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"We have environmental clearances to increase the capacity at the Vijaynagar plant from 12 mt to 16 mt. But we spend only almost half of this at Rs 3,000-3,500 crore per mt.The national steel policy enviغير مجاز مي باشدes to increase installed capacity to 300 mt by 2030 from the current 128 mt.Commenting on the government seeking suggestions from the industry over anti-dumping duty imposed last year, Rao said the duty generally is a medium term for five years. So, that is the kind of capex we will require to create an incremental 22 mt capacity." Steel demand grew 3."We have made a request to commerce and steel ministries that anti-dumping duty reference price be fixed only for the investigation period 2015-16 as during that period, steel price and غير مجاز مي باشدt of production were different than what it is today," Rao said. At Dolvi, we have approvals to double the capacity to 10 mt.2-1..Mumbai: Leading alloy-maker JSW Steel is planning to increase its manufacturing capacity to 40-45 million tonne by 2030 from the present 18 million tonne. This will take demand growth to 9-10 per cent, implying an incremental demand of 9-10 mt per annum.3 times of GDP growth if investments pick up.Claiming that his company has one of the lowest غير مجاز مي باشدt per tonne, Rao said, "to set up a greenfield steel project today it غير مجاز مي باشدts Rs 6,000-7,000 crore per million tonne. This means we have the approval to increase our capacity to 27 wholesale self drilling screw for metal mt from the present 18 mt," Rao said."Today we have 18 mt installed capacity which is 15 per cent of the national steel manufacturing capacity of 128 mt.If the country builds 300 mt capacity by 2030, we would like to plan accordingly to maintain our 15 per cent share, which will be 40-45 mt," JSW Steel joint managing director & group CFO Seshagiri Rao told PTI.5 per cent in fiscal 2017 and JSW expects demand growth to expand 1.


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Steel demand in India is set to contract 7.7 million tonnes,” it said.7 percent in 2020 with “significant downside risks”, the Indian Steel Association (ISA), which represents some of the top steel producers, said in a note.7 million tonnes.The coronavirus outbreak has left the Indian automotive industry in distress, with automakers seeking temporary tax cuts on cars, trucks and motorbikes as well as incentives to scrap old vehicles.Late last month Steel Authority of India Ltd, the country’s largest state-owned steelmaker, said some customers had cancelled orders because of port disruption as the lockdown hobbles movement of goods.1 percent to touch 106.“ISA had estimated in February that the steel demand in calendar year 2020 would grow by China phillips drywall screw 5.Prime Minister Narendra Modi has extended the nationwide lockdown until 3 May, but the federal government has allowed states to restart some activity amid economic distress in rural areas.Most steel companies have faced disruptions and suspended operations at some of their plants.JSW Steel Ltd, which has the biggest capacity in India, this week said it was evaluating a phased restart to operations. We have now revised the steel demand forecast to 93..New Delhi: Indian steel demand is expected to plunge to multi-year lows in 2020, hit by slowdowns in the construction, automotive and rail sectors as India fights the coronavirus with a protracted lockdown, a leading industry body said.The lockdown’s impact on economic activity will dent steel demand by nearly 13 million tonnes, Arnab Kumar Hazra, assistant secretary general at the Indian Steel Association, told Reuters, adding that demand growth is at a multi-year low.


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Recognising limited availability of metallurgical coal as a disadvantage for Indian steel sector, the draft steel policy also aims at increasing supply of domestic coking coal to cut dependence on imports by half and a production of 300 million tonnes of the alloy by 2030-31."We have already received roofing screw distributors the suggestions and we are ready," the minister said.New Delhi: The Steel Ministry will soon seek the Cabinet nod for its new policy that enviغير مجاز مي باشدes Rs 10 lakh crore investment for creating capacity in the sector that is currently reeling under weak demand and a surge in raw material prices.He expressed concern that per capita steel consumption in the country is very low compared to the rest of the world and said "we have made a lot of provisions" to address that situation."As far the steel policy is concerned we would be having it very shortly," Steel Minister Chaudhary Birender Singh told PTI.Indias per capita steel consumption at 61 kg is much lower than the global average of 208 kg or that of other major steel producing countries (China at 489 kg and South Korea at 1114 kg).The secondary steel sector which accounts for almost half the steel produced in India, he said, was very important now. The ministry had uploaded the draft policy on the website, seeking suggestions from the stakeholders. Keeping in mind that in the next 50 years steel demand would grow in India and South East Asia, the government has chalked out strategies ensuring that the steel production also increases, he said.The global coking coal price, which was at USD 80 per tonne in January last year, rose to USD 283 per tonne in December, according to Indian Steel Association Secretary General Sanak Mishra..In early January, however, global price of metallurgical coal came down to USD 193 per tonne, still more than double of last year.


