Industry News

Steel industry’s iron ore shortage charge ‘artificial’, say miners

Views : 163
Update time : 2020-11-24 15:30:18

Iron ore miners on Monday described as “artificial” the steel industry’s allegation that the steel making raw material is in shortage in the country at present. The domestic steel industry has been petitioning the government for imposing a ban on iron ore exports, at least for the time being, in view of the scarcity and spiraling price of the raw material.

Last week, steel minister Dharmendra Pradhan said a short-term ban on iron ore exports was under consideration.

Related News
Read More >>
India’s Bansal Wire Industries expends stainless steel wire capacity at Uttar Pradesh facility India’s Bansal Wire Industries expends stainless steel wire capacity at Uttar Pradesh facility
Apr .24.2025
India’s Bansal Wire Industries expends stainless steel wire capacity at Uttar Pradesh facility
China’s alumina exports surge in Mar due to domestic oversupply China’s alumina exports surge in Mar due to domestic oversupply
Apr .24.2025
China’s alumina exports surge in Mar due to domestic oversupply
Ferromolybdenum prices rise sharply in China, raising stainless steel costs Ferromolybdenum prices rise sharply in China, raising stainless steel costs
Apr .24.2025
Ferromolybdenum prices rise sharply in China, raising stainless steel costs
Fagersta Stainless upgrades with Danieli’s new stainless steel blooming mill for high-quality products Fagersta Stainless upgrades with Danieli’s new stainless steel blooming mill for high-quality products
Apr .24.2025
Fagersta Stainless upgrades with Danieli’s new stainless steel blooming mill for high-quality products