Chattisgarh CM meets Union Steel Minister on iron ore issue

Raman Singh, Chief Minister of Chattisgarh state has apprised Mr beni Prasad Varma, Union Minister of Steel regarding the shortage of Iron Ore faced by steel industry in the state.

Union Minister has instructed officials to find ways to increase the production of NMDC mines in Chhattisgarh and increase supply of iron ore to Chhattisgarh based units.

According to Dr. Raman Singh, Chief Minister of Chhattisgarh , the supply of Iron ore to the steel industry in the State has been severely affected due to stoppage of ore supply from Orissa.

Currently about 2.5 – 2.7 million tons of Iron Ore is supplied by NMDC to Steel industries based in Chhattisgarh. The Chief Minister has requested the steel minister to increase the iron ore supply to 5 million tons per annum.

The Steel Secretary, P.K. Misra indicated that NMDC’s Kirandul 11-B deposit in Chhattisgarh is likely to start production from March 2012, after which the supply position would improve.

In case requisite mines are allotted to them, then the iron ore presently being supplied by NMDC to RINL can be made available to Chhattisgarh based steel units.

Tags: base metals, industrial metals, Iron ore, iron ore price, Iron ore prices

Posted by admin on Dec 1 2011. Filed under Iron Ore. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry