India’s steel ministry is coordinating with other ministries to boost domestic steel scrap supply amid potential EU and US export restricti...

The Indian government has been encouraging and urging domestic players to make efforts in increasing scrap's share in steel manufacturing.

And while steelmakers will continue to deploy technology to make the process more sustainable, it is imperative that upstream industries wh...

In her budget speech, the finance minister proposed to continue the exemption from basic customs duty (BCD) on raw materials for manufactur...

The domestic stainless steel manufacturing industry meets the bulk of its nickel requirements through ferronickel and stainless steel scrap.

Finance Minister Nirmala Sitharaman is scheduled to present the Union Budget for FY2022-23 on February 1, 2022. In its budget recommendatio...

"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...

Steel experts too believe that the landed price of raw materials is an important area to focus on.

Abolition is expected to help small and medium steel enterprises that are dependent on imports for around 60 per cent of their raw material...

"We are examining the feasibility of setting up scrap-based steel plants," Steel Minister Chaudhary Birender Singh said during Make in Stee...

The steel industry today demanded withdrawal of 2.5 per cent import duty imposed on melting and stainless steel scraps.

The Sponge Iron Manufacturers Association (SIMA) has asked for an increase of basic customs duty on steel melting scrap from 0 to 10 percen...

Budget should increase customs duty on sponge iron from current level of 5% to 10%, SIMA said in its pre-Budget memorandum.

AIIFA in its pre-budget 2013 memorandum has asked the govt to consider deemed duty paid on steel scrap

In its pre-Budget memorandum, SIMA said import of steel melting scrap in current financial year from April 2012 to January 2013 has broken ...

In its pre-Budget memorandum, SIMA said import of steel melting scrap in current financial year from April 2012 to January 2013 has broken ...

The All India Induction Furnaces Association (AIIFA) has proposed deemed credit of duty on steel scrap for availing CENVAT credit for consi...