World’s largest steel producer ArcelorMittal has made some headway in India by getting possession of about 1,827 acres for the proposed 6 million tonne plant in Karnataka.

If court puts a cap on iron ore mining in Karnataka, it will be a severe blow to steel industry's expansion plans

The Central Empowered Committee’s (CEC) final report on illegal mining in Karnataka submitted to the Supreme Court recently has sent shockwaves through the iron ore mining and steel industry in the state. Some of the recommendations of the CEC, if accepted by the Supreme Court, will curb illegal mining and that is a laudable goal. However, in doing so, it may also deliver a hammer blow to the state’s expanding steel industry.

State questions the ‘bald and somewhat unsubstantiated’ threshold limit set by the court.

New Delhi, Feb.

New Delhi In what may hit steel and mining companies in Karnataka, the Central Empowered Committee (CEC) in its report to the Supreme Court has recommended that the iron ore mining in Bellary distr

Wants cancellation of 49 iron ore leases, penalties on others

The panel appointed a year earlier by the Supreme Court to probe illegal mining in Karnataka has made several recommendations in its final report, with far-reaching implications. The final report was given to the SC on Friday.

New Delhi The report of the Central Empowered Committee (CEC) on Karnataka’s mining sector, expected to be submitted to the Supreme Court this week, has the state steel industry on the tenterhooks.

Steel companies in the state, including Kirloskar Ferrous Industries and BMM Ispat, are a worried

Agovernment body has recommended that production of iron ore in three districts of Karnataka be restricted to 30 million tonnes per year, casting doubts over steelmakers’, such as Arcelor Mittal an

ArcelorMittal India, the local unit of the world’s largest steelmaker, has started drilling operations at the Seregarha coal block in Latehaar district of Jharkhand, signalling that work toward set

The Union Cabinet on Friday approved the Mines and Mineral Development Regulation Bill that seeks to attract investment by easing land acquisition by stipulating mining companies to pay more compen