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DOMESTIC PELLET PRODUCERS
Time to adopt a tactical perspective? 6 metal stocks, 4 with an upside potential of up to 14%In metal stocks, ‘buy, forget, and return after five years’ is not the best strategy to adopt. The sector is cyclical, global, China- and t...- India's iron ore pellet makers seek curbs on Iranian imports via OmanIndian iron ore pellet makers are concerned about a surge in imports, allegedly from Iran via Oman, circumventing U.S. sanctions. These che...
- New duty makes iron ore pellet export unviable, prices to crash by 30%: ReportConsequently, the contribution margins of merchant pellet players are expected to decline roughly by Rs 1,000 per metric tonne from pre-dut...
- FIMI urges Centre to immediately put complete ban on illegal export of iron ore pelletsMiners' body FIMI has urged the Centre to immediately put a complete ban on illegal exports of iron ore pellets stating that such a move wo...
- NTPC invites bids for biomass pellet procurement for thermal plantsThe power producer has envisaged consumption of five million tonnes of pellets in the current year at its 17 its power plants including NTP...
- Makers of sponge iron seek 30% duty on pellet exportsSponge iron manufacturers say that if iron ore pellets are converted into sponge iron, India can reduce dependency on imported steel scrap.
- Domestic pellet makers are in for better times: ICRAChina remains India’s preferred pellet export destination with a share of 81% in FY2018 (67% in 4M FY2019, the ICRA report said.
- KIOCL to import 2 million tonnes of iron ore from Iran, BrazilKIOCL produces iron ore concentrates and iron oxide pellets for domestic firms and also exports the same to companies in Iran, Taiwan and o...
- Assocham urges to bring down import duty on iron ore to nilIndia's annual steel production capacity now stands at around 100 MT and is expected to treble in the next 10-15 years.
- Kalyan Banerjee headed parliamentary panel suggests rollback of 5% export duty on pelletsThe panel, headed by Kalyan Banerjee also recommended that the steel ministry should immediately take up the matter with the finance minist...
- Vote on Account 2014: Roll back export duty on pellets, says Parliamentary panelWith effect from January 27, government imposed a five per cent export duty on iron ore pellets. According to the committee, the increase d...
- Steel companies seek imposition of 30% export duty on iron ore pelletsSteel industry has called for an imposition of 30% export duty on iron ore pellets in view of rising exports in the face of ore shortage.
- KIOCL slams Assocham demand on imposing duty on pellet exportsKIOCL today slammed industry body Assocham for proposing imposition of export duty on the value-added product of iron ore.
- Impose 30 per cent export duty on iron ore pellets: AssochamIndustry body Assocham has asked the government to impose 30 per cent export duty on iron ore pellets.
- Suo motu offered to pay Railways after lapses discovered: Essar SteelEssar Steel today said it has suo motu offered to pay Rs 89 crore, including penalty, to the Railways.
- Budget may offer incentives iron ore minersIron ore producers may get incentives in the next Budget for adding value to the mineral, a move aimed at encouraging its conservation for ...
- Essar Steel hopes to meet its iron ore needs from Odisha projectRuias-promoted Essar needs uninterrupted supply of iron ore to feed its 10-million tonne (mt) integrated steel plant at Hazira in Gujarat.
- ASSOCHAM calls for rationalising of freight rates of iron ore pelletsIndustry body ASSOCHAM has said that freight rates for iron ore pellets being moved for export should be at par with that for domestic move...
- Not cast in iron: Export duty may not count pellets as oreIn a move that would provide relief to steel companies like JSW, Essar Steel and Kudremukh Iron Ore Co .
- Export duty on iron pellets may goThe government is considering a proposal to withdraw the Rs 300 per tonne export duty on iron pellets.
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