Aditi Divekar
Aditi Divekar
Page 22 - Aditi Divekar/undefined
Anti-dumping duty on HR steel from 6 nations
With earlier easing of import protection on many products, industry pleads for more and longer protection, saying this isn't enough
 "Anti-dumping duty on HR steel from 6 nations")
Pruning of MIP, conditional safeguard puts flat steel makers in a fix
Weekly domestic hot-rolled-coils landed prices ex-Mumbai were $464-479 a tonne, compared with $370-375 FOB, China
 "Pruning of MIP, conditional safeguard puts flat steel makers in a fix")
Despite protection, steel firms get little room to raise prices
On Thursday, the government announced an extension of minimum import price (MIP) on 66 steel products at the same rate for the next two months
Health of domestic steel industry critically depends on government's decision on MIP: ICRA
Domestic steel price increase of 25% till mid-June would have led to better profitability of steel companies in June quarter
Protection for steel industry may continue
Govt likely to extend protection to the industry by either re-notifying minimum import price or through wider anti-dumping duty
JSW Steel reports highest ever quarterly PAT at Rs 1,109 crore
Net sales of the steel producer stood at Rs 12,709 crore in the period under review, up 3% from same period last year
Nothing fishy in allocation of Ramchandi coal block to JSPL: CVC
CVC echoes CBI view; Supreme Court final hearing on Aug 2; Jindal Steel stock end 15% up on BSE
 "Nothing fishy in allocation of Ramchandi coal block to JSPL: CVC")
No management changes in the merged entity: Anil Agarwal
Interview with Founder & Chairman, Vedanta
 "No management changes in the merged entity: Anil Agarwal")
Vedanta sweetens Cairn merger deal
Cairn India minority shareholders to receive one equity share and four redeemable preference shares in Vedanta
 "Vedanta sweetens Cairn merger deal")
The entire idea is a more efficient capital structure: Tom Albanese
Interview with CEO, Vedanta Ltd
 "The entire idea is a more efficient capital structure: Tom Albanese")
Cairn India to invest in existing projects
During the year, Cairn India's operations helped reduce India's import bill by over Rs 21,000 cr
 "Cairn India to invest in existing projects")
Steel companies may undo overseas acquisitions
Domestic market offers better scope
 "Steel companies may undo overseas acquisitions")
Tata Steel cancels sale of its Port Talbot business
Company in JV talks with ThyssenKrupp for entire Europe business
 "Tata Steel cancels sale of its Port Talbot business")
Brexit shadow over Tata's UK asset sale
Process could be halted for some time; British business minister to attend company's board meeting today
Largest British trade union warns Tata against 'fire sale' of specialty unit
Unite says Tata Steel needs to give binding commitment about its long-term intentions for Port Talbot
 "Largest British trade union warns Tata against 'fire sale' of specialty unit")
Tata Steel to review bids for UK unit
Tata Steel has received seven bids for its 4.5-million tonne unit in the UK, of which three have been shortlisted
 "Tata Steel to review bids for UK unit")
India Ratings downgrades JSW Steel; Outlook negative
Company downgraded on deterioration of consolidated net leverage amid decline in fund flow from operations
 "India Ratings downgrades JSW Steel; Outlook negative")
Minimum import price benefits Essar, Tata Steel
Essar Steel's ramp-up has led to improvement in EBITDA margins to 20% from 5% earlier
JNPT to invest Rs 250 cr for dedicated coastal berth
Port takes steps to improve turnaround time
 "JNPT to invest Rs 250 cr for dedicated coastal berth")
