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Karnataka’s New Mineral Tax to Impact Steel Industry Margins

The Karnataka government has introduced a two-part mineral-bearing tax that is expected to pressure the profitability of steel companies. The levy, which applies...

ConstructionNewsSteel DailyTrending News

Tata Steel collaborates with NMDC and OMC to secure future iron ore supply

Tata Steel has begun negotiations with state-owned enterprises NMDC and Odisha Mining Corporation (OMC) to guarantee a consistent supply of iron ore for...

NewsSteel DailyTrending News

NMDC Steel’s Q2 Loss Soars to Rs 595 Crore Amid Rising Expenses

NMDC Steel Limited reported a substantial net loss of Rs 595.37 crore for Q2 FY24, reflecting a significant rise from the Rs 131.10...