New duty makes iron ore pellet export unviable, prices to crash by 30%: ReportConsequently, the contribution margins of merchant pellet players are expected to decline roughly by Rs 1,000 per metric tonne from pre-dut...
02 Aug, 2022, 07.51 PM IST
Row over exporting iron ore pellets, metals and mineral associations seek clarity from governmentAccording to FIMI, pellet exports had been rising for the past few years depriving the domestic steel industry. In the present times the do...
11 May, 2020, 07.17 PM IST
Domestic pellet makers are in for better times: ICRAChina remains India’s preferred pellet export destination with a share of 81% in FY2018 (67% in 4M FY2019, the ICRA report said.
15 Oct, 2018, 05.15 PM IST
Tata Steel to acquire BRPL at enterprise value of Rs 900 croreThe deal will be financed through the flagship’s internal cash flows, according to a statement, and help Tata Steel ramp up its new 3 mt st...
24 Dec, 2016, 12.53 AM IST
Tata Steel to acquire 100% equity in Brahmani River PelletsThe company said it had signed definitive agreement with Aryan Mining and Trading Corporation (AMTC) and other companies in the Moorgate In...
23 Dec, 2016, 04.26 PM IST
Tata, Essar, JSW Steel shortlisted to bid for Stemcor's India assetsEssel Mining and Bhushan Steel, which are also in the fray, will have to submit their final and "binding" bids by the third week of Novembe...
28 Oct, 2013, 07.38 PM IST
JSW Steel may team-up with Noble Group for Stemcor dealSources with direct knowledge suggest that Sajjan Jindal’s JSW Steel may form an alliance with Hong Kong-based trading giant Noble Group to...
11 Oct, 2013, 07.42 AM IST
Calcutta HC restrains Stemcor from selling India assetsStemcor was in the process of selling an iron ore mine and a pellet plant in Odisha as part of a bid to pare debt of $1.2 billion.
26 Sep, 2013, 10.59 AM IST
Yet to hear from Stemcor on our EoI: Tata SteelTata Steel is yet to receive any communication from the British parent of the iron ore producer and pellet maker.
14 Aug, 2013, 08.10 PM IST
Mines minister says Stemcor violated rules to buy mining rights; co rubbishes chargeState govt of Odisha has raised the red flag over the proposed sale of the Indian mining and steel-manufacturing operations of Stemcor Hold...
14 Aug, 2013, 04.00 AM IST
Stemcor may auction its Indian assets: ReportWith race for buying Stemcor's $ 800-million Indian assets hotting up, the British steel company may go the auction way to choose a buyer f...
29 Jul, 2013, 09.21 PM IST
Jindal Steel in talks to buy Stemcor's pellet unit in OdishaJindal Steel and Power (JSPL) is in talks with UK-based steel trader Stemcor to buy its Odisha-based unit, Brahmani River Pellets.
09 Jul, 2013, 09.01 PM IST
- Stemcor's iron ore project in Odisha gets Rs 900 crore funding
A consortium of lenders led by IL&FS have agreed to provide funding to Stemcor, sparking hopes of a revival in lending to large mining proj...
26 Jun, 2012, 01.03 AM IST
- Steel companies with pellet plants to get priority in iron-ore mine allocation
The government's plan is to encourage steel plants that are building pellet plants - units that remove moisture from ores.
08 Jun, 2011, 06.24 AM IST
- Jaihind Projects bags Rs 81.58 cr orders; stock up
Jaihind Projects has bagged orders aggregating to Rs 81.58 crores from Mangalore Refinery, Brahmani River Pellets and Sabarmati Gas.
22 Mar, 2011, 12.43 PM IST
- Nagarjuna bags orders worth Rs 250 crore
Nagarjuna Construction Company on Monday said it has bagged four orders worth Rs 250 crore for construction related works in Delhi, Bhubane...
02 Jun, 2008, 05.25 PM IST
- BRPL acquiring land for pelletisation plant
UK's Stemcor group-promoted BRPL kicks off land acquisition for pelletisation plant.
04 Jul, 2007, 07.45 PM IST