Workers at the Indian government-run iron ore miner NMDC Limited have launched a country-wide protest against the demerger and subsequent sale of the company's greenfield steel mill project, trade union officials said on Thursday, November 18. The trade union officials said that the government's decision to demerge the 3 million mt ...

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Insight Details. Indian Iron Ore Imports Shoot Up by 44% in FY19; Cross 12 MnT. Indian Ferro Chrome prices increased amid improved global market conditions. In China, there is decrease in VAT rates – from 16% to 13% which would have been effective from 1st Apr'19, but the notification is still awaited.

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The manufacturer fluctuates the price with the difference in custom rate according to demand. According to the Economic Times, the forging industry has written to the government of India seeking a ban on the export of steel and iron ore with the sharp price hikes of more than 25-30 percent within the past three months. "Due to the increase in ...

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