Building-material

Ramco Cements sets up medical oxygen plant in Tamil Nadu

One oxygen cylinder can cater to a patient for 10 to 12 hours at the rate of 10 litres per minute

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Govt proposes to cut import duties on steel to aid MSMEs

The govt has made the proposal to aid MSMEs which have been hit hard by high raw material costs

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UltraTech Cement starts civil works across 12.8 mtpa expansion projects

UltraTech has placed most of its equipment orders for its 12.8 mtpa expansion projects

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UltraTech Cement: Petroleum coke prices to stabilise by the end of 2021

Petcoke prices to stabilise on the back of ramped up operations in Texas refineries

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Kamdhenu plans Rs 1,000 cr revenue from paint segment in next 5 years

The company is also planning to convert its paints segment into a separate business entity

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World Cement Association launches Climate Partnership programme

WCA announces its Climate Partnership programme and collaboration with NGOs, think tanks

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Dalmia Cement to expand eastern India cement capacity by 4.8 mtpa

Dalmia Cement intends to expand its cement production capacity in eastern India

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LafargeHolcim India delivers 200 oxygen concentrators to Delhi

LafargeHolcim India along with its holdings, supplied 200 oxygen concentrators to Delhi

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ArcelorMittal Nippon Steel India begins feasibility study for steel plant

AM/NS India starts feasibility study for its upcoming 12 mtpa plant in Odisha

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Centre extends anti-dumping duty on seamless tubes, pipes till October

Anti-dumping duty on seamless tubes and pipes extended till 31 October

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JSW Steel and JFE Steel Corp ink pact to conduct feasibility study

JSW Steel and JFE Steel to establish a grain-oriented electrical steel sheet JV in India

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Opinion: Growth momentum in steel to continue into FY2022

The Indian primary steel industry has witnessed a sharp rebound from the second half of fiscal 2021 despite the challenges posed by the Covid-19 pandemic. While the pandemic-related risks persist, sector analysts MANISH GUPTA & NAVEEN VAIDYANATHAN of CRISIL Ratings believe growth momentum for the steel industry could sustain in FY2022. This would help steel makers fortify balance sheets even as they continue to invest for future growth.

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