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PELLET MAKERS
Russia's AK-47 maker unveils special bullets designed to take down drones mid-airRussia is developing new anti-drone bullets to help soldiers shoot down small flying drones. The rounds break into fragments to improve acc...- India's iron ore pellet makers seek curbs on Iranian imports via OmanIndian iron ore pellet makers are concerned about a surge in imports, allegedly from Iran via Oman, circumventing U.S. sanctions. These che...
- UFlex introduces single-pellet solution for food packagingUFlex has launched an FSSAI-compliant single-pellet solution, integrating recycled and virgin PET for food and beverage packaging, simplify...
- Govt considering KIOCL-NMDC merger: Steel Minister KumaraswamyThe government is considering merging KIOCL with NMDC to tackle financial troubles, as KIOCL has reported significant losses. Union Steel M...
- New duty makes iron ore pellet export unviable, prices to crash by 30%: ReportConsequently, the contribution margins of merchant pellet players are expected to decline roughly by Rs 1,000 per metric tonne from pre-dut...
- Makers of sponge iron seek 30% duty on pellet exportsSponge iron manufacturers say that if iron ore pellets are converted into sponge iron, India can reduce dependency on imported steel scrap.
- PMAI seeks higher duty on export of iron ore with over 58 pc Fe contentIron ore with less than 62 per cent iron content is used for pellet manufacturing.
- Domestic pellet makers are in for better times: ICRAChina remains India’s preferred pellet export destination with a share of 81% in FY2018 (67% in 4M FY2019, the ICRA report said.
- Govt scraps 5% export duty on iron ore pelletsThe latest step is expected to benefit pellet makers, which include top miners, as well as leading steel players.
- Government removes 5% export duty on iron ore pelletsThe government has removed the 5% export duty on iron ore pellets as it meets yet another demand of steel and mining sector companies reeli...
- Government removes export duty on iron ore pelletsThe step is expected to benefit the likes of pellet makers which includes top miners as well as leading steel players.
- Scrap duty on pellet exports: Pellet makers to governmentThe Standing Committee on Coal and Steel had in February also asked the government to roll back the duty as the "increase defied logic".
- KIOCL seeks Steel Minister's help to bring back past gloryKIOCL Ltd has sought Narendra Singh Tomar's assistance in areas such as capacity expansion and foray into new segments to help rejuvenate t...
- Pellet makers urge government to remove 5% export dutyPellets, which are typically spheres of 8-18 mm diameter made out of iron ore and theses are used as raw material in blast furnaces in stee...
- Steel PSUs sign pact to set up Rs 3,500 crore slurry pipelineThe JV will offer finished products to KIOCL, RINL and NMDC as per their shareholding, and the parties can use them as they deem it fit lat...
- Yet to hear from Stemcor on our EoI: Tata SteelTata Steel is yet to receive any communication from the British parent of the iron ore producer and pellet maker.
- Government bans sale or export of iron ore from captive minesThe central government has banned states from allowing sale or export of iron ore by companies granted mining leases for own steel producti...
- Kudremukh Iron Ore in talks for setting up four new pellet plantsKudremukh Iron Ore Company is exploring opportunities to partner state-owned miners and steel makers for setting up four new pellet and ben...
- Essar Americas to invest $1.6 billion for pellet plant in USEssar Americas, a unit of Essar Steel, will invest $1.60 billion (about 8,320 crore) to build a pellet plant in the US.
- Adhunik Metaliks plans Rs 300 crore IPO for mining unitSpeciality steel maker Adhunik Metaliks Ltd will raise Rs 250 to 300 crore through an initial public offering of shares in its mining subsi...
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