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MINING SCRAP REDUCTION
Vedanta Resources looking to rejig $5.5 bn holdco debt in one goAnil Agarwal's Vedanta Resources Ltd is in talks with global banks to refinance its $5.25-5.5 billion debt. The company aims to raise $3.5-...- Cold-rolled formed engineering solution slashes mining scrap by 80 pc, cut costs by 10-20 pc:ExpertsCold-rolled formed engineering solutions are revolutionizing the mining sector by significantly reducing waste, with experts highlighting u...
- Government to greenlight incentives to drive green steel outputThe Indian government is preparing a national mission with a proposed outlay of ₹5,000 crore to promote sustainable steel production, targe...
- Tapping minerals, pushing deep: Can India become a global leader in the critical minerals sector?India's mineral industry, a major global producer, is poised to grow with the introduction of the National Critical Mineral Mission. Govern...
- Scrap availability going to be challenging as 60 nations take measures to ban exports: steel secyThe Indian government has been encouraging and urging domestic players to make efforts in increasing scrap's share in steel manufacturing.
- All that glitters in this CEPA...The CEPA at Annexe 2A has the 'Schedule of Specific Tariff Commitments of India' on trade in goods. Annexe 2A highlights the process of eli...
- Nationwide strike hits banking, public transport services in West Bengal, Kerala, other statesTransactions at many public sector banks have been impacted as employees have not reported for duty. Besides, there might be a delay in che...
- Domestic aluminium industry seeks reduction in basic custom duty on critical raw materialsThe domestic aluminium industry, under representation from the AAI, has sought immediate government support through the forthcoming Union B...
- Reduction in import duty on copper scrap to promote recycling in countryThe move will also lead to social, environmental and economic benefits, besides resulting in potential for employment generation. Recycling...
- Share market update: Metal shares mixed ahead of Union Budget; Hindustan Copper climbs 3%The Nifty Metal index was trading 0.56 per cent down at 2554.55.
- What has kept metals sector abuzz in Budget countdown?The metals and mining sector is eyeing a couple of sops in Budget 2020.
- Infrastructure firms seek higher allocations, ease in borrowings this BudgetSembcorp CEO and India head Vipul Tuli said the power sector should be made a part of the GST framework in 2018.
- Budget 2018: Non-ferrous metals sector wants govt to reduce import duty on raw materialsKey players in the domestic aluminium, copper and zinc sectors include the likes of Hindalco, Vedanta Aluminium, Hindustan Copper (HCL), Na...
- Notes ban to further hit GDP growth: ChidambaramAttacking the NDA government over the scrapping of high value notes, the senior Congress leader said the statistics have 'exposed' its "cla...
- Government may cut export duty on all iron ore grades to 10%The proposal has been made by the Mines Ministry to the Finance Ministry and is likely to be included in the Budget, which will be presente...
- Budget 2014: Aluminium to benefit from hike in bauxite export dutyAnother proposal in the budget this year is to reduce duty on ship breaking scrap from 5% to 2.5%. This will be useful for the domestic ste...
- Karnataka mining case expected to be resolved this week: PK Mukherjee, Sesa Goa"There are no dates coming from the Supreme Court as to when the discussion or hearing will start, thereby giving a lot of uncertainty."
- Budget 2013: Changes expected on foreign trade for metalsFor the metals sector, most of the changes in the Union Budget 2013 are expected to be on the foreign trade front.
- POSCO consortium eyes $1 billion stake in ArcelorMittal Canada mine: ReportA consortium including POSCO is seeking to acquire a roughly $1 billion stake in a Canadian iron ore mine operator controlled by ArcelorMit...
- Curtains up for project importsProject imports got a shot in the arm with the government slashing customs duty from 7.5% to 5%.
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