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SPONGE IRON PRODUCERS
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...- Coal linkage auctions: Coal India steps up supply to non-regulated sector, offers record volumesCoal India Limited is introducing new measures to increase coal supply for non-regulated sector consumers. This aims to reduce import depen...
- CIL's April coal auction quantity drops 6% vs March to 30.5 MTCoal India Limited offered 30.5 million tonnes of coal in April auctions. This marks a slight decrease from March. Global energy prices are...
- 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...
- 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.
- 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.
- Tata Sponge wins bid for 24,000 tons/year of coal from CILTata Sponge is a coal-based merchant sponge iron producer and operates three rotary kilns with an installed capacity of 3,90,000 tonnes per...
- Sponge iron industry needs quick actions for survivalPresently this important segment of India’s steel industry is passing through its worst crisis and urgent steps are needed for its survival.
- Budget 2013: Sponge iron makers ignored againThe demands of the domestic sponge iron producers, a significant segment of the Indian steel industry has been ignored in the Union Budget ...
- Steel cos may get a share of KG gasGovt plans to allot natural gas from Reliance Industries’s Krishna Godavari (KG) basin to steel companies affected by the shortage of the c...
- NMDC to acquire SIIL, plans to invest 400-500 crCountry's largest iron ore producer NMDC Ltd has proposed to acquire Hyderabad-based Sponge Iron India for about Rs 81 crore. Thereafter, i...
- Miners, steel cos likely to end price warPrivate iron ore miners have agreed to enter into long-term supply agreements with steelmakers provided there assured commitment on uptake ...
- Export cess hike may not hit sponge iron cosDomestic sponge iron makers which includes firms such as Jindal Steel and Power, Monnet Ispat and Vikram Ispat may not face the heat of the...
- Grasim sells sponge iron biz to Welspun Power for Rs 1,030 crThe SPV would use the funds inducted by Welspun to make the payment to Grasim.
- Modis up Bihar Sponge stakeThe Modis have bought out German development financial institution DEG’s 7% equity stake in Bihar Sponge Iron in a Rs 5.5-crore deal.
- 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...
- Pollution laws to hit Goa’s sponge iron industryFor the sponge iron industry in India Goa was virgin territory that was relatively unexplored.
- 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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