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...
07 Aug, 2019, 11.12 PM IST
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.
14 Apr, 2016, 03.25 PM IST
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...
02 Mar, 2016, 07.21 AM IST
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...
09 Feb, 2015, 12.38 PM IST
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...
08 Aug, 2014, 10.28 PM IST
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...
16 Jun, 2014, 10.50 PM IST
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.
20 Sep, 2013, 10.52 PM IST
- Odisha sets up panel to fix policy for ore supply to industry
The Odisha government today set up a three-member Ministerial Committee for formulation of a policy to ensure smooth supply ore to state-ba...
30 Oct, 2012, 11.10 PM IST
- 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.
27 Apr, 2012, 07.44 AM IST
- Budget 2012: Mining of iron ore likely to become cheaper
Mining 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% ...
16 Mar, 2012, 11.15 PM IST
- Steel producers urge Odisha government to open mines
Faced with raw material scarcity, steel producers have urged the state govt to increase the availability of iron ore by opening all closed ...
12 Jan, 2012, 06.04 AM IST
- 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.
27 Aug, 2011, 02.56 AM IST
- 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...
19 Jul, 2010, 05.13 PM IST
- Steel ministry wants powers to grant ore mining lease to speed up projects
The steel ministry has sought powers to grant iron ore mining lease to companies in a bid to fast-track steel projects.
24 Dec, 2009, 04.18 AM IST
- 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...
19 Jun, 2009, 08.38 PM IST
- 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.
02 Jan, 2009, 12.05 AM IST
- 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...
01 Jan, 2009, 06.43 PM IST