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Commenting on the success, JD Patil, Whole-time Director, and Senior Executive Vice President for L&Ts Defence and L&T-NxT businesses said we have played a vital role in powering ISROs second historic mission to the moon, by providing number of critical flight hardware, sub-systems and assemblies.Mumbai: Private sector players had a significant role to play in the success of the state-run ISROs Chandrayaan-2 mission with companies like Larsen & Toubro (L&T) and Godrej group contributing with hardware and testing solutions..Besides manufacturing, L&T also carried out Proof Pressure Testing to ascertain the integrity and impeccable fabrication quality of the entire S200 solid boosters."Godrejs contribution to the mission includes critical equipment such as L110 engine and CE20 engine for the launcher GSLV Mk III, thrusters for the orbiter and lander, and components for the DSN antenna," Godrej Aerospace Executive Vice President and Business Head SM Vaidya said in a statement.The GSLV MkIII launch vehicle was powered at lift-off by twin S200 solid boosters comprising head end, middle and nozzle end segments manufactured at L&Ts Powai Aerospace Workshop.43 pm and successfully placed the 3,850-kg Chandrayaan-2 into the earth orbit about 16 minutes later.Apart from these two large corporates, companies like Ananth Technologies, MTAR Technologies, Inox Technologies, Lakshmi Machine Works, Centum Avasarala and Karnataka Hybrid Microdevices, are reported to have contributed to the China roofing screw distributors successful launch of the mission.The Chandrayaan-2, a three-module spacecraft comprising orbiter, lander and rover, will be subjected to a series of orbit manoeuvres using its onboard propulsion system to take it to the vicinity of moon over the next weeks with the rover soft landing planned on September 7.India launched its domestic space program 50 years ago and had to develop its own technology and rocket after Western powers levied sanctions in response to a 1974 nuclear weapons test.Patil further said L&T has played a significant role in the Indian space programme and has been associated with all generations of launch vehicles including SLV3, ASLV, PSLV, GSLV to the latest GSLV Mk-III, which is being used for the Chandrayaan-2.Besides private sector, the State-run Steel Authority of India (SAIL) also supplied special-quality stainless steel from its Salem steel plant for the requirements for stringent specifications, superior surface finish and close tolerances for the mission. The company also supplied hardware like Umbilical and Honey Comb Deck Panels that were used in this launch.Dubbed as Baahubali, the Rs 978 crore unmanned mission lifted-off from the second launchpad at the spaceport into skies at 2. The lunar mission which was originally planned on July 15 was delayed due to a technical snag. Since then ISRO, has worked to keep import غير مجاز مي باشدts low by designing most of the parts for its programme that are then outsourced to the domestic private sector.


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Mumbai: Group companies in Indian salt-to-software conglomerate Tata Sons face potential combined writedowns of close to billion due to poor investments, according to an internal letter sent by ousted chairman Cyrus Mistry to the Tata board."."Mistry was also critical of the group's foreign acquisition strategy, saying it resulted in a massive debt burden, especially the buyout of its European steel business which faced "potential impairments in excess of billion.In its statement on Mistry's departure on Monday, Tata Sons said: "The board of directors in its collective wisdom and on the recommendation of the principle shareholders decided that it may be appropriate to consider a change for the long term interest of Tata Sons and Tata group.Mistry said in the letter seen by Reuters that Indian Hotels Co, the passenger vehicle operations of Tata Motors Ltd, the loss-making European steel operations of Tata Steel, a telecoms venture and an Indian plant of Tata Power were "legacy hotspots".The board has not said publicly why it removed Mistry from the post late on Monday, and Tata declined to comment on the letter, which carried Tuesday's date.‘There is no line of sight to profitability for the Nano, any turnaround strategy for the company requires to shut it down. "Emotional reasons alone have kept us away from this crucial decision."In his letter, Mistry said that after he became chairman of Tata Sons in December 2012, the articles of association of the company where changed in a way that limited his freedom to make decisions without interference.A spokeswoman for Mistry declined to comment."A realistic self drilling screw for metal distributors assessment of the fair value (of) these businesses could potentially result in a writedown over time of about Rs118,000 crores ( billion)," he said in the emailed letter."As there is no line of sight to profitability for the Nano, any turnaround strategy for the company requires to shut it down," he wrote.He said he had opposed some of the group's strategies, such as its re-entry into the aviation business through joint ventures in Vistara and AirAsia India, and took a particular swipe at اين نام مجاز نمي باشدn Tata's Nano small car project.Sources close to the matter have told Reuters that Mistry had lost favour with family patriarch اين نام مجاز نمي باشدn Tata and the powerful trusts that own two-thirds of the group.


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