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Industry News

 

Steel industry continues to see protection benefit - Business Standard
27 Jun 2017 - Steel companies with a sizable presence in flat steel products are beneficiaries of better pricing, becuase
of tariff protection, in the domestic market Prices of hot-rolled steel in the Mumbai market, a flat product mainly used in the...
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All India cement prices witness sharp decline in May 2017 - Financial Express
26 Jun 2017 - All-India cement prices witnessed some decline in May-17 from the highs of April-17 due to demand
slackness and the government’s intervention toward end-April against the steep price increases initiated in most regions...
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Chennai Civil Engineers Association demands regulation of construction material
prices - Indian Times
23 Jun 2017 - The Chennai Civil Engineers Association on Thursday staged a protest here on Thursday demanding
that the Tamil Nadu government resolve sand crisis in the state and regulate the prices of construction materials...
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Manitou MRT 3050 Telehandler - Construction Equipment
13 Jun 2017 - The MRT 3050 rotating telehandler can lift up to 5.5 tons and has a maximum lifting height of 98.4 feet
Stabilizers deploy to a length of up to 20.5 feet and are fitted with a strain gauge system, which, according to Manitou...
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Cement sector outlook and GST impact - Dalal Street
10 Jun 2017 - India is the second largest producer and consumer of cement in the world having total production
capacity of 282.8 MT in 2016  According to Indian Cement Industry Analysis (IBEF), domestic cement consumption...
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Case Celebrates 175 Years - Construction Equipment
08 Jun 2017 - The Case brand turns 175 years old this year, and this week the company held a rally and luncheon
to celebrate Case Construction Equipment hosted more than 800 employees at its headquarters in Racine Wis...
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Arcelormittal buys Italian steel company Ilva for €1.8 billion - Russian Construction
07 Jun 2017 - The world's largest steel company Arcelormittal, in the consortium with Italian company Marcegaglia
will acquire Italy's largest steel company Ilva from the Italian government for €1.8 billion, Le Figaro reports, citing the...
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Plantworx – the UK’s Largest Working Construction Equipment Show – the
waiting it almost over! - Hub-4.com
06 Jun 2017 - The UK’s largest ‘working’ construction equipment machinery exhibition is just days away
(6th – 8th June Bruntingthorpe Proving Ground, Leicestershire) The PLANTWORX team and the show’s hosts...
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Steel prices see correction in May due to weak demand - Business Standard
05 Jun 2017 - Steel prices have been rolled over for the month on the back of a muted demand and correction in
international prices, coupled with a reduction in raw material prices Steel producers said the market was not...
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Drill operating system streamlines pipe handling for improved cycle times
- Utility Products
03 Jun 2017 - Utilities and underground industry contractors have a new tool to increase productivity with the
launch of Toro’s new directional drill operating system, TDOS-1 with SmartTouch™ The new system allows pipe...
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Orient Cement to buy 2 cement units from Jaypee for ₹1,946 cr - The Hindu
02 Jun 2017 - C.K. Birla Group firm Orient Cement has signed definitive agreements with Manoj Gaur led Jaypee
Group to buy two of its cement units for ₹1,946 crore The first agreement was signed by Orient Cements to buy 74%...
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JSPL commissions Odisha’s biggest integrated steel plant - Financial Express
31 May 2017 - The biggest integrated steel plant of Odisha was made operational today with the commissioning
of the country's largest blast furnace The biggest integrated steel plant of Odisha was made operational today...
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Cement industry to ride on back of government's infrastructure push - New Indian Express
30 May 2017 - With the infrastructure sector enjoying top priority status under the Narendra Modi-led government at the
Centre the cement industry is poised to witness robust growth in the coming years India is the second biggest producer...
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ATF launches IoT security device for construction industry - ZD Net
29 May 2017 - Site safety company ATF Services has announced the launch of its Internet of Things (IoT) wireless monitoring
device aimed at addressing the issue of theft on construction sites and remote locations.According to ATF, 39 percent of...
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Rlys, irrigation to push construction equipment growth: JCB - Business Standard
27 May 2017 - Earthmoving and construction equipment maker JCB India today said railways and irrigation are two sectors
that will push growth of construction equipment industry even as it pegged their overall growth to 10-15 per cent for 2017...
