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The iron ore sector in India just witnessed an important regulatory milestone. The Government of India has recommended environmental clearance (EC) for diverting 874.924 hectares of forest land to extend iron ore mining procedures by NMDC Bailadila in the Bailadila Reserve Forest (BRF) region of Chhattisgarh’s Dantewada district. This development directly influences the raw material…

India’s steel industry is witnessing rising production costs, not due to demand-side weakness, but rather due to restricted access to an essential raw material called Low Ash Metallurgical Coke (LAM Coke). As steel plays a crucial role in infrastructure, housing, and manufacturing, any disturbance to its cost structure has a direct impact on the economy. Importance of…