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Ferro Nickel

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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......

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......

Hike customs duty on ferro alloys

Ferro alloy refers to various alloys of iron, which are used in the production of mild steel, carbon steel, special alloy steel and stain less steel. India's steel production is increasing every......

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......

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