During April-July, China was the second-biggest steel exporter to India, after South Korea, selling 0.6 million metric tons, up 62% from the same period a year earlier.
The probe by India was initiated based on a written application by American Precoat Speciality Pvt. Ltd., led by its promoter and Chief Technical Architect Dr. Shubh Gautam.
Demand for steel is expected to surge 17% to 110 mn tonnes this financial year due to rising power consumption & mining activity, and higher tractor & passenger vehicles sales.
China is pushing for steel output to drop from a record of more than 1 billion tons. But moves to squeeze steelmakers have fired up prices & policymakers are worried about inflation.
India’s total iron and steel exports in the first five months of this fiscal to China were more than three times the figure in the entire financial year 2019-20.
Raipur: The tribal leaders in Chhattisgarh’s Bastar are planning to join forces to protest the privatisation plans of the under-construction NMDC Iron and Steel...
Timber is becoming more cost competitive as steel prices rise, and the use of pre-fabricated wood panels allows for quicker construction with less labor.
A theme has not yet emerged for BJP & people see lack of a contest, which makes it unexciting. For all these reasons, 2024 is turning out to be an unexpectedly theme-less election.
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