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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......

Abolition of customs duty on raw materials sought

Alloy steel, a value added product, is a vitally important segment of the Indian steel industry, even though it constitutes only about 8% of the production of the total steel in India. Alloy steels......

Will duty hike encourage gold smuggling?

The hike in import duty on gold from 4 toper cent could encourage its smuggling and other means of illegally getting the precious metal into the country, a National Spot Exchange Ltd (NSEL)......

Budget provides impetus to domestic steel industry

The steel sector has plenty to cheer in the Budget 2012-13, as it has proposed increasing the import duty on flat-rolled steel to 7.5 per cent and reducing duty on plant and machinery imports for......

Budget hikes duty on ores, concentrates

Budget Provisions:Basic customs duty on Ferro nickel has been reduced from 5 per centto 2.5 per cent.Basic customs duty is being increased on all ores and concentrates from 2 per centto 2.5 per......
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Commodity Research Report Ways2Capital 23 November 2015

Nickel smelter developers are putting projects on hold as they struggle to get financing with metal prices near their lowest in more than a decade,... ...

With the holidays upon us, it seems fitting to share this cornucopia … from minivan hell. On the surface, this 2003 Windstar appeared... ...
Harsco Corporation Reports Third Quarter 2015 Results

CAMP HILL, Pa., Nov. 9, 2015 (GLOBE NEWSWIRE) -- -- Solid Q3 Adjusted Operating Income; Metals & Minerals and Rail Performance as well as Lower... ...
Dumping of cheaper finished products cuts into scrap imports

Scrap importers are facing reduced demand due to cheaper imports of finished products Dilip Kumar Jha | Mumbai October 27, 2015 Last Updated at... ...
Government may double aluminium import duty to 10%

NEW DELHI: The government is considering a move to double 5 per cent import duty on aluminium in a bid to salvage Rs 1.2 lakh crore of... ...

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