engineering export bulletin engineering the future
  • Inauguration of IESS IX held on 4th March, 2020 in Coimbatore. From left to right – Mr. Mahesh K. Desai, Sr. Vice Chairman, EEPC India; Mr. P. Benjamin, Minister for Rural Industries including Cottage Industries, Small Industries, Govt. of Tamil Nadu; Mr. M.C. Sampath, Minister for Industries, Steel Control, Mines and Minerals and Special Initiatives, Govt. of Tamil Nadu; Dr. Anup Wadhawan, Commerce Secretary, Ministry of Commerce & Industry, Govt. of India; Mr. Ravi Sehgal, Chairman, EEPC India and Mr. Azhar Taib, CEO, Malaysia Automotive, Robotics & IoT Institute (MARii)
  • Dr. Anup Wadhawan, Commerce Secretary, Ministry of Commerce & Industry, Govt. of India addressing the audience at the Inauguration of IESS IX held on 4th March, 2020 in Coimbatore
  • Press Meet by Mr. M.C. Sampath, Minister for Industries, Steel Control, Mines and Minerals and Special Initiatives, Govt. of Tamil Nadu. Mr. P. Benjamin, Minister for Rural Industries including Cottage Industries, Small Industries, Govt. of Tamil Nadu and Mr. Ravi Sehgal, Chairman, EEPC India are also present at the Inauguration of IESS IX held on 4th March, 2020 in Coimbatore
  • Inauguration of IESS IX held on 4th March, 2020 in Coimbatore. From left to right : Dr. Anup Wadhawan, Commerce Secretary, Ministry of Commerce & Industry, Govt. of India; Mr. Ravi Sehgal, Chairman, EEPC India; Ms. Kamna Raj Aggarwalla, Regional Chairperson (NR), EEPC India; Mr Azhar Taib, CEO, Malaysia Automotive, Robotics & IoT Institute (MARii); Mr. Arun Kumar Garodia, Vice Chairman, EEPC India and other dignitaries
  • Mr. Rakesh Suraj, Regional Director (NR), EEPC India addressing the gathering at Vendor Development Meet with Indian Railways held on 4th March, 2020 in Coimbatore
  • Mr. Mahesh K. Desai, Sr. Vice Chairman, EEPC India addressing the gathering at the IESS IX - Global Sourcing Meet with Malaysia held on 5th March, 2020 in Coimbatore
  • Ms. Anima Pandey, Regional Director (ER) & Director (Membership), EEPC India addressing the gathering at the IESS IX - Global Sourcing Meet by Australia held on 5th March, 2020 in Coimbatore

ENGINEERING EXPORT INFO-BULLETIN | VOL. 22 | ISSUE NO. 10 | MARCH 9, 2020

eepc mobile app

Contents

From Chairman’s Pen

OVERSEAS SECTION

Global Business Opportunities

DOMESTIC SECTION

For information about
EEPC INDIA visit :
www.eepcindia.org

Highlights

Govt. Notifications/ Circulars

  • DGFT Notification No. 48/2015-2020 - Amendment in Export Policy of Personal Protection Equipments/Masks.
  • Policy Circular No. 31/2015-20 - Relief in Average Export Obligation in terms of Para 5.19 of Hand Book of Procedures of Foreign Trade Policy, 2015-20.
  • Trade Notice No. 52/2019-20 - Steps taken by CBIC to facilitate clearances in view of situation arising due to Corona Virus.
  • Trade Notice No. 53/2019-2020 - Online filling and Issuance of Preferential Certificate of Origin under India Korea Comprehensive Economic Partnership Agreement (IKCEPA) for India`s Exports to Republic of Korea w.e.f. 06th March 2020.
  • Notification No.20/2020 - Customs (N.T.) - Exchange Rates Notification No.20/2020-Custom (NT) dated 05.03.2020- Reg.
  • Notification No.21/2020 - Customs (N.T.) - Exchange Rates Notification No.21/2020-Customs (NT) dated 09.03.2020.
chairman

My dear fellow exporters,

We have recently concluded the ninth edition of the IESS – the biggest engineering sourcing show in India in Coimbatore, Tamil Nadu. With Malaysia as the partner country the show has been a significant success bringing together 400 exhibitors and 500 overseas buyers. I am very pleased to announce that we have had a very good response from all participants. I would also like to take this opportunity to thank all our members and participants and EEPC colleagues for making the event a success. I hope that we would be able to continue to take such successful strives in future.

India’s engineering sector has been performing below par in the current fiscal after two consecutive years of exceptional growth. The performance dip is largely on account of the depressed global trade scenario.  The dismal state of affairs globally is majorly attributable to the major trade disputes and protectionist stance adopted by several key markets. The situation has been further impacted by the outbreak of COVID-19 which recently was termed as a pandemic by WHO. The WTO has also predicted ‘substantial’ impact on global trade which would be reflected in the data in coming weeks.IMF isalso likely to downgrade growth forecast due to coronavirus outbreak.

