Domestic steel prices have witnessedan unprecedented rise from the second half of FY2021.The economic support measures unveiled by various countries will keep the demand for steel high. The near absence from the world export market and a higher import by China are among the major factors keeping steel prices at elevated levels. Continued higher demand...
Tag: Steel
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No-Frills Airports: Doing More With Less
Currently, less than 3 per cent of India's 1.3 billion population flies and the Government of India, along with Airports Authority of India (AAI), is taking concrete steps to make flying affordable to more people in the nation.
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ABB factory to manufacture power distribution products
The facility was inaugurated by Sanjeev Sharma, Managing Director of ABB in India in the presence of other dignitaries and customers from various sectors. ABB has been present in Nashik since 1978 manufacturing state of the art medium-voltage power products.
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Commodity price inflation to impact cost of low-voltage electrical equipment
A recovery in Asian demand and supply constraints in the global market has sparked an increase in price of commodities like copper, pushing manufacturers to increase cost of low-voltage electrical equipment. Electrical equipment such as circuit breakers, switching and control and metering products are used extensively in industrial, commercial and residential segments, with a significant chunk used in the power sector.
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Anderman Ceramics appoints new market expert
EuropeÂ’s cement and steel sectors will benefit from a greater range of advanced refractory products, with the addition of Julien Soum to Anderman CeramicsÂ’ business development team in France.
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Do we Need Smart or Wise Cities?
The concept of Smart Cities has been rapidly rising, mainly due to the Internet, in the last two decades. Information and Communication Technologies (ICT) have been widely used in government, businesses, and private societies, etc.
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Digging Deep
In the early 1970s, the Government of India took over the management of coal mines in two tranches. The process kick-started with the nationalisation of coking coal mines in 1971-72, followed by non-coking coal mines the following year. With the enactment of the Coal Mines Act, 1973, all mines were nationalised.
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SAIL in talks with Nippon Steel, Kobe for collaboration
Steel Authority of India (SAIL) is in talks with Nippon Steel, Sumitomo Metal Corp and Kobe Steel for potential technical agreements to help it expand its global footprint.
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Steel sector contributes 2% to GDP in 2015-16
The Indian steel sector´s contribution to overall Gross Domestic Product of the country was nearly 2 per cent during 2015-16.
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Eicher Pro 6000: A complete business solution
The Eicher Pro 6000 mining trucks introduced over a year ago are ideally suited for various applications. With the mining sector opening up amidst the global commodities slump, India has emerged as one of the two lucrative markets for global mining OEMs.