engineering export bulletin engineering the future

    ENGINEERING EXPORT INFO-BULLETIN | VOL. 22 | ISSUE NO. 16 | AUGUST 10, 2020

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    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. 23/2015-2020 - Amendment in Export Policy of Ventilators.
    • Notification No. 67/2020-Customs (N.T.) - Notification 67/2020-Cus. (N.T.) dated 04.08.2020 on the subject Amendment to Notification No. 12/97-Customs(N.T.) dated 02.04.1997.
    • Notification No. 69/2020 - Customs (N.T.) - Exchange Rates Notification No.69/2020-Custom (NT) dated 06.08.2020.
    • Notification No. 70/2020-Customs (N.T.) - Tariff Notification in respect of Fixation of Tariff Value of Edible Oils, Brass Scrap, Poppy Seeds, Areca Nut, Gold and Silver - Reg.
    • DOR. No.BP.BC/4/21.04.048/2020-21 - Micro, Small and Medium Enterprises (MSME) sector – Restructuring of Advances.
    chairman

    My dear fellow exporters,

    With the COVID 19 pandemic looming large, a quick revival of the global trade and economy remains bleak in the coming months of 2020-21. While engineering exports increased slightly in the last two months, the exporting community remains mostly skeptical regarding trade bouncing back to the pre-COVID scenario any time soon. The skepticism clearly emanates from the uncertain future regarding the pandemic. Closure of manufacturing activities and disruption of global supply chains due to the pandemic have affected business. Unavailability of adequate support services and other logistic related issues only added to the exporters’ woes as they struggled to meet up with the existing order. At the same time increasing raw material prices have rendered them uncompetitive to other exporting countries such as China.

    In such a scenario, EEPC India has urged the government to bring stable policies in terms of export promotion such as reinstatement of the MEIS benefits until the implementation of RODTEP. Such steps will go a long way in making exporters price competitive. Additionally quicker disbursal of GST and DBK reimbursement would also ease the financial load on the exporters to a certain extent. Another important point that needs to be looked at is stabilizing India’s position with respect to its FTA partners. The exporting community feels that the government needs to revisit the FTAs especially those with ASEAN countries to identify areas where those countries are at a greater advantage than India. Such steps may go a long way in bolstering India’s position in global exports in the near future.

     

    Mahesh Desai 

    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

    Egypt
    (Source : Embassy of India, Cairo)

    Potential products of Imports from India 

    Automobile and auto components (8708) - Egypt is strategically located close to many developing countries with open markets for car imports. The Egyptian automotive Market Volume in 2018 reached 19,804 vehicles (15088 are passenger cars, 1586 buses and 3130 trucks) compared to 14,673 vehicles in 2017 (with increase of 35.6 %).

    All auto majors like GM, Toyota, BMW, and Hyundai have presence in Egypt. Our exports of automobiles during 2018-19 were USD 136.2 million and auto components were USD 77.5 million in the same period (Total 213.4 Million USD).

    Following the implementation of zero tariffs for automobile imports from EU to Egypt early this year, as per provisions of Egyptian – European Partnership Agreement, there were some concerns among local auto component manufacturers on likely adverse impact on them. However, the Egyptian Government has recently come up with customs incentive scheme to protect local manufacturing while at the same time keeping the doors open for imports.

    Bajaj has a partnership with Ghabbour of Egypt for CKD assembly of two and three wheelers for Egyptian markets. TVS and Mahindra also have presence in the market.

    IT and IT enabled services (Information technology Items: (85) - Egypt has a significant ICT and business processes outsourcing industry in place serving international customers. Given the huge population, rising economy and relatively low PC penetration, the country will continue to be an important market in the coming years. Egypt also offers easy access to markets in Middle East and Europe. More than 27.37 million Egyptians regularly surf the internet — more than the population of many European countries from which over 4.20 million subscribers has ADSL line.

    Project exports in railways, construction, renewable energy, infrastructure etc.(Railway Items: 86) (Electrical Machinery: 85) - Egypt has announced various mega projects which have created opportunities for the project exports by the Indian companies. Some of the major projects are: Suez Canal Economic Zone, High Speed Trains and new Metro lines, Housing units’ project, 1.5 million feddan (acre) land reclamation project, Renewable Energy projects and new Administrative Capital.

