DOCSLIB.ORG

Download PDF Download

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Download PDF Download STEEL May 2021 For updated information, please visit www.ibef.org Table of Contents Executive Summary 3 Advantage India 4 Market Overview 6 Recent Trends and Strategies 16 Growth Drivers 21 Opportunities 27 Key Industry Contacts 30 Appendix 32 2 Executive summary Strong growth opportunities Second-largest • Demand for steel from different sectors will producer of crude steel drive this industry. • Consumption of steel by India’s infrastructure • For the period April 2020 and February segment is expected to increase to 11% by 2021, India’s cumulative production of crude FY26. steel stood at 93.1 MT. • Steel demand from the automotive sector is • Between April 2020 and March 2021, India’s expected to increase due to rise in the cumulative production of finished steel demand for automobiles. finished steel at 76.04 MT. • The new Vehicle Scrappage policy will help in • SAIL reported 9% growth in crude steel reducing steel prices as the policy enables production for the Q3 FY21. The production recycling of materials used in old vehicles. stood at 4.37 million tonnes against 4 mt • On the healthcare front, key steel producers during the same period in FY20. are now exceeding their capacities to • Total crude steel production in India produce oxygen cylinders for COVID increased at a CAGR of 4.85% betwwen patients. FY16 and FY20, with the country’s output • The Smart Cities’ Affordable Housing and reaching 108.50 million tonnes per annum industrial corridors are a few government (MTPA) in FY20. intitivates to boost the steel industry • India surpassed Japan to become the • About 158 lakh metric tonnes (MT) of steel world’s second-largest steel producer in are likely to be consumed in the construction 2019, with crude steel production of 111.2 of houses sanctioned under the Pradhan million tonnes. India overtook the US as the Mantri Awas Yojana (Urban). second-largest consumer of steel in 2019. • Moreover, capacity increased to 142.29 FDI in steel industry million tonnes (MT) in FY20 and the figure is anticipated to rise to 300 MT by 2030-31. • Policy allowing 100% FDI (via the • Steel companies are looking to restart automatic route) in the steel industry has expansion projects on the back of surging boosted investments. steel process with a capacity addition of 29 • Between April 2000 and March 2020, MT. Indian metallurgical industries attracted FDI of US$ 13.4 billion. Note: MTPA - Million Tonnes Per Annum, MT- million tonnes Source: World Steel Association, Ministry of Steel, News Articles 3 Advantage India 4 Advantage India 1. Robust Demand 4. Increasing Investment ► India’s finished steel consumption is ► To achieve steel capacity build-up of anticipated to increase to 230 MT by 300 MTPA by 2030, India would 2030-31 from 90.68 MT in 2017-18. need to invest US$ 156.08 billion by 2030-31. ► In April 2021, India’s finished steel consumption stood at 6.78 MT. ► The industry is witnessing consolidation of players, which has ► To drive post COVID-19 economic led to investment by entities from recovery, for the government has other sectors. The ongoing planned investments in roads, consolidation also presents an railways, metro connectivity, industrial opportunity to global players to enter parks, industrial corridors, DFC, 1 4 the Indian market. transportation of water, oil and gas, transmission towers, affordable housing. All these sectors will drive 3. Policy Support demand for steel. ADVANTAGE INDIA ► The National Steel Policy (NSP) 2017 was implemented to encourage the 2 3 industry to reach global benchmarks. 