This brings us to the excellent role played by our government so far to lessen the impact of the outbreak on Indian traders. The government has already started consulting the industry to identify the supply chain issues that that Indian businesses may face.Simultaneously through the Indian Missions abroad, the government is engaging with industries in different countries to identify areas where Indian exports can replace the disrupted Chinese supplies. While appreciating the steps adopted by the government to face the pandemic we also strongly hope and pray for a quicker solution to the crisis such that further global meltdown can be avoided.

 

Ravi Sehgal 

Amidst India’s faltering merchandise export growth and prolonged contraction in export credit growth, exporters have at least seen some silver lining as both the domestic government and the monetary regulatory authority RBI have been in consultation to ease priority sector lending norms for exports in order to ensure higher flow of credit towards export sector, according to news source. The Commerce and Industry minister has very recently held a meeting with senior public-sector bankers to push for easier and higher flow of credit disbursalfor exporters at cheaper rates. The government is expected to announce a slew of measures to boost export growth very soon while the RBI is also likely to change credit norms in favour of the exporters.

 

The measures to reinvigorate export credit has been the demand of the exporters as many MSME exporters have already been forced to go out of business due to excessive financial crunch and many are facing the same threat. To ensure availability of hassle-free credit to small exporters is a priority for the commerce minister.According to the latest RBI data, export credit of scheduled banks shrank as much as 36.1% year-on-year as of June 21, even on a low base of 42.7% contraction a year earlier.

 

The interest subvention provided to the exporters to the extent of three to five percent on bank credit has to make way for suitable alternative as WTO has raised objection to this kind of schemes on the ground of non-compliance. An alternative mechanism to facilitate export credit is desperately required. EEPC India has already suggested refund of embedded taxes for the exporters.

 

EEPC India, as a premiere trade and investment promotion body under the Ministry of Commerce and Industry, wholeheartedly thank the government for its initiative to revive exports from India.

Overseas Information

OVERSEAS MARKET INFORMATION

Republic of Korea
(Source : Embassy of India in Seoul)

Significant trends in trade and investment

Trade - As of January 2020, Republic of Korea’s exports inched down -6.3 percent to USD $43,260 million. Imports also inched down -5.4 percent to $42,725 million. The trade surplus stood at $535 million.

Bilateral trade in January 2020, Korea’s export to India marked $1,230 million with -13.8 percent decrease year-on-year, and import from India amounted to $568 million with 20.9 percent increase. Bilateral trade recorded $1,798 million and Korea marked $668 million trade surplus with India during the period.

The top 10 items of export and import remained similar to earlier months.

For India’s export to Korea, the top 10 items remained almost identical with Other (HS Code: 271019) and Other (HS Code: 300490) replacing Electrodues of a kind used for furnaces (HS Code: 854511) and Buta-1,3-diene and isoprene (HS Code: 290124). Although still many of items recorded down-growth, three items recorded a spike-high growth; Light oils and preparations (HS Code: 271012) with 204.7%, Other (HS Code: 271019) with 9,000% and Salt and pure sodium chloride etc. (HS Code: 250100) with 127.5% growth. India’s top 3 exports to Republic of Korea remained the same.

India’s import items from Korea showed changes in the items, despite the top 3 items remained identical. Newly added items are Machines for the reception, conversion and etc (HS Code: 851762), Other (HS Code: 846299), Styrene (HS Code: 290250) and Unwrought zinc, not alloyed etc (HS Code: 790111). Compared to December 2019, more items recorded downturn, mostly focused in the top items. Machines for the reception, conversion and etc (HS Code: 851762), which has been newly added on the list, recorded the highest growth rate of 534.8% with Other (HS: 846299) 98.3% growth.

Analysis - The Ministry of Trade, Industry and Energy announced on February 1 that Korea’s exports in January saw a year-on-year decrease of 6.1 percent to USD 43.4 billion. Imports dropped 5.3 percent to $42.7 billion, resulting in The Ministry of Trade, Industry and Energy announced on February 1 that Korea’s exports in January saw a year-on-year decrease of 6.1 percent to USD 43.4 billion. Imports dropped 5.3 percent to $42.7 billion, resulting in a trade surplus of $620 million.

Korean exports last month were affected by fewer working days due to the Lunar New Year holidays, but maintained a single-digit drop. The average daily exports adjusted for working days variation turned positive for the first time in 14 months. The impacts of Japan’s export regulations or the new coronavirus on Korean exports seem limited.

By destination, exports to ASEAN rose 9.9 percent to $9.5 billion due to increasing shipments of petroleum products, ships, and petrochemicals.

