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European demand for stainless steel scrap 'remains robust', according to BIR

European demand for stainless steel scrap 'remains robust', according to BIR
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Top Stocks in Focus: Jindal Stainless, Ambuja Cements, Godrej companies, APSEZ, Shriram Finance

The Indian equity markets will open today after a days holiday and react to the US Federal Reserves. ....

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Jindal Stainless share price: Jindal Stainless announces expansion plans worth Rs 5,400 cr, including a Indonesian JV and an acquisition

Jindal Stainless unveiled a Rs 5,400 crore investment plan focusing on expanding its melting and downstream capacities. This includes a joint venture in Indonesia for a stainless steel melt shop, expected to increase melting capacity by 40%. Additionally, investments in Odisha and a stake acquisition in Chromeni Steels aim to enhance operations. ....

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Chromeni Steels welcomes budget proposals to rollback anti-dumping, and countervailing duties on imports of stainless steel products

Chromeni Steels welcomes budget proposals to rollback anti-dumping, and countervailing duties on imports of stainless steel products
AHMEDABAD, India, Feb 2, 2021 /PRNewswire/ Chromeni Steels Private Limited, in a statement issued today has welcomed recently announced budget 2020-21 proposal to revoke provisional countervailing duty imposed vide notification No 02/2020-Cus (CVD) dated 09.10.2020 on Flat rolled products of stainless steel originating in or exported from certain countries.
Chromeni Steels also welcome the budget proposal to revoke anti-dumping duty on Cold-Rolled Flat Products of Stainless Steel of width 600 mm to 1250 mm and above 1250 mm of non-bonafide usage originating in or exported from People s Republic of China, Republic of Korea, European Union, South Africa, Taiwan, Thailand and United States of America upon its expiry. ....

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