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Highway construction companies seek curbs on steel exports as domestic prices surge

Industry experts said the capital cost of highway projects could rise by up to 10% on the back of surging steel prices and emerge as a serious constraint in the months to come. The impact could be large on the highways and infrastructure construction sectors which are estimated to consume about 65% of the steel produced in the country. ....

Nitin Gadkari , Dinesh Chandra Agarwal , Vinod Agarwal , Arindam Guha , Vinayak Chatterjee , Builders Federation , National Highways Builders , Chandra Agarwal , Prime Minister , Deloitte India , Ministry Of Road Transport , Care Ratings , Steel Exports , Highway Construction , நிடின் கட்காரி , தினேஷ் சந்திரா அகர்வால் , வினோத் அகர்வால் , அரிந்தம் குஹா , விநாயக் சாட்டர்ஜி , பில்டர்கள் கூட்டமைப்பு , சந்திரா அகர்வால் , ப்ரைம் அமைச்சர் , டெலோய்ட்டே இந்தியா , அமைச்சகம் ஆஃப் சாலை போக்குவரத்து , பராமரிப்பு ரேடிஂக்ஸ் , எஃகு ஏற்றுமதிகள் ,

China's factories decry surge in raw material prices as they cut production and say 2021 may be worse than 2020

China’s factories decry surge in raw material prices as they cut production and say 2021 may be worse than 2020
Manufacturers in the ‘world’s factory’ say it is too risky to take new orders, resulting in shutdowns and staff cuts that could threaten China’s economic growth goals for the year
Even as supply lines have shifted back to China from coronavirus-hit countries, crucial raw materials such as metals are becoming too expensive to turn a profit ....

Henry Wong , Steel Exports , Raw Material Prices , Price Increases , Steel Castings , Supply Lines , Home Appliances , Iron Ore , Commodity Prices , Raw Materials , Supply Chain , China Manufacturing , ஹென்றி வோங் , எஃகு ஏற்றுமதிகள் ,

Steel makers want PLI benefits to be extended beyond 5 years

ISA, as well as steelmakers have been deliberating with the government and points of concerns have been shared like a longer gestation time is required for steel mills to realise PLI benefits instead of five years, Dilip Oommen, President of Indian Steel ....

Dilip Oommen , Indian Steel Association , Programme Implementation , Ministry Of Statistics , Production Linked Incentive , Nippon Steel , Export Products , Border Adjustment Tax , Production Linked Incentive Scheme For Specialty Steel , Pli Scheme For Specialty Steel , Coated Steel , Colour Coated Steel , Aluzinc Coated Steel , Steel Export Import , Steel Exports , Steel Imports , Steel Manufacturing , President Of Indian Steel Associat , நீர்த்துப்போக ஊம்மென் , இந்தியன் எஃகு சங்கம் , ப்ரோக்ராம் செயல்படுத்தல் , அமைச்சகம் ஆஃப் புள்ளிவிவரங்கள் , ப்ரொடக்ஶந் இணைக்கப்பட்டுள்ளது ஊக்கத்தொகை , நிப்பான் எஃகு , ஏற்றுமதி ப்ராடக்ட்ஸ் , பூசப்பட்ட எஃகு ,

Covid-19 pushed steel exports to record high in FY21: SteelMint data

Steel exports touched a record high in FY21, saving the day for companies, as domestic consumption dragged due to Covid-related disruptions in the first half of the year.
Data compiled by Joint Plant Committee (JPC) shows that finished steel exports between April-March 2020-2021 (provisional) stood at 10.785 million tonnes, an increase of 29.1 per cent; exports of semi-finished steel during the period were at 6.6 million tonnes, an increase of 133 per cent.
JPC officials said that the data showed that this was an all-time high. The previous high was in 2017-18 at 11.614 million tonnes.
SteelMint data pegged finished steel exports in FY21 at 11.65 million tonnes and semi-finished at 7.25 million tonnes, an increase of 31 per cent and 153 per cent over the previous year. SteelMint said that exports in FY21 was an all-time high. ....

Jayant Acharya , Sushim Banerjee , Institute For Steel Development Growth , Plant Committee , Joint Plant Committee , Steel Development , Corona Virus , Steel Exports , Coronavirus Vaccine , Jsw Steel , ஜெயந்த் ஆசார்யா , நிறுவனம் க்கு எஃகு வளர்ச்சி வளர்ச்சி , ஆலை குழு , கூட்டு ஆலை குழு , எஃகு வளர்ச்சி , கொரோனா வைரஸ் , எஃகு ஏற்றுமதிகள் , ஜுசுவ் எஃகு ,

Steel exports riding on rich realizations

The high prevailing price of steel globally has built a strong ground for domestic steel makers to test overseas market for growth with competitive price offerings. ....

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