Chief Correspondent, Commodities, India
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Jun 4, 2013

Chhattisgarh sees 33 percent output jump this year

NEW DELHI (Reuters) – India’s fourth-largest iron ore producing state expects to raise production by a third to about 37 million tonnes this fiscal year, even as mining restrictions in two other states turn the country into an importer of the steelmaking ingredient.

Chhattisgarh produced 27.7 million tonnes in the year ended March 2013, with all of that output going to local steel mills, said N.K. Xaxa, mines director of the state.

Jun 4, 2013

India’s No. 4 iron ore producing state sees 33 pct output jump this year

NEW DELHI, June 4 (Reuters) – India’s fourth-largest iron
ore producing state expects to raise production by a third to
about 37 million tonnes this fiscal year, even as mining
restrictions in two other states turn the country into an
importer of the steelmaking ingredient.

Chhattisgarh produced 27.7 million tonnes in the year ended
March 2013, with all of that output going to local steel mills,
said N.K. Xaxa, mines director of the mid-eastern state.

May 31, 2013

Court allows Sterlite copper smelter to resume production

NEW DELHI (Reuters) – India’s largest copper smelter can restart within a week, after a court on Friday gave a conditional go-ahead, ending a two-month-long shutdown that has squeezed domestic supply and boosted imports.

The smelter run by Sterlite Industries (STRL.NS: Quote, Profile, Research), a unit of London-listed Vedanta (VED.L: Quote, Profile, Research), can resume operations in the presence of a court-appointed panel, Justice Swatanter Kumar of a fast-track court, the National Green Tribunal, said.

May 31, 2013

India court allows top copper smelter to resume production

NEW DELHI, May 31 (Reuters) – India’s largest copper smelter
can restart within a week, after a court on Friday gave a
conditional go-ahead, ending a two-month-long shutdown that has
squeezed domestic supply and boosted imports.

The smelter run by Sterlite Industries, a unit of
London-listed Vedanta, can resume operations in the
presence of a court-appointed panel, Justice Swatanter Kumar of
a fast-track court, the National Green Tribunal, said.

May 22, 2013

Copper smelter closures put cable makers in tight spot

NEW DELHI (Reuters) – India’s cable makers face a severe shortage of copper and potential manufacturing delays after the closure of the country’s two biggest copper smelters, which has pushed up prices and led to a spike in imports.

India’s biggest smelter, owned by Sterlite Industries (STRL.NS: Quote, Profile, Research), was shut on March 30 after local residents complained of emissions that led to breathing difficulties, forcing top copper users to rely on rival Hindalco Industries (HALC.NS: Quote, Profile, Research) for almost all their copper needs.

May 22, 2013

India copper smelter closures put cable makers in tight spot

NEW DELHI, May 22 (Reuters) – India’s cable makers face a
severe shortage of copper and potential manufacturing delays
after the closure of the country’s two biggest copper smelters,
which has pushed up prices and led to a spike in imports.

India’s biggest smelter, owned by Sterlite Industries
, was shut on March 30 after local residents complained
of emissions that led to breathing difficulties, forcing top
copper users to rely on rival Hindalco Industries for
almost all their copper needs.

May 16, 2013

Vedanta sends Dubai copper to Sterlite customers

NEW DELHI (Reuters) – Vedanta Resources Plc(VED.L: Quote, Profile, Research) is exporting 4,000 tonnes of refined copper a month from Dubai to customers of Sterlite Industries, whose smelter will stay shut until at least May 22 when a court resumes hearing a case over its closure.

The plant, run by Vedanta unit Sterlite Industries(STRL.NS: Quote, Profile, Research), meets half of India’s copper demand. The closure of the facility, which produces 30,000 tonnes of refined copper a month and exports nearly half of that to China, has tightened supply and driven up prices.

May 16, 2013

Vedanta sends Dubai copper to India after Sterlite closure

NEW DELHI, May 16 (Reuters) – Vedanta Resources Plc
is exporting 4,000 tonnes of refined copper a month from Dubai
to customers of India’s Sterlite Industries, whose smelter will
stay shut until at least May 22 when a court resumes hearing a
case over its closure.

The plant, run by Vedanta unit Sterlite Industries
, meets half of India’s copper demand. The closure of
the facility, which produces 30,000 tonnes of refined copper a
month and exports nearly half of that to China, has tightened
supply and driven up prices.

May 14, 2013

Sterlite copper smelter stays shut, court case continues

NEW DELHI (Reuters) – India’s largest copper smelter will remain shut until at least May 16, when a court hearing will resume into complaints of emissions from the plant.

The facility meets half of India’s demand for the metal, and a near seven-week closure at the plant has tightened supply of refined copper and driven up prices to industry. The plant produces 30,000 tonnes of refined copper a month and nearly half of the output goes to China.

May 14, 2013

India’s top copper smelter stays shut, court case continues

NEW DELHI, May 14 (Reuters) – India’s largest copper smelter
will remain shut until at least May 16, when a court hearing
will resume into complaints of emissions from the plant.

The facility meets half of India’s demand for the metal, and
a near seven-week closure at the plant has tightened supply of
refined copper and driven up prices to industry. The plant
produces 30,000 tonnes of refined copper a month and nearly half
of the output goes to China.

    • About Krishna

      "I lead the India commodities team for Reuters in New Delhi. I cover the coal, metals and mining industries with a focus on government policy. Before coming to the capital in April 2013, I headed two teams of reporters covering small-and-medium-sized U.S./Canada-listed energy and resources companies."
      Joined Reuters:
      August, 2009
      Languages:
      Assamese
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