Sushim Banerjee

Articles By Sushim Banerjee

252 Articles

Steel prices to remain reasonably remunerative

Steel prices in the domestic market are rising. This is a good news for the steel producers who have suffered significant loss of profitability in FY17, barring the later part of fourth quarter of last year.

Steel prices, NPAs, NLCT, rbi, China, EU markets, UNited nations, coking coal , infrastructure investment, EU markets News

Slow steel demand growth leads to lower capacity utilisation

One of the prime reasons while explaining the slow growth of global steel industry in the reommoent period relates to surplus capacity in steel compared to demand, existing and emerging. Lots of uncertainties plague the fresh

steel demand growth, lower capacity utilisation, global steel industry, environment regulations, steel demand News

Infrastructure: Steel continues to raise smiles; learn why

The production growth of the eight core industries in the first quarter of the current fiscal at 2.4%, though dismal, conceals the fact that the highest growth has been observed in steel sector that had clocked a 6.2% growth

Steel, Steel industry, Steel industry in india, steel sector performance, core industries, core industries in india, GST implementation, GST implementation in steel industry News

Expanding the knowledge base for steel

Annual competitions of steel designs on a contemporary topic for the architecture and civil and structural engineering students would generate massive enthusiasm among these early birds to promote the cause of steel when they

Commodities News

How curb on cheap imports helps domestic steel prices

The role of international trade in the growth of the economy has been well established. The major exporting nations namely, Germany, Japan, South Korea and later on China and the driving forces contributed by growing merchand

domestic steel prices, steel imports,  Germany, Japan, South Korea, South East Asian countries , WTO, steel exports, global gdp growth News

Firming up of steel prices requires global market stability

Currently, Indian steel industry faces new sets of challenges. Thanks to the prompt trade measures undertaken by the government that the unabated flow of cheap steel imports into the country that seriously threatened the surv

steel, steel prices, global market stability, market News

Strong economy the backbone of steel consumption

It is heartening to note that Indian economy is moving at the highest rate in the recent period and would continue to do so in the near future if the projections by IMF, World Bank, ADB and other reputed consultants are to be

steel consumption, economy News

NSP, a pathbreaking opportunity for Indian steel industry

It is a matter of great satisfaction that National Steel Policy 2017 prepared by steel ministry has been approved by the government for implementation.

steel, steel industry, steel industry india, indian steel industry, NSP News

Stressed assets of steel sector and their recovery

The market potential for Indian steel industry is bright with gradual increase in global prices. Therefore, the loan restructuring process by the banks would unleash abundant opportunities for the investors, both in the count

Industry News

Stressed assets major obstacle in growth of steel sector

One of the major irritants in the growth journey of Indian steel industry seeking an augmentation of steel capacity to cater to the emerging demand from the various end using sectors has been the poor record of repayment of l

growth of steel sector, steel sector, steel sector in India, steel capacity, NPAs, Essar steel, ArcelorMittal, POSCO News

Steel gets edge in new industrial production indices

The revision of the base year from 2004-05 to 2011-12 which was long overdue has recently been completed and new sets have been released by CSO.

steel import, steel import in India, finished products in india, Compound Annual Growth Rate, import, export, steel import news, steel export news, Minimum Import Price News

Difficulties in interpretation and comparison of industrial data

There are occasions when we have been critical of the data maintained by various Indian agencies and frequently suggested an overhauling of the system of compiling countrywise and sectorwise data of capacity, production and c

industrial data, india economy, india growth, statistical data, DIPP, GVA, GDP News

China, US, Germany and India to lead recovery in global steel market

Global steel industry is shaping up comparatively better than what it was at the beginning of the year.

Global steel industry, Global steel industry news, Global steel industry latest news, china steel industry, us steel industry, germany steel industry, india steel industry News

Agricultural scientists’ body demands early government nod on genetically modified mustard cultivation

Leading agricultural scientists, including Deepak Pental who had developed the high-yielding GM mustard variety, urged the government to give the nod for commercial cultivation of the oilseed variety so the next year’s rabi

genetically modified mustard, genetically modified mustard cultivation agricultural scientist, gm mustard, gm mustard cultivation News

Need to speed up capital formation for boosting steel consumption

It is now broadly accepted that the steel industry in the country is having a positive roadmap laid out for it in the coming months.

steel consumption, steel consumption in India, EBITDA, iron ore, Global prices of iron ore, coking coal prices, Xiongan, One Belt One Road, GFCF News

To make GST successful here’s what needs to be done

It is imperative that each corporate entity also issues suitable notifications on the new tax incidence of its specific product category for the employees, consumers and other stakeholders.

Commodities News

Finally, much-awaited improvement in industrial data coverage

Reliable data base forms the strongest platform for sound analysis and research. For the sake of reliability, the dynamics of the market and the market realities are always to be taken care of.

Commodities News

Looking forward to revival of Indian steel sector on RBI measures

Last week brought some good news for Indian steel industry.

steel, steel news, steel output, steel india, crude steel, india crude steel, crude steel india, Worldsteel News

Capacity augmentation: A possible outline of steel supply road map

The growth in steel capacity at an annual average rate of 7% in the next 14 years involves both brown field and green field expansion.

rise in steel prices, steel industry in India, SAIL, Tata Steel, RINL, Essar Steel, JSW, JSPL, SAIL, steel demand, EBITDA News

No sharp fall in Chinese steel industry in 2017

World Steel Association, in its latest short range outlook, has projected global steel consumption to grow marginally by 1.3% in the current year.

Commodities News

Pattern of steel consumption shows tremendous scope for growth

A major sub-sector, ship-building and repairs have curtailed its activities by nearly 50% in February 2017 itself.

Cabinet, Steel Ministry, national steel policy, Chaudhary Birender Singh, FICCI, Ficci- Steel Expo News

Steel sector’s yearly performance good but yet to reach potential

The yearly performance of Indian steel sector brought out by JPC has estimated that crude steel production of India has reached 97.4 MT, nearly 8.5% more than last year. This is the highest growth rate among the top 10 countr

Commodities News

Lower steel intensity in investments is a matter of concern

In a developing economy growing at an annual average rate of 6.5-7%, the steel consumption is to rise at 7% to 8% in the minimum.

steel consumption, steel industry, GDP, infrastructure, logistic and supply chain agencies, CRCP News

Indigenous capacity building opens new phase in global steel industry

The economic restructuring exercise currently under way in China, India, South Korea, Turkey calls for a higher role for steel industry.

Indigenous capacity building opens new phase in global steel industry

Economic data indicate positive signal for growth

Hopefully, the full impact of budgetary announcements, especially with respect to increased expenditure on infrastructure in rural and urban sectors, would be felt from Q1 FY18.

Commodities News

Tackling excess steel capacity: The Chinese way

The issue of surplus capacity in global steel industry, spearheaded by China, CIS and a few other countries and its impact on the rest of the industry has been discussed earlier.

Commodities News

Time ripe for increasing use of steel in infrastructure

Among other areas of infrastructure building, use of steel in roads, bridges (ROBs/culverts/Rail), urban and rural infrastructure (flyovers, underground tunnels, commercial complexes, stadiums, sports complexes, airports, por

Commodities News