The term globalisation defined, in a limited way, to ensure the capability of sailing into the global merchant trade within…
Lockdowns (prolonged or of short duration), one of the most tested instruments to fight the crisis, implies dislocation of economic…
China had rolled out 375 MT of crude steel in the period (56.5%) that exceeds last year’s level by 16%.
Manufacturing for full FY21 grows by (-) 9.8% and IIP by (-) 8.6%. This may be compared to second advance…
The Chinese Ministry of Finance and the State Administration of Taxation (customs tariff commission) announced a total abolition of export…
It is interesting to note that developed countries, where steel consumption was set to reach a near plateau level, would…
Apart from a few segments led by automobile, tractors, 2 wheelers and FMCG products, the other segments of industry are…
India consumed 93.4MT of steel in FY21, 6.7% lower than the pre-Covid year. It is likely that real consumption may…
Current projections uniformly expect a contraction of demand and production in China in 2021. If this takes place, it would…
On the export front, Indian steel industry has widened the country coverage from China (22%) to Vietnam (21%), the UAE…
Two important data sets have been brought out recently by MOSPI on second advance estimates of national income for 2020-21…
Has the steel industry left behind the phase of declining demand, fresh capacity addition not finding adequate market, falling prices,…
With the damage the pandemic has created for all economic activities in the country in H1FY21, we were getting used…
Union Budget 2021 India: The Union Budget for FY22 has been hailed as growth oriented and the path it has…
Union Budget 2021 Expectations for steel sector: The Indian economy, which is likely to be degrown by 7.7% in FY21…
A variety of responses and feedback from end-using sectors, policy planners, industry associations are filling up the pages.
Considering WPI prices as whole sale prices and the above data belonging to retail market prices, the differential in range…
In November’20 the country consumed 8.62 MT of steel which exceeds Nov’19 level by 11%.