    Online India Business Forum (IBF) meeting was held on 15 April with participation of 23 members of the Indian business community in Egypt. Eng. Tarek Tawfik, Deputy Chairman Federation of Egyptian Industries, spoke on the measures taken by the Egyptian government to support the Egyptian industry during the COVID-19 pandemic. H.E. Mr. Rahul Kulshreshth, Ambassador of India, raised the Indian efforts to confront COVID-19 pandemic.

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

    Significant trends in trade and investment

    Trade - During January-June 2020, Republic of Korea’s exports inched down -11.3 percent to USD $240.64 billion. Imports also inched down -9.0 percent to $229.85 billion. The trade surplus stood at $10.80 billion. In June 2020, South Korea’s export recorded $39.23 billion with -10.9 percent decrease and import stood at $35.60 billion with -11.2 percent decrease. South Korea recorded trade surplus of 3.63 billion alone in June 2020.

    Analysis - Although exports in June decreased year-on-year due to the continued impact of the coronavirus, major indicators have improved. The trade balance also remained positive for the second consecutive month, reaching a level similar to the previous year’s average ($3.2 billion). The export volume, which had shown a sharp drop in April and May, also recovered to a level similar to that of the previous year.

    Investment - Total investment made by Korea to India amounted to $251 million during January-March 2020. Majority of the investment came from real-estate activities, followed by Electricity, gas, steam and air conditioning supply. Cumulative investment since 1980 stands at $6.67 billion.

    [Samsung Display invests $700 million to build smartphone panel facility in India]  

    Samsung is planning to build a display plant in Uttar Pradesh by investing $705 million. Samsung Display`s Indian plant is expected to create about 1,300 jobs as it plans to operate in 2021. Previously, Samsung Electronics invested $700 million (about 800 billion won) to complete a Smartphone plant in Noida, India, in July 2018. It is the largest single plant of Samsung Electronics` mobile phones. In the following year, Samsung`s smartphone parts affiliate also established a corporation in India. Samsung Electronics plans to increase production capacity of Noida plant from 68 million units a year to 120 million units a year within this year.

    New Zealand
    (Source : High Commission of India, Wellington)

    Minister of Trade and Export Growth David Parker spoke about the significance of keeping the supply chains open for trade of essential items with countries including India during the pandemic. While speaking to Indian Weekender on 3 June, he also spoke about his trade delegation to India this year from 24-28 February 2020. He said that NZ’s technology and products (particularly in dairy and meat) can increase bilateral trade without damaging the local producers of India. Parker also appreciated that India was quick to respond to their medicinal demand during the pandemic and indicated that post COVID-19, this could enhance bilateral trade. He stated that more funding has been given to New Zealand Trade and Enterprise (NZTE) which will enable them to grow internationally.

    Award of $ 20 mn contract to HCL: Fonterra, NZ’s largest dairy cooperative, awarded a $ 20 million an year IT contract to Indian IT major HCL, which won a close race with another Indian company TCS. In view of the poor economic condition because of COVID-19, many were expecting the contract to be awarded to a domestic company. 

    India New Zealand Business Council (INZBC) hosted India – NZ trade response webinars: INZBC, in association with FICCI hosted its third webinar on NZ – India trade relation series on 11 June 2020, which focused on the impact of COVID-19 on the Education Industry. Panel of speakers included Clare Bradley, Chief Executive of Aspire2, John Laxon, Regional Director – Asia in Education NZ, Lester Khoo, Group Director at Auckland University of Technology, Dr. Anju Kacker Executive Director and President of Aptech, Gaurav Vats from FICCI and Bharat Chawla, board member of INZBC, who hosted the event. On 25 June, INZBC in association with the High Commission of India and PHD Chamber of Commerce organised fourth and last edition of a series of webinars on post-Covid-19 economic recovery. The webinar provided guidelines for post-COVID-19 world trade and import-export regulations. The panel of speakers included Mr Ajay Poddar, Chairman, East Asia and Oceania, PHDCCI, Mr Vikram Cera, Co-Chairman, International affairs Committee for Europe and CIS, PHDCCI, and Ms Mel Poulton NZ’s special agricultural trade envoy.

    Thailand
    (Source : Embassy of India, Bangkok)

    Webinar on Business and Investment opportunities in Uttar Pradesh
    14.07.2020

    A Webinar was held on Business and Investment opportunities in Uttar Pradesh on 30 June 2020. As a follow up action a Webinar was held on 14 July, 2020 between concerned officers from Government of UP and the representatives from Big C Supercenter PCL, Thailand. During the interaction and discussion Big C Supercenter PCL, Thailand shown interest in importing  agriculture/ horticulture products from India.

