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STEEL PROCUREMENT POLICY
ET Prime Special Series: Multibagger or IBC - Part 59: Japan taught it. Tata bought it. Now EVs will test this auto ancillaryThis is a story about a company that is simultaneously an asset and an anomaly. An asset because it builds a tangible, necessary product, g...- Workplace as strategy: Steelcase driving performance beyond designThe Indian workplace is transforming, with companies like Steelcase shifting from furniture suppliers to partners in workplace evolution. R...
- India's biggest trade bet comes with six red flagsIndia may be adding more trade partners, but its latest FTA report card comes with several red marks. A new study by the Global Trade Resea...
- BHEL, SAIL at risk of losing Maharatna tagTwo major Indian public sector companies, BHEL and SAIL, face a one-year deadline to improve their financial performance. Failure to meet p...
- Has China eaten Europe's lunch? A Brussels-Beijing battle is brewingEurope is adopting a tougher stance against China's industrial practices. A new strategy aims to protect European industries from unfair co...
- These large- and mid-cap stocks can give more than 25% return in 1 year, according to analystsFor the next few weeks, what needs to be watched is market breadth. And also look at which sectors are leading the rally. Why? Because, at ...
- India’s $1 trillion import dependence makes green transition a strategic necessityIndia faces significant import reliance across key sectors. Aatmanirbharta requires a growth model shift, with the green economy offering a...
- Another trade war? EU fires first shot in economic clash with ChinaEU is planning a major shift in its industrial policy through the proposed “Made in Europe” framework under the Industrial Accelerator Act,...
- Green steel mandate in works for government projectsIndia is planning to mandate the purchase of green-rated steel in central government projects and centrally-sponsored schemes starting from...
- 'Melt and Pour' rule notified for govt steel projectsThe Centre's revised Domestically Manufactured Iron & Steel Products Policy 2025 prioritizes steel procurement from PSUs for government pro...
- Steel Ministry proposes 37% purchase preference to green steel in government tendersIndia's steel ministry has proposed a green steel procurement policy, mandating up to 37% of government purchases to be low-carbon steel. A...
- India will create green steel policy, steel secretary saysIndia is set to introduce a green steel policy and may consider government procurement of decarbonised steel, according to Steel Secretary ...
- Green and bear it for a steely resolveIndia is preparing to challenge the EU's Carbon Border Adjustment Mechanism (CBAM) at the WTO, which requires non-EU steel producers to rep...
- Centre extends procurement preference for locally made steel by six monthsThe Steel Ministry extended the DMI&SP policy for preferential procurement of locally manufactured steel products by six months. The policy...
- No blanket exception for PSU oil companies from local sourcing mandate on steelGovernment-controlled oil companies must individually seek exceptions to the local steel sourcing mandate. The Ministry of Petroleum and Na...
- Providing 'local content' percentage made mandatory for Railways procurement processRailways in fact was in the eye of a storm when domestic steel producers had objected to the ministry's decision to buy rails through a glo...
- PMO asks government departments to stick to policy on procurementThe committee met on Thursday and gave Indian Railways "one-time exception" to buy 487,000 tonnes of rails under the global tender.
- Min 15% value addition must for procurement of imported steelThe policy provides preference to domestically manufactured iron and steel products valued at Rs 50 crore or more in government procurement.
- Preferential steel procurement for government projects will lead to further price riseA spate of infrastructure projects and also engineering exports would be hit as domestic steel makers would start raising prices further.
- New steel policy targets Rs 10 lakh crore investment: GovernmentThe policy envisages a crude steel capacity of nearly 300 mt by 2030-31, which is similar to the earlier target set by the earlier National...
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