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PELLET PRODUCTION
Time to adopt a tactical perspective? 6 metal stocks, 4 with an upside potential of up to 14%In metal stocks, ‘buy, forget, and return after five years’ is not the best strategy to adopt. The sector is cyclical, global, China- and t...- Gallantt Ispat shares soar 56% in just 1 month! Time to book profit or buy more?Gallantt Ispat shares have surged nearly 60% in a month, hitting a fresh 52-week high on the BSE. Strong Q4 production growth and a bullish...
- Govt imposes export curbs on wood briquettesIndia has restricted the export of wood briquettes. This eco-friendly fuel alternative now requires government permission. However, curbs h...
- India's iron ore imports set to hit 7-year high in 2025-2026India's iron ore imports are projected to hit a seven-year peak by March 31. This surge is fueled by a scarcity of high-grade ore and robus...
- Iron ore cargoes diverted from mideast as conflict intensifiesThe market for higher-grade ore tightens. This instability exposes supply chain vulnerabilities. China faces pellet supply loss. Iron ore f...
- 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...
- ArcelorMittal Nippon Steel India announces Rs 1,000 crore additional investment in AndhraThe planned expansion will increase pellet production capacity at Vizag by 35 per cent to 11 MT from 8 MT.
- NTPC seeks startups to produce torrefied biomass pelletsThrough its research and development wing NETRA, the NTPC intends to provide a platform to startups to enable them develop an advanced tech...
- Jindal Steel's pellet plant clocks record annual productionThe plant also achieved the highest ever monthly pellet dispatch of 6,61,786 tonnes in March 2019.
- 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 gives pellet plants one more year to get environment clearancesPellet plants, which are operating without green nod, have been given one more year's time by the Centre to obtain environment clearances.
- Essar Steel's US arm achieves financial closure for $1.8 billion projectProject is estimated to generate $ 180 mn per year in new tax revenues for the Minnesota at full capacity production besides creating emplo...
- Finland's Outotec bags euro 70 million order for iron ore pelletizing technologyOnce operational, the plant will produce annually 4 million tonnes of iron ore pellets to be used as raw material for steel production.
- NMDC to start trial production at Donimalai pellet plant soonNMDC will soon start trial production at its Rs 572 crore pellet plant at Donimalai in Karnataka, although commercial output may begin towa...
- Withdraw export duty on iron ore pellets: Mines Minister to P ChidambaramThe Mines Minister wrote to the Finance Minister after receiving a representation from the Pellet Manufacturers' Association of India (PMAI...
- Mines Ministry examining 5 per cent export duty on iron ore pelletsThe Mines Ministry is examining 5 per cent export duty on iron ore pellets following representations from manufacturers opposing its imposi...
- 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...
- Godawari Power & Ispat: Pellet sales, mining key drivers for companyHigher pellet volumes and better realisations from a decent product portfolio have led to an improved performance by Godawari Power & Ispat...
- Kudremukh Iron Ore takes Railway Board to courtIn a writ petition, which is to come up soon in the Karnataka HC, the steel min enterprise has accused the Railways of discrimination.
- Budget may offer incentives iron ore minersIron ore producers may get incentives in the next Budget for adding value to the mineral, a move aimed at encouraging its conservation for ...
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