Gadchiroli pitched as Maharashtra’s future green steel hub India set to drive next global steel demand wave Italy crude steel output rises 3.1% in May Green steel progress remains slow worldwide
The Government of India has constituted an advisory committee to initiate reforms aimed at increasing domestic iron ore production. The move is designed to strengthen raw material availability for the steel sector and reduce reliance on imports.
The committee will review existing challenges in the mining sector and suggest measures to streamline approvals, improve infrastructure, and encourage modern exploration and extraction methods. It will also work on easing regulatory processes, ensuring sustainable mining practices, and creating a roadmap for long-term resource security.
With India’s steel industry expanding rapidly, securing iron ore supply is critical to meeting future demand. The government’s initiative is expected to enhance efficiency, lower costs, and support the nation’s goal of becoming a global leader in steel production.
Also Read : Delhi HC sets aside Patent Office refusal in Nippon Steel “high-strength steel sheet” case Govt Grants Exemptions to Certain Steel Imports from QCO Norms
Tata Steel moved higher after reporting a strong fourth-quarter production update from its Ind...
Business 07-Apr-2026
For the next six months, the government has extended the deadline for industries engaged in the mini...
Non-Ferrous 06-Feb-2024
Tata Steel’s Port Talbot Plant Complicates UK–US Steel Talks Ongoing trade negotiations...
USA 18-Jun-2025
According to International Credit Ratings Agency Fitch Ratings, once construction activities pick up...
Ferrous 14-May-2024
Oil’s on the boil, and India's finances wouldn’t look that pretty if fuel-stoked inflati...
Oil & Gas 12-Apr-2024
The Central Board of Indirect Taxes & Customs (CBIC) has advised its officers to recklessly avoi...
Taxation 25-Jan-2024