The deal would involve a cash payment of US$ 16.47 million for acquisition of 70% shares from existing shareholders.

This decision will impact the domestic Ferro Chrome producers and impact the survival of struggling stainless steel industry.

The 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...

India doesn't have any plan to restrict iron ore exports as domestic output is sufficient to meet industry requirements, Parliament was inf...

Against production of 207.16 million tonnes (MT) iron ore in 2010-11, domestic consumption of the key steel-making raw material was 107.22 ...

Odisha govt today claimed there was no shortage of raw materials for industries in the state even as the Opposition walked out of the House...

Indian Metals and Ferro Alloys, one of the country’s largest chrome producers, has gone to court to stop the Odisha government from allowin...

India has evinced interest in partnering Zimbabwe for developing and utilising the low grade iron ore reserves in the African nation.

The Odisha government today set up a three-member Ministerial Committee for formulation of a policy to ensure smooth supply ore to state-ba...

The Odisha government has decided to reserve all future iron ore, bauxite, manganese & chromite leases for Orissa Mining Corp.

Beginning second quarter, Odisha's state-owned mining firm will e-auction chrome, an ore essential to make stainless steel.

The 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%.

Tata Steel is in negotiations to dispose off its South African plant and assets to raise upwards of $150 million in cash.

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...

Jindal Stainless (JSL), the country’s largest stainless steel maker, has acquired chrome ore assets in the Middle East and Europe.

Jindal Stainless, India's largest stainless steel maker, has acquired chrome ore assets in the Middle East and Europe. The company has also...

The mini-steel industry has now joined its bigger peers in asking for curbs on iron ore exports from the country.