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India may lose second largest stainless steel producer spot to Indonesia in CY2021: ISSDA

Massive capacity build-up by Chinese stainless-steel companies in Indonesia to become operational this year | Surplus production may be targeted at Indian markets

Jindal Stainless revenue up 36% YoY

JSHL’s sales volume stood at 182,474 tonnes, up by 23% over the corresponding period last year (CPLY).

Partner for Success

Picture a manufactured product which has more than 20,000 unique components. These components are sourced from over 250 vendors, with 10 per cent of these vendors located outside the domestic shores.

Metallurgy Trends in Construction

Steel and metals play a major role in the construction industry. Alireza Moghaddam explains on the use of metals in construction and the new trends and the emerging market opportunities.

Saving the industry boat

A group of people were travelling in a boat. One of them took a drill and began to drill a hole beneath him. His companions asked him, "Why are you doing this?" The man replied, "What concern is it of yours? Am I not drilling under my own place?" Then they cautioned him: "But you will flood the boat and drown us all!"

Road 2 recovery

Despite the present day gloom in the market, the future for the construction equipment sector, especially for the road equipment segment in India, still holds much potential as this sector has a profound and immediate impact on the country?s economic growth. Off-Highway Research is optimistic about the growth in demand for road equipment and forecasts growth at a CAGR of 12.67 per cent over the next five years. Agith G Antony finds out more about the positive vibes in the industry.

CIL meets over 90% of its supply commitment: Govt

The Union Minister of State for Coal Pratik PrakashBapu Patil has recently said in the Rajya Sabha that the Coal India (CIL) has been meeting more than 90 per cent of its supply commitment as against the annual plan target finalised by the Ministry of Coal/Planning Commission. The gap between demand and supply of coal in the country is to be met through coal imports, he added.

Coal importers evade duty via false classification

The Directorate of Revenue Intelligence (DRI) in Gujarat detected around Rs 600 crore of import duty evasion by coal importers by falsely classifying coal in 2012-13. These coal importers have allegedly evaded duty by reporting bituminous coal imports as steam coal. Earlier, the government waived customs duty on steam coal and imposed only a concessional countervailing duty (CVD

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