Stories from the Steel Trenches – United States Regardless of one’s Political thoughts in the United States, it is without doubt that Steel manufacturing in United States has been decimated and towns in Midwest and even East Coast have been hollowed out. I remember until the early 90s driving for meetings through Gary, Sparrow Point, […]
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Stories from the Steel Trenches – Bangladesh, September 2018 I was in Chittagong and Dhaka on a steel conference organized by Steel Group and SUFI (Steel Users Federation of India). Of course no conference is complete for me unless I have roamed the steel retail bazaars and taken in the sights and sounds and in
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Buying Galvanized Steel and Prepainted Steel Buying Galvanized Steel and Prepainted Steel…. Buying from overseas is arduous and tests even the very best pocurement managers. China is of course the destination for most and it is an ocean. Needless to say even the best swimmers respect the ocean before venturing out. China can be deceptive
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Protectionism and its downside We are seeing in the Indian Steel prices the outcome of multiple trade and non-trade barriers on imports over the last couple of years. Steel prices have sky rocketed. Small and medium scale industries are in doldrums as the prices are unsustainable and they cannot import their requirements in small quantities.
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Jobs, jobs, where are they in India? Jobs are there in India. But they are in Small and Medium Sector in India. They are are in the informal economy. They are there are in the small Service Sector. But these sectors are not sleek. The owners do not have associations to represent themselves with the
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Thoughts on “Make in India” Each morning as I step out of my car, I run into the “Make in India ” lion…it is indeed a wonderful morning inspiration for India s growth and potential. However the words “Make in India” seem a little isolationist. So are we going to make everything from a simple
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Is it the death knell of SMEs and MSEs in India? Is it the death knell of SMEs and MSEs in India? Times are exceedingly difficult for the steel user industry particularly in the SME and MSE sector. Thanks to MIP steel supplies have dwindled and prices are sky high making their products and very
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A unique experience with WOS The onset of May marked the end of my second academic year at Indian Institute of Technology, BHU. Two long years of metallurgical training and still I was clueless when it came to relating the theories taught in the classroom to actual application. An internship was an absolute necessity. However
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Heads I win, Tails I win If you are a steel producer in India, you have the best of both worlds. You take risks in the global market, you go for greenfield and brownfield projects, mergers and acquisitions across the world and when markets turn sour and business plans go awry, you can retreat and
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A headache called “Steel” Steel is making more headlines than perhaps any other Industry in India. Daily there is a barrage of news…cheap steel, dumping and the Government is pitching in with a slew of notifications…BIS, anti-dumping, safe guard duties, MIP (Minimum Import Prices) and the threats continue for port restriction. The biggest irony is
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