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Last updated: 23 Feb, 2017  
 Industrial Supplies


Steel exports double in 2016-17, imports fall 36.6 pc
SME Times News Bureau | 12 Apr, 2017
Overtaking imports, India's steel exports jumped by 102.1 per cent in 2016-17 to 8.24 million tonnes (mt), as compared to 4.07 mt shipped out in the previous financial year (2015-16), according to a Steel Ministry's report.
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Ferro alloy producers seek protection from Malaysian imports
SME Times News Bureau | 27 Feb, 2017
Amid concerns over cheap imports of ferro alloys from Malaysia, Indian ferro alloy producers on Monday called for protective measures from the Steel Ministry.
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Tata Steel to discuss asset sale with British unions: Report
SME Times News Bureau | 26 Sep, 2016
Indian multinational Tata Steel is set to begin crucial talks with trade union representatives of its British steelworks to settle the deadlock over a 15 billion pound pension scheme for its workers, British media reported on Sunday.
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Chinese construction major keen on India's highway projects
SME Times News Bureau | 13 Jul, 2016
A major Chinese construction corporation has expressed keen interest in India's highway development projects, the government on Tuesday disclosed.
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Birla Corporation looks at a better demand for cement in 2016-17
SME Times News Bureau | 04 Jul, 2016
The M.P. Birla Group's flagship firm, Birla Corporation expects the cement sector which is facing the problem of excess supply will see a better demand in the current fiscal on the back of planned spending by the central government on various projects.
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Steel industry accounts for biggest chunk of NPAs: FM
SME Times News Bureau | 06 May, 2016
The steel industry accounts for the largest proportion of the non-performing assets (NPAs) of banks, Finance Minister Arun Jaitley told the Lok Sabha on Thursday.
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Birla Corp seals Rs.48k cr cement deal with Reliance Infra
SME Times News Bureau | 05 Feb, 2016
Reliance Infrastructure on Thursday announced a definitive agreement with Birla Corp, the flagship company of the MP Birla Group, to sell the entire 100-percent stake in its integrated cement subsidiary in a deal estimated at Rs.4,800 core.
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Steel industry crisis to loom for another 18-24 months: Official
SME Times News Bureau | 25 Sep, 2015
With imported Chinese steel flooding the Indian market and a global surplus generated in the sector, the steel ministry has assessed the crisis to loom for another 18-24 months, an official said.
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Rourkela plant to ship steel slabs to Thailand
SME Times News Bureau | 10 Sep, 2013
The plant in the steel city of Rourkela, about 500 km from state capital Bhubaneswar, Monday despatched 129 slabs by rail to Visakhapatnam port in Andhra Pradesh from where these will be shipped to Thailand, the official said.
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Essar Steel signs $160 mn deal with Harsco India
SME Times News Bureau | 05 Jul, 2013
Towards becoming a "zero-waste" firm, Essar Steel has signed a $160-million deal with Harsco India for recovering iron from the slag generated while making steel.
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  Customs Exchange Rates
Currency Import Export
US Dollar
65.15
63.50
UK Pound
83.40
80.60
Euro
73.45
70.95
Japanese Yen 59.75 57.70
As on 22 Jun, 2017
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  Commented Stories
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» GST Council lowers rates on 66 items, relief to SMEs(2)
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» DGFT sets up GST facilitation cell for exporters(1)
 
 
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