Steel News

We strive to let you one step ahead of the market.

India approves Mineral Laws (Amendment) Ordinance 2020

14 Jan 2020 16:25 reported by Andrew Zhang

A A A
India has approved the enactment of the Mineral Laws (Amendment) Ordinance 2020. As a law enacted by the president of India, the effect of the decree will be equal to that of the parliament act. The act would allow the government to implement mining-related policies immediately.

Under the new act, it was expected that the expiration of the lease will have a limited impact on iron ore production in India, which will be lower than the predicted volume of 15-20 million tons in early December 2019.

Back to Steel News

Related News

US initiates AD & CVD investigation against steel mesh from Mexico

  • Government policies
  • 8 Jul 2020 16:54

GCC considering imposing protective tariffs on imported steel

  • Government policies
  • 8 Jul 2020 15:23

China’s Tangshan further limits steel production

  • Government policies
  • 8 Jul 2020 13:48

US announces AD duty rate on steel nails from UAE

  • Government policies
  • 8 Jul 2020 13:22

US steel mills can receive nearly $500 million of corporate loans from government

  • Government policies
  • 7 Jul 2020 15:52

Metal Price Index

Learn more

LME Official Bid Price

  • Zinc
  • 2,023.50
  • 2,035.50
  • Aluminum
  • 1,596.50
  • 1,630.00
  • Copper
  • 6,086.00
  • 6,089.00
  • Nickel
  • 13,231.00
  • 13,286.00

Learn more

Coil Exchange Center

  • 2B Coil-Aug
  • 2,280
  • 2,140
  • NO1 Coil-Aug
  • 2,250
  • 2,110
  • 2B Coil-Aug
  • 2,280
  • 2,140
  • NO1 Coil-Aug
  • 2,250
  • 2,110

Learn more