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STEEL EXPRESS : INDUSTRY NEWS

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Steel companies hike prices as China supplies shrink

MUMBAI: Indian steel producers raised output prices for the sixth time this financial year in anticipation that demand from infrastructure builders and carmakers would rise even as supplies from China become increasingly suspect in the aftermath of t...

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Posted By :02-03-2020

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Steel Minister Starts Heating Process of BOF-3 at SAIL BSP

India’s Steel Minister Mr Dharmendra Pradhan visited Steel Authority of India Limited’s Bhilai Steel Plant. During the visit, the Minister started the heating process of BOF-3 which paved the way for operationalization of Convertor-3 in the moder...

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Posted By :21-02-2020

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Steel companies to pay more for ore as mines get costly

KOLKATA: Iron ore auctions are set to raise the cost of mining in eastern India, with premiums ranging between 90% and 135% for the seven mines bid for in Odisha till date. This is likely to erode margins of non-integrated steel players who do not ha...

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Posted By :21-02-2020

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GST rate on cement, steel, pipes, roofing sheets and other b...

The Indian cement industry is the second largest cement producer in the world. The Government of India is focussing on developing affordable housing. However, due to high GST rate of 28%, the cement industry is not being able to work on low economies...

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Posted By :19-07-2019

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दोषपूर्ण / उप-मानक स्टी...

नई दिल्ली: सरकार घरेलू उत्पादकों की मदद करने के लिए दोषपूर्ण या उप-मानक स्टील के आयात को रोकने क...

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Posted By :03-07-2019

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वाहनों पर जीएसटी कम कर...

नयी दिल्ली, महिंद्रा समूह के चेयरमैन आनन्द महिंद्रा ने कहा कि वाहनों पर माल एवं सेवा कर (जीएसटी) ...

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Posted By :03-07-2019

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Stainless steel e-rickshaws: Efficient, sturdier alternative...

The e-rickshaw by Jindal Stainless is expected to cater to a demand that is annually estimated to be around 6 lakh. Jindal Stainless, has developed the first stainless steel e-rickshaw prototype in India.The E-rickshaw design was first unveiled at t...

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Posted By :03-07-2019

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