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Tata Steel Mining Ltd and Jindal Stainless Ltd signed an MoU to jointly unearth chrome ore locked up in the boundary between their mines located at Sukinda in Odisha's Jajpur district
Steep 30% export tax contributes to drastic slide in shipments. In value terms, exports shed 45% to Rs 1.90 billion
Fimi wants abolition of duty as inventory rises; there is no duty on ferrochrome where unhindered exports are happening
At the last round of e-auctions held on July 26, OMC offered 95,270 tonnes of varying grades of chrome ore with an average floor price of Rs 8,138 per tonne