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STEEL MELTING SCRAP
Industrial decarbonization hinges on capital cycles, not just clean energy: Jindal Stainless' Kalyan BhattacherjeeDecarbonizing heavy industry is less about clean energy and more about long asset cycles that lock in emissions for decades. The real oppor...
India aiming to cut steel emissions by 25%, double capacity, document showsIndia is set to boost its steel production significantly by 2035-36. The new National Steel Policy 2025 targets a substantial reduction in ...
Jindal Stainless commissions 1.2 MTPA stainless steel melting shop project in IndonesiaJindal Stainless has commissioned a 1.2 million tonnes stainless steel melt shop in Indonesia, boosting its total annual melting capacity t...
Megatherm Induction shares list at 108% premium over issue priceMegatherm Induction's shares listed with a 108.3% premium on the NSE SME platform, debuting at Rs 220 compared to the issue price of Rs 108...
Budget 2018: Secondary steel makers demand removal of import duty on scrapAbolition is expected to help small and medium steel enterprises that are dependent on imports for around 60 per cent of their raw material...
Indian-origin steel tycoon Sanjeev Gupta unveils UK super-plant plansThe firm intends to install 2 million tonnes of liquid steel-making capacity at Newport and almost double the existing rolling capacity at ...
- Sponge iron industry needs quick actions for survival
Presently this important segment of India’s steel industry is passing through its worst crisis and urgent steps are needed for its survival.
- Steel industry seeks withdrawal of import duty on scrap
The steel industry today demanded withdrawal of 2.5 per cent import duty imposed on melting and stainless steel scraps.
Govt imposes import duty on steel, aluminium, brass scrapsSince 2003, import duty on melting steel scrap was nil, while on stainless steel scrap, the duty was reduced to zero in the Budget of 2011.
- Budget 2013: Increase basic customs duty on steel melting scrap to 10 percent, asks SIMA
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 2013: Increase customs duty on sponge iron to 10 percent, asks SIMA
Budget should increase customs duty on sponge iron from current level of 5% to 10%, SIMA said in its pre-Budget memorandum.
Budget 2013: AIIFA wants government to consider deemed duty paid on steel scrapAIIFA in its pre-budget 2013 memorandum has asked the govt to consider deemed duty paid on steel scrap
Budget 2013: Increase basic customs duty on steel melting scrap to 10 per cent, asks SIMAIn its pre-Budget memorandum, SIMA said import of steel melting scrap in current financial year from April 2012 to January 2013 has broken ...
Budget 2013: Increase customs duty on sponge iron to 10 per cent, asks SIMAIn its pre-Budget memorandum, SIMA said import of steel melting scrap in current financial year from April 2012 to January 2013 has broken ...
- Steel producers seeks 'deemed credit' on local scrap units
Secondary steel producers have sought from the Centre 'deemed credit' facility on scrap sourced locally from non-excisable units.
- Steel may not get further duty shield
The steel industry may not get further protection against the rising imports in the forthcoming Budget.
- Mini-steel cos ask govt to put curbs on iron-ore exports
The mini-steel industry has now joined its bigger peers in asking for curbs on iron ore exports from the country.