Shipments to the Commonwealth of Independent States (CIS) went up 5.1 percent to $1.1 billion due to growing sales of general machinery, displays, computers, and wireless communication devices.

Meanwhile, shipments bound for the Middle East dropped 9.9 percent to $1.3 billion chiefly due to declining shipments of displays, petrochemicals, and auto parts.

Shipments to the EU also declined 16.2 percent to $4.2 billion as exports for automobiles, petrochemicals, steel, and semiconductors decreased.

January imports fell 5.3 percent to $42.7 billion led by the decreases in bituminous coal, semiconductor manufacturing equipment, and gasoline passenger vehicles.

Investment - More investment has been made in the third quarter (July-September 2019), the total investment amounting to $340 million during January-September 2019. Majority of the investment came from manufacturing sector, followed by Information and Communications and Wholesale and Retail Trade. Cumulative investment since 1980 stands at $6.29 billion.

ICCK names Sachin Satpute as new chairman

The Indian Chamber of Commerce in Korea, ICCK has elected Sachin Satpute, president of Novelis Asia, to lead the business lobby as of Jan. 1 on the back of his near 30 years of experience, the ICCK said on 13th January.  He succeeds Ssangyong Motor Company CFO and Vice President Vasudev Tumbe. Mr Satpute has been serving as the president of Novelis Asia, the world’s largest aluminum recycler, since June 2016. He is also a board member of Ulsan Aluminum, a joint venture between Novelis Korea and Japan’s Kobe Steel.

(Source : The Korea Herald)

Business Opportunities in India, Make in India Seminar in Gwangju City

Embassy of India, Seoul hosted ‘Business Opportunities in India, Make in India Seminar in Gwangju Metropolitan City on 31st January. The event, co-hosted with ICCK and supported by Gwangju Chamber of Commerce & Industry and Gwangju Metropolitan City, was held along with the celebration of the 71st Republic Day of India. The seminar was held in Gwangju Metropolitan City in order to reach out local business community and to raise awareness and promote Make in India sectors of –automobile, E-Mobility and Renewable Energy of the Government of India. Sessions on legal framework of India, experience sharing by Korean companies and sectoral policies were held.

NongHyup Financial to launch JV with IFFCO to enter Indian market]

NongHyup Financial Group will launch a joint venture (JV) with the Indian Farmers Fertilizer Cooperative (IFFCO), the world`s largest fertilizer cooperative, in a bid to make inroads into India`s financial market. The announcement came a day after NongHyup Financial Group Chairman Kim Gwang-soo and IFFCO Chairman US Awasthi signed a share subscription agreement at IFFCO`s headquarters in New Delhi. Under the accord, NH Capital, a subsidiary of NongHyup Financial, has acquired about 25 percent of the shares of IFFCO-Kisan Finance ? an affiliated company of IFFCO ? becoming the second-largest shareholder of the agricultural equipment-specialized finance company. This is the first time a Korean financial firm has moved into the Indian market through a JV with a local financial company. With the deal, NH Capital expects to get access to the cooperative`s membership of some 36,000 entities.

[Korean defense firms to target Indian market at DEFEXPO 2020]

Top Korean defense firms had briefed that it will join "DEFEXPO INDIA 2020" next month to attract buyers in India, the world`s second-largest market for the defense industry. Hanwha Defense, Korea Aerospace Industries Ltd. (KAI), and LIG Nex1, along with seven more companies, are participating in Asia`s biggest defense industry expo scheduled to be held in Uttar Pradesh, India, from Feb. 5 to 8 At the exhibition, Hanwha Defense is aiming to win about 3 trillion won ($2.5 billion) worth of deals for orders of Hybrid Biho-branded weapons from the Indian government. It is a self-propelled anti-aircraft weapon that can effectively shoot down helicopters and small planes like drones flying at a low altitude. Hanwha joined with LIG Nex1 to develop the weapon.

Malawi
(Source : High Commission of India, Lilongwe)

Pharmaceuticals form the core imports from India to Malawi. Malawi as of 2018 imported 60.9% of its pharmaceuticals from India compared to the previous year’s 61%. Other products include printed books, articles of iron and steel, plastic and articles thereof and electrical machinery.

