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SPONGE IRON ASSOCIATION
India's sponge iron producers seek duties to curb iron ore exportsIndian sponge iron producers push for export duties on low-grade iron ore to counter shortages. With 336 plants and 50M tons production, th...- India’s rush to avoid blackouts leaving iron firms without coalSupply pacts for coal deliveries can be renewed if both parties agree, or instead awarded through an auction process that India’s governmen...
- Desperate for coal, India's metal makers hunt for fuel overseasJindal Steel & Power Ltd., which is running its sponge iron plants at 40% capacity as it doesn’t have enough of the fossil fuel, has contra...
- Domestic sponge iron sector might report negative growth due to coal crisis: Industry body SIMASponge Iron Manufacturers Association (SIMA) Executive Director Deependra Kashiva said India is expected to report a 60 per cent quarter-on...
- 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.
- Tata Sponge Iron July-September net profit flat at Rs 27.63 croreThe company is engaged in the production of sponge iron by direct reduction method of iron ore
- Goa sponge iron producers ask government to ensure raw material supplyIron ore is the key raw material used to produce sponge iron which is used in producing semi-finished steel items, ingots and billets.
- Sponge iron makers seek steps to check iron ore pricesBurdened under high raw material costs, the sponge iron makers have pitched for an urgent need to bring down the iron ore prices in the cou...
- Tata Sponge Iron reports 39 per cent fall in April-June net profitTata Sponge Iron's total production capacity now stands at 3.9 lakh tonne a year and has 26 MW power generation capacity.
- Budget 2013: Increase customs duty on sponge iron to 10 percent, asks SIMABudget should increase customs duty on sponge iron from current level of 5% to 10%, SIMA said in its pre-Budget memorandum.
- Tata Steel acquires majority stake in Tata Sponge IronTata Steel has raised its stake in associate firm Tata Sponge Iron to 51 per cent following purchase of 11.26 per cent stake or 17.34 lakh ...
- Tata Sponge Iron's net up 32% in Q1Tata Sponge Iron today reported 32 per cent rise in net profit at Rs 29.71 crore for the quarter ended June 30 on higher sales.
- Tata Steel makes open offers to Tinplate, Tata Sponge investorsTinplate is a subsidiary of Tata Steel as it controls 59.4% stake, while Tata Sponge will become a subsidiary if the proposed open offer is...
- Tata Steel to buy up to 11.26% more in Tata Sponge IronTata Steel made a voluntary offer to the shareholders of Tata Sponge Iron to acquire up to 17.24L shares or 11.26% stake in the associate c...
- Tata Sponge Q2 net grows two-fold to Rs 21.73 croreThe Orissa-based company had reported Rs 10.41 crore net profit in the July-September quarter of the last fiscal, it said in a filing to th...
- Crackdown on illegal mining hits industries in WB and ChatisgarhThe multi-crore mining scam in Orissa is having its political and economic overtones leading to closure of steel plants in the state, West ...
- Demand meltdown dissolves 150 small sponge iron unitsOver 150 small sponge iron units have shut down operations and several small and mid-sized steel plants and rolling mills scattered across ...
- Sponge iron units told to improve efficiencyThe ever increasing number of sponge iron units across the country came in for government scrutiny on Thursday.
- Sponge iron manufacturers to enhance capacityThe government on Thursday asked sponge iron manufacturers to be more competitive and contribute to the growth of the steel sector by enhan...
- Gujarat is country’s No.1 sponge iron producerGujarat has overtaken Chhattisgarh as the largest producer of sponge iron in the country. For the four months (April-July ’06), Gujarat’s p...
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