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Reported an 89% fall in profits.
India scrapped export taxes on low-grade iron ore and intermediate steel products.
SAIL and Tata Steel to submit proposals by Sep 21
Tata Steel would stop doing business with Russia on April 20
The consortium will pay royalty of Rs 54 per mt of cargo handled
The government increased the duty on iron ore exports by up to 50%
There are 2 million tonnes of steel orders in the pipeline
The project includes solar, wind capacity installations worth $0.6 bn
Coking coal prices increase due to supply crunch from Australia
Russia’s invasion of Ukraine worsened already exorbitant power costs
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