The steel sector is responsible for contributing 12 percent of the total CO2 in the country
India’s logistics cost is highest and estimated at 14-16 percent of GDP against 8-9 percent of the world.
BF based rebar Fe 500D prices surpassed domestic HRC prices after reaching 2 years low late in July
The Indian economy has transitioned as it has been developing at a very rapid pace after overcoming
India has recently wrapped up the G20 Summit which was themed under “One Earth, One Family, One Future”.
Coking Coal prices are on the bullish mode since early August as the prices rose sharply by almost 20 percent since then.
India’s overall crude imports also went down by 7 percent in August on the account of rising prices as India imported around 4.35 mbpd of crude.
In a recent development, DGTR has imposed the 5-year anti-dumping duty on Chinese flat based steel wheels.
The policy to regulate the management of iron ore dumps in Goa received approval from the state cabinet late last week.
Indian steel sector has left worried with the spike in steel imports from China and FTA countries.