stainless steel flanges

Imports: a major challenge to the Indian stainless steel industry

The primary challenge for the Indian stainless steel industry is the high level of imports, constituting ~20% of the domestic market in stainless steel flat products. This has created a serious bottleneck in the growth of domestic production, leading to low capacity utilization along with financial and job losses. The first step to solving any problem, however, comes in identifying the causes, and here the ISSDA has completed a thorough investigation. Read more...
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Stainless Steel World India
ONGC, IOCL sign maiden COSA for North East

ONGC, IOCL sign maiden COSA for North East

Oil and Gas Corporation Limited (ONGC) and Indian Oil Corporation Limited (IOCL) signed the Crude Oil...
14 October 2019
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Thyssenkrupp eyes revenue of 4,000 cr in next 5 years

Riding high on rising demand for capital goods equipment across mining and cement segments, Thyssenkrupp...
14 October 2019
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JSW Energy in talks to acquire GMR Kamalanga Energy

JSW Energy led by billionaire industrialist Sajjan Jindal reported entering into exclusive discussions...
14 October 2019
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Outokumpu appoints MD for Indian operations

Outokumpu has appointed Mr. Rajeev Sherry as Managing Director to head the company’s India operations....
14 October 2019
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L&T Construction awarded significant contracts

The construction arm of L&T has secured orders from prestigious clients for its varied businesses. In the Republic of Mozambique, the business has secured an order for Engineering, Procurement, and Construction of a 400kV overhead transmission line between the towns of Chimuara and Alto Molocue in...
14 October 2019
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NTPC increases capacity of 2 thermal power stations

NTPC has added two power generation units of 660 megawatt (MW) each at Tanda and Khargone thermal power plants....
14 October 2019
Groundbreaking ceremony for Shuqaiq 3 desal plant

Groundbreaking ceremony for Shuqaiq 3 desal plant

Almar Water Solutions, a company in the development of water infrastructure (part of Abdul Latif Jameel...
14 October 2019

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