The financial results of a few steel plants in Q1 of FY16 clearly indicate that a big push in domestic…
The financial results of a few steel plants in Q1 of FY16 clearly indicate that a big push in domestic…
In Q1 of the current fiscal, steel consumption in the country has grown by more than 7%. The higher consumption…
India exported 5.9 MT of steel in FY15, a negative growth of 2% compared to the previous year, while imports…
Conceptually, GST is unique as it combines a plethora of taxes and levies currently in vogue, like central excise, service…
Large volume of steel imports is taking place only on price consideration. It is still worthwhile to initiate dialogue with…
The crux of the matter is either to match the cheap landed prices of imports or make imports prohibitive by…
India still holds the potential of one of the biggest consumers of steel on the back of revival of manufacturing…
The machinery equipment and electrical equipment segments achieving 20.6% and 13.4% growth, respectively, over April may be taken as an…
The coal mining auctioning process has raised the hope of boosting of supply of indigenous coal for steel plants. CIL…
As the stark reality of the current commodity market is coming to light, it is being increasingly felt that the…
In the modern era, no country aspires to manufacture all the items on its own. Instead, it concentrates on producing…
As integrated steel plants’ share in long products is a mere 30%, Burnpur’s production would enhance the high quality component…
From all available indications, it appears that the industrial production index would continue its slow and steady growth journey with…
Market data on Indian steel industry do not permit such kind of incisive analysis. Around 55% of the total production…
Any further drop in global prices of iron ore, which is likely in May, the differential would go up.
Another significant feature of the GDP growth in FY15 has been the declining share of fixed investment as a percentage…
For steel industry it is unfortunate that this sectoral growth is achieved not by enhanced domestic production but by rising…
NMDC has brought down the domestic prices of iron ore in recent months. Like in the global market the spread…