday. Stock has risen over 20 percent in the past one month.

Pick-up in demand to aid topline growth in FY17: Sarda Energy

On back of better demand and higher prices, Manish Sarda, Director, Sarda Energy expects the FY17 topline to be better than FY16.

Rise in sponge iron prices to benefit Tata's EBITDA show in Q2

Sponge iron prices have risen sharply over the last three weeks or so due to demand improvement and likely some supply shortages arising out of higher exports, says Tata Sponge's Managing Director DP Deshpande.

Sponge iron prices at FY17 high; up 8% in last one week

CNBC-TV18‘s Nigel D‘ Souza reports that some lack of rake availability could have also moved up the prices.

Coal India starts fuel auction for sponge iron sector

State-run miner Coal India on June 10 said that auction of coal linkages for the sponge iron sector has started

Coal linkage auction: Floor price may be at CIL's RoM rates

The government is considering a policy for coal linkage auction and has sought comments from stakeholders on the draft auction methodology which it has prepared.

Mesco chases iron ore, coal assets in US, Australia

Mesco Steel has already announced its plan to take its capacity to 4.5 million tonnes (MT) in the next 3-5 years with an investment of Rs 13,500 crore.

Weak steel mkt, iron prices trampled Q4: Tata Sponge

The company's profits were down 79 percent to Rs 8.57 crore year-on-year.

Govt notifies draft rules for e-auction of coal mines

The government today came out with draft rules for e-auction of 92 cancelled coal mines in the first phase, fixing a floor price of Rs 150 per tonne for sectors like steel, sponge iron, cement and captive power.

Revenue growth seen at 20-25% in H2FY15: Godawari Power

Godawari Power and Ispat has partially increased price of iron ore pellets, company director Dinesh Gandhi says adding that the increase in iron ore and coal prices have impacted their margins.

Govt may consider auctioning 8 coal blocks

The development comes at a time when Supreme Court had held that all coal blocks since 1993 have been allocated illegally and arbitrarily, bringing uncertainty to the fate of 218 block allocations.

Coal Ministry invites bids to auction 3 coal blocks

The government has initiated the process of auctioning coal blocks to private companies, by inviting applications for the auction. The blocks will be awarded to steel, sponge iron and cement companies on a competitive bid basis. CNBC-TV18s Anshu Sharma tells us more about the auction process.

Impact of revised coal price mechanism: ICRA Ratings

ICRA Ratings has come out with its report on revised coal price mechanism and its likely impacts. As per the research firm the possibility of grade slippages remains following the completion of the GCV estimation process, in which case the extent of price rise for a particular coal mine would be moderated to an extent.