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CHROME ORE MINES
These mid-cap stocks with ‘Strong Buy’ & ‘Buy’ recos can rally over 25%, according to analystsIt is probably time to be bullish as an investor. But remember two things. One: Valuations are still not cheap. Two: Because it is over and...- Vedanta listing: How billionaire Anil Agarwal's 'Fantastic 5' unlocked Rs 63,500 crore value with mega demergerVedanta’s long-awaited demerger culminated with the listing of four newly spun-off businesses, triggering a sharp market re-rating and unlo...
- 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...
- 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.
- Budget 2016: Labour ministry to remove four leviesThe labour ministry has identified four of the six cesses levied to promote workers’ welfare it will axe as part of FM's announcement durin...
- 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...
- Tata Steel shuts down ferroalloy plant due to shortage of raw materialThe 50,000 tonne plant in Odisha was dependent on the company's Sukinda chrome ore mines, an 84.317-million-tonne deposit spread over 406 h...
- IMFA requests Orissa High Court to restrict Tata Steel’s mining of chrome to what it requiresIndian Metals and Ferro Alloys, one of the country’s largest chrome producers, has gone to court to stop the Odisha government from allowin...
- 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.
- Odisha sets up panel to fix policy for ore supply to industryThe Odisha government today set up a three-member Ministerial Committee for formulation of a policy to ensure smooth supply ore to state-ba...
- Orissa mining to e-auction chrome from second quarterBeginning second quarter, Odisha's state-owned mining firm will e-auction chrome, an ore essential to make stainless steel.
- Budget 2012: Mining of iron ore likely to become cheaperMining of iron ore is likely to become cheaper as customs duty on imported plant and machinery used in the industry has been cut from 7.5% ...
- Steel producers urge Odisha government to open minesFaced with raw material scarcity, steel producers have urged the state govt to increase the availability of iron ore by opening all closed ...
- Top stainless steel companies like JSL Stainless and Visa Steel may cut outputMore 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 resourcesThe Union as well as Orissa government appears to have closed their eyes to a broad daylight “robbery” of high grade chrome ore from Tailan...
- Steel ministry wants powers to grant ore mining lease to speed up projectsThe steel ministry has sought powers to grant iron ore mining lease to companies in a bid to fast-track steel projects.
- CAG raps OMC for mismanagement and absence of business approachComptroller 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, EuropeJindal Stainless (JSL), the country’s largest stainless steel maker, has acquired chrome ore assets in the Middle East and Europe.
- JSL acquires chrome ore assetsJindal Stainless, India's largest stainless steel maker, has acquired chrome ore assets in the Middle East and Europe. The company has also...
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