TENDER INFORMATION

Ethiopia Ethiopia
(EEPC Ref. No. DB-2418)
Project                 

Ethiopia Trade Logistics Project
Credit No. : IDA-59950
Project ID No. : P156590                 

DB Ref. No.  WB-P500874-03/20 
Issued by 

Ethiopian Maritime Affairs Authority (EMAA)
Trade Logistics Project Implementation Office
Kirkos Sub city
150 meters from St Stephen Church towards Bambis Market
Ziquala Building, 4th Floor,  ETLP/PIU Meeting Hall
P. O. Box : 1861, Addis Ababa, Ethiopia
Attn: Ato Asrat Beyene, Procurement Specialist
Tel. : +251 11 5503877/+251913138155
Fax: +251 11 5503960
E-mail : asratbyn@yahoo.com
cc:  etlp.emaa@gmail.com 

Bid No.  ET-EMAA-143114-GO-RFB 
For 

Procurement of RTG, RMG, Fire fighting Trucks and Terminal Chassis :
- Lot  1 : Rubber Tired Gantry Cranes (RTGCs); Quantity : 3 Pcs.
- Lot  2 : Rail Mount Gantry Cranes (RMGCs) ; Quantity : 2 Pcs.
- Lot  3 : Fire Fighting Trucks; Quantity : 2 Pcs.
- Lot  4 : Terminal chassis; Quantity : 20 Pcs. 

Tender cost  Non-refundable fee of Ethiopian Birr 300 or the equivalent amount in a freely convertible currency.
The method of payment will be Cash or cashier`s cheque payable to the Ethiopian Maritime Affairs
Authority – Ethiopia Trade logistics project or direct deposit to Ethiopian National Bank A/C No.
0100721040019-ETB or 0100721300009-US$. 
Bid Security  Bid Security of US$ 75,000.00 for Lot 1, US$ 50,000.00 for Lot 2, US$ 10,000.00 for Lot 3, and
US$ 10,000.00 for Lot 4 , or the respective equivalent amounts in a freely convertible currency. 
Bid deadline  14.04.2020 
Uzbekistan Uzbekistan
(EEPC Ref. No. DB-2419)
Project            

Medium-Size Cities Integrated Urban Development Project
Loan No. : IBRD-89140
Project ID No. : P162929               

DB Ref. No.  WB-P501888-03/20 
Issued by 

Project Implementation Unit under Ministry of investments and foreign trade of the Republic of Uzbekistan
34, T.Shevchenko Street
Floor/Room : 2, PIU office
Tashkent city
ZIP Code : 100060
Republic of Uzbekistan
Attn. : Mr. Gofur Atahanov, Director of PIU MSCIUDP
Tel. : +99871 252 42 20
E-mail : mscuzb@gmail.com 

Bid No.  MSC/UZB-G/2.1 
For 

Procurement of Special equipment for khokimiyats of Chartak, Kagan and Yangiyul cities :

Lot 1 :
- Telescopic aerial platform lifting height 22 m
- Truck crane 25 tonn
- Truck crane 16 tonn
- Crane-manipulator 3 tonn
- Crane-manipulator 10 tonn

Lot 2 :
- Lorry with tent with capacity 4 tn
- Dumptruck 4 tn
- Dumptruck 10 tn

Lot 3 :
- Garbage truck 5m3
- Garbage truck 7m3
- Emergency Water Supply System Car
- Drinking Water Truck 7,5 tn
- Road Cleaning Truck 7,4 tn
- Sewage Vacuum Truck 4 tn
- Sewage Vacuum Truck 12 tn
- Sewage Cleaning Vehicle 10 tn

Lot 4 :
- Wheel excavator with interchangeable buckets with a capacity of 0.3-0.5 m3 and a hydraulic hammer
- Wheeled excavator-loader with a bucket capacity of 1.0 m3.

Lot 5 :
- Tree spade truck
- Semi-truck vehicle (5 seats)
- Mini garbage disposal machine (2t)
- Mini paving machine
- Mini road roller (roller width up to 1.5 m)
- Mini tractor with cultivator 

Tender cost 

Nonrefundable fee of 100 (one hundred) US Dollars or an equivalent amount in the soums of the Republic of
Uzbekistan at the rate of the Central Bank of the Republic of Uzbekistan on the date of payment. The method
of payment will be Bank transfer to the stipulated below account. The document will be sent by e-mail.

Tashkent city branch
«INVEST FINANCE BANK» (InFinBank)
Taxpayer ID number : 306803546, SWIFT: INFBUZ2X, Bank code : 01041
For remittance in Uzbek Soums : 2021 0000 3051 3627 6003
For remittance in US dollars : 2021 0840 4051 3627 6003 

Bid Security 

- Lot 1 : 15 900 US Dollars or an equivalent amount in another freely convertible currency;
- Lot 2 : 4, 900 US Dollars or an equivalent amount in another freely convertible currency;
- Lot 3 : 15, 700 US Dollars or an equivalent amount in another freely convertible currency;
- Lot 4 : 10, 000 US Dollars or an equivalent amount in another freely convertible currency;
- Lot 5 : 4, 900 US Dollars or an equivalent amount in another freely convertible currency.

