Steel companies in India expect steel prices to rise in local market in line with global market because of spike in raw material cost. It may be mentioned that Indian steel prices are aligned to international prices. According to CS Verma, Chairman of Steel Authority of India (SAIL), benchmark global prices of hot rolled coils (HRC) have risen $10 per tonne in the last one month.
Raw material prices are also climbing. From recent lows, iron
Author: admin (Infratructure Today)
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Steel price may move upward
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Steel price may move upward
Steel companies in India expect steel prices to rise in local market in line with global market because of spike in raw material cost. It may be mentioned that Indian steel prices are aligned to international prices. According to CS Verma, Chairman of Steel Authority of India (SAIL), benchmark global prices of hot rolled coils (HRC) have risen $10 per tonne in the last one month.
Raw material prices are also climbing. From recent lows, iron
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Steel demand may grow 5.5% in 2012
According to a recent study by World Steel Association (WSA), IndiaÂ’s steel demand growth may decline to 5.5 per cent in 2012 and five per cent in 2013 owing to unfavourable domestic and economic conditions. Earlier, the association projected 7.9 per cent growth in demand for 2012. The study also shows that growth in crude steel prod
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Steel demand may grow 5.5% in 2012
According to a recent study by World Steel Association (WSA), IndiaÂ’s steel demand growth may decline to 5.5 per cent in 2012 and five per cent in 2013 owing to unfavourable domestic and economic conditions. Earlier, the association projected 7.9 per cent growth in demand for 2012. The study also shows that growth in crude steel prod
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West Bengal’s 1st pvt airport to take off by April
The first private airport of West Bengal is expected to be operational at Durgapur — approximately 200 km south of Kolkata by March-April next year. The airport is being developed by Bengal Aerotropolis (BAPL), a venture involving four Indian companies and the Singapore-based Changi Airports International.
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West Bengal’s 1st pvt airport to take off by April
The first private airport of West Bengal is expected to be operational at Durgapur — approximately 200 km south of Kolkata by March-April next year. The airport is being developed by Bengal Aerotropolis (BAPL), a venture involving four Indian companies and the Singapore-based Changi Airports International.
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Monorail as an urban rapid transit
The best suited approach to increase the efficiency of transport is to seamlessly integrate better and immediate modes of commuting that offer reliable and quality services, says Kanesan Veluppillai. Keeping urban infrastructure at focus, the government has announced 2010-2020 as the decade of innovation in transportation. A sustainable, cost-efficient and environment-friendly traÂnsport system is what modern India envisions of today.
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NIB must distinguish infra projects
Political expediency has gained such a powerful grip on cabinet decisions that even valuable ones often tend to be victims of political spin in our mainstream media: News channels and newspapers excitedly report “differences” within the government based on constructively critical notes exchanged between ministries. In the case of the one on the recently proposed National Investment Board (NIB), however, the diffÂerences between the Minister for Environment and Forests, the Finance Minister and t
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Road projects in limbo
Slow progress in project execution coupled with subdued interest in bidding for new projects under current policy frame may give alternative option to call for revaluation or fresh bids for already allocated road projects. In order to avert this situation, a Performance Review Unit (PRU) proposed by the Planning Commission needs to be endowed with power to gather information from nodal agencies on clearances and incentivise or to regulate, writes Sumantra Das.
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Reinventing IndiaÂ’s road infrastructure
Highway award and implementation has faced a major slowdown this fiscal, but most of the factors are the usual suspects. Then why is this year different? Rohit Chaturvedi and Tejaswi Subramanian explain the potential pitfalls and silver lining in the sluggishness. After a year of aggressive bidding and flourishing business, the road sector has seen a marked slowdown this year in the number of allotments made or expected to be made by the National Highways Authority of India (NHAI).