    Google to Invest $10 Billion in India

    Tech giant looks to tighten its ties to one of the last great untapped digital markets
    Bangkok Post 15.07.2020

    Google is planning to invest $10 billion in India as part of plans to make theinternet "affordable and useful" for a billion people. CEO Sundar Pichai  announced  the investment via livestream on Monday at the annual Google for India event. "This is a reflection of our confidence in the future of India and its digital economy," he said in a statement. "India`s own digital journey is far from complete. There`s still more work to do in order to make the internet affordable and useful for a billion Indians ... from improving voice input and computing for all of India`s languages, to inspiring and supporting a whole new generation of entrepreneurs," he added. The Google for India Digitization Fund will pour money into India`s tech sector over the next five to seven years through a mixture of equity investments, partnerships, and spending on infrastructure.  The investment will focus on enabling affordable access and information for every Indian in their own language, building new products and services relevant to India`s unique needs, helping businesses with digital transformation and leveraging technology and artificial intelligence for social good, in areas like health, education, and agriculture. "As we make these investments we look forward to working alongside Prime Minister [Narendra] Modi and the Indian government, as well as Indian businesses of all sizes to realize a shared vision for a Digital India," Pichai, who was born in India, said. "Our goal is to ensure that India not only benefits from the next wave of innovation but leads it."

    Infosys Named as Global Service Provider Partner of the Year by ServiceNow
    Newswit 22.07.2020

    Infosys (NYSE: INFY), a global leader in next-generation digital services and consulting, has been awarded the 2020 ServiceNow Global Service Provider Partner of the Year for achieving overall excellence in delivery and ServiceNow pipeline growth. The ServiceNow Global Alliances and Channel Ecosystem acknowledged the achievements of its best-in-class partners by evaluating a combination of attributes such as revenue contribution, product line expansion, skill growth, and business transformation. Infosys offers a suite of offerings for IT Service Management (ITSM) and Enterprise Service Management to automate, modernize and transform enterprises` service management landscape. Equipped with an automated knowledge base, CXO dashboards, and innovative real-time service management capabilities, Infosys` ServiceNow offerings improve user experience and minimize platform customizations to deliver greater value to its customers.

    DOC interaction with Mission
    22.07.2020

    JS(FT/ASEAN), Department  of Commerce interacted through Video Conference with the Mission officers on 22 July, 2020 and discussed about the functioning of the Commercial Division of the Mission and various issues related to India and Thailand including focused areas of Trade/Investment, technology & tourism.

    TENDER INFORMATION

    Nepal Nepal
    (EEPC Ref. No. DB-2432)
    Project              

    Electricity Grid Modernization Project
    Loan No. : 54107-NEP
    Financing from ADB              

    DB Ref. No.  ADB-P543000-08/20 
    Issued by 

    Dandakhet Rahughat 132 KV Transmission Line Project
    Project Management Directorate
    Kharipati, NEA Training Centre
    Bhaktapur, Nepal
    Tel. : +977-9857684903
    E-mail : roshan_agr@nea.org.np 

    Bid No.  PMD/EGMP/DRTLS-077/78-01 
    For  Design, Supply, Installation, Testing and Commissioning of Dandakhet - Rahughat 132 kV Transmission Line
    and associated Substations at Rahughat and Dandakhet.
     
    Tender cost  Non-refundable fee of NRs. 20,000.00 or an equivalent amount in US$ by bank voucher to the Account No.
    00101500014600000104 (NEA-PROJECT MANAGEMENT DIRECTORATE) at the NMB Bank Limited, Babarmahal,
    Kathmandu, Nepal.
     
