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Will mine auctions help judicious use of natural resource
Steel Insights’ April Cover Story takes a look at India’s natural resource management with the passage of the Mines and Minerals Development and Regulation Amendment Act, 2015, with a focus on Odisha’s mining lease renewals and the mineral-bearing states. It also delves into the royalty aspects and India’s iron ore consumption trends.
The edition takes a detailed view of the ground realities of the Land Acquisition, Rehabilitation & Resettlement LARR Bill, 2015.
Interview focuses on N C Mathur, President, Indian Stainless Steel Development Association ISSDA and Chairman, Steel Furnace Association of India SFAI, who says stainless steel imports from China may touch 2.5 lakh tons this fiscal. There is also a focus on the metal cutting gas industry with a special mention of Indane NANOCUT, the made-in-India high-therm gas manufactured by IndianOil.
Special Feature dissects the woes of sponge ore.
Also watch out for our regular sections on coking coal prices, ferro alloys and corporates.