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Crude steel is a vital raw material used in industries such as construction and automotive. It undergoes further refinement into finished steel, which has specific properties tailored to end-use. The global steel market is shifting towards sustainable practices, with trends like hydrogen-based steelmaking, AI, and automation driving innovation.

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Stainless steel coils are primarily used in the construction and industrial industries. An iron-based alloy, stainless steel comprises 11% of chromium, along with traces of nitrogen, aluminum, sulfur, silicon, titanium, nickel, copper, and selenium. It is rust and heat resistant. There are various stainless steel grades determined by different quantities of chromium or nickel. Initially produced as stainless steel slabs, these slabs are converted into stainless steel coils using a range of manufacturing techniques. Stainless steel coils are extensively used...

Last updated on: Aug 22, 2023

To keep the eTendering process effective there are some basic guidelines and rules of tendering that must be followed. The government portals for tenders (CPPP and GeM) were launched with the objective of being the single portal where all government departments and ministries can announce their procurement requirements. As such, to keep the tendering process fair, here are the top four general principles of tendering that usually can be said about the tendering process in India.

Last updated on: Jun 30, 2023

Ever wondered what happens to borrowers when they are unable to repay a business loan EMI? This is not an unusual situation as many times borrowers default on loan repayments. In this article, we take a look at the how defaulting business loan EMI can impact your creditworthiness and business, the steps lenders can take in such situations, and how you can avoid being a defaulter.

Last updated on: Jun 30, 2023
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