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CBI's initial investigation into the alleged irregularities in granting environment clearances and mining rights in Jharkhand forests to Jindal Steel and Power Ltd and JSW Steel has thrown up enoug

The government has decided to give firms, including JSPL and Tata Steel, more time to seek clearances from Environment Ministry and furnish proof on the same to Coal Ministry by December 1, failing

As only 19 mines have started iron ore production, supply still not sufficient to meet raw material requirement of steel industry

The year 2014 is set to herald better days for the ore-starved steel industry in Karnataka. The Supreme Court appointed Monitoring Committee to oversee E-auction of iron ore in the state is readying to put on auction additional 4-5 million tonnes of iron ore dumps, which contain mostly sub-grade iron ore (with Fe content of 45-50%), for auction as the demand and supply gap still remains wide.

Sajjan Jindal, chairman, JSW Steel, said in a letter ore output has not stabilised in state despite the Supreme Court lifting mining ban in April.

New Delhi : JSW Steel, the country's second largest steel maker, has put its 2-million-tonne (mt) expansion plan at its 10-mt plant at Vijayanagar in Karnataka on hold due to the projected iron ore

The apex court order to restart mining in Karnataka may not provide immediate relief to the steel industry, as it will take at least 18 months to obtain statutory approvals, rating agency India Rat

JSW Steel is looking to secure mining leases, including bidding for new mines, in Karnataka after last week's Supreme Court judgement lifting the mining ban in the state.

The Supreme Court on Tuesday dismissed review petitions filed by the Centre and others against a decision for not granting JSW Steel and Kalyani Steels the mining leases on 380 hectares in Sandur i

States have no power to frame a mining policy dehors the Mines and Minerals (Development and Regulation) Act and the Mineral Concession Rules.

The Supreme Court order is unlikely to bring any big relief to metal and mining companies.