2. Competitive Advantage ► Government introduced Steel Scrap Recycling Policy to reduce import. ► As of 2019, India is the world’s second-largest producer of crude ► Export duty of 30% has been levied on steel (up from eighth spot in 2003) iron ore* (lumps and fines) to ensure with 111.2 MT. supply to domestic steel industry. ► Easy availability of low-cost ► The Government of India raised import manpower and presence of abundant duty on most steel items twice, each iron ore reserves make India time by 2.5%, and imposed measures competitive in the global set up. including anti-dumping and safeguard duties on iron and steel items. ► India is home to fifth-highest reserves of iron ore in the world. ► eUnder th Union Budget 2020-21, the government allocated Rs. 39.25 crore # Notes: MT - Million Tonnes, FDI - Foreign Direct Investment, ^National Steel Policy 2017, USGS Mineral Commodity Summaries (US$ 5.4 million) to the Ministry of 2020, *except low grade (below 58% ), MT- million tonnes , MoM – month over month Source: Metallurgical and Materials Engineering Division Board Steel. 5 Market Overview MARKET OVERVIEW 6 Evolution of the Indian steel sector 1907-18 1923-48 1954-64 1973-92 1993-2014 2015-20 . Production of steel . Mysore Iron and . Hindustan Steel Ltd . SAIL was created in • Foreign players • In 2019, India started in India Steel Company was and Bokaro Steel 1973 as a holding began entering the ranked as the (TISCO was setup set up in 1923. Ltd. were setup in company to oversee Indian steel market second-largest in 1907) . According to the 1954 and 1964, most of India's iron • No license crude steel producer . IISC was set up in new Industrial Policy respectively. and steel requirement for in the world. 1918 to compete Statement (1948), . In the early 1990s, production. capacity creation • Between April 2020 • Imposition of export and January 2021, with TISCO. new ventures were the public sector . In 1989, SAIL duty on iron ore, to India’s cumulative only undertaken by dominated steel acquired Vivesvata focus more on production of crude the central production. Iron and Steel Ltd. catering growing steel stood at 87.21 Government. Private players were . In 1993, the domestic demand MT and finished in downstream Government set • Decontrol of steel at 76.04 MT. production mainly plans in motion to domestic steel producing finished partially privatise prices steel using crude SAIL. • Launch of Scheme steel products. for promotion of Research and Development in Iron and Steel sector. Notes: (1)TISCO - Tata Iron and Steel Company; IISC - Indian Iron and Steel Company; SAIL -Steel Authority of India Ltd; MT- million tonnes 7 Structure of the steel sector Steel Form Composition End use Finished Non-alloy Liquid steel Crude steel Alloy Structural steel steel steel Low Ingots Flat Stainless carbon Construction steel steel Medium Silicon Semis Non-flat carbon Rail steel electrical steel High High carbon speed steel Source: Report on Indian steel industry by Competition Commission of India 8 Steel production capacity has expanded rapidly Crude Steel Production Capacity in FY19 – By Route Crude Steel Production Capacity (in million tonnes) (in million tonnes) 290 265 300 240 BOF 215 32.99 190 165 49.45 140 115 EAF 142 142 138 90 128 122 65 40 15 28.48 IF FY16 FY17 FY18 FY19 FY20 FY31P . India’s steel production capacity has expanded rapidly over the past few years, growing at a CAGR of 3.93% from 122 MT in FY16 to 142 MT in FY20. The National Steel Policy 2017 has envisaged achieving up to 300 MT of production capacity by 2030-31. FBF-BO route is expected to contribute 65% of the capacity, while the remaining 35% is expected to come from EAF & IF routes. Expansion of production capacity to 300 MT will translate into additional investment of Rs. 10 lakh crore (US$ 156.08 billion) by 2030-31. In the third quarter of FY21, the total steel output of Jindal Steel and Power Ltd., JSW Steel Ltd., SAIL and Tata Steel India stood at 14.95 MT, a 6% YoY increase. These four companies contribute ~45% to India’s annual steel production. Steel companies are looking to restart expansion projects on the back of surging steel process with a capacity addition of 29 MT. Note: P - Projection, ^CAGR is up to FY20, BF-BOF - Blast Furnace-Blast Oxygen Furnace, EAF - Electric Arc Furnace, IF - Induction Furnace, MT- million tonnes Source: Joint Plant Committee, Ministry of Steel, New articles 9 Steel production in India has been growing at a fast pace Total crude steel production (million tonnes) Total finished steel production (million tonnes) 140.0 120 120.0 100 100.0 126.86 120.14 110.92 80 108.50 103.13 97.95 80.0 106.60 101.03 101.29 89.79 60 92.78 60.0 40 40.0 85.60 20 20.0 0.0 0 FY16 FY17 FY18 FY19 FY20 FY21* FY16 FY17 FY18 FY19 FY20 FY21* . The steel sector contributes over 2% to India’s GDP. Also, it employs 500,000 people directly and 2.50 million indirectly. From April 2020 to February 2021, India’s cumulative production of crude steel stood at 92.78 MT. Between April 2020 and February 2021, India’s cumulative production of finished steel stood at 85.60 MT. To support MSMEs, the government has reduced customs duty on stainless steel to 7.5%. InY F 20, crude steel production and finished steel production in stood at 108.50 MT and 101.03 MT, respectively. Steel manufacturing output of India is expected to increase to 128.6 MT by 2021, accelerating the country’s share of global steel production from 5.9% in 2018 to 7.7% by 2021. Notes: FY - Indian Financial Year (April - March), MT - Million Tonnes, CAGR - Compound Annual Growth Rate; *- Until Feb 2021 Source: Joint Plant Committee, News Articles, Ministry of Steel, World Steel Association 10 Demand has outpaced supply over the last five years Consumption of finished steel (in million tonnes) Per-capita consumption of steel (in kgs) # 120.0 CAGR 5.2% 76.00 CAGR 4.12% 74.00 100.0 72.00 74.10 80.0 97.54 70.00 100.01 90.71 84.04 68.00 60.0 81.52 66.00 68.90 84.08 40.0 64.00 20.0 62.00 65.25 63.99 60.00 0.0 58.00 FY16 FY17 FY18 FY19 FY20 FY21* FY16 FY17 FY18 FY19 .
Load more

Recommended publications
  • Report on Fly Ash Generation and Its
    REPORT ON FLY ASH GENERATION AT COAL / LIGNITE BASED THERMAL POWER STATIONS AND ITS UTILIZATION IN THE COUNTRY FOR THE 1ST HALF OF THE YEAR 2020-2021 (April 2020 to September 2020) CENTRAL ELECTRICITY AUTHORITY NEW DELHI MARCH 2021 CONTENTS PARA No. PAGE DESCRIPTION No. 1.0 Background 1 2.0 Ash Generation & Utilization during the 1st Half Year 2020-21 2 2.1 A Brief Summary 2 Power Utilitywise Status of Fly Ash Generation & its utilization during 2.2 3 the 1st Half Year 2020-21 State wise Status of Fly Ash Generation & its utilization during the 1st 2.3 9 Half Year 2020-21 Present Status of Fly Ash Utilization as per MoEF’s amendment 3.0 10 notification dated 3rd November, 2009 3.1 Range of Fly Ash Utilization during the 1st Half Year 2020-21 11 Thermal Power Stations that have achieved 100% or more ash 3.2 11 utilization during the 1st Half Year 2020-21 Power Stations in Fly Ash Utilization level of 90% to less than 100% 3.3 17 during the 1st Half Year 2020-21 Power Stations in Fly Ash Utilization level of 70% to less than 90% 3.4 18 during the 1st Half Year 2020-21 Power Stations in Fly Ash Utilization level of 50% to less than 70% 3.5 20 during the 1st Half Year 2020-21 Power Stations with Fly Ash utilization level of less than 50% during 3.6 22 the 1st Half Year 2020-21 Power Stations with no Fly Ash Generation during the 1st half of the 3.7 24 Year 2020-21 4.0 Modes of Fly Ash utilization during the 1st Half Year 2020-21 25 5.0 Conclusions & Recommendations 27 List of Abbreviations 31 Fly Ash Generation and its Utilization at Coal / Lignite based Thermal Annexure-I Power Stations in the country during the 1st Half Year of 2020-21 (Power Utility Wise) i LIST OF TABLES & FIGURES TABLE PAGE TITLE OF TABLE No.
