Tag: DR-CLO

India: Sponge Prices decline over hopes of Iron Ore Mines Resumption

Apr 14, 2015

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by

Manish Vasdev

in Uncategorized

Indian Sponge iron prices declined by INR 200-400/MT W-o-W on hopes that Odisha & Jharkhand government may soon permit to resume operations in Iron ore mines closed under MMDR Act. The recent MMDR Ordinance approved in the parliament has a provision of lease extension till Mar’20 for merchant mines and Mar’30 for captive mines, further…