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55 GRADES OF STEEL
ET Prime Special Series: Multibagger or IBC - Curious case of one stock, two companies. Only one of them makes brakesOn paper this is a friction-material company. In practice, the larger force inside the company is an investment portfolio. The friction bus...
ET Prime Special Series: Multibagger or IBC - Part 57: Forging firm that supplies Tata, M&M, JCB. Nobody talks about it enoughFor over four decades, one company has been making crankshafts quietly and precisely, supplying customers from Tata Motors to Liebherr to M...
India's January-October iron ore imports at six-year high, JSW Steel top buyerIndia's iron ore imports have reached a six-year peak. Steel mills are buying more from abroad to secure high-grade ore and benefit from lo...
Steel ministry likely to suspend quality control regime for 55 gradesThe steel ministry plans to suspend quality control orders on 55 steel grades soon. This move aims to boost micro, small, and medium enterp...
Indian steelmakers' body seeks export tariff on low-grade iron ore, pelletsIndian steel producers have requested the government to levy export taxes on low-grade iron ore and pellets to counter local shortages. The...
FIMI urges Centre to withdraw protective support provided to domestic steel players"In order to take undue advantage and profiteering, the integrated steel companies fix up the steel prices almost at par with the internati...
Govt approves pacts for supply of iron ore to Japan, S Korea through MMTCThe range of quantity of iron ore to be exported would be 3.8 million tonnes per annum to 5.5 million tonnes per annum
Government mulls setting up scrap-based steel plants"We are examining the feasibility of setting up scrap-based steel plants," Steel Minister Chaudhary Birender Singh said during Make in Stee...
Vedanta's Sesa Iron Ore to make all mines operational in GoaThe mining industry in Goa had come to a standstill for more than two-and a half year following a Supreme Court order to curb illegalities.
No proposal for revision of export policy on iron ore: GovernmentThere is no proposal before the government for revising export duty on iron ore -- a key ingredient for making steel, Parliament was inform...
Goa miners for abolition of export duty on low-grade iron oreGoa miners have asked the government to withdraw export duty on low grade iron ore stating it would help India to become competitive in the...
Government expects $933 million from iron ore exports to Japan, South KoreaThe government is expecting to earn over USD 933 million (about Rs 5,989 crore) from exporting 16.5 million tonnes (MT) of high grade iron ...
MMTC shares surge over 18 per cent; market cap climbs Rs 830 croreShares of MMTC surged over 18 per cent after the government renewed agreement for supplying up to 16.5 MT of high grade iron ore to steel p...
India to ship 16.5 million tonnes of iron ore to Japan, South KoreaThe contract will be executed by the Metals and Minerals Trading Corporation of India Limited (MMTC) under the Department of Commerce.
Government may lower iron ore export duty if prices stay subduedThe Steel Ministry said it may think of lowering export duty of iron ore from the present rate of 30 per cent if the prices of the key stee...
JSW Steel February production up 43 pc at 9.63 LTJSW Steel reported a 43 per cent jump in its crude steel production at 9.63 lakh tonnes (LT) for the month of February.
Tata Steel's UK unit may see improvement in profitability"In the fiscal year ending March 2014, we expect TSUKH, which generates around 55 per cent of Tata Steel's revenue, to show better operatin...
- New ore royalty maths to hit steel makers
The move will impact the business plans of companies such as Tata Steel, SAIL, Posco and ArcelorMittal, but increase the government’s reven...
- India's iron ore wealth to last for 200 years: Mines Secretary
Seeking to allay apprehensions of steel industry on iron ore availability, the Mines Ministry has said that the country has enough ore to l...
- New-gen steel for modern buildings
Thermo-mechanically treated (TMT) bars are a recent technological advancement for the production of high-strength steels bars for concrete ...