    [Show full text]
  • Retirement Strategy Fund 2060 Description Plan 3S DCP & JRA
    Retirement Strategy Fund 2060 June 30, 2020 Note: Numbers may not always add up due to rounding. % Invested For Each Plan Description Plan 3s DCP & JRA ACTIVIA PROPERTIES INC REIT 0.0137% 0.0137% AEON REIT INVESTMENT CORP REIT 0.0195% 0.0195% ALEXANDER + BALDWIN INC REIT 0.0118% 0.0118% ALEXANDRIA REAL ESTATE EQUIT REIT USD.01 0.0585% 0.0585% ALLIANCEBERNSTEIN GOVT STIF SSC FUND 64BA AGIS 587 0.0329% 0.0329% ALLIED PROPERTIES REAL ESTAT REIT 0.0219% 0.0219% AMERICAN CAMPUS COMMUNITIES REIT USD.01 0.0277% 0.0277% AMERICAN HOMES 4 RENT A REIT USD.01 0.0396% 0.0396% AMERICOLD REALTY TRUST REIT USD.01 0.0427% 0.0427% ARMADA HOFFLER PROPERTIES IN REIT USD.01 0.0124% 0.0124% AROUNDTOWN SA COMMON STOCK EUR.01 0.0248% 0.0248% ASSURA PLC REIT GBP.1 0.0319% 0.0319% AUSTRALIAN DOLLAR 0.0061% 0.0061% AZRIELI GROUP LTD COMMON STOCK ILS.1 0.0101% 0.0101% BLUEROCK RESIDENTIAL GROWTH REIT USD.01 0.0102% 0.0102% BOSTON PROPERTIES INC REIT USD.01 0.0580% 0.0580% BRAZILIAN REAL 0.0000% 0.0000% BRIXMOR PROPERTY GROUP INC REIT USD.01 0.0418% 0.0418% CA IMMOBILIEN ANLAGEN AG COMMON STOCK 0.0191% 0.0191% CAMDEN PROPERTY TRUST REIT USD.01 0.0394% 0.0394% CANADIAN DOLLAR 0.0005% 0.0005% CAPITALAND COMMERCIAL TRUST REIT 0.0228% 0.0228% CIFI HOLDINGS GROUP CO LTD COMMON STOCK HKD.1 0.0105% 0.0105% CITY DEVELOPMENTS LTD COMMON STOCK 0.0129% 0.0129% CK ASSET HOLDINGS LTD COMMON STOCK HKD1.0 0.0378% 0.0378% COMFORIA RESIDENTIAL REIT IN REIT 0.0328% 0.0328% COUSINS PROPERTIES INC REIT USD1.0 0.0403% 0.0403% CUBESMART REIT USD.01 0.0359% 0.0359% DAIWA OFFICE INVESTMENT
    [Show full text]
  • India CCS Scoping Study: Final Report
    January 2013 Project Code 2011BE02 India CCS Scoping Study: Final Report Prepared for The Global CCS Institute © The Energy and Resources Institute 2013 Suggested format for citation T E R I. 2013 India CCS Scoping Study:Final Report New Delhi: The Energy and Resources Institute. 42pp. [Project Report No. 2011BE02] For more information Project Monitoring Cell T E R I Tel. 2468 2100 or 2468 2111 Darbari Seth Block E-mail [email protected] IHC Complex, Lodhi Road Fax 2468 2144 or 2468 2145 New Delhi – 110 003 Web www.teriin.org India India +91 • Delhi (0)11 ii Table of Contents 1. INTRODUCTION ..................................................................................................................... 1 2. COUNTRY BACKGROUND ...................................................................................................... 1 3. CO2 SOURCES ......................................................................................................................... 7 4. CURRENT CCS ACTIVITY IN INDIA ..................................................................................... 15 5. ECONOMIC ANALYSIS .......................................................................................................... 19 6. POLICY & LEGISLATION REVIEW ......................................................................................... 26 7. CAPACITY ASSESSMENT ...................................................................................................... 27 8. BARRIERS TO CCS IMPLEMENTATION IN INDIA ...............................................................
