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Top 6 steel companies to foray into speciality steel: Minister RCP Singh


Synopsis
“All of them -integrated steel mills, secondary steel mills and MSMEs in the sector - will benefit from the scheme. This is a demand-driven scheme, and there is a huge demand for speciality steel,” he added.
In an endorsement for the government’s Productivity-Linked Incentive (PLI) scheme for speciality steel, India’s top six steelmakers are set to produce speciality steel within the first year of the announcement of this scheme, Union steel minister RCP Singh told ET.
“The scheme has been designed with input from the industry, and the top six companies will soon enter the speciality steel sector. Six top companies – including 4 international and 2 domestic players - will enter in (producing speciality steel) the first year itself,” Singh said. ....

Bhaskar Chatterjee , Atmanirbhar Bharat , Indian Steel Association , Productivity Linked Incentive , Steel Association , Specialty Steel , General Indian Steel , பாஸ்கர் சாட்டர்ஜி , இந்தியன் எஃகு சங்கம் , ப்ரோடுக்டிவிடீ இணைக்கப்பட்டுள்ளது ஊக்கத்தொகை , எஃகு சங்கம் , சிறப்பு எஃகு ,

Need to increase logistics arrangement for steel sector: ISA


There is an urgent need to increase and improve the logistics arrangement for the domestic steel sector, industry body Indian Steel Association (ISA) on Thursday said.
Managing logistics requirements is still challenging and costly for many steel makers in India, ISA Secretary-General Bhaskar Chatterjee said in the Indian Steel Markets Conference 2021 organised by mjunction.
mjunction, a joint venture between Tata Steel and the Steel Authority of India Ltd, is a business-to-business e-commerce company that also publishes research reports on coal and steel verticals.
Noting that the steel production and consumption of the metal are expected to grow on the back of government initiatives, the transportation of raw materials to steel mills and finished steel to demand centres is an area to be looked at, he said in his address. ....

Bhaskar Chatterjee , Indian Steel Association , Tata Steel , Steel Authority Of India Ltd , Indian Railways , General Bhaskar Chatterjee , Indian Steel Markets Conference , Steel Authority , India Ltd , South Korea , Dedicated Freight Corridors , Steel Latest News , Steel Latest Updates , Steel Producers , பாஸ்கர் சாட்டர்ஜி , இந்தியன் எஃகு சங்கம் , டாடா எஃகு , எஃகு அதிகாரம் ஆஃப் இந்தியா லிமிடெட் , இந்தியன் ரயில்வே , ஜநரல் பாஸ்கர் சாட்டர்ஜி , இந்தியன் எஃகு சந்தைகள் மாநாடு , எஃகு அதிகாரம் , இந்தியா லிமிடெட் , தெற்கு கொரியா , அர்ப்பணிப்பு சரக்கு தாழ்வாரங்கள் , எஃகு சமீபத்தியது செய்தி ,