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REFRACTORIES
Hindalco calls off AluChem acquisition amid prolonged closing delaysHindalco Industries Ltd has decided to terminate its USD 125 million acquisition of AluChem Companies Inc. The cancellation follows extende...- Stocks in news: Adani Group, OMCs, Persistent Systems and IRB InfraThe Indian stock market closed lower on Tuesday, with profit-taking affecting investor sentiment. Adani Group companies resolved their SEBI...
- RHI Magnesita block deal: Dalmia Bharat refractories divests 11.11% stake for Rs 826 crore; SBI MF, Bandhan MF among buyersDalmia Bharat Refractories sold 2.29 crore RHI Magnesita India shares, or 11.11% of equity, through a Rs 826 crore block deal at Rs 360 api...
- For investors who know and accept that bears can roam the street longer: 5 mid-cap stocks with upside potential of up to 29%It is when the market displays the kind of sentiment it is doing now that most investors develop a strong desire to just get out. That’s qu...
- Monolithisch India bags quartzite stone block in Bihar for Rs 157 croreMonolithisch India has made a landmark purchase of a quartzite stone block for Rs 157 crore, marking a pivotal move towards enhancing its r...
- Himadri Speciality Chemicals sets Rs 3,000 cr revenue target for its arm Birla TyresHimadri Speciality Chemicals plans to grow Birla Tyres to Rs 3,000 crore revenue. The company will focus on premium products and expanding ...
- Chemical sector: Although long, there is a way around China trouble; combine 20 stocks to get your portfolio’s chemistry rightFor the chemicals sector, it all depends on a transformation that is still unfolding and will take years to play out. Backward-integration ...
- Ahead of Market: 10 things that will decide stock market action on ThursdayIndian markets extended losses as Tata Group stocks tumbled following N Chandrasekaran’s Tata Sons exit, while crude nearing $90 heightened...
- Refractory Shapes shares list at 142% premium on NSE SME platformRefractory Shapes had a successful debut on NSE SME, listing at Rs 75 with a 142% premium. The IPO of 60 lakh shares was oversubscribed by ...
- Refractory Shapes IPO opens: Check issue size, price band, GMP and other detailsRefractory Shapes IPO aims to raise Rs 18.6 crore, listing on NSE SME platform. Subscription from tomorrow to May 9. Offers various refract...
- RHI Magnesita India aims to garner 40% refractories market share in four years backed by acquisitions, fresh capexIn an interview with PTI, Parmod Sagar, MD & CEO of RHI Magnesita India, said, "the steel sector is in a bullish phase, and steel majors ex...
- Centre aims at covering refractories in PLI 2.0 to support 300 MT steel capacity target by 2030India's Ministry of Steel is in talks with the refractory industry to boost domestic production and reduce the country's dependence on impo...
- India’s refractory companies look for new sources to reduce dependence on ChinaKey refractory companies have already held conversations with leading metal and steel makers like Tata Steel, JSW Steel and Steel Authority...
- SAIL to increase usage of domestically produced refractory productsRefractories are essential materials used by the steel industry in the internal linings of blast furnaces and converters used for steel mak...
- Synergy between steel, refractory industry need of the hour: IRMAThe refractory sector is largely dependent on China for raw-material procurement, much like the steel industry that imports around 40 per c...
- Refractory makers for partnership between stakeholdersDomestic refractory makers also recognised the importance of localisation which has helped them offer their best services and not just prod...
- Budget 2018: Refractory industry hopes changes in the duty structureSteel, power, and cement companies are primary consumers of refractories that are used to line kilns and furnaces.
- Indian Refractory Makers Association to set up Centre of Excellence in Refractories at IIT-BHUThe Centre of Excellence will play a decisive role in addressing the industry's key concerns, namely identification and sourcing of raw mat...
- Germany's RHI may buy Orient Refractories for Rs 600 croreGermany's RHI AG, a leading refractory manufacturer, may acquire Delhi-based Orient Refractories in a transaction valued at about Rs 600 cr...
- Tata Steel to sell stake in Tata RefractoriesTata Steel is scouting for a strategic partner to sell stake in it’s subsidiary Tata Refractories, sources said. Tata Steel has appointed E...
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