The report on Low Carbon Steel has been prepared by the Energy Transitions Commission (ETC) India, a research platform based in TERI in New Delhi
Steel companies witnessed a contraction in margins, dragged down by lacklustre demand and lower global commodity prices
China's contention that the goal of curbing overcapacity in steel has been achieved is only partially true and doesn't bode well for India
Lower steel prices have helped improve margins while govt's focus on infra development for water, oil and gas has brought a surge in orders for the manufacturers
The Steel Import Monitoring System (SIMS) will provide advance information about steel imports to both the government and stake holders
Normal stock position is 21 days; industry officials see steel prices close to bottom even as global scenario remain grim
Steel minister Chaudhary Birender Singh has also called for snatching opportunities from competitors like China to emerge as a global player in steel