Tag: Mining Ban
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Indian Sponge Iron Prices touch 2 Years High
With the Supreme Court’s order on suspending operation at 26 mines in Odisha, which are running under deemed renewal, has severely impacted supply of Iron ore. With this order, almost 18-19 MnT of Iron ore supply will be disturbed on an annual basis (excluding Tata Steel & SAIL). After aggregating SteelMint’s data, it is analyzed…