    [Show full text]
  • Jindalstel 08092020173023
    For The Nation, For The People Towards AtmaNirbhar Bharat self reliant india JINDAL STEEL & POWER LIMITED 2019-20 ANNUAL REPORT 1 STRATEGIC REPORTS Our Inspiration ......................................................................02 Our Guiding Light................................................................03 To view Chairman’s Insight ...............................................................04 Annual Report 2020 Online, Message from the Managing Director ....................06 visit: www.jindalsteelpower.com JSPL: A Snap Shot ................................................................08 Our Presence ..........................................................................10 Our Margin-Strong Product Portfolio .......................12 How we create value .........................................................14 Sustainability and responsibility at JSPL .................16 Forward- looking statements In this Annual Report, we have disclosed forward-looking information to enable investors to JSPL’S Response to Covid- 19 .......................................18 comprehend our prospects and take investment decisions. This report and other statements – Board of Directors ................................................................19 written and oral – that we periodically make contain forward-looking statements that set out anticipated results based on the management’s plans and assumptions. We have tried wherever 2 STATUTORY REPORTS possible to identify such statements by using words such as ‘anticipate’, ‘estimate’,
    [Show full text]
  • IFIN's Morning Mirror
    20 December 2016 IFIN’s Morning Mirror Markets: Quick Notes Nifty vs. Institutional Activity Lack of positive cues, a fall in the rupee against the dollar and fear of outflow of foreign portfolio investments (FII) (Rs` Mn) Provisional Figures for Investments 12000 9000 hurt emerging markets, including India, on Monday. The 10000 domestic equity market ended at a two-week closing low, 8000 6000 8225 8193 8143 with telecom and consumer durables stocks leading the 4000 8087 8247 8262 2000 fall. Equity benchmark Sensex ended the day at 26,374, 8129 8000 0 8102 down 115 points or 0.43 per cent. The 30-share pack, (2000) (4000) which opened at 26,505 against the previous close of (6000) 26,489, hit an intraday high of 26,505 and a low of 26,340 (8000) (10000) 7000 Public sector natural gas processing and distribution 1-Dec 2-Dec 5-Dec 6-Dec 7-Dec 8-Dec 9-Dec 12-Dec company GAIL (up 2,23 per cent) emerged as the top FII (LHS) MF (LHS) Nifty (RHS) gainer in the index, while Asian Paints (down 2.35 per cent) finished as the worst laggard. On similar lines, the Fund Activity broader Nifty50 index of the National Stock Exchange (NSE) closed at 8,104, down 35 points. Net Inflows (Provisional Figures) (Rs. Crores) Purchases Sales Net The Nifty witnessed an intraday movement of about 37 12-Dec-2016 points. The market breadth, indicating the health of the FIIs 3992.73 4724.59 -731.86 market, was weak. Domestic Funds 672.8 894.4 -221.60 Today’s Economic Events India • Nil Global • Nil NSE Movement Particulars 19-Dec-16 16-Dec-16 % Change Traded Value 13299 18134 -36.35 (Rs.
    [Show full text]
  • Global Equity Fund Description Plan 3S DCP & JRA MICROSOFT CORP
