Steel Current Affairs, GK & News
On October 3, 2020, PM Modi is to inaugurate the Atal Tunnel, the world longest high-altitude tunnel. It is the world’s longest tunnel to be located above the altitude of 10,000 feet (3,000 feet). About the Tunnel The tunnel is 9.02 km long. The tunnel reduces the distance between Manali and Leh by 46 km. ..
The Government of India recently imposed anti-dumping duty on the steel imported from China, South Korea and Vietnam. Highlights The duty has been imposed on steel products that are imported from these countries below its associated normal value. This is causing the dumping and leads to unfair trade in India. The issue was found by ..
Month: Current Affairs - June, 2020
Category: International Current Affairs
On May 7, 2020, Indian Petroleum Minister Shri Dharmendra Pradhan and Russian Energy Minister alexander Novak held a meeting through video conference. The ministers reviewed ongoing projects. Highlights The ministers emphasized on the cooperation in coking sector. They also held talks about signing a Memorandum of Understanding on Coking coal. The Russian minister briefed about ..
Month: Current Affairs - May, 2020
Category: India Nation & States Current Affairs
Topics: coking coal • Hydrocarbons • India-Russia • Memorandum of Understanding (MoU) • national steel policy • OPEC • Organization of the Petroleum Exporting Countries (OPEC) • Steel • video conference
On March 16, 2020, the National Mineral Development Corporation announced that the prices of iron ore is to be reduced by 1.5%. The Corporation is taking such measures predicting decline in iron ore demands due to the threats of Corona virus. Highlights The steel prices in India reduced in 2019 due to economic slowdown. The ..
Category: Economy & Banking Current Affairs
Purvodaya is a scheme to develop the steel sector in eastern India by creating an integrated steel hub in the eastern region. Recently Union Minister of Steel Dharmendra Pradhan attended the workshop on “Enabling Procedures for Increase of Steel Usage for the Growth of Economy” at Bhubaneswar in partnership with Ministry of Economy, Trade and Industry ..