Indian Ferro Chrome Demand Likely to Peak: IMFA

Established in 1961 in the mineral-rich state of Odisha, Indian Metals and Ferro Alloys (IMFA) is the country’s one of the largest producer of ferro chrome with 187 MVA installed furnace capacity backed up by 261 MW captive power generation and extensive

 

Growing Importance of Scrap in Chinese Market

The global share of scrap in metallics consumption has been declining in recent years, driven largely by China’s growing role in the steel industry. As a developing economy, China has had limited amounts of obsolete (or postconsumer) scrap to use as a

 

Indian Govt. to Roll out New Policy on Metal  Recycling Soon

Indian owners of old cars and white goods will soon have a choice of selling these junked items to registered scrap dealers at predetermined prices, once the Metal Recycling Policy comes into place The Metal Recycling Policy is jointly prepared by Ministry of Steel and Niti Aayog, which comes under Central government. They have already met various stakeholders and policy is likely to be finalized over the next few months.