    Global Equity Fund June 30, 2020 Note: Numbers may not always add up due to rounding. % Invested For Each Plan Description Plan 3s DCP & JRA MICROSOFT CORP 2.5289% 2.5289% APPLE INC 2.4756% 2.4756% AMAZON COM INC 1.9411% 1.9411% FACEBOOK CLASS A INC 0.9048% 0.9048% ALPHABET INC CLASS A 0.7033% 0.7033% ALPHABET INC CLASS C 0.6978% 0.6978% ALIBABA GROUP HOLDING ADR REPRESEN 0.6724% 0.6724% JOHNSON & JOHNSON 0.6151% 0.6151% TENCENT HOLDINGS LTD 0.6124% 0.6124% BERKSHIRE HATHAWAY INC CLASS B 0.5765% 0.5765% NESTLE SA 0.5428% 0.5428% VISA INC CLASS A 0.5408% 0.5408% PROCTER & GAMBLE 0.4838% 0.4838% JPMORGAN CHASE & CO 0.4730% 0.4730% UNITEDHEALTH GROUP INC 0.4619% 0.4619% ISHARES RUSSELL 3000 ETF 0.4525% 0.4525% HOME DEPOT INC 0.4463% 0.4463% TAIWAN SEMICONDUCTOR MANUFACTURING 0.4337% 0.4337% MASTERCARD INC CLASS A 0.4325% 0.4325% INTEL CORPORATION CORP 0.4207% 0.4207% SHORT-TERM INVESTMENT FUND 0.4158% 0.4158% ROCHE HOLDING PAR AG 0.4017% 0.4017% VERIZON COMMUNICATIONS INC 0.3792% 0.3792% NVIDIA CORP 0.3721% 0.3721% AT&T INC 0.3583% 0.3583% SAMSUNG ELECTRONICS LTD 0.3483% 0.3483% ADOBE INC 0.3473% 0.3473% PAYPAL HOLDINGS INC 0.3395% 0.3395% WALT DISNEY 0.3342% 0.3342% CISCO SYSTEMS INC 0.3283% 0.3283% MERCK & CO INC 0.3242% 0.3242% NETFLIX INC 0.3213% 0.3213% EXXON MOBIL CORP 0.3138% 0.3138% NOVARTIS AG 0.3084% 0.3084% BANK OF AMERICA CORP 0.3046% 0.3046% PEPSICO INC 0.3036% 0.3036% PFIZER INC 0.3020% 0.3020% COMCAST CORP CLASS A 0.2929% 0.2929% COCA-COLA 0.2872% 0.2872% ABBVIE INC 0.2870% 0.2870% CHEVRON CORP 0.2767% 0.2767% WALMART INC 0.2767%
    [Show full text]
  • IBEF Presentataion
    STEEL For updated information, please visit www.ibef.org July 2017 Table of Content Executive Summary……………….….…….3 Advantage India…………………..….……..4 Market Overview …………………….……..6 Recent Trends and Strategies …….……..17 Growth Drivers…………………….............22 Opportunities…….……….......……………30 Success Stories……………....……………33 Industry Associations……………....……...36 Useful Information……….......…………….38 EXECUTIVE SUMMARY . Total finished steel production in India has increased at a CAGR of 4.70 per cent during FY12–16, with country’s steel production reaching to 90.98 million tonnes per annum (MTPA) in FY16. 2rd largest producer of . The country became the 2nd largest crude steel producer in 2017, as large public and private sector players crude steel strengthen steel production capacity in view of rising demand. Moreover, capacity has increased to 121.97 million tonnes (MT) in FY16, which is 11 per cent more than FY15, while in the coming ten years the country is anticipated to produce 300 MT of steel . India’s comparatively low per capita steel consumption and expected growth in consumption due to growing Strong growth infrastructure construction, automobile and railways sectors has offered scope for growth opportunities . National Mineral Development Corporation is expected to increase the iron ore production 75 million tonnes per annum (MTPA) until 2021 indicating new opportunities in the sector . Domestic players’ investments in expanding and upgrading manufacturing facilities are expected to reduce Rising domestic and reliance on imports. In addition, the entry of international players would provide benefits in terms of capital international investments resources, technical know how and more competitive industry dynamics Note: 1) April-December 2015 MTPA – Million Tonnes Per Annum Source: World Steel Association, Ministry of Steel, Aranca Research 3 Steel For updated information, please visit www.ibef.org Steel ADVANTAGE INDIA ADVANTAGE INDIA .