Bid deadline  15.04.2020 
Source  UN Development Business Website 
Kuwait Kuwait
(EEPC Ref. No. MEED-2873)
Tender No.             RFQ/1030637              
Tender for  LPG train parts 
Tender details  Supply of spare parts for liquefied petroleum gas (LPG) train no. 4 at Mina al-Ahmadi (MAA). 
Bid bond  KD 1,000 
Closing date  26.03.2020 
Issued by 

Kuwait National Petroleum Company
P. O. Box 70
Ahmadi 13001, Kuwait
Tel. : (965) 23887794/23887792/23207793
E-mail : cwphelp@knpc.com.kw
Website : http://esourcing.knpc.com 

Kuwait Kuwait
(EEPC Ref. No. MEED-2874)
Tender No.                 MEW/12/2019/2020               
Tender for  Transformers 
Tender details  Supply and installation of 132kV transformers in the Shuwaikh power and water desalination plant. 
Bid bond  KD 3,500 
Cost of tender documents  KD 150 
Closing date  12.04.2020 
Issued by 

Central Tenders Committee
Electricity & Water Ministry
P. O. Box 1070
Safat 13011, Kuwait
Tel. : (965) 2401200
Fax : (965) 2416574
E-mail : info@ctc.gov.kw
Website : www.ctc.gov.kw;
www.capt.gov.kw 

Kuwait Kuwait
(EEPC Ref. No. MEED-2875)
Tender No.                MEW/90/2018/2019               
Tender for  Air-conditioning 
Tender details  Supply and installation of new air-conditioning units and replacement of old units for certain
sites of the water operation and maintenance sector. 
Bid bond  KD 3,500 
Cost of tender documents  KD 150 
Closing date  12.04.2020 
Issued by 

Central Tenders Committee
Electricity & Water Ministry
P. O. Box 1070
Safat 13011, Kuwait
Tel. : (965) 2401200
Fax : (965) 2416574
E-mail : info@ctc.gov.kw
Website : www.ctc.gov.kw;
www.capt.gov.kw 

Kuwait Kuwait
(EEPC Ref. No. MEED-2876)
Tender No.                    MI/310/2019/2020              
Tender for  Cooling units 
Tender details  Supply and installation of central cooling units with pumps, air handling units and
server rooms at an information complex. 
Bid bond  KD 23,000 
Cost of tender documents  KD 1,000 
Closing date  19.05.2020 
Issued by 

Central Tenders Committee
Information Ministry
P. O. Box 1070
Safat 13011, Kuwait
Tel. : (965) 2401200
Fax : (965) 2416574
E-mail : info@ctc.gov.kw
Website : www.ctc.gov.kw;
www.capt.gov.kw 

United Arab Emirates United Arab Emirates
(EEPC Ref. No. MEED-2877)
Tender No.                RFX-2132000033              
Tender for  MBR solar park pumping station 
Tender details  Construction of an MBR solar park pumping station with reservoir at phase 1 and 3-migd pumping station at phase 2. 
Bid bond  5 per cent of tender price 
Cost of tender documents  AED 2,100 
Closing date  09.04.2020 
Issued by 

Dubai Electricity & Water Authority
Office of the Contracts Manager
Zabeel East, P. O. Box 564
Dubai, UAE
Tel. : (9714) 3244444
Fax : (9714) 3248111
E-mail : contracts@dewa.gov.ae
Website : www.dewa.gov.ae;
https://srm.dewa.gov.ae 

United Arab Emirates United Arab Emirates
(EEPC Ref. No. MEED-2878)
Tender No.             RFX-2122000053              
Tender for  Diesel generator maintenance 
Tender details  Annual maintenance of diesel generators. 
Bid bond  5 per cent of tender price 
Cost of tender documents  AED 210 
Closing date  02.04.2020 
Issued by 

Dubai Electricity & Water Authority
Office of the Contracts Manager
Zabeel East, P. O. Box 564
Dubai, UAE
Tel. : (9714) 3244444
Fax : (9714) 3248111
E-mail : contracts@dewa.gov.ae
Website : www.dewa.gov.ae;
https://srm.dewa.gov.ae 

United Arab Emirates United Arab Emirates
(EEPC Ref. No. MEED-2879)
Tender No.               RFX-2131900104              
Tender for  AC system 
Tender details  Supply, installation, testing and commissioning of an AC system at central stores in Warsan. 
Bid bond  5 per cent of tender price 
Cost of tender documents  AED 210 
Closing date  13.04.2020 
Issued by 

Dubai Electricity & Water Authority
Office of the Contracts Manager
Zabeel East, P. O. Box 564
Dubai, UAE
Tel. : (9714) 3244444
Fax : (9714) 3248111
E-mail : contracts@dewa.gov.ae
Website : www.dewa.gov.ae;
https://srm.dewa.gov.ae 

Source  MEED.com website 

TRADE ENQUIRIES

Japan

(Source : Embassy of India, Tokyo)

This is regarding disruption in global supply chain due to COVID-19 and opportunities for Indian exporters.

