23
Aug
14:27
Vedanta expands Karnataka mining allocation, stabilises Electrosteel production
Vedanta has successfully secured an increase in mining allocation at its Karnataka iron ore mine to 4.5 million tonnes/year, and remains in talks with the Goa government to resume operations in the state. This comes after the Supreme Court increased the state quota for Karnataka by 5m t/y to 35m t/y.
Vedanta's consolidated sales plummeted -39% on-year in the first fiscal year through June (FQ1) to 1.4 million tonnes, with sales at Goa falling -44% to 1mt and…
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Anonymous
Very good overview of the weekly steel market.
Anonymous