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MSME Engineering Exporters Concerned Over Proposed 25% Safeguard Duty on Steel Imports

MSME engineering exporters have expressed concerns over the government’s proposal to impose a 25% safeguard duty on steel imports, warning that it could...

ConstructionReal EstateSteel DailyTrending News

Steel Market Faces Pressure in Chennai, Hyderabad, Bellary

The induction furnace (IF) steel market in Chennai, Hyderabad, and Bellary saw notable price corrections on December 2, 2024, as mills adjusted their...

ConstructionNewsReal EstateTrending News

Puravankara Plans Rs 2,000 Crore Fund to Expand in Affordable Housing Segment

Real estate developer Puravankara is set to launch a real estate fund of up to Rs 2,000 crore to fuel its expansion in...

Editors PickNewsSteel Daily

India’s Steel Imports Up 41%, BIS Enforces Quality Standards to Protect Industry

India’s steel imports have risen sharply in the first half of 2024-25, reaching 4.735 million tonnes, a 41.3% increase compared to 3.329 million...

CementConstructionNewsReal Estate

Cement Demand Growth to Moderate to 5-6% in FY25: CareEdge Ratings

The cement sector is projected to see demand growth moderate to 5-6% in FY25, down from 8-9% in recent years, according to CareEdge...

ConstructionNewsReal EstateTrending News

Sri Venkatachalapathy Constructions Bags Rs 129.20 Crore Chennai Sewerage Project

Sri Venkatachalapathy Constructions has emerged as the lowest bidder (L1) for a crucial water and sewerage project in Chennai. The Rs 129.20 crore...

NewsReal EstateTrending News

Construction Costs Surge by 39% in Big Cities, Impacting Housing Projects

The cost of construction for housing projects in major Indian cities has surged by 39% over the past four years, now averaging Rs...

ConstructionNewsSteel Daily

BEML Secures Major Order from CCL: ₹246 Crore Deal for Mining Trucks

Bharat Earth Movers Ltd (BEML), a prominent public sector enterprise in heavy equipment manufacturing, has secured a ₹246.78 crore contract from Central Coalfields...

NewsSteel Daily

Steel Demand in India to Grow 8%: Capacity to Surge by 20 Million Tons by FY2027

India’s steel industry is set to increase its annual capacity by 20 million tons between FY 2025-27, according to a recent report by...

ConstructionReal EstateTrending News

Chennai’s Real Estate Shift: High-Rises and Skyscrapers Redefine the Urban Horizon

Chennai, traditionally known for its low-rise residential buildings, is experiencing a shift towards vertical growth, with a surge in high-rise construction. The city,...