    Bid deadline  12.10.2020 
    Nepal Nepal
    (EEPC Ref. No. DB-2433)
    Project             

    Electricity Grid Modernization Project
    Loan No. : 54107-NEP
    Financing from ADB             

    DB Ref. No.  ADB-P542999-08/20 
    Issued by 

    Keraun 132/33kV Substation Project
    Project Management Directorate
    Kharipati, NEA Training Centre
    Bhaktapur, Nepal
    Tel. : +977-1-6617183
    E-mail : keraun132kv@nea.org.np 

    Bid No.  PMD/EGMP/KRON- 077/78-01 
    For  Design, Supply, Installation and Commissioning of 132/33 kV Air insulated Substations (AIS) at Keraun, 
    Morang Dist. with associated 33kV Subtransmission Lines.  
    Tender cost  Non-refundable fee of NRs. 20,000.00 or an equivalent amount in US$ by bank voucher to the Account No.
    00101500014600000104 (NEA-PROJECT MANAGEMENT DIRECTORATE) at the NMB Bank Limited, Babarmahal,
    Kathmandu, Nepal.
    Bid deadline  14.10.2020 
    Source  UN Development Business Website 
    Bahrain Bahrain
    (EEPC Ref. No. MEED-2911)
    Tender No.                RFP/CSD/2020/9 (PT/CSD/MH/2020/083)               
    Tender for  XLPE cable 
    Tender details  Supply of 6.35/11kV, three-core, 61-strand, cross-linked polyethylene (XLPE) underground cable. 
    Bid bond  BD 4,000 
    Cost of tender documents  BD 100 
    Closing date  26.08.2020 
    Issued by 

    Electricity & Water Authority
    Directorate of Central Stores
    P. O. Box 5325
    Sitra, Bahrain
    Tel. : (973) 17995500
    Website : www.tenderboard.gov.bh 

    Bahrain Bahrain
    (EEPC Ref. No. MEED-2912)
    Tender No.                RFP/CSD/2020/23 (PT/CSD/AA/2020/109)             
    Tender for  Batteries 
    Tender details  Supply of 2,600 2V dry-type batteries. 
    Bid bond  BD 500 
    Cost of tender documents  BD 15 
    Closing date  26.08.2020 
    Issued by  Electricity & Water Authority
    Directorate of Central Stores
    P. O. Box 5325
    Sitra, Bahrain
    Tel. : (973) 17995500
    Website : www.tenderboard.gov.bh
     
    Bahrain Bahrain
    (EEPC Ref. No. MEED-2913)
    Tender No.               RFP/CSD/2020/16 (PT/CSD/MA/2020/087)               
    Tender for  Joint kits 
    Tender details  Supply of 11kV pre-mold joint kits. 
    Bid bond  BD 2,500 
    Cost of tender documents  BD 100 
    Closing date  26.08.2020 
    Issued by  Electricity & Water Authority
    Directorate of Central Stores
    P. O. Box 5325
    Sitra, Bahrain
    Tel. : (973) 17995500
    Website : www.tenderboard.gov.bh
     
    Bahrain Bahrain
    (EEPC Ref. No. MEED-2914)
    Tender No.               RFP/INT/CSD/2020/10 (IN/CSD/MA/2020/119)                
    Tender for  Distribution transformers 
    Tender details  Supply of five 11,000/415kV, 50hz, three-phase, oil-immersed distribution transformers.
    Bid bond  BD 500 
    Cost of tender documents  BD 15 
    Closing date  24.08.2020 
    Issued by  Electricity & Water Authority
    Directorate of Central Stores
    P. O. Box 5325
    Sitra, Bahrain
    Tel. : (973) 17995500
    Website : www.tenderboard.gov.bh 
     
    United Arab Emirates United Arab Emirates
    (EEPC Ref. No. MEED-2915)
    Tender No.                  RFX-2052000057              
    Tender for  Gas turbine air intake filters 
    Tender details  Supply of pulse-type, self-cleaning air intake filters for gas turbines at H station in Al-Aweer. 
    Bid bond  AED 110,000 
    Cost of tender documents  AED 210 
    Closing date  03.09.2020 
    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-2916)
    Tender No.              RFX-2052000065              
    Tender for  RO plant cartridge filters 
    Tender details  Supply of cartridge filters for a reverse osmosis (RO) plant at G station in Jebel Ali. 
    Bid bond  AED 95,000 
    Cost of tender documents  AED 210 
    Closing date  14.09.2020 
    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-2917)
    Tender No.              RFX-2122000129              
    Tender for  Pump and valve maintenance 
    Tender details  Annual maintenance of pumps and valves in booster pumping stations and a reservoir complex
    (pumping stations – Najma, phases 1, 2, 3, 4, Jebel Ali Habab, phases 1, 2, 3, Hatta, phases
    1, 2, 3, DIP, phases 1, 2, Emirates, Nad al-Sheeba and Mushrif; reservoirs – Mushrif, Ghaffath,
    Lusaily and Jebel Ali). 
    Bid bond  AED 75,000 
    Cost of tender documents  AED 630 
    Closing date  10.09.2020 
    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 

