Sushim Banerjee

Articles By Sushim Banerjee

249 Articles

Manufacturing outlook and steel consumption

Last week we had had discussed how the seemingly unrelated events like the Brexit, gory killings at Bangladesh and the US happening in distant parts of the world would impact our industry.

steel firms News

Steel sector outlook: Charting forward journey

A comparison of the steel prices in the last six months shows that early January levels declined by the end of first quarter of 2016 and although the demand-supply mismatch continues to prevail upon the buyers to exercise dow

Commodities News

UK’s steel industry under a new regime and its impact on India

BREXIT is the new buzzword generating maximum heat in the media and threatening the stability in an otherwise low-growth syndrome settling in Europe. No worthwhile estimates are available on the possible impact, positive or n

UK’s steel industry under a new regime and its impact on India

Desperately awaiting new project stimulus for growth push

We are at the end of first quarter of the current fiscal and things are a bit uncertain, although green shoots are unmistakably growing.

Commodities News

Why China slowdown can play spoilsport for India

In the first four months of the current year, China has produced 261 mt of crude steel, down 2.3% from last year

China, Steel Industry, Chinese influence on India, Chinese slowdown News

Steel demand plunges; here’s why

In advanced countries, one of the critical issues being debated in most forums relates to surplus steel availability in the global market and the consequences that trading of such surplus tonnages are leading to.

JSW Steel Q4 results News

Domestic players should be essential part of skill ecosystem

Unless otherwise restricted by procurement clauses, there is no reason why the domestic availability of steel products cannot fulfill the requirement of the capital goods sector and cut down imports. A long-term plan of subst

Domestic players should be essential part of skill ecosystem

Supportive policies needed to boost demand for steel

The spate of trade measures adopted by various countries against Chinese exports has made China broadly monitoring its export prices. All eyes are set on China as to how it eliminates surplus capacity with targets set for clo

Supportive policies needed to boost demand for steel

Periodic surveys needed to improve sectoral performance

The new series of GDP data needs to be made available for past years also by CSO in order to put to rest the controversies surrounding the parameters like GDP deflator. IIP series has to be recast with 2011-12 base from the c

Periodic surveys needed to improve sectoral performance

Rising steel imports: India should take lessons from UK

Steel products of the UK have become non-competitive due to high energy cess which is roughly 50% higher than in Germany. In addition the extra costs imposed by climate change policies have put additional burden on the indust

Rising steel imports: India should take lessons from UK

More infrastructure investment needed to sustain steel prices

Steel consumption in the country at 80.5 million tonne in FY16 at an annual rate of 4.5% over the previous year appears to be reasonably good in the context of a negative growth in global steel consumption as well as in China

More infrastructure investment needed to sustain steel prices

Capacity assessment has to be based on clear demand perspective

There is a great deal of speculation on the sustenance of the rising steel prices in the global market.

Capacity assessment has to be based on clear demand perspective

Anti-dumping duty offers permanent solution to steel industry’s woes

It is alleged by some quarters that restricted imports of different steel categories under chapter 72 have now shifted to rising imports under chapter 73. This increasing trend of higher indirect imports of steel needs an imm

Anti-dumping duty offers permanent solution to steel industry’s woes

India’s total finished steel market for FY17 likely at 85 MT

There is a series of forecasts on the business outlook in the first month of the new financial year.

India’s total finished steel market for FY17 likely at 85 MT

Rural focus and skill training – the centrepiece of marketing

A revival of private investment and the enhancement of rural consumption are among the drivers to sustain growth in the current year and also in 2017

Rural focus and skill training – the centrepiece of marketing

Fresh demand needed to enable steel sector pay off loans

The precarious scenario on the loan repayment ability of steel producers has prompted the government to introduce a series of supporting measures in favour of the industry, like customs duty enhancement and imposition of safe

Fresh demand needed to enable steel sector pay off loans

Quality control order: Awareness needed to dispel doubts

The intention behind the order is quite laudable and would go a long way towards establishing the quality of Indian steel in the global market. It is perfectly in tune with the global practice of setting internal standards co

Quality control order: Awareness needed to dispel doubts

Steel price rise not sustainable without growth in demand

The steep rise in iron ore prices appears to be speculative and must come down in the coming days at least by $15-20/t as there is no appreciable increase in demand for the material

Steel price rise not sustainable without growth in demand

Glimmer of hope for steel industry in coming financial year

One unique feature of this year’s Budget is that while it does not have a major direct impact on any particular industrial segment, almost all industry players are indirectly influenced by budgetary announcements.

Glimmer of hope for steel industry in coming financial year

Rising steel imports call for critical enablers in Budget

The lagged impact of slower growth in capital formation or asset creation activities in around 86% components of industrial production (manufacturing and electricity) has restricted steel demand growth at only 4.2% in the Apr

Rising steel imports call for critical enablers in Budget

Stainless steel industry needs budgetary support

The government has already met some of the demands of the steel industry.

Stainless steel industry needs budgetary support

MIP good for steel sector, but more needed from Union Budget 2016-17

The government has kept its promise to stand by the steel industry, facing the most challenging phase ever.

Metal stocks, MMDR Act, BSE Sensex News

Steel industry awaits investment growth push in Budget 2016

In India, finished steel consumption, which has been estimated at 81 MT in 2015, is envisaged to grow to 114 MT in 2020 and to 155 MT in 2025.

Steel industry awaits investment growth push in Budget 2016

Allow steel industry to participate in all infrastructure projects

The steel industry would need a commitment from the government to get it involved in all the new investment projects matching its capacity in volume, quality, prices and service delivery

Allow steel industry to participate in all infrastructure projects

Steel exports must be raised in next three months

The PMI for October at 50.7 came down to 50.3 in November. As it has further gone down to a contraction mode of 49.1 in December, it is likely to hit the industrial output figures for December

Steel exports must be raised in next three months

Current scenario needs steel awareness campaign

More than the demand growth, the steel industry in the country has to counter the declining trend in steel intensity in real estate and manufacturing

Current scenario needs steel awareness campaign

Steel: A longer data series of minimum 10 years is needed

For the iron and steel sector, the intelligent assessment to capture the performance of SMEs is being done by JPC and over the years this data is used for taking relevant policy decisions

Steel: A longer data series of minimum 10 years is needed