India’s Supreme Court allows 18 more Karnataka mines to resume operations

Friday, 19 April 2013 16:59:51 (GMT+3)   |   Istanbul
       

India's Supreme Court has decided to lift the mining ban in Karnataka state, allowing 18 more mines, both category A and B, to resume operations 21 months after imposing a mining ban in the state for environmental reasons, according to media reports. Steel producers which had to cut their steelmaking capacities due to lack of iron ore supplies in the state have welcomed the decision.
 
Sesa Goa, one of the Indian iron ore producers allowed to restart mining operations, reported no iron ore production from its Karnataka and Goa operations during the December quarter, as SteelOrbis previously reported.
 
Due to the mining ban in Karnataka, Indian steel producer JSW Steel was operating at 80 percent capacity utilization and the company was reported to be planning to import 5 million mt of iron ore to feed two of its plants. 
 

Similar articles

Daily iron ore prices CFR China - May 6, 2024

06 May | Scrap & Raw Materials

India’s coking coal import port traffic up 13 percent in April

06 May | Steel News

India’s NMDC Limited reports 1% fall in iron ore output in April

03 May | Steel News

ArcelorMittal sees lower net profit and sales revenues in Q1

02 May | Steel News

Daily iron ore prices CFR China - April 30, 2024

30 Apr | Scrap & Raw Materials

Raw Material Suppliers at IREPAS: General market mood hopeful for improvement

30 Apr | Steel News

Daily iron ore prices CFR China - April 29, 2024

29 Apr | Scrap & Raw Materials

India’s SMIOL to ramp up manganese and iron ore mining capacities

29 Apr | Steel News

India’s NMDC hikes prices of iron ore lumps and fines with immediate effect

29 Apr | Scrap & Raw Materials

Brazilian high-grade iron price increases

26 Apr | Scrap & Raw Materials