In this regard we have received list of companies from The Embassy of India, Tokyo for the following products:

HS Code 8507

Electric Accumulators, Incl. Separators Therefor, Whether Or Not Square Rectangular; Parts Thereof

(Please click here for a list of Companies)

HS code 8444

Textile and fabric conditioning, winding, folding and cutting machinery
(
Please click here for a list of Companies)

HS Code 9607

Slide Fasteners and Parts Thereof
(Please click here for a list of Companies)

HS code 8404

Boiler accessories, etc.
(
Please click here for a list of Companies)

HS code 7304

Pipe, Tube and Hose fittings, wrought iron or steel
(Please click here for a list of Companies)

HS code 7227

Bars, steel and rolled steel
(Please click here for a list of Companies)

HS Code 8714

(Parts and Accessories for Motorcycles and Bicycles and For Carriages for Disabled Person, N.E.S.)
[Please click here for a list of Companies]

In case you are interested kindly let us know and your reply in this regard may kindly send to eepcho@eepcindia.net. Please also let us know in case you are interested to connect with the companies over VC.

You may also contact Mr. Abhishek Bahuguna, ASO, E&C Wing, Embassy of India, Tokyo, (Email: attachecom.tokyo@mea.gov.in.) for any further details in this regard.

Domestic Information

PUBLIC NOTICE

Dated 2 March, 2020

Trade Notice No. 52/2019-20



The Directorate General of Foreign Trade, Ministry of Commerce and Industry, Department of Commerce, Government of India, New Delhi has issued a Trade Notice No. 52/2019-20, dated 2nd March, 2020 regarding Steps taken by CBIC to facilitate clearances in view of situation arising due to Corona Virus. The above Trade Notice has already been hosted in our Website (http://www.eepcindia.org/download/200303112610.pdf) for information of our Members.
Dated 9 March, 2020

Notification No. 21/2020-Customs (N.T.)



Ministry of Finance, Department of Revenue, Central Board of Indirect Taxes and Customs, Government of India, New Delhi has issued a Notification No. 21/2020-Customs (N.T.), dated 9th March, 2020 regarding Exchange Rates Notification No.21/2020-Customs (NT) dated 09.03.2020. The above Customs Notification has already been hosted in our Website (http://www.eepcindia.org/download/200310145034.pdf) for information of our Members.
Dated 25 February, 2020

DGFT Notification No. 48/2015-2020



The Directorate General of Foreign Trade, Ministry of Commerce and Industry, Department of Commerce, Government of India, New Delhi has issued a Notification No. 48/2015-2020 dated 25th February, 2020 regarding Amendment in Export Policy of Personal Protection Equipments/Masks. The above Notification has already been hosted in our Website (http://www.eepcindia.org/download/200228115324.pdf) for information of our Members.
Dated 26 February, 2020

Policy Circular No. 31/2015-20



The Directorate General of Foreign Trade, Ministry of Commerce and Industry, Department of Commerce, Government of India, New Delhi has issued Policy Circular No. 31/2015-20, dated 26th February, 2020 regarding Relief in Average Export Obligation in terms of Para 5.19 of Hand Book of Procedures of Foreign Trade Policy, 2015-20. The above Policy Circular has already been hosted in our Website (http://www.eepcindia.org/download/200228115418.pdf) for information of our Members.
Dated 2 March, 2020

Trade Notice No. 53/2019-2020



The Directorate General of Foreign Trade, Ministry of Commerce and Industry, Department of Commerce, Government of India, New Delhi has issued a Trade Notice No. 53/2019-2020, dated 2nd March, 2020 regarding Online filling and Issuance of Preferential Certificate of Origin under India Korea Comprehensive Economic Partnership Agreement (IKCEPA) for India`s Exports to Republic of Korea w.e.f. 06th March 2020. The above Trade Notice has already been hosted in our Website (http://www.eepcindia.org/download/200303112701.pdf) for information of our Members.
Dated 5 March, 2020

Notification No. 20/2020-Customs (N.T.)



Ministry of Finance, Department of Revenue, Central Board of Indirect Taxes and Customs, Government of India, New Delhi has issued a Notification No. 20/2020-Customs (N.T.), dated 5th March, 2020 regarding Exchange Rates Notification No.20/2020-Custom (NT) dated 05.03.2020. The above Customs Notification has already been hosted in our Website (http://www.eepcindia.org/download/200310145520.pdf) for information of our Members.

