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SECONDARY ALUMINIUM PRODUCTION
Recycling body MRAI urges govt to remove 2.5% duty on aluminium scrapThe recycling industry is urging the government to abolish a duty on aluminium scrap. This removal will lower input costs for domestic manu...- Aluminium industry split over custom duties for scraps and finished productsIndia's aluminium industry is split over import duties. Primary producers, represented by the Aluminium Association of India (AAI), want st...
- Industry body ASMA urges government to waive customs duty on primary aluminium, scrapThe Aluminium Secondary Manufacturers Association (ASMA) is urging the government to eliminate basic customs duties on primary aluminium an...
- CMR Green Tech shares fall 8% after solid 43% stock market debut. Buy, sell or hold?CMR Green Technologies shares fell sharply from their post-listing highs after debuting at a 43% premium to the IPO price. While analysts r...
- CMR Green shares make strong D-Street debut, list at 43% premium over IPO priceCMR Green Technologies made a strong debut on the stock market, with shares listing at a 43% premium on the BSE and 40% on the NSE. The com...
- With robust GMP, how a little-known aluminium recycling IPO is set for one of strongest listings this yearCMR Green Technologies' IPO is poised for a strong debut, boasting a 36% grey market premium. The aluminium recycling giant saw overwhelmin...
- CMR Green Technologies IPO Day 3: Issue booked over 127 times on strong QIB demand; 40% GMP signals strong listing premiumCMR Green Technologies' IPO saw a strong subscription of 127 times, with QIBs leading the demand. The issue, an offer-for-sale, garnered a ...
- CMR Green Technologies IPO Day 2: GMP signals 31% upside; Issue sees strong subscription. Should you subscribe?CMR Green Technologies' Rs 631 crore IPO is attracting significant investor attention. The issue is oversubscribed, with a strong grey mark...
- CMR Green Technologies IPO Day 1: 65% subscribed, GMP at 33%, brokerages review and key detailsCMR Green Technologies IPO opened today with robust investor interest. Non-institutional and retail investors showed strong demand. The gre...
- CMR Green Tech’s Rs 630 cr IPO opens for bidding: Check GMP, brokerages review and other detailsCMR Green's IPO is generating significant buzz, with a strong grey market premium suggesting robust investor interest. The company, a leade...
- Aluminium prices near record high: What’s driving the rally?Aluminium prices are trading near multi-year highs due to persistent structural supply tightness, not temporary factors. Stricter environme...
- Indian recyclers seek removal of import tax on aluminium scrap, letter showsSmall and medium recycling firms are urging the PMO to scrap the 2.5% import tax on aluminium scrap due to rising costs and tight global su...
- Four more sectors brought under greenhouse gas reduction regime: Environment MinistryThe reductions are expected to be in accordance with the Greenhouse Gases (GHG) Emission Intensity Target Rules, 2025.
- Mines Minister launches vision documents for Aluminium and CopperIndia aims to significantly increase its aluminium and copper production by 2047, according to vision documents. The plans include boosting...
- Steel safeguard duty to hike infra costs, hurt MSMEsThe steel safeguard duty is set to increase infrastructure costs. Construction projects may become more expensive. Micro, small, and medium...
- Top aluminium and steelmakers witness a rise in thermal coal stock, secondary players still under pressure“In between, there was a period where we were really worried. Stocks were low; it came down to 4-5 days for us, but now things have improve...
- India needs a dedicated national policy for aluminium to boost overall production: Tapan Kumar ChandThe convention was attended by top leaders of the aluminium Industry, policy makers, secondary producers, technologists and foreign delegat...
- MRAI urges government to remove basic customs duty on import of aluminium scrapAn increase in duty will have an adverse impact on the small and medium players of the sector who make products such as alloys by recycling...
- Mecon recommends 15 per cent minimum import price on aluminium importsMecon was hired by the domestic industry soon after the commerce ministry rejected imposing MIP on aluminium citing it was not in accordanc...
- Government maps duty impact on downstream aluminium sectorMecon is supposed to submit the impact report on secondary and downstream aluminium industry in a month's time and then the Centre will tak...
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