You are here: Home > Steel News > Latest Steel News > Goa...

Goa government cancels registration of iron ore traders for failure to submit documentation

Tuesday, 09 July 2024 15:29:54 (GMT+3)   |   Kolkata
       

The government of the western Indian coastal state of Goa has canceled registration of 50 percent of active iron ore traders for failing to provide documents for verification, sources said on Tuesday, July 9.

They said that around 250 iron ore traders were registered with the directorate of mines and geology of the Goa government and almost half did not submit the documents necessary for renewal of registration, following which their permits to conduct business have been cancelled.

According to the sources, when mining activities in the state were halted in 2012 following a court order, the directorate had suspended licenses of iron ore traders but, with mining activities poised to be resumed, traders had been directed to submit documents afresh for renewal of their trading activities including the lifting of stocks from freshly-mined volumes and existing dumps lying across the state.

But only half the traders complied with the notice seeking renewal of registration, the sources said.


Similar articles

Daily iron ore prices CFR China - July 12, 2024

12 Jul | Scrap & Raw Materials

Turkey’s iron ore imports increase by 56 percent in January-May

12 Jul | Steel News

Major steel and raw material futures prices in China – July 12, 2024 

12 Jul | Longs and Billet

Ukraine’s Sukha Balka commissions two new iron ore blocks

12 Jul | Steel News

Iron ore down week on week as demand softens, today’s rebound hardly sustainable

11 Jul | Scrap & Raw Materials

India-based SMEL’s stainless steel output doubles in June

11 Jul | Steel News

Major steel and raw material futures prices in China – July 11, 2024 

11 Jul | Longs and Billet

Daily iron ore prices CFR China - July 10, 2024

10 Jul | Scrap & Raw Materials

Malaysia’s Fortress Minerals to supply iron ore to local steelmaker

10 Jul | Steel News

Major steel and raw material futures prices in China – July 10, 2024 

10 Jul | Longs and Billet