STEEL PRICES

Steel Market Current Report

Mandi Gobindgarh
Open Market Rates of Rerollables (March 7, 2020)

(Exclusive of GST) (Trade Terms 1% Cash Discount) (Rate Rs. per Tonne)
Ingot
Arc/Ind. Furnace
Round quality (21x25) 31,200
Structural quality (28x30) 31,200
Low carbon (12x16) -
Semi low carbon (18x21) 31,150
5x6 Girder quality (25x30) -
Runners/Risers 31,300
Bones/Clean -
Billets & Squares  
50x50x63x63x65x65 mm MS -
75x75x80x80x90x90 mm MS 31,400
100x100 mm MS2 31,400
125x125 mm MS/ Concast -
100x100 mm Concast-Billets 31,500
100x100 Concast-SAIL DSP 31,500
H.C. Billet SAIL 150x150 mm) -
H.C. Billet-Tisco 75x75 mm) -
Blooms  
Above 251 mm Bloom (HC) 28,000
Above 251 mm Bloom (MS) 28,000
(DSP) Bloom 160x250 mm 28,000
130/135/140 mm (Tisco) MS -
150x150 mm Concast (DSP) 31,000
150x150 mm MS (SAIL) 31,000
Bloom Cut into pcs. (MS) 32,000
Bloom Cut into pcs. (Medium) 31,200
Bloom Cut into (Patra Pass) 31,200

Slabs  
Durgapur Slabs 14"x3" -
Durgapur Slabs -
Bokaro Slab Heavy -
Tata Concast Slab (Heavy) -
Skelp Tisco -
Rails  
Untested Rail - 75 lbs. 25,900
Untested Rail - 90 lbs. 25,900
Untested Rail - 105 lbs. 25,800
Rej. Wheel (Small) 25,800
Cut Tyre (Big) 32,700
Cut Tyre (Small) 26,700
Melting Scrap (F.O.R.)  
Fresh Scrap (Rolling Mill End)  25,700
Old Scrap (Godown) 21,800
Turning 20,900
Tin Tapper 23,300
Mill Scale 18,100
Sponge Iron 21,300
Pig Iron (F.O.R.)  
Foundry Grade 30,500
Steel Grade 23,200
C.I. Turning 16,100
Degi Scrap 23,600
Deg Casting 36,100
Ingot Moulds (Old) 22,700
Ingot Moulds (New) 34,800
Cut Ingot Moulds 21,600
Open Market Rates of Finished Goods (March 7, 2020)
(Inclusive of GST)
       (Rate per Qntl.)       

M. S. Rounds 4 mm 5 mm 6 mm 8 mm 10 mm 12 mm 16/20 mm 22/25 mm
Mild 4260 4280 4280 4290 4250 4350 4430 4290
Zindi Pass (Drawing) - - - 4280 4350 4350 4450 4450

                  Above rates of 6 mm rounds are of length up to 14’ Above 18’ = 4320

Heavy Rounds 28 to 53 mm 63 to 100 mm 110 to 125 mm 140 to 150 mm 165 mm 180 mm 200 mm
Mild    4410 4410  4430     4430 4440 4450 4330
M. S. Squares 4 mm 5 mm 6 mm 8 mm 10 mm 12 mm 16/20 mm 22/25 mm
Mild 4480
4480
4450
4510
4510
4510
4450
4440
M. S. Angles 20 mm 25 mm 32 mm 40 mm 50 mm 65 mm 75 mm 100 mm 110 mm 150 mm 200  mm
3 mm 4300 4260 4310 4380 4380 4450 - - - - -
5 mm 4150 4260 4380 4380 4450 4480
4380 - - -
6 mm 4340 4340 4380 4380 4450 4480 4470 - - -
8 mm - - 4350 4450 4450 4470 4470 - - -
10 mm - - 4350 4450 4450 4470 4530 4470 - -
12 mm - - 4350 4450 4130 4450 4460 - 4550

-

16 mm - - 4350 4450 4460 4450 4530 - - -
M. S. Flats 20 mm 25 mm 32 mm 40 mm 50 mm 65 mm 75 mm 100 mm
3 mm 4260 4250 4260 4290 4390 4350 - -
5 mm 4260 4250 4260 4260 4490 4550 4490 4490
6 mm 4290 4320 4260 4260 4410 4540 4490 4490
8 mm 4140 4260 4360 4500 4470 4490
10 mm - - 4130 4260 4360 4500 4470 4470
12/25 mm - - 4130 4260 4360 4500 4470 4470
18/19 Gauge 4110 4190 4340 4260
4360 4470 4470 4470

[Prices at other stockyards may vary]                                          Source : Steel Town (Weekly), March 7, 2020]

EEPC INDIA OFFICE BEARERS

CHAIRMAN SR. VICE CHAIRMAN  VICE CHAIRMAN

Ravi Sehgal 
Tel.: 91-33-2287-2256/8229/2290 
Fax : 91-33-2287-9938
E-mail : ravisehgal5@gmail.com

