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Is India´s steel industry ready to take the torch from China?

Is India´s steel industry ready to take the torch from China?

As Prime Minister Narendra Modi pushes for improvements in India´s infrastructure and housing, the nation´s steel consumption is set to accelerate. China´s demand for steel, meanwhile, is retreating from the double-digit growth rates of the past 10 years as Beijing tries to shift the economy to focus on domestic consumption rather than exports.

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Opening the funds tap

Opening the funds tap

A stronger thrust on PPP projects, greater FDI and steady government support can help Indian Railways, one of the world´s largest rail networks, emerge from the rut.

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Steely growth

Steely growth

India is putting in place measures to fast-track economic growth. Core industries like steel will play a substantial part in this growth if the next decade has to really belong to India.

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Posco needs to file fresh approval

Posco needs to file fresh approval

Steel major Posco would have to file a new proposal for setting up its $12-billion steel venture in Odisha if it wants to pursue the project.The company was sounded out at a recent meeting among officials of the Central and state governments

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MSTC issues dividend; declares bonus

MSTC issues dividend; declares bonus

The Union Minister of Steel & Mines Narendra Singh Tomar was handed over the dividend cheque for the financial year 2014-15 for an amount of Rs 16.37 crore by SK Tripathi, CMD, MSTC.

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´Steeling´ the Show

´Steeling´ the Show

Transpiring from its once lurking domain in concrete columns, steel has offset concrete in a major way. Pre-engineered buildings are in vogue and are hogging the spotlight as the preferred alternative globally. Following the precedent set

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The PEB Wave

The PEB Wave

The shift from in-situ construction to factory-controlled pre-engineered high quality construction has changed the requirement of engineering, materials, and skills for the construction industry.