Indian steel industry creating new opportunities for ferro-alloy sector: IFAPAAs India's steel sector expands, local ferro-alloys producers find exciting prospects ahead. The industry emphasizes the need for secure ac...
For investors who know and accept that bears can roam the street longer: 5 mid-cap stocks with upside potential of up to 29%It is when the market displays the kind of sentiment it is doing now that most investors develop a strong desire to just get out. That’s qu...
SC seeks Tata Steel reply to Odisha government's appeal against High Court orderThe Supreme Court has sought a response from Tata Steel regarding an appeal filed by the Odisha government. This appeal challenges a high c...
Tata Steel Mining Ltd to double its ferro chrome manufacturing capacityTSML said it had acquired three chromite mines in the 2020 mineral auctions --Sukinda Chromite Mine, Saruabil Chromite Mine and Kamarda Chr...
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...
Balasore Alloys to acquire 70% share in Zimbabwe AlloysThe deal would involve a cash payment of US$ 16.47 million for acquisition of 70% shares from existing shareholders.
Tata Steel's Odisha ferro-chrome plant starts productionIt is the first plant in India to use briquetting method of chrome ore fines agglomeration.
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
Abolishing export duty on Chrome ore to hurt domestic industryThis decision will impact the domestic Ferro Chrome producers and impact the survival of struggling stainless steel industry.
Competition Commission of India finds no evidence of unfair practice by Odisha Mining CorpCompetition Commission has rejected allegations that Odisha Mining Corp abused its dominant position in fixing the price of chrome ore.
- Budget 2012: Removal of import duty on thermal coal a positive step for steel industry, says Vishal Agarwal, Visa Steel
The government's move to remove import duty on thermal coal will benefit the domestic steel industry, said Vishal Agarwal, managing directo...
Budget 2012: IFAPA proposes WTO recommended level of duties on Ferro Alloys & its Raw MaterialsThe association is also looking forward to a reduction in the duty on basic raw material to 0% from the present level of 2.5%-7.5%.
- Top stainless steel companies like JSL Stainless and Visa Steel may cut output
More than 300 out of 350 steel units, which were built at a total investment of Rs 2 lakh crore, have already shut down operations.
- Centre, Orissa govt close eyes to loot of mineral resources
The Union as well as Orissa government appears to have closed their eyes to a broad daylight “robbery” of high grade chrome ore from Tailan...
- CAG raps OMC for mismanagement and absence of business approach
Comptroller and Auditor General has rapped state-owned Orissa Mining Corporation for mismanaging its affairs and complete absence of busine...
- Jindal Stainless buys chrome ore assets in Middle East, Europe
Jindal Stainless (JSL), the country’s largest stainless steel maker, has acquired chrome ore assets in the Middle East and Europe.
- JSL acquires chrome ore assets
Jindal Stainless, India's largest stainless steel maker, has acquired chrome ore assets in the Middle East and Europe. The company has also...