Budget 2024-25 waives import duties on lithium and other critical minerals“Minerals such as lithium, copper, cobalt and rare earth elements (REE) are critical for sectors like nuclear energy, renewable energy, spa...
23 Jul, 2024, 01.23 PM IST
Govt extends quality control order for ferronickel grade till July 23The extension is for six months till July 23, 2023. The government had earlier given a three-month extension till January 23, 2023. Ferroni...
20 Feb, 2023, 01.26 PM IST
India's finished steel exports grow 25% to 13.49 MT in FY22; imports fell 1.68% to 4.67 MTThe government also made modifications in tariffs on raw materials of steel and other steel products vide notification dated May 21, 2022, ...
20 Jul, 2022, 04.42 PM IST
Revenue loss due to customs duty rationalisation in iron, steel and plastic seen at Rs 10K-15K crThe government is expecting a revenue loss of Rs 10,000-15,000 crore as a result of the recent customs tax recalculation on iron and steel ...
30 May, 2022, 05.29 PM IST
Combating Inflation: Domestic industry to get cheaper steel at the cost of export as govt levies new dutiesThe move will bring some respite to manufacturing industries like automotive, consumer electronics and construction, where high steel price...
21 May, 2022, 11.51 PM IST
Govt waives import duty on some raw materials for steel industry, export duty on iron ore hiked up to 50%The import duty on ferronickel, coking coal, PCI coal has been cut from 2.5 per cent, while the duty on coke and semi-coke has been slashed...
21 May, 2022, 11.28 PM IST
Steel ministry seeks duty-free import of ferronickelThe domestic stainless steel manufacturing industry meets the bulk of its nickel requirements through ferronickel and stainless steel scrap.
12 Apr, 2022, 04.45 PM IST
FICCI seeks zero customs duty on ferronickel; higher import levy on stainless steel flat products in BudgetFinance Minister Nirmala Sitharaman is scheduled to present the Union Budget for FY2022-23 on February 1, 2022. In its budget recommendatio...
16 Jan, 2022, 11.27 PM IST
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...
20 Dec, 2020, 11.28 AM IST
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...
21 Jun, 2019, 06.11 PM IST
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...
01 Feb, 2018, 03.44 PM IST
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.
24 Jan, 2018, 12.36 PM IST
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.
16 Jan, 2018, 12.11 PM IST
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 ...
30 Apr, 2015, 11.33 AM IST
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...
28 Apr, 2015, 12.25 PM IST
- 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.
19 Feb, 2009, 06.36 PM IST
- Jindal Stainless in JV with Indonesian co
Ratan Jindal-led Jindal Stainless has entered into an agreement with Indonesian mining and metals firm PT Antam to form a $700-million join...
13 May, 2008, 06.08 AM IST