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FERROUS SCRAP
With robust GMP, how a little-known aluminium recycling IPO is set for one of strongest listings this yearCMR Green Technologies' IPO is poised for a strong debut, boasting a 36% grey market premium. The aluminium recycling giant saw overwhelmin...- Buy Kirloskar Ferrous Industries, target price Rs 760: JM FinancialKirloskar Ferrous Industries Ltd., incorporated in the year 1991, is a Small Cap company (having a market cap of Rs 6303.78 Crore) operatin...
- Indian Railways targets raking in Rs 5,400 crore from scrap saleIndian Railways targets Rs 5,400 crore from scrap sales in fiscal 2024-25, a 3.8% increase from the previous year. Railway units instructed...
- EPR for circular economy in discussion to incentivise recycling: OfficialUnder the Sustainable Development Goals (SDG) 2030 initiative, the Ministry of Mines and the Ministry of Steel have issued recycling framew...
- Exemption on ferrous scrap saving grace for stainless steel sector: JSL MDIn her budget speech, the finance minister proposed to continue the exemption from basic customs duty (BCD) on raw materials for manufactur...
- Buy Kirloskar Ferrous Industries, target price Rs 418: ICICI DirectKirloskar Ferrous Industries Ltd., incorporated in the year 1991, is a Small Cap company (having a market cap of Rs 5064.09 Crore) operatin...
- Mines ministry issues framework for non-ferrous metal scrap recycling"Ministry of Mines will work towards creating a sustainable scrap recycling ecosystem...National non-ferrous metal scrap recycling framewor...
- Government mulls making non-ferrous scrap recycling an organized sector with a new frameworkThis framework is also seen to be prepared in the backdrop of the upcoming Vehicle Scrappage Policy for automobiles, which will ensure suff...
- Tata Steel to commission first scrap-based plant in Haryana's Rohtak soon"The first state-of-the-art scrap processing plant of 0.5 million tonne per annum capacity, which is being set-up in Rohtak, Haryana, is sc...
- Govt notifies steel scrap recycling policy: Dharmendra Pradhan"The Steel Scrap Recycling Policy has been notified in the Gazette of India vide No. 354 dated November 7, 2019. The policy provides a fram...
- Need firm policy for scrapping old vehicles: JSW group chairman Sajjan JindalJindal said incentivisation for scrapping old vehicles can be one of the solutions.
- Modi 'best doctor' to cure India of major 'diseases': Arjun Ram MeghwalMeghwal said cleanliness, corruption, poverty, communalism, casteism and terrorism are the six diseases, identified by the prime minister, ...
- Government scraps plan to divest MSTC's subsidiaryMSTC is a metal scrap trading PSU. It also renders services to steel and petrochemical sectors for raw material support.
- Copper recovers on industrial demandLead ingot 150, lead imported 148, aluminium ingots 148, sheet cutting 149, aluminium wire scrap 151 and aluminium utensils scrap 148.
- Copper prices ease on reduced industrial demandCopper prices eased by Rs 2 per kg on the local non-ferrous metal market on Saturday due to reduced industrial demand.
- India's ferrous scrap imports to dip by one-fourth on weaker rupeeIndia's ferrous scrap imports are likely to drop by one-fourth essentially on weaker rupee, lowering steel production and surging usage of ...
- South Eastern Railway increased its earnings through sale of scrap
- Eastern Railway increases earnings from sale of scrap to Rs 352.98 croreER also surpassed the Railway Board's target of Rs 273 crore during the year, thus recording af 29.3% increase in 2011-12 over the target f...
- New ArticleAs it disallows traders from importing scrap, majority in the user community would find it difficult to source raw materials.
- Scrap metal importers come under govt lensThe ministry of commerce has notified that pre-shipment inspection certificates would be required for all imports of shredded scrap metal.
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