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Iron ore price fall yet to completely reflect in the domestic market
Steel companies in wait-and-watch mode, expect reduction from NMDC
Iron ore prices likely to bounce back in H2FY21, expected to gain 15%
Recovery in domestic iron ore prices would be propelled by demand uptick as steel makers are expected to ramp up capacity utilisation with concerns easing on the Covid-19 pandemic
Realisation concerns deepen for NMDC after company cuts prices again
Cuts iron ore prices for second straight month in May
Iron ore prices to rise 15-20% in FY21 after expiry of mining leases
By March 2020, more than 30 iron ore mining leases, all held by merchant or non-captive lessees, are scheduled to expire
Govt yet to work out iron ore pricing mechanism; firms want benchmarking
While the ministry of mines favours a benchmarked price, the ministry of steel vehemently opposes such a move
Govt mulls advisory group for NMDC on iron ore pricing
Globally, iron ore prices have increased from $43.45 to $88 a tonne in one year
Panel on iron ore pricing to submit report by the end of March: Government
Government is also likely to finalise the National Steel Policy by April
