Construction

One side of Kashedi tunnel on Mumbai-Goa highway opens for traffic – ET Infra

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[ad_1] MUMBAI: Ahead of the Ganeshotsav, Mumbaikars travelling to Konkan area will save around an hour as one side of crucial Kashedi Ghat tunnel on Mumbai-Goa highway has been opened for the traffic. Similarly, 90% of the concreting work on the Goa-bound single lane has been completed. Announcements to this effect were made by Maharashtra […]

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Steel prices to stay high amid pre-poll spending: Crisil – ET Infra

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[ad_1] Steel Domestic steel prices are expected to stay higher in this financial year despite a slowing global economy owing to pre-election spending, said CRISIL MarkIntelligence and Analytics. It said in a note on Tuesday that prices are expected to remain at ?59,000 per tonne for flat steel and ?56,000 per tonne for long steel.

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Steel prices to remain firm on India’s pre-election spending binge – ET Infra

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[ad_1] Domestic steel prices are expected to remain at Rs 59,000 per tonne (flat steel) and Rs 56,000 per tonne (long steel) on pre-election spending, during the current financial year, a note from CRISIL MarkIntelligence and Analytics said. According to the note, the higher prices will remain despite a slowing global economy. This commentary comes

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Steel mills expect prices to ease after anti-dumping duty on China – ET Infra

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[ad_1] NEW DELHI/BEIJING: India’s steel producers expect a boost to local manufacturing and a fall in prices after New Delhi’s decision to impose an anti-dumping duty against steel wheels produced in China, according to four industry executives. Late on Monday, the Indian government imposed an anti-dumping duty on steel wheels used in tyres, from China,

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Adani Group market cap rises to a seven-month high – ET Infra

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[ad_1] NEW DELHI: The Adani Group, the port to power conglomerate, added a massive Rs 47,050 crore in shareholder’s wealth as investors showed renewed confidence in the group’s stock portfolio. Adani Group’s market capitalisation shot up to INR 11.5 trillion on Monday, a seven-month high. On Friday’s close, the group’s market capitalisation stood at Rs

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Share price of Shree Cements falls as Sensex gains 10.81 points – ET Infra

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[ad_1] Share price of Shree Cements Ltd. dropped 0.41 per cent to Rs 25666.0 at 10:05AM (IST) in Tuesday’s trade. The stock hit a high of Rs 26049.95 and low of Rs 25480.1 so far during the session. The stock had closed at Rs 25771.0 in the previous session. The counter had a total traded

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India imposes anti-dumping duty on some Chinese steel for 5 years – ET Infra

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[ad_1] Steel India on Monday imposed an anti-dumping duty on some Chinese steel for five years, according to a government notification. On Sept 4, India’s steel secretary, Nagendra Nath Sinha, said New Delhi was monitoring the steel imports situation after the steel industry raised concerns over potential dumping by Chinese sellers. During April-July, China was

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Tata Steel sets up 3,500 ton downstream manufacturing facility in UP – ET Infra

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[ad_1] Tata Steel on Monday inaugurated a fully automated construction service centre in Uttar Pradesh to manufacture reinforced products. The centre in Ghaziabad, which is the company’s second such unit after Cuttack in Odisha, will also provide solutions to the construction industry, Ashish Anupam, Chairperson, Marketing & Sales, Long Products, Tata Steel, said while addressing

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Essar Group preps for Green Steel production in Saudi Arabia – ET Infra

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[ad_1] India’s Essar Group is going ahead with plans to develop a $ 4.5 billion integrated Green Steel plant in Saudi Arabia. In a statement issued on Monday, Essar said it has forged a long term partnership with Saudi Arabia’s Desert Technologies (DT), a solar photovoltaic (PV) company. The two will develop solutions for renewable

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India, Turkiye to further cement trade, infrastructure ties – ET Infra

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[ad_1] Representative Image Prime Minister Narendra Modi on Sunday discussed strengthening trade and infrastructure relations with Turkiye President Recep Tayyip Erdogan. Modi mErdogan on the sidelines of the G20 Leaders’ Summit that concluded here on Sunday. “We talked about ways to further cement trade and infrastructure linkages between India and Turkiye,” Modi said on X.

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