¨Rome wasn´t built in a day¨- so goes the saying. But a soaring 57-storey skyscraper in Changsa- located in the Hunan Province of South-Central China- has the marvellous feat of being accomplished within a minuscule span of 15 days
Tag: Steel
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Rent and reward
True wealth to the nation is generated only when the land is put to productive use. Long-term land lease over land acquisition can accelerate the investment cycle in India.
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Leading Leader
Tushar Mehendale is Managing Director of ElectroMech Material Handling Systems. Over the last 35 years, ElectroMech has developed a strong dedicated workforce of more than 500, and since 1999, Mehendale has been leading this team.
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Imported coal to play major role
Lesser allocation of mines to steel, cement and captive power plants in the coal blocks auction may increase their dependence on costlier imported fuel, says rating agency ICRA.
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Jindal Steel & Power releases its first Business Sustainability Report
Jindal Steel and Power Limited (JSPL), India´s leading steel and power company, has released the company´s first Business Sustainability Report for FY 2013-14; showcasing Innovation as the corner stone of Sustainable Business.
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Rising freight cost may impact steel firms
The sharp rise in railway freight could hit the steel industry, which is already reeling under high raw material cost and weak demand. In the last six months, the logistics charges for the steel industry have gone up by 20 per cent to about Rs 2,400 a tonne, and companies are not able to pass on the incremental cost to the end user due to weak demand.
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Government plans big push for coastal shipping
The government is mulling over a scheme to promote coastal shipping. According to the proposed plan, a subsidy of Rs 0.5 per tonne per km on bulk cargo, a rebate of Rs 2,000 per container for container cargo and an additional 20 per cent rebate on vessel/cargo-related charges would be offered.
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Govt for e-auction of coal blocks
The government has cleared an ordinance for e-auctioning of coal blocks that enables commercial mining by private companies in future.
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Water use patterns will lead to a severe crisis by 2050
Rishabh Sethi, Chief Operating Officer, SPML Infra Limited, shares his views on the huge scope of growth in the country for water recycling and purification of drinking water, and his company´s upcoming projects in this space.
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L And T´s Rs.2,030 cr orders in July-Sept from material arm
Larsen & Toubro´s Metallurgical and Material Handling (MMH) business has won new orders worth Rs 2,030 crore in steel, port and bulk material handling sectors during the second quarter of 2014-15.