Facing iron ore shortages for more than 18 months JSW Steel today said it plans to import 5 million tonnes of the raw material to operate plants in Salem Tamil Nadu and Dolvi near Mumbai
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JSW Steel which operates a 12 million tonne per annum MTPA steel plant at Vijayanagar in Ballari district has proposed to set up a Slurry Pipeline to transport iron ore from coastal Karnataka to its plant a top company official said
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Steel Corp s cost advantage over competitors from owning its iron ore mines is shrinking as the price of the commodity used to make steel
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British based GFG Alliance formerly known as Essar Steel GFG Alliance continues planned expansion in North America with bid for high value iron ore business
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Essar Steel Minnesota LLC and its parent asked a Delaware bankruptcy judge Tuesday for the chance to take discovery of larger rival Cliffs Natural Resources Inc which the debtors suspect of interfering with its contractual relationships to stymie the completion of an iron ore manufacturing project mdash a possible violation of the Sherman Act
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Iron ore price hike forces steel firms to pass on cost As NMDC hikes iron ore prices sale of sick steel units may be hit The Hindu Business Line
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