Steel: Industry seeks hike in customs duty

Current Status India is the third-largest steel producer in the world. In 2015, India produced 91.46 million tonne (MT) of finished steel. Total finished steel production in the country increased......

Customs duty hike on imported steel to benefit steel players

The following announcements have been proposed in the Union budget 2015-16   Basic Customs Duty on metallurgical coke is being increased from 2.5% to 5%.   The tariff rate of......

How Vedanta plans to recover Rs 5,000 cr Lanjigarh investment

Vedanta Aluminium's (VAL) Rs 5,000-crore (Rs 50 billion) alumina refinery at Lanjigarh faces trouble over the denial of bauxite from the Niyamgiri hills but that hasn't stopped its technological......

Enhance custom duty on steel long products

Steel is closely linked with production activities in various sectors of the economy. Being the basic material for development of economic and social infrastructure, steel is used for producing......