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Home > News > Odisha mulls canalisation of iron ore trade > Odisha mulls canalisation of iron ore trade

Odisha mulls canalisation of iron ore trade [1]

The state is the highest producer of high-quality sized iron ore and fines, with annual output surpassing 75 mn tonnes

Odisha, the largest producer of iron ore in the country, is mulling canalisation of iron ore trade by appointing a designated agency in order to bring in transparency and generate more revenue. The single-point trading process is likely to push iron ore rates and impact margins of steel makers across the country who depend on the state for the raw material supply, as many other major producers, such as Karnataka and Goa, have restricted output.

Publication Date: 
02/11/2012
Sadananda Mohapatra [2]
Business Standard (New Delhi) [3]
Tags:
Orissa (Odisha) [4], Iron [5], Trade [6], Minerals [7], Iron And Steel Industry [8], Chhattisgarh [9], West Bengal [10], Goa [11], Karnataka [12], Supreme Court [13], National Mineral Development Corporation (NMDC) [14], POSCO [15], ArcelorMittal [16], Mining [17]
Centre for Science and Environment
National Knowledge Commission Government of India

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Source URL: http://admin.indiaenvironmentportal.org.in/news/odisha-mulls-canalisation-iron-ore-trade

Links:
[1] http://admin.indiaenvironmentportal.org.in/news/odisha-mulls-canalisation-iron-ore-trade
[2] http://admin.indiaenvironmentportal.org.in/category/author/sadananda-mohapatra
[3] http://admin.indiaenvironmentportal.org.in/category/newspaper/business-standard-new-delhi
[4] http://admin.indiaenvironmentportal.org.in/category/thesaurus/orissa
[5] http://admin.indiaenvironmentportal.org.in/category/thesaurus/iron
[6] http://admin.indiaenvironmentportal.org.in/category/thesaurus/trade
[7] http://admin.indiaenvironmentportal.org.in/category/thesaurus/minerals
[8] http://admin.indiaenvironmentportal.org.in/category/thesaurus/iron-and-steel-industry-0
[9] http://admin.indiaenvironmentportal.org.in/category/thesaurus/chhattisgarh
[10] http://admin.indiaenvironmentportal.org.in/category/thesaurus/west-bengal
[11] http://admin.indiaenvironmentportal.org.in/category/thesaurus/goa
[12] http://admin.indiaenvironmentportal.org.in/category/thesaurus/karnataka
[13] http://admin.indiaenvironmentportal.org.in/category/thesaurus/supreme-court
[14] http://admin.indiaenvironmentportal.org.in/category/thesaurus/national-mineral-development-corporation-nmdc
[15] http://admin.indiaenvironmentportal.org.in/category/thesaurus/posco
[16] http://admin.indiaenvironmentportal.org.in/category/thesaurus/arcelormittal
[17] http://admin.indiaenvironmentportal.org.in/category/thesaurus/mining