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FERRO NICKEL
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...
FY26 Budget: Jindal Stainless wants nil import duty on molybdenum ore, other raw materialsJindal Stainless has urged the government to abolish import duties on essential raw materials like molybdenum ore and maintain zero duties ...
Jindal Stainless seeks zero customs duty on ferro nickel, molybdenumFinance Minister Nirmala Sitharaman will table the full budget for FY25 in Parliament on Tuesday. The industry has also sought continuation...
Request government for protectionist measures in Budget; remove duty on raw materials: Abhyuday JindalJindal Stainless Ltd (JSL) MD Abhyuday Jindal has urged the government to remove import duty on raw materials in the upcoming Union Budget ...
Govt may address inverted duty structure for certain steel products in Budget: SourcesSources said that the government may consider removing customs duties on raw materials used for manufacturing of certain flat-rolled produc...
Stainless steel industry seeks zero duty on ferro-nickel, scrap in upcoming BudgetAhead of the Budget, the Indian Stainless Steel Development Association (ISSDA) has urged the government to remove import duty on ferro-nic...
ISSDA seeks custom duty relief on raw materials importsISSDA has said in a submission to the government that ferro-nickel and stainless steel scrap attract an import duty of 2.5% each and are un...
Budget 2018 leaves stainless steel industry disappointedISSDA said that the decision of the government to continue levying import duty on ferro-nickel and stainless steel scrap will act as deterr...
Can Arun Jaitley show some mettle for the steel sector in this Budget?Steel experts too believe that the landed price of raw materials is an important area to focus on.
Budget 2018: Stainless steel industry seeks removal of import duty on raw materialsThe steel ministry had already made a request to the finance ministry in this regard, Steel Secretary Aruna Sharma said.
Budget overlooks plight of stainless steel industry: ISSDAWhile it welcomed the move to remove basic customs duty on nickel it pointed out that a major part of the stainless steel industry's demand...
ISSDA urges government to raise effective basic customs duty on stainless steel flat productsISSDA said the duty hike on finished products must be looked upon from the viewpoint that Indian stainless steel industry has faced an unpr...
Nickel futures up by Rs 6 on global cues, spot demandAt the Multi Commodity Exchange, nickel for delivery in May gained Rs 6 or 0.70 per cent to Rs 865.80 per kg in a business turnover of 584 ...
Nickel futures down Rs 6.20 per kg on overseas cuesAt the Multi Commodity Exchange, nickel for delivery in April shed Rs 6.20 or 0.73 per cent to Rs 846.80/kg in a business turnover of 311 l...
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%.
Budget 2012: Government may consider listing Ferro Manganese Slag under Free Items, says FICCIGovernment may consider listing Ferro Manganese Slag under Free Items instead of Restricted Items under chapter heading 2621 9000.
- Union Budget 2011: Abolition of import duty on stainless steel to lower production cost
The Budget has proposed to cut duty on scrap to 0 from 2.5% and that on ferro nickel to 2.5% from 5%.
- Budget 2011: IFAPA recommends increase in custom duty on ferro alloys
IFAPA pre-budget memorandum has given the following recommendations for the Ferro Alloys Industry:
- No plans to abolish import duty on ferro-nickel, says Govt
Government does not propose to abolish import duty on ferro-nickel, a key input for producing alloy and stainless steel.
- Budget may cut duty on ferro nickel to 2%
Budget 2008 may bring in good news for homemakers. The finance ministry is considering cutting import duties on ferro nickel from present 5...