Tubular Box Spanners 260001

TUBULAR BOX SPANNERS 260001 Standard Code No. 260001 DIN 896 form B ISO 2236, ISO 1085 Light series, manufactured from ERW Tube, Case hardened, Zinc / Nickle Chrome plated. Hexagon openings with flared ends to facilitate access to the fasteners. These light though versatile tools are used with Tommy Bars fitted in [...]

By |2022-09-17T04:28:48+05:30September 16th, 2022|Comments Off on Tubular Box Spanners 260001

Solid Tubular Box Wrenches 260002

SOLID TUBULAR BOX WRENCHES 260002 Standard Code No. 260002 DIN 896 form A ISO 2236, ISO 1085 NFE 74.304 Heavy Duty Pattern, Hot forged, Profiled for Hexagon Shank, manufactured from Chrome vanadium Steel (31CrV3), full hardened, Head Polished and Ni Cr Plated. These are from hexagon shaft holes for turning either with [...]

By |2022-09-17T04:27:20+05:30September 16th, 2022|Comments Off on Solid Tubular Box Wrenches 260002

Steel sector outlook in FY22: India and beyond

Lack of investment in Infra has been the major constraint resulting in a sluggish growth in steel consumption in the last few years. India is ending FY21 with a total steel consumption of around 95-97 million tonnes of steel which is nearly 5 percent lower than the previous year. In FY22 the budget has announced [...]

By |2021-04-17T20:57:33+05:30April 17th, 2021|Industry|0 Comments

Steel industry set to report record sales growth

Steel prices are expected to remain high in 2021, fuelled by higher demand, which will affect core inflation and also keep WPI inflation at elevated levels. Strong domestic demand, along with healthy exports, aided the steel industry's production and sales growth in the fourth quarter of 2020-21 on a sequential basis, said analysts. Revenues of [...]

By |2021-04-12T19:38:32+05:30April 12th, 2021|Industry|0 Comments

Steel sector to bounce back in 2021

The construction sector, which includes both infrastructure and real estate, contributes about 62 per cent of the total steel demand. New Delhi: After a brief lull in 2020 pushed by the pandemic and the lockdown that affected all industries, the Indian steel industry is expected to bounce back to a robust growth phase in 2021. [...]

By |2021-04-01T10:11:06+05:30April 1st, 2021|Industry|0 Comments

India’s steel and cement companies witnessing revival

A report by CARE Ratings said the margins of steel companies were expected to grow further in the last quarter of the fiscal India's steel and cement companies are witnessing a revival after getting eviscerated by the pandemic, a sign the infrastructure sector is returning to normality. A report by CARE Ratings said the margins [...]

By |2021-03-12T18:59:04+05:30March 12th, 2021|Industry|0 Comments

NMDC Donimalai mine ops to improve domestic iron ore supply: Experts

Resumption of mining operations at the NMDC Donimalai mine will improve iron ore supply in the country and help ease prices of the key steel making raw material, experts say. Resumption of mining operations at the Donimalai mine will improve iron ore supply in the country and help ease prices of the key steel making [...]

By |2021-02-24T00:28:21+05:30February 24th, 2021|Industry|0 Comments

Low customs duty, cheaper ore to reduce steel prices

Domestic demand for steel may stay robust in the near term Low customs duty, cheaper ore to reduce steel prices: Steel prices are expected to fall by as much as 10% from their January highs over the next few months, industry analysts said, retreating from a runaway rise that led end-consumers to seek government intervention. [...]

By |2021-02-15T13:21:14+05:30February 15th, 2021|Industry|0 Comments

Strong demand, low inventory to support domestic steel prices

As per the report, India's steel consumption grew 9 per cent year-on-year and 3 per cent month-on-month to 9.97 mt in January 2021. New Delhi: Strong domestic demand along with low finished inventory are expected to support domestic steel prices, Motilal Oswal Financial Services said in a report. As per the report, India's steel consumption grew [...]

By |2021-02-14T13:02:24+05:30February 14th, 2021|Industry|0 Comments

India to expand steel production to meet demand

The report said that Indian steel players are likely to defer the capacity addition plans of almost 10 MT by at least one to two years. New Delhi: As demand for steel is set to rise further in years ahead, India will have to expand its steel production, said a Kearney report. The report titled [...]

By |2021-02-13T14:59:53+05:30February 13th, 2021|Industry|0 Comments
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