In its pre-Budget memorandum, the Sponge Iron Manufacturers Association (SIMA) urged government to discourage huge import of steel scrap, which is killing Indian sponge iron industry. The association wants the government raise basic customs duty on steel melting scrap from 0 to 10 per cent in Budget 2013 to discourage its
Author: admin (Infratructure Today)
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SIMA seeks imposition of duty on scrap import
In its pre-Budget memorandum, the Sponge Iron Manufacturers Association (SIMA) urged government to discourage huge import of steel scrap, which is killing Indian sponge iron industry. The association wants the government raise basic customs duty on steel melting scrap from 0 to 10 per cent in Budget 2013 to discourage its
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Vedanta Group eyes mineral assets in India
Vedanta Group would bid for iron ore, coal and oil & gas assets in the country in order to take advantage of the lower cost of production compared to global standards, Anil Agarwal Chairman of the London-listed group said in an interview to a leading media. He said the company would bid for coal assets to feed its power plants that are generating 10,000 mw of power each year
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Vedanta Group eyes mineral assets in India
Vedanta Group would bid for iron ore, coal and oil & gas assets in the country in order to take advantage of the lower cost of production compared to global standards, Anil Agarwal Chairman of the London-listed group said in an interview to a leading media. He said the company would bid for coal assets to feed its power plants that are generating 10,000 mw of power each year
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New coke battery of IISCO plant to benefit bottomline
Narendra Kothari, Chief Executive Officer of IISCO Steel Plant said the new coke oven battery Number 11, which began operation recently, would contribute significantly to the overall bottom line of the company. It may be noted that the Burnpur-based IISCO Steel Plant (ISP), which is part of SAIL, begun trial productions at some of its new units Ćā coke oven batt
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New coke battery of IISCO plant to benefit bottomline
Narendra Kothari, Chief Executive Officer of IISCO Steel Plant said the new coke oven battery Number 11, which began operation recently, would contribute significantly to the overall bottom line of the company. It may be noted that the Burnpur-based IISCO Steel Plant (ISP), which is part of SAIL, begun trial productions at some of its new units Ćā coke oven batt
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Goa govt mulls ban on fresh ore mining
According to an affidavit filed by the Goa government in the Supreme Court, the state government plans to ban completely all fresh excavation of mineral ore. The affidavit, which was filed in response to a public interest litigation (PIL) seeking action against rampant illega
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Goa govt mulls ban on fresh ore mining
According to an affidavit filed by the Goa government in the Supreme Court, the state government plans to ban completely all fresh excavation of mineral ore. The affidavit, which was filed in response to a public interest litigation (PIL) seeking action against rampant illega
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Lloyds Steel seeks shareholder nod for name change
On March 4, Lloyds Steel has called an Extraordinary General Meeting of its shareholders to clear the change in the name of Lloyds Steel Industries to Uttam Value Steels after Uttam Galva group acquired 58.35 per cent stake in Lloyds. It may be noted that the board of directors of the firm cleared the change in name of the company recently
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Lloyds Steel seeks shareholder nod for name change
On March 4, Lloyds Steel has called an Extraordinary General Meeting of its shareholders to clear the change in the name of Lloyds Steel Industries to Uttam Value Steels after Uttam Galva group acquired 58.35 per cent stake in Lloyds. It may be noted that the board of directors of the firm cleared the change in name of the company recently