Foundry Industry hails reduction in import duty on raw material for Steel Making

May 25, 2022

Kolkata (West Bengal) [India] May 25 (ANI/ NewsVoir): The Institute of Indian Foundrymen says the move, coupled with the levy of export duty on...

Posco at ease while Hyundai Steel nervous over iron ore price hitting 10-year high

May 11, 2021

Seoul [South Korea], May 11 (ANI/Global Economic): The price of iron ore, the raw material that goes into making steel materials, has reached its...

LRF technology and the role it plays in the quality of TMT bars: Radha TMT

Jan 12, 2022

Hyderabad (Telangana) [India], January 12 (ANI/PRNewswire): Ladle Refining Furnace (LRF) technology is a state-of-the-art method for producing construction grade steel, with iron ore as...

Domestic steel prices to 'remain firm' amid supply constraints, rising costs: Report

Apr 21, 2026

"We expect domestic steel prices to remain firm for the next couple of months, supported by supply disruption amid ongoing geopolitical tensions, elevated freight...

Metal stocks tumble as Govt imposes hefty export duties on raw materials

May 23, 2022

Mumbai (Maharashtra) [India], May 23 : Metal stocks plunged on Monday with Tata Steel crashing by around 13 per cent after the government on...

CAG report on inventory management in SAIL tabled in Parliament

Jul 29, 2025

Steel Authority of India Limited (SAIL) had not fixed any benchmark for inventory carrying cost per tonne of raw material, semi-finished material and finished...