    [Show full text]
  • Details of Votes Cast During the Quarter Ended June 15 of the Financial Year 2015-16
    Details of Votes cast during the quarter ended June 15 of the Financial year 2015-16 INVESTEE TYPE OF VOTE (FOR/ MEETING COMPANY'S COMPANY NAME MEETING PROPOSAL BY PROPOSAL'S DESCRIPTION AGAINST/ REASON SUPPORTING THE VOTE DECISION DATE MANAGEMENT (AGM/EGM) ABSTAIN) RECOMMENDATION GRANTING CERTAIN RIGHTS TO A LENDER PURSUANT TO A LOAN AGREEMENT IS A STANDARD PRACTICE IN 06-Apr-15 JINDAL STEEL AND POWER LTD EGM MANAGEMENT AMEND ARTICLES OF ASSOCIATION FOR FOR INDIA APPROVE WAIVER FROM RECOVERY OF EXCESS REMUNERATION AND REVISION ON REMUNERATION OF N. JINDAL, CHAIRMAN OF THE FOR THE FINANCIAL YEAR ENDING MARCH 31, 2015, WHEREIN THE REPORTED LOSS IS DUE TO AN 06-Apr-15 JINDAL STEEL AND POWER LTD EGM MANAGEMENT FOR FOR COMPANY UNEXCEPTIONAL EVENT BEYOND COMPANY'S CONTROL AND IS OF ONE TIME IN NATURE APPROVE WAIVER FROM RECOVERY OF EXCESS REMUNERATION AND REVISION ON REMUNERATION OF R.K. UPPAL, MANAGING THE EXECUTIVE REMUNERATIONS HAVE BEEN BENCHMARKED WITH THE REMUNERATION PAID BY ITS 06-Apr-15 JINDAL STEEL AND POWER LTD EGM MANAGEMENT FOR FOR DIRECTOR AND GROUP CEO, AND APPROVE ONE TIME INCENTIVE PEERS THE EXECUTIVE REMUNERATIONS HAVE BEEN BENCHMARKED WITH THE REMUNERATION PAID BY ITS 06-Apr-15 JINDAL STEEL AND POWER LTD EGM MANAGEMENT APPROVE REMUNERATION AND WAIVER FROM RECOVERY OF EXCESS REMUNERATION OF K.RAJAGOPAL, GROUP CFO AND DIRECTOR FOR FOR PEERS THE EXECUTIVE REMUNERATIONS HAVE BEEN BENCHMARKED WITH THE REMUNERATION PAID BY ITS 06-Apr-15 JINDAL STEEL AND POWER LTD EGM MANAGEMENT APPROVE REMUNERATION AND WAIVER FROM RECOVERY OF EXCESS
    [Show full text]
  • Division, HDC Traffic Chart FORM NO
    T.O.(SH & CH)Division, HDC Traffic Chart FORM NO. SH&CH/FR/01 SYAMA PRASAD MOOKERJEE PORT, KOLKATA Rev. 01 Morning Position as on Sunday, 15-Aug-2021 at 06:00 Hrs Vessels Inside Dock and at Haldia Oil Jetties Berth Vessel's Name L.O.A Steamer Agent Cargo Importer/Exporter Discharge/Shipment Total Due No. (Mtrs.) 2 M.V. IRON DUKE [HAL12100705] 196.00 TM INTERNAT I-LIMESTONE / MHC STEEL AUTHORITY 27914 F/W (Import) E-STEEL JINDAL STEEL & P 19000 PLATES-13500 / STEEL SLAB-5500 3 M.T. GULF MEWS [HAL12100667] 184.32 S2 SHIPPING I-PARAXYLENE MCPI PRIVATE LIM 4311/0 4311 15497 M.T. FEATHER [HAL12100686] 171.20 ATLANTIC GL I-FO (COASTAL) HINDUSTAN PETROL 10466 F/W & H/O 4 M.V. STAR MAINE [HAL12100712] 199.98 SEATRANS SH E-THERMAL COAL KARAM CHAND THAP 5228/4 5228 F/W (Export) (COASTAL) 4A M.V. INDIGO ACE [HAL12100704] 228.99 GAC SHIPPIN I-COKING COAL / STEEL AUTHORITY 18371/6 20853 13246 ISPHL 4B Vacant 5 M.T. OCEAN MORAY [HAL12100669] 139.98 SEAPORT SER I-CPO EMAMI /TATA I 4800 I-PALM FATTY ACID EMAMI /TATA I 3000 6 M.T. OCEAN BASS [HAL12100708] 139.98 INTEROCEAN I-CPO EMAMI AGROTECH L 6252/0 6252 431 7 M.V. GSM 02 [HAL12100644] 115.48 CHOWGULE BR I-WOODPULP EMAMI PAPER MILL 8036/32000 F/W & H/O 8 M.V. AQUAVITA SEA [HAL12100714] 229.00 ATLANTIC GL I-COKING COAL / MHC STEEL AUTHORITY 24290/6 24290 3500 9 M.V. GOLDEN KEY [HAL12100693] 170.00 ALFA OCEANI E-STEEL BLOOMS STEEL AUTHORITY 5422/1521/12 16468/5009 2530 10 Vacant 11 M.V.
