While IndiaÂ’s infrastructure investment is likely to provide a boost to steel demand over the long term, there could be challenges to the raw material availability. Iron ore related uncertainties could be sorted out in the medium to long term,
Tag: Magazine
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Railway freight to impact cement industry
The proposed 5.79 per cent increase in rail freight as per the recent Railway Budget may impact the margins of the cement industry. Around 50 to 60 per cent of the freight expense of a typical cement company is related to rail freight,
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There is a huge potential to enhance our cement consumption
Consumption of cement can be enhanced by giving major thrust for the development of infrastructure apart from providing a level playing field with the global cement exporters by re-imposing the basic import duty on cement, presently zero,
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We hope to see a revival soon
Vinita Singhania, Managing Director, JK Lakshmi Cement, believes that the cement demand will dramatically increase from Tier II and II cities and even rural markets.
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Cement industry poised for better growth
Growth in cement demand in 2013-14 may improve as the economy is expected to grow faster during the year and also because the governmentÂ’s policy initiatives may promote infrastructure sector,
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Cheaper import is a matter of concern for Indian manufacturers
For long term sustenance, it is essential that appropriate policy measures be in place for value adders like steel plants for requisite and stable raw material linkage, observes Dilip Oommen, CEO & MD, Essar Steel India,
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Regulatory measures do cause delay in commissioning of projects
Domestic iron ore scenario has recently improved and at present, iron ore is available. This is reflected in the softening of prices in the last few days, says CS Verma, Chairman, Steel Authority of India
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Turnaround is around the corner
The governmentÂ’s sincere attempts to expedite the project clearance of the stalled projects and participation by the private entrepreneurs in PPP projects in infrastructure would lead to enhancement of steel consumption in 2013-14.
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Fee-sharing mechanisms should be encouraged to push takeout finance
Takeout financing should be one of the key channels for financing infrastructure projects, wherein, certain sectors like power do have sector exposure issues with the banking sector,
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Sohar is well equipped to cater to the growing needs of Indian companies
Indian companies taking the leap in making the most of this need gap, we are quite confident that given our unique propositions, strategic location, and excellent connectivity,