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India becomes second largest steel producer in the world - The Economic Times
26 May 2017 - India has emerged as the second largest stainless steel producer in the world after China India overtook
Japan as the second-biggest producer in 2016, according to data released by the International Stainless Steel Forum ...
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GST regime: Higher rates for cement may hit construction - The Hindu Buisness Line
23 May 2017 - Cement prices are expected to go up marginally, as the GST Council has announced a tax rate of
28 per cent on the product The cement industry says the rate is above what was expected, and the increase...
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JSW Steel draws up capex of Rs 26,800 cr for next three yrs - Buisness Standard
18 May 2017 - Sajjan Jindal-led JSW Steel today said it has drawn up capital expenditure programme of Rs 26,800 crore
for the next three years period to expand capacity "We are investing Rs 26,800 crore over the next three years period...
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Thyssenkrupp in talks with Tata Steel, others for European steel making facility - The
Economic Times
13 May 2017 - German engineering giant Thyssenkrupp on Friday said they are in talks with other European companies
including Tata SteelBSE -0.83 % for consolidation of its steel making facility in Europe Speaking to reporters on the sidelines...
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Cat expands portable generator power range with RP12000 E - Equipment World
10 May 2017 - Less than a year after entering the home/outdoor power market with a lineup of portable generators
Caterpillar is increasing the lineup’s power range with a new model The new Cat RP12000 E delivers 12kW of power...
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Caterpillar acquires equipment rental, tech startup Yard Club - Construction Dive
09 May 2017 - Caterpillar has acquired heavy equipment sharing and management tech startup Yard Club, according
to TechCrunch Yard Club has been working with Caterpillar dealers to help them rent and sell equipment through its...
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ACC, Ambuja Cements mull merger - India Today
06 May 2017 - New Delhi, May 5 (PTI) ACC Ltd and Ambuja Cements -- the two Indian units of the worlds largest
cement producer LafargeHolcim -- today decided to explore merger between them, ending months of speculation...
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New Steel Policy to boost domestic products use, invest Rs 10 lakh cr to up capacity
to 300 mn t by 2030 - First post
04 May 2017 - CA new policy that aims to achieve steel making capacity of 300 million tonnes by 2030 with an additional
investment of Rs 10 lakh crore got the Cabinet green light on Wednesday The Cabinet also approved a policy for use of...
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Case Construction Equipment releases limited edition skid steers and loaders - Construction
& Demolition Recycling
03 May 2017 - Case Construction Equipment, Racine, Wisconsin, has rolled out 175 limited edition red skid steer and
compact track loaders in honor of the company’s 175th anniversary in 2017 The special edition loaders will be sold...
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Cement price hikes in April indicative of better volume and profitability  - Live Mint
02 May 2017 - Cement price hikes in April indicate impending volume growth and possibly better profitability for cement
makers in the current quarter, analysts and company executives said Average cement prices nationwide picked up strongly...
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CASE India Wins Best Seller - Compaction Equipment Title for the 4th Year in
a Row - Business Wire India
27 Apr 2017 - CASE Construction Equipment, a brand of CNH Industrial, received further recognition for its commitment to
the road construction industry in India and won the Best Seller Compaction Equipment award in the country at the 4th...
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Schneider Electric India, IL&FS bag Naya Raipur smart city project - Economic times
25 Apr 2017 - Schneider Electric India, in partnership with IL&FS, has bagged a contract from Naya Raipur Development
Authority to develop the first greenfield integrated smart city in the capital of Chhattisgarh India plans to develop 100 smart...
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Hyundai Heavy Industries announce spinoff of Construction Equipment division - World Highways
24 Apr 2017 - Hyundai Heavy Industries (HHI) has announced the spinoff of what was its Construction Equipment division
The new company was officially established with the name Hyundai Construction Equipment Co., Ltd on the 1 April 2017...
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Delayed Impact Of Demonetisation Will Weigh On Profitability Of Cement Makers - Bloomberg
21 Apr 2017 - A delayed impact of demonetisation, slowdown in government spending due to elections in northern states
and political uncertainty in Tamil Nadu are likely to weigh on cement makers’ earnings in the three months ended March...
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Wednesday December 13, 2017