News

Latest headlines from leading Indian newspapers covering energy, environment, economy, and policy aspects.

Audit recommends use of technology to cut import tariff on wood products

Inadequate technology in wood processing is costing Rwanda millions of dollars on importing wood-related products, a new audit has revealed, calling for government subsidies for the industry

Category : Pulp and Paper

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A ‘duty’ to fight dumping of steel products

Imports of flat rolled products of steel, plated or coated with alloy of Aluminium and Zinc (Al-Zinc), might attract anti-dumping duty (ADD) soon, as recommended by the Directorate General of Trade Remedies (DGTR), an investigation arm of the Finance Ministry.

Category : Iron and Steel

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Paper Company plans Utah Mill using all recycled fiber

A paper company is planning to build a mill in Utah to manufacture paper using only recycled fiber from materials like cardboard

Category : Pulp and Paper

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Core sectors’ output up 5.1% in May on strong growth in steel, electricity

The output of the eight core industries — steel, coal, crude oil, natural gas, refinery products, fertilisers, cement and electricity — grew 5.7 per cent, against 4.4 per cent in the same period last year.

Category : Iron and Steel

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Mango growers allege pulp units have formed a cartel

The economics of supply and demand suggest that low production of a seasonal commodity and the resultant demand for it should push up the prices. But, for the mango growers of Krishnagiri, the fall in yield to less than 30% has not fetched them remunerative prices this summer.

Category : Pulp and Paper

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India's steel exports fall 34% to 6.36 MT in 2018-19

The country's total steel exports fell 34 percent in 2018-19 to 6.36 million tonne (MT) compared to the preceding fiscal 2017-18 (9.62 million tonnes ), Parliament was informed Monday by Union Minister for Steel Dharmendra Pradhan.

Category : Iron and Steel

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Govt looking at tariff, non-tariff measures to reduce steel imports

The government is looking at both tariff and non-tariff measures to reduce “unnecessary’’ imports of steel products and boost exports in order to address the problem of under-utilised capacity in the steel sector.

Category : Iron and Steel

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Tata Steel’s Rs 805 crore bid for Bhushan Energy gets nod

The National Company Law Tribunal (NCLT) approved Tata Steel’s Rs 805-crore bid for Bhushan Energy, a unit that belonged to the Delhi-based Singal family.

Category : Iron and Steel

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West Coast Paper Mills to buy majority stake in International Paper APPM

The deal is expected to be completed by the end of the year, WCPM said in a regulatory filing. West Coast Paper Mills (WCPM) has entered into a share-purchase agreement to acquire about 51-60 per cent stake in NYSE-listed International Paper’s (IP) Indian unit, International Paper APPM Ltd.

Category : Pulp and Paper

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Steel industry stares at production disruption in 2020: India Ratings

Domestic steel production would be significantly affected if there is delay in auction of mines which would complete 50 years of operations by March 2020 these mines produces around 60 million tonnes of actual production of iron ore according to ratings agency India Ratings and Research (Ind-Ra).

Category : Iron and Steel

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