    [Show full text]
  • A Project Report on Marketing of Jindal Steel & Power Limited
    A Project Report on Marketing Of Jindal Steel & Power Limited Submitted to The Indian Institute of Planning & Management Submitted by:- Bishnu Shankar Singh Batch-SRPM-E-T3 Session: SS-211-13(ISBE-E) Mob: 9007513568 1 Acknowledgement Apart from my efforts, the success of this project depends largely on the encouragement and guidance of many others. I take this opportunity to express my gratitude to the people without whom this project would not have been a success. I wish to express my gratitude towards Mr. Praveen Kumar, GM (HR Group), Mr.Kaushik Basu, Sr.DGM (Marketing) / Regional Manager, Mr Pradip Jaiswal, Deputy Manager (Marketing) and Mr Prabhav Singh, Asst.Manager (Marketing) for providing me with an opportunity to pursue an internship at JSPL. I would like to acknowledge the efforts and support of all employee of Kolkata office (Marketing) for her guidance and support as my guide at JSPL. He was extremely cooperative and willing to share his valuable experiences with me and helping me understand the Marketing at JSPL. I am obliged to the managers who head the Stockyards (EAST, Kolkata) departments for their cooperation during the internship. Without them I would not have been able to understand the supply or delivery operation at JSPL. Bishnu Shankar Singh 2 executive SummAry It was a great opportunity to do this project for Jindal Steel& Power Ltd, sales and marketing department, Kolkata. The basic objective of the project is how product is marketed at JSPL. Moreover, to know the current market of JSPL and its competitors. It was important to know the opinion of the end users about the quality of the product and usage.
    [Show full text]
  • Coal Mine Auction
    October 1, 2020 I Industry Research Coal mine auction Contact: The commercial coal mining auction has received lukewarm response. Out Madan Sabnavis of 38 mines put on auction for commercial mining by the Ministry of Coal Chief Economist bids were received for only 23 coal mines or 60% of total. The remaining [email protected] +91-22- 6837 4433 15 mines or 40% of coal mines did not receive any bids and the tender process for these mines will now be nullified. The Ministry of Coal has received a total of 76 bids from 42 companies for 23 coal mines. Two or more bids have been received for 19 coal mines. Rashmi Rawat Deputy Manager [email protected] The Ministry had launched the auction process for 41 coal mines (later revised to 38 mines) on June 18, 2020, for commercial mining under 11th Tranche of Auction under CM (SP) Act, 2015 and 1st Tranche of Auction under MMDR Act, 1957. Last date for Bid submission was 29th September 2020. Mradul Mishra (Media Contact) [email protected] Besides, the auction saw no participation from foreign companies. +91-22-6754 3573 However, as expected, apart from domestic mining companies, large scale aluminium, steel and power companies also participated in the auction and submitted their bids. All three primary aluminium producers Hindalco, Nalco and Balco have submitted their bids. The joint auction of bauxite and coal blocks will help in bringing down electricity cost of aluminium smelters. Aluminium major Hindalco submitted 5 bids. State-owned aluminium company Nalco submitted 1 bid.
    [Show full text]
  • Theme 1 Answers Chapter 1 Case Study
    THEME 1 ANSWERS CHAPTER 1 CASE STUDY: MARS AND BANCO SANTANDER 1. Suggest two raw materials that might be used by Mars. Answers may include: cocoa, sugar, milk, dried fruit, nuts and wrapping materials. 2. Suggest two examples of different workers that might be employed by Mars. Answers may include: factory workers, machine operators, production line workers, supervisors, managers or quality inspectors. 3. Suggest two services that might be provided by Banco Santander. Answers may include: the provision of current accounts, insurance policies, loans and overdrafts, credit cards or savings accounts. 4. Discuss in groups the possible reasons why Mars may use more machinery in its operations than Santander. The provision of services such as banking often requires more people in production. This is because the service industry often involves carrying out tasks for customers that are likely to be done by people. In contrast, Mars is a manufacturer and many of its products are produced on production lines in highly automated factories. Most of the processes used to make chocolate bars, including wrapping and packaging, can be carried out by machines. The use of labour is not significant in relation to the amount of machinery. However, with more and more people using online banking, the numbers of people employed in the provision of financial services is falling. An increasing number of financial services can be provided online with a small amount of contact between bank employees and customers. ACTIVITY 1 CASE STUDY: JINDAL STEEL AND POWER 1. What is meant by the term manufacturing? One important aspect of production is manufacturing.
    [Show full text]