Iron And Steel Industries
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Indian Iron Ore And Steel Stocks Slump, Autos Rise After Export Tax Hikes
Shares in Indian steel and iron ore groups including Tata Steel and JSW Steel slid on Monday at the steepest pace since early 2020 after the government imposed heavy export taxes on the sector, while carmakers rose on lower input costs.
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Indian Iron Ore And Steel Stocks Slump, Autos Rise After Export Tax Hikes
Shares in Indian steel and iron ore groups including Tata Steel and JSW Steel slid on Monday at the steepest pace since early 2020 after the government imposed heavy export taxes on the sector, while carmakers rose on lower input costs.
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Tatas In Talks With West Bengal Government For Big Ticket Investments
One of the biggest business conglomerates in India, the Tatas, are in talks with the West Bengal government over big ticket investments in the state.
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Punjab Government Shuts Iron, Steel Industries To Divert Oxygen For Medical Use
With many hospitals reporting a shortage of oxygen amid spiralling coronavirus cases, the Punjab government on Saturday ordered the closure of operations at the state's iron and steel industry to divert oxygen for medical use.
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Indian Steel Policy Draws Japanese-Led Criticism at WTO
The government's decision to put minimum prices on imported iron and steel, and to impose emergency "safeguard" tariffs on some steel imports, drew wide criticism at a meeting of the World Trade Organization's Goods Council on Friday, a WTO official said.
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Low Steel Prices to Continue in 2016: ArcelorMittal
Steel and iron ore prices are sensitive to trends in cyclical industries, it said.
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Steel Makers Urge Government to Extend Relief Package
Most companies in the sector are likely to default on their loans.
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Refineries, Metals, Fertilisers to Bear Brunt of Rupee Fall: Care
While the sharp rupee fall has helped the IT, pharmaceuticals, textiles and two-wheeler segments, the five most vulnerable sectors are refineries, iron and steel, fertilisers, aluminium and power, rating agency Care said on Tuesday.
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JSPL May Bid for Ore Mines in Odisha: Report
To ensure raw material supply to its plants, Jindal Steel and Power Ltd (JSPL) may bid for iron ore mines in Odisha in forthcoming auctions, which are scheduled to start in October-November this year.
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Government to Raise Tariffs on Some Base Metals by 2.5%
Iron and steel, copper, nickel and aluminium are among commodities listed as base matals under Chapter 72 of the Central Board of Excise and Customs.
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JSPL Crude Steel Production Up 38% in Q1
Jindal Steel and Power Ltd (JSPL) on Friday said it steel production grew by a healthy 38 per cent to 1.10 million tonnes in April-June quarter of this fiscal year, helped by capacity upgrade and better utilisation.
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FY15 Iron Ore Imports Hit Record 15.5 Million Tonnes
India's iron ore imports jumped to a record above 15 million tonnes in the fiscal year to end-March as tumbling global prices and limited domestic supply pushed steelmakers to buy more of the raw material overseas, industry data showed on Monday.
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Government Plans to Auction Iron Ore, Bauxite Minerals
In a bid to bring in reforms in the mining sector and enhance transparency, the government plans to auction minerals such as iron ore, bauxite and manganese, Parliament was informed on Wednesday.
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Reliance Cement Bags Block in Madhya Pradesh in First Coal Mine Auction
Reliance Cement beat Hindustan Zinc Ltd (HZL) and OCL Iron & Steel to bag the Sial Ghoghri coal mine in Chhindwara district of Madhya Pradesh, a top official said.
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India Ratings Maintain Steel Producers on Negative Outlook
India Ratings & Research on Tuesday said it has maintained its rated steel producers on a negative outlook for 2015-16 despite softening of interest rates and expected growth in consuming industries.
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Indian Iron Ore And Steel Stocks Slump, Autos Rise After Export Tax Hikes
Shares in Indian steel and iron ore groups including Tata Steel and JSW Steel slid on Monday at the steepest pace since early 2020 after the government imposed heavy export taxes on the sector, while carmakers rose on lower input costs.
-
Indian Iron Ore And Steel Stocks Slump, Autos Rise After Export Tax Hikes
Shares in Indian steel and iron ore groups including Tata Steel and JSW Steel slid on Monday at the steepest pace since early 2020 after the government imposed heavy export taxes on the sector, while carmakers rose on lower input costs.
-
Tatas In Talks With West Bengal Government For Big Ticket Investments
One of the biggest business conglomerates in India, the Tatas, are in talks with the West Bengal government over big ticket investments in the state.
-
Punjab Government Shuts Iron, Steel Industries To Divert Oxygen For Medical Use
With many hospitals reporting a shortage of oxygen amid spiralling coronavirus cases, the Punjab government on Saturday ordered the closure of operations at the state's iron and steel industry to divert oxygen for medical use.
-
Indian Steel Policy Draws Japanese-Led Criticism at WTO
The government's decision to put minimum prices on imported iron and steel, and to impose emergency "safeguard" tariffs on some steel imports, drew wide criticism at a meeting of the World Trade Organization's Goods Council on Friday, a WTO official said.
-
Low Steel Prices to Continue in 2016: ArcelorMittal
Steel and iron ore prices are sensitive to trends in cyclical industries, it said.
-
Steel Makers Urge Government to Extend Relief Package
Most companies in the sector are likely to default on their loans.
-
Refineries, Metals, Fertilisers to Bear Brunt of Rupee Fall: Care
While the sharp rupee fall has helped the IT, pharmaceuticals, textiles and two-wheeler segments, the five most vulnerable sectors are refineries, iron and steel, fertilisers, aluminium and power, rating agency Care said on Tuesday.
-
JSPL May Bid for Ore Mines in Odisha: Report
To ensure raw material supply to its plants, Jindal Steel and Power Ltd (JSPL) may bid for iron ore mines in Odisha in forthcoming auctions, which are scheduled to start in October-November this year.
-
Government to Raise Tariffs on Some Base Metals by 2.5%
Iron and steel, copper, nickel and aluminium are among commodities listed as base matals under Chapter 72 of the Central Board of Excise and Customs.
-
JSPL Crude Steel Production Up 38% in Q1
Jindal Steel and Power Ltd (JSPL) on Friday said it steel production grew by a healthy 38 per cent to 1.10 million tonnes in April-June quarter of this fiscal year, helped by capacity upgrade and better utilisation.
-
FY15 Iron Ore Imports Hit Record 15.5 Million Tonnes
India's iron ore imports jumped to a record above 15 million tonnes in the fiscal year to end-March as tumbling global prices and limited domestic supply pushed steelmakers to buy more of the raw material overseas, industry data showed on Monday.
-
Government Plans to Auction Iron Ore, Bauxite Minerals
In a bid to bring in reforms in the mining sector and enhance transparency, the government plans to auction minerals such as iron ore, bauxite and manganese, Parliament was informed on Wednesday.
-
Reliance Cement Bags Block in Madhya Pradesh in First Coal Mine Auction
Reliance Cement beat Hindustan Zinc Ltd (HZL) and OCL Iron & Steel to bag the Sial Ghoghri coal mine in Chhindwara district of Madhya Pradesh, a top official said.
-
India Ratings Maintain Steel Producers on Negative Outlook
India Ratings & Research on Tuesday said it has maintained its rated steel producers on a negative outlook for 2015-16 despite softening of interest rates and expected growth in consuming industries.
