India Imposes 12% Temporary Tax on Steel Imports to Protect Local Industry
The Indian government has imposed a short-term 12% duty (referred to as a safeguard duty) on certain kinds of flat steel imports, which come primarily from China and Vietnam. This is to safeguard Indian steel producers from an influx of cheap steel entering India. The new regulation began on April 21 and will remain in […]
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Shree Cement Expands Further with New Grinding Unit in Chhattisgarh; Market Cap Crosses ₹1 Trillion
Shree Cement has commissioned a new cement grinding unit in Baloda Bazar, Raipur (Chhattisgarh). It has the capacity to produce 3.4 million tonnes of cement annually. It’s in line with the company’s vision to become bigger by enhancing its existing operations. Recently, they also commissioned another plant with a capacity of 3 million tonnes in […]
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Government Adds 12% Tax on Some Steel Imports to Help Indian Companies
The Union Steel and Heavy Industries Minister, Shri H. D. Kumaraswamy, stated that he is in favor of the government’s move to impose a 12% duty (referred to as a “safeguard duty”) on importing certain grades of steel. This move is intended to shield Indian steel firms from an excess of steel imports, which were […]
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Drydocks World and Cochin Shipyard Forge Strategic Partnership to Boost Ship Repair and Maritime Infrastructure in India
DP World’s Drydocks World has signed a Memorandum of Understanding (MoU) with India’s Cochin Shipyard Limited (CSL), a move prompted by the Ministry of Ports, Shipping, and Waterways of India. The alliance is intended to establish ship repair clusters throughout India, improving maritime infrastructure within the nation and increasing global competitiveness in the industry. The […]
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SCHWING Stetter and MAX-Truder Team Up for Better Concrete Solutions in India
SCHWING Stetter India, a company that manufactures construction and concrete machinery, is now partnering with MAX-Truder, a German company that manufactures precast concrete machinery. This partnership will help SCHWING Stetter grow in the precast concrete market in India. Precast concrete means parts of the building like walls and floors are made in a factory and […]
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Global Network Gathers in Panama to Promote Sustainable Concrete
The Innovandi Global Cement and Concrete Research Network (GCCRN) is hosting its Spring Week from March 17 to 21, 2025 in Panama City. Over 40 universities and 30 companies will come together to accelerate the development of sustainable cement and concrete. The goal is to reduce carbon emissions in the cement and concrete industry and […]
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Dalmia Bharat Begins Cement Production at New Facility in Assam
Dalmia Bharat has started commercial production at its new grinding unit in Lanka, Hojai district, Assam on March 15, 2025. The new unit of Dalmia Cement (North East) will produce 2.4 million tonnes of cement per annum. With this addition, the company’s total cement production capacity has gone up from 46.6 million tonnes to 49 […]
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Ramco Cements Faces Higher Costs Due to New Tax in Tamil Nadu
Ramco Cements Ltd is facing fresh challenges after Tamil Nadu introduced a new tax on mineral bearing land from Feb 20, 2024. The state now levies Rs 160 per tonne on limestone which has to be paid upfront when it is shipped. This adds to the existing limestone mining costs for cement companies in the […]
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NCLT Approves Merger of Dalmia Cement and Vinay Cement
NCLT Guwahati has approved the merger of Dalmia Cement (North East) and Vinay Cement. The order was passed on 21st Feb 2025 and will strengthen cement and mining operations in North East. As part of the merger, Vinay Cement’s cement and mining business which is part of Dalmia Cement will be transferred to Dalmia Cement […]
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Rising Carbon Costs Could Change the Global Cement Industry, Warns World Cement Association
The World Cement Association (WCA) says the cement industry is in big trouble due to rising carbon costs. WCA founder and director Emir Adiguzel spoke at the World Cement’s Envirotech 2025 Conference in Athens. Adiguzel said carbon costs are biting hard. Carbon costs are no longer an expense, they are now a key factor in […]
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