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Revoking of countervailing duty (CVD) and anti-dumping duty (ADD) on stainless steel products would give China a free hand in dumping cheap imports to the country, industry officials said on Wednesday. In the Union Budget for FY22, Finance Minister Nirmala Sitharaman announced revoking of countervailing duty on imports of flat products of stainless steel, originating in or exported from Indonesia. “The problem stainless steel industry faces is that it is mistaken to be part of the steel industry. It is not. It is a separate industry, which is facing dumping from China already since 2017. This move by the government will only give it a free hand to dump in the country via Indonesia,” K K Pahuja, president of Indian Stainless Steel Development Association (ISSDA), told Business Standard. ....
Updated Feb 01, 2021 | 20:03 IST SAIL Chairman Soma Mondal said the Budget has put emphasis on accelerating the growth momentum of the country by targeting infrastructural growth including road, rails, urban, power, ports, shipping etc Increased capex to spur steel demand in India, say steel makers & experts | Photo Credit: PTI New Delhi: The increased capital expenditure for infrastructure projects in Union Budget 2021-22 will push the demand for steel in the country, steel players and experts said. To augment the country s infrastructure, the Budget proposed significant enhancing of capital expenditure to Rs 5.54 lakh crore in the next fiscal, besides creating institutional structures and giving a big thrust to monetizing assets to achieve the goals of the National Infrastructure Pipeline (NIP). ....
Kamdhenu Group Launched its Premium Product Kamdhenu Nxt in Delhi and Haryana Posted On: 2021-01-18 07:29:56 (Time Zone: Arizona, USA) Kamdhenu Group, a well-diversified group in steel and paint, launched its premium brand Kamdhenu Nxt - the next generation high-end interlock steel TMT bar in the market of Delhi and Haryana. With this, the company intends to capture a sizable market share in these two markets. Mr Satish Kumar Agarwal - Chairman and Managing Director, Mr. Sunil Agarwal - Director, Mr. Saurabh Agarwal - Director and Mr. Sachin Agarwal - Director, Kamdhenu Group launched the product at Hotel JW Marriott Aerocity, New Delhi in the presence of other senior managements, dealers and distributors. ....
First ever virtual Taiwan Expo 2020 in India concludes australiannews.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from australiannews.net Daily Mail and Mail on Sunday newspapers.
First Ever Virtual Taiwan Expo 2020 in India Concludes on a High Note ANI | Updated: Dec 18, 2020 16:43 IST New Delhi [India], December 18 (ANI/NewsVoir): Taiwan Expo 2020 in India Online , jointly organised by the Bureau of Foreign Trade and TAITRA, was officially launched on December 16, going online with virtual exhibition hall where 120 Taiwanese exhibitors trying their best to impress Indian audience. James C F Huang, Chairman of TAITRA, in his opening remarks said that India and Taiwan can work together to build the world s digital future. In the face of COVID-19, we are more convinced than ever that India and Taiwan can work together to overcome not just the pandemic but any challenge that comes our way. In fact, our visions for the future have long been closely aligned. Our plans, laid out by the Act East Policy and the New Southbound Policy, are highly complementary: to increase economic and cultural exchange, and to ....