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
Buy Indian Metals & Ferro Alloys, target Rs 733: Edelweiss BrokingBuy Indian Metals & Ferro Alloys Ltd. at a price target of Rs 733.
11 Apr, 2018, 10.19 AM IST
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...
18 Jul, 2017, 01.09 PM IST
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 ...
28 Feb, 2017, 06.56 PM IST
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...
28 Feb, 2017, 04.06 PM IST
Tata Steel's Odisha ferro-chrome plant starts productionIt is the first plant in India to use briquetting method of chrome ore fines agglomeration.
28 Feb, 2017, 02.34 PM IST
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...
30 Nov, 2016, 05.06 PM IST
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.
24 Nov, 2016, 08.29 AM IST
Visa Steel surges 20% as firms seeks shareholders' nod for Visa Bao mergerShares of Visa Steel hit their upper circuit limit of 20 per cent on Friday after the company informed stock exchanges that it would seek s...
10 Jun, 2016, 04.01 PM IST
Visa Steel seeks shareholders' nod for merger of JV firm Visa Bao to rationalise costsVBL is a joint venture (JV) between VSL and Baosteel of China, with VSL holding 65 per cent stake and the remaining with Baosteel.
10 Jun, 2016, 03.31 AM IST
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
15 Apr, 2016, 04.34 PM IST
Pact with Tata Steel will help us cut costs: GRK Prasad, Nava Bharat Ventures"Tata Steel will supply the chrome ore and reductant, and we will convert that into ferrochrome. The annualised tonnage target stands at 70...
15 Sep, 2015, 02.59 PM IST
CCI clears acquisition of Rohit Ferro-Tech's unit by Balasore Alloy LtdFair trade regulator CCI has cleared Balasore Alloys' proposed acquisition of Odisha unit of Rohit Ferro-Tech saying that the deal may not ...
26 May, 2015, 09.38 PM 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
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.
04 Nov, 2013, 03.00 AM 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
- Posco, IMFA in JV to set up 35k tpa ferrochrome unit at Orissa
Posco today said it has tied up with Indian Metals and Ferro Alloys (IMFA) to set up a ferrochrome making unit at Orissa.
21 Jan, 2011, 04.37 PM IST