In 2018, the Donald Trump government imposed steel and aluminium tariffs on steel and aluminium imports to USA on all its trading partners. The Trump government set a 25% tariff on steel and 10% tariff citing national security reasons, a strong blow for the steel...
Steel making is known as one of the most environmentally hazardous industries in the world. However, several efforts are being taken to curb carbon emissions caused during the steel manufacturing process. In other words, green steel manufacturing means a process of...
The steel industry is undergoing several transformations. On one hand emphasis on the adoption of green technologies remains while changes in tax structures, etc., are also disrupting the industry. Here is an outlook for key factors that will have an impact on the...
From October 1, 2023, the transitional stage for CBAM is expected to begin. Although CBAM is a European mechanism to control greenhouse gas emissions, it impacts businesses the world over. What is CBAM? The full form of CBAM is the Carbon Border Adjustment Mechanism....
Tata Steel is taking several steps towards sustainability. Continuing this effort, Tata Steel has become the first Indian steel company to import cargo on a bulk carrier that uses LNG as fuel. On 24th July 2023, a cape-sized LNG fueled vessel named MV Ubuntu Unity...
According to several media reports, demand for steel in India is on the rise and it is expected to remain robust in FY24. A report released by the Indian Steel Association (ISA) in May 2023 suggested that the demand for steel would grow by 7.5% in the year 2023-24. As...
In 2022, India became the second largest producer of crude steel in the world. As one of the top producers and consumers of steel in the world, India both exports and imports finished steel to a variety of countries. Have a look at the major steel export and import...
Table of Contents Introduction GST rates on steel products GST on steel bars ITC rules MSMEs must know Interstate vs Intrastate GST implications Freight and transportation costs under GST Job work, cutting and scrap handling HSN codes and compliance in GST filing...
Gujarat is a one of the top steel producing states of India and contributes significantly to India’s total steel production. In 2021-22, steel making companies of Gujarat recorded 9189000 tonnes of collective crude steel production. This increased steel production...
Table of Contents How to calculate 12 mm steel bar weight? Example 12mm steel bar weight calculation What is the weight of 12 mm steel bar? How to calculate weight of 12mm steel bar per metre? How to calculate 12mm steel bar weight per foot? What is the price of 12mm...
Table of Contents Meaning Sizes Types Weight Benefits Applications Do you know that sometimes square bars prove to be better than round ones? They offer better strength and stability. This article takes a closer look at what square bars are, their sizes, weight,...
Table of Contents What is a binding wire HSN code Sizes Pricing Manufacturers Uses Manufacturing process In the construction industry, rebars and TMT bars are used widely. However, binding wires play a critical role in keeping them together. Do you know what binding...
Table of Contents What is mild steel? Composition Manufacturing process Properties Advantages and disadvantages of mild steel Uses and applications Construction industry is dominated by a type of steel called mild steel. Mild steel is an immensely strong material....
