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FERROCHROME PRODUCTION
IMFA to buy Tata Steel’s Kalinganagar ferrochrome plant in Rs 610 crore dealIndian Metals & Ferro Alloys (IMFA) is acquiring Tata Steel's ferrochrome plant in Odisha for ₹610 crore, a move expected to make it India'...
Vedanta puts in more than Rs 12,500 cr to boost metal manufacturing for EV sectorVedanta Ltd has invested over Rs 12,500 crore to enhance metal production. This move supports India's expanding electric vehicle industry. ...
A Bright future ahead: India’s ferro alloys sector embraces transformationThe Indian Ferro Alloys and Producers' Association hosted the 4th International Ferro Alloys Conference, featuring over 550 delegates and i...
Tata Steel arm to double ferrochrome manufacturing capacity“We will take both the organic and inorganic routes to augment our ferrochrome manufacturing capacity in India, leveraging the strength of ...
Industry divided over Odisha's decision to auction chrome minesNeither the players, dependent on these mines, nor Tata Steel which both sold and consumed chrome from the mine is happy with the state gov...
Buy Jindal Stainless, target Rs 151: Emkay Global Financial ServicesBuy Jindal Stainless Ltd. at a price target of Rs 151.
Tata Seel starts to produce ferro-chrome in GopalpurTata Steel has two other Ferro-chrome plants in Odisha- a 65,000 TPA plant at Bamnipal in Keonjhar and the other at Athagarh in Cuttack of ...
Tata Steel's Ferro-Chrome plant at Gopalpur starts productionAs part of the anchor investment in Tata Steel's Gopalpur Industrial Park, the Rs 542 crore Ferro-chrome plant has an installed capacity of...
Tata Steel's Odisha ferro-chrome plant starts productionIt is the first plant in India to use briquetting method of chrome ore fines agglomeration.
Naveen Patnaik inaugurates Tata Steel’s 55,000 TPA ferro-chrome plant in GopalpurT V Narendran, managing director Tata Steel India & S E Asia said, the plant built at a cost of Rs 542 crore, is the first green-field ferr...
Indian ferrochrome producers to benefit from jump in pricesRates of the alloy, which is used in production of steel, have risen in global market due to high demand from China and shortage in supply.
Visa Steel seeks shareholders' nod for merger of JV firm Visa Bao to rationalise costsVBL is a joint venture (JV) between VSL and Baosteel of China, with VSL holding 65 per cent stake and the remaining with Baosteel.
Scrapping export duty on chrome to hit JSL revenue by Rs 300 croreGovernment's decision to scrap export duty on chrome will adversely impact India's largest stainless steel maker, Jindal Stainless
CCI clears acquisition of Rohit Ferro-Tech's unit by Balasore Alloy LtdFair trade regulator CCI has cleared Balasore Alloys' proposed acquisition of Odisha unit of Rohit Ferro-Tech saying that the deal may not ...
Ferrochrome makers plan facility expansion to handle rising demandIndian ferrochrome makers are currently dependent on China, the world’s largest maker of stainless steel, which is also the biggest importe...
Ferro Chrome industry hopes to ride stainless steel growth waveThe domestic ferrochrome industry is expecting stainless steel capacity to double in the next two to three years.
Oman-India JV smelter to start operating next monthIn the first phase, two smelters of Al Tamman Indsil Ferro Chrome will be started in the Sohar free zone, a news report said.
- Orissa mining to e-auction chrome from second quarter
Beginning second quarter, Odisha's state-owned mining firm will e-auction chrome, an ore essential to make stainless steel.
- Posco, IMFA in JV to set up 35k tpa ferrochrome unit at Orissa
Posco today said it has tied up with Indian Metals and Ferro Alloys (IMFA) to set up a ferrochrome making unit at Orissa.
- IMFA Q2 net at Rs 57 crore on rising demand
Indian Metals & Ferro Alloys reported a profit of Rs 57.24 crore for the second quarter of the current fiscal, as against a loss of Rs 2.02...