India and Brazil have signed a significant Memorandum of Understanding (MoU) aimed at strengthening and securing the steel supply chain by enhancing cooperation in mining and mineral resources. The agreement was exchanged at Hyderabad House in New Delhi in the presence of Prime Minister Narendra Modi and Brazilian President Luiz…
Tag: #IronOre
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GST Reforms Boost Jharkhand’s Industry Agriculture & Tourism
Jharkhand, a mineral-rich and industrially vibrant state in eastern India, is poised for a significant economic boost following the recent GST reforms. By reducing tax rates across key sectors such as steel, iron, agriculture, forest products, and tourism, the reforms aim to lower costs, enhance affordability, and stimulate growth in…
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China Halts New BHP Iron Ore Cargoes Amid Pricing Dispute
China has ordered domestic steelmakers and traders to halt new purchases of iron ore cargoes from BHP Group, one of the world’s largest mining companies. The directive, issued by the state-run China Mineral Resources Group (CMRG), comes amid an escalating pricing dispute between Beijing and the Australian mining giant. China’s…