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FERROCHROME INDUSTRY
Stainless steel companies seek govt action on China dumping & raw materialsIndia's stainless steel sector is preparing for significant growth. Producers are expanding capacity to meet rising domestic demand. The in...- Vedanta puts in more than Rs 12,500 cr to boost metal manufacturing for EV sectorVedanta Ltd has invested over Rs 12,500 crore to enhance metal production. This move supports India's expanding electric vehicle industry. ...
- A Bright future ahead: India’s ferro alloys sector embraces transformationThe Indian Ferro Alloys and Producers' Association hosted the 4th International Ferro Alloys Conference, featuring over 550 delegates and i...
- Tata Steel subsidiary bags second chrome mine after Misrilall in e-auction in OdishaThe aggressive bidding for the chrome deposits has surprised some in the industry despite the fact that the Saruabil mine was considered a ...
- 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...
- We benefitted from having locked in long term contracts at high prices: Subhrakant Panda, MD, IMFA"Realisations for the quarter were about Rs 93,000 a tonne and that is because we mostly sell on long-term contracts and so these prices we...
- Tata Seel starts to produce ferro-chrome in GopalpurTata Steel has two other Ferro-chrome plants in Odisha- a 65,000 TPA plant at Bamnipal in Keonjhar and the other at Athagarh in Cuttack of ...
- Tata Steel's Ferro-Chrome plant at Gopalpur starts productionAs part of the anchor investment in Tata Steel's Gopalpur Industrial Park, the Rs 542 crore Ferro-chrome plant has an installed capacity of...
- Tata Steel's Odisha ferro-chrome plant starts productionIt is the first plant in India to use briquetting method of chrome ore fines agglomeration.
- Naveen Patnaik inaugurates Tata Steel’s 55,000 TPA ferro-chrome plant in GopalpurT V Narendran, managing director Tata Steel India & S E Asia said, the plant built at a cost of Rs 542 crore, is the first green-field ferr...
- Indian ferrochrome producers to benefit from jump in pricesRates of the alloy, which is used in production of steel, have risen in global market due to high demand from China and shortage in supply.
- Scrapping export duty on chrome to hit JSL revenue by Rs 300 croreGovernment's decision to scrap export duty on chrome will adversely impact India's largest stainless steel maker, Jindal Stainless
- Tata Steel SEZ woos investors at China International FairAs part of 'Make in India' pavilion at the exhibition, TSSEZ put up a stall at the fair along with other state governments, including Odish...
- 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...
- NSEL scam: Court orders auction of stock of one of the borrowersThe special court also said the competent authority will auction the stock of ferro-chrome, weighing about 14,243 tone
- Ferro Chrome industry hopes to ride stainless steel growth waveThe domestic ferrochrome industry is expecting stainless steel capacity to double in the next two to three years.
- 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.
- IMFA Q2 net at Rs 57 crore on rising demandIndian Metals & Ferro Alloys reported a profit of Rs 57.24 crore for the second quarter of the current fiscal, as against a loss of Rs 2.02...
- Visa Steel hikes stake in JV with Chinese BaoDomestic steel producer Visa Steel has raised its stake to 65 per cent in Visa Bao Ltd, the joint venture with Chinese steel major Bao Stee...
- Tata Steel commissions first furnace at South AfricaTata Steel has commissioned the first furnace at its ferrochrome plant at Richards Bay, about 150 km north of here.
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