NMDC Share Price: NMDC shares dropped 7% to ₹211.55 on NSE amid reports of Karnataka planning to hike iron ore duty. Over 2.5 crore shares traded by 1:30 PM. Shares of state-owned miner NMDC fell 7% ...
The decline in NMDC share followed reports suggesting that the Karnataka government is considering an increase in the duty on iron ore. The state reportedly aims to generate approximately Rs 10,000 ...
Shares of state-run NMDC Ltd. fell as much as 6% on Wednesday, December 18 after sources with knowledge of the matter told CNBC-TV18 that the Karnataka state government is looking to increase the duty ...
The federal government has cut company tax receipts for the first time since the pandemic because of weaker profits from the mining sector, but has left unchanged its iron ore and coal forecasts ...
This critical process involves improving the quality of raw iron ore by removing impurities and enriching its iron content, making it suitable for steel production. With the government now working on ...
Prices of iron ore futures rebounded on Monday, as a revival of hopes for monetary easing in top consumer China outweighed faltering near-term demand and bleak property data that had sent prices ...
BHP paused operations at two iron ore mines in Western Australia on Saturday after heavy rains in the country’s Pilbara region, a spokesperson told Reuters on Tuesday, adding operations have ...
NEW DELHI: Tata Steel has initiated discussions with state-run miners NMDC and Odisha Mining Corporation (OMC) to secure future iron ore supplies as the company ramps up its domestic steel ...
Tesla surged 4% to hit a record high. On the ASX today, iron ore dragged down the miners. Hopes for more stimulus from China had been building, but those were dashed last week when the Communist Party ...
At present, Tata Steel meets its entire demand for iron ore, a key raw material used for manufacturing steel, from six iron ore mines operated by the company in Odisha and Jharkhand. Ramam said raw ...
Iron ore has defied most forecasts and held above the $US100 a tonne mark for the past year, even briefly spiking to more than $US125 in early January, but Goldman ...