The Cement ManufacturersĆā Association (CMA) and Federation of major central trade unions (INTUC, AITUC, BMS, HMS, and CITU and LPF
Category: Materials
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IBC, infra push put steel sector in an M&A sweat spot
With the capacity of sizable scale available at bargain prices, the sector will see a lot of Mergers and Acquisition (M&A) activities as bigger players with deep pockets eventually closing in on financially weak but potentially viable smaller firms.
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NLMK to invest Rs 10 billion in AURIC
Novolipetsk Steel (NLMK) is keen on investing Rs 10 billion for setting up a unit at Aurangabad Industrial City (AURIC).
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JSW Energy acquire JSPL power plant
JSW Energy announced that the company had entered into a Securities Purchase Agreement to acquire the 1,000 MW
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JSPL records domestic steel production of 1.23 MT in Q1 FY2019
The domestic crude steel production at JSPLĆās integrated steel plants at Angul and Raigarh during the quarter AprilĆāJune 2018 clocked a record 1.23 million tonne (MT), i.e. a rise of 36 per cent from 0.90 mt, a year ago
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A Pioneer in Building Solutions
Sahyadri Industries (SIL), a pioneer in building solutions since 1947 is an ISO 9001, EMS 14001 and BS OHSAS 18001 certified company, listed on the BSE. SIL provides a range of products for interior and exterior building systems and roofing solutions.
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Ambuja Cement Launches ” Ambuja Plus Cool Wall’s” in Raipur
Ambuja Cements, part of the global conglomerate LafargeHolcim and one of the leading cement manufacturers in India, launched an innovative green building, Ambuja Plus Cool Walls for individual home builders (IHBs) in Raipur.
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Steel shining!
India is the third largest steel producer in the world after China and Japan and has an installed capacity of about 131 million tonne (mt) at present. It produced 101 mt of steel in FY2017 and consumed 84 mt during the same period.
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ENFORCEMENT OF CONTRACTS Mitigating the Uncertainty
There is a silver lining here: For the past two years, the Modi government has been adopting a broad strategy to substantially improve India's dismal WB ranking for ease of doing business. Concerted efforts have been made to remove serious bottlenecks that exist in the numerous business laws and a "holistic approach"taken.
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Post Budget Analysis | Metals: Iron and Steel
The government's thrust on infrastructure, which is one of the key end-user industries for the steel business, is an encouraging trend for steel demand. Within infrastructure, significantly higher capital expenditure earmarked for affordable housing, power transmission and railways is likely to augment steel demand.