 

 

Mahesh K Desai
Tel.: 91-40-27617098/5131 (O)
91-40-27765793 (R)
Fax : 91-40-27614376
E-mail : desai.mahesh64@gmail.com
              hyd1_meera@bsnl.in

 

Arun Kumar Garodia
Tel.: 91-33-40052700
Fax : 91-33-40052800
E-mail : corona@coronaind.com
              arun@coronaind.com

 

REGIONAL CHAIRMEN / CHAIRPERSON

EASTERN REGION

B. D. Agarwal
Tel. : 91-33-22487249
Fax : 91-33-22481879
E-mail : bdacec@gmail.com

NORTHERN REGION
Kamna Raj Aggarwalla
Tel.: 91-181-2642001/02/03/04
Fax : 91-181-2642005
E-mail :         kamna.aggarwalla@gmail.com                          
SOUTHERN REGION

K. S. Mani 
Tel. : (91 491) 253-5669/9870
E-mail : atlasmachinetools1978@gmail.com

WESTERN REGION

Krishanlal Dhingra
Telefax : 91-22-2651-0038/2655-6955
E-mail : kldhingra@gmail.com

EEPC INDIA OFFICES

H.O. (Cell) REGISTERED & HEAD OFFICE

Suranjan Gupta 
Executive Director
EEPC INDIA
Vandhna (4th Floor)
11 Tolstoy Marg 
New Delhi 110 001
Tel.: 91-11-23353353, 23711124/25
Fax : 91-11-23310920
E-mail : eepcto@eepcindia.net
URL : www.eepcindia.org

Adhip Mitra
Addl. Executive Director & Secretary
EEPC INDIA
Vanijya Bhavan (1st Floor)
International Trade Facilitation Centre
1/1 Wood Street, Kolkata 700 016
Tel.: 91-33-22890651/52/53
Fax : 91-33-22890654
E-mail : eepcho@eepcindia.net
URL : www.eepcindia.org

REGIONAL OFFICES

EASTERN REGION
Anima Pandey
Regional Director & Director (Membership)
EEPC INDIA
Vanijya Bhavan (2nd Floor)
International Trade Facilitation Centre
1/1, Wood Street
Kolkata 700 016
Tel.: 91-33-22890673/74
Fax : 91-33-22890687
E-mail : eepcrokol@eepcindia.net
NORTHERN REGION
Rakesh Suraj
Regional Director
EEPC INDIA
Flat No.10
P, Q, N, 10th Floor
DCM Building
16 Barakhamba Road
New Delhi - 110 001
Tel.: 91-11-23314171/74
Fax : 91-11-23317795
E-mail : eepcrodel@eepcindia.net
SOUTHERN REGION
C. H. Nadiger
Regional Director
EEPC INDIA
Greams Dugar (3rd Floor)
149 Greams Road
Chennai 600 006
Tel.: 91-44-28295501, 28295502
Fax : 91-44-28290495
E-mail : eepcrochen@eepcindia.net
WESTERN REGION
Rajat Srivastava
Regional Director & Director (Marketing & Sales)
EEPC INDIA
B-202 & 220, Aurus Chambers
Annex "B", 2nd Floor Behind Mahindra Tower
S.S. Amrutwar Marg
Worli, Mumbai 400 013
Tel.: 91-22-4212 5555
Fax : 91-22-2495 5486
E-mail : eepcromum@eepcindia.net

SUB-REGIONAL OFFICE

AHMEDABAD
Sudhakaran C. K. Nair
Deputy Director
EEPC INDIA
TF-313/A(3rd Floor)
ATMA House, Ashram Road
Ahmedabad 380 009
Tel.: 91-79-26588720
E-mail : eepcsroahd@eepcindia.net
BANGALORE
J. V. Raja Gopal Rao
Sr. Deputy Director
EEPC INDIA
Embassy Square, 103, First Floor
No.148, Infantry Road
Bengaluru - 560 001
Tel.: 91-80-22261396/22268669
Fax : 91-80-22266914
E-mail : eepcsroblr@eepcindia.net
HYDERABAD
V. C. Ravish
Sr. Executive Officer
EEPC INDIA
`Soham Mansion` (1st Floor)
No. 5-4-187/3 & 4/4, M.G Road
Secunderabad 500 003
Tel.: 91-40-27536704
Fax : 91-40-27536705
E-mail : eepcsrohyd@eepcindia.net
JALANDHAR
Pranab Kumar Singh
Assistant Director

EEPC INDIA
Plot Comm. 1, Focal Point
Jalandhar 144 012
Tel.: 91-181-2602264
Fax : 91-181-2601124
E-mail : eepcsrojld@eepcindia.net

CIN : U51900WB1955NPL022644