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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.

Mining Gains

The recent policy initiatives by the Central Government are expected to boost the mining activities in the country, providing new opportunities to private and global miners, and equipment and technology providers.

We plan to double our capacity within two years

Incorporated in 1988, HD Wires began production in July 1994 and has stepped into its 25th year of operation this year. The company celebrated its remarkable 25 years on March 16, 2019.

Revival on Cards?

India is witnessing an improved growth trend in coal mining, as Coal India Ltd (CIL) is aiming an output of one billion tonne by 2020. CIL has earmarked a capital investment of Rs 57,000 crore, as part of the road map for one billion tonne target, with a planned capex of Rs 8,500 crore in 2017-18.

Steel cos expect demand growth

Domestic steel producers are upbeat about the demand prospects going ahead.

The welding market is expected to reach Rs.16,750 cr by 2019-20

In the welding sector, the number of available skilled and trained workers is much less than the need. We are trying to concentrate on training and skill development so that we have more skilled and trained workers readily available, which will increase the productivity, says R Srinivasan, Vice President, The Indian Institute of Welding. Excerpts from the interview...

Steel consumption to grow by 5%: Tata Steel

In the current fiscal, steel consumption is likely to grow by about five per cent due to the slowdown in demand from the real estate and automobile sectors, Tata Steel Managing Director HM Nerurkar has said in Delhi on September 24.

Govt to up steel demand in rural areas

To increase the demand of steel in rural areas and to boost steel consumption, the Union Minister of Steel, Beni Prasad Verma has been stressing on the need for setting up Steel Processing Units (SPUs). The effort aimed at bridging the disparity between the national consumption of 60 kg of steel per man per year and rural consumption of 10 kg per man per year.

Steel consumption up

Steel consumption in the country grew by 3.5 per cent in April, marginally higher than the average 3.3 per cent growth in the entire last fiscal.

India presents a vast potential for overseas investment, and VDMA acts as a bridgehead

The bC India show will facilitate closer interaction among German technology suppliers and the Indian construction industry, paving the way for increased global interest in the Indian market. Hence it would be a ?win-win? situation for the industry, says Rajesh Nath, Managing Director, VDMA India. Excerpts from the interview.

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