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Achieve efficiency & profitability with right lubrication solution

The Indian steel industry had been expanding till March 2020 with its Purchasing Manager’s Index (PMI) over 50. However, the pandemic, subsequent lockdowns and supply-side constraints have deeply affected operations.

Make in Steel 2020

Given the long-term pipeline of infrastructure projects in India, the growth opportunity for the country's steel sector is immense.

Making steel plant productive, efficient and profitable

Steel industry is fundamental to every nation owing to the usage of steel in a plethora of industries.

Poor Assessment of Triggers

World Steel Association states that the global steel demand did increase by 0.2 per cent to 1,501 mt in 2016 after a contraction of -3 per cent in 2015. In 2017, it expects global steel demand to grow by 0.5 per cent and reach 1,510 mt.

Supreme Court orders shut down of 26 mines in Odisha

Illegal mining activities in various states of India has led to the downfall of the minerals and mining sector. Supreme Court had imposed ban on mining activities in Goa, Karnataka and Odisha. On May 16, the Supreme Court ordered shutdown of mines involved in Odisha which are involved in irregular mining activities. This is going to hit hard at the Indian steel industry which is already reeling down due to the shortage of iron ore. The Supreme Court has imposed restrictions on the operation of 2