    Domestic Information

    PUBLIC NOTICE

    Dated 7 August, 2020

    Notification No. 70/2020-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. 70/2020-Customs (N.T.), dated 7th August, 2020 regarding Tariff Notification in respect of Fixation of Tariff Value of Edible Oils, Brass Scrap, Poppy Seeds, Areca Nut, Gold and Silver. The above Customs Notification has already been hosted in our Website (http://www.eepcindia.org/download/200808215656.pdf) for information of our Members.
    Dated 4 August, 2020

    DGFT Notification No. 23/2015-2020



    The Directorate General of Foreign Trade, Ministry of Commerce and Industry, Department of Commerce, Government of India, New Delhi has issued a Notification No. 23/2015-2020 dated 4th August, 2020 regarding Amendment in Export Policy of Ventilators. The above Notification has already been hosted in our Website (http://www.eepcindia.org/download/200807170112.pdf) for information of our Members.
    Dated 4 August, 2020

    Notification No. 67/2020-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. 67/2020-Customs (N.T.), dated 4thAugust, 2020 regarding Notification 67/2020-Cus. (N.T.) dated 04.08.2020 on the subject Amendment to Notification No. 12/97-Customs (N.T.) dated 02.04.1997. The above Customs Notification has already been hosted in our Website (http://www.eepcindia.org/download/200807170236.pdf) for information of our Members.
    Dated 6 August, 2020

    Notification No. 69/2020-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. 69/2020-Customs (N.T.), dated 6thAugust, 2020 regarding Exchange Rates Notification No.69/2020-Custom (NT) dated 06.08.2020. The above Customs Notification has already been hosted in our Website (http://www.eepcindia.org/download/200807170528.pdf) for information of our Members.

    EXPORT FINANCE

    Dated 6 August, 2020

    RBI/2020-21/17
    DOR. No.BP.BC/4/21.04.048/2020-21




    The Reserve Bank of India, Mumbai has issuedDOR. No.BP.BC/4/21.04.048/2020-21, dated 6th August, 2019regardingMicro, Small and Medium Enterprises (MSME) sector – Restructuring of Advances. The above Notification has already been hosted in our Website (http://www.eepcindia.org/download/200807170645.PDF) for information of our Members.

    STEEL PRICES

    Steel Market Current Report

    Mandi Gobindgarh
    Open Market Rates of Rerollables (August 8, 2020)

    (Exclusive of GST) (Trade Terms 1% Cash Discount) (Rate Rs. per Tonne)
    Ingot
    Arc/Ind. Furnace
    Round quality (21x25) 31,700
    Structural quality (28x30) 31,900
    Low carbon (12x16) -
    Semi low carbon (18x21) 31,850
    5x6 Girder quality (25x30) -
    Runners/Risers 31,500
    Bones/Clean -
    Billets & Squares  
    50x50x63x63x65x65 mm MS -
    75x75x80x80x90x90 mm MS 31,900
    100x100 mm MS2 32,000
    125x125 mm MS/ Concast -
    100x100 mm Concast-Billets 32,300
    100x100 Concast-SAIL DSP 32,300
    H.C. Billet SAIL 150x150 mm) -
    H.C. Billet-Tisco 75x75 mm) -
    Blooms  
    Above 251 mm Bloom (HC) 28,900
    Above 251 mm Bloom (MS) 28,900
    (DSP) Bloom 160x250 mm 28,900
    130/135/140 mm (Tisco) MS -
    150x150 mm Concast (DSP) 32,000
    150x150 mm MS (SAIL) 32,000
    Bloom Cut into pcs. (MS) 33,000
    Bloom Cut into pcs. (Medium) 32,200
    Bloom Cut into (Patra Pass) 32,200

    Slabs  
    Durgapur Slabs 14"x3" -
    Durgapur Slabs -
    Bokaro Slab Heavy -
    Tata Concast Slab (Heavy) -
    Skelp Tisco -
    Rails  
    Untested Rail - 75 lbs. 24,100
    Untested Rail - 90 lbs. 24,100
    Untested Rail - 105 lbs. 24,000
    Rej. Wheel (Small) 24,000
    Cut Tyre (Big) 30,900
    Cut Tyre (Small) 24,900
    Melting Scrap (F.O.R.)  
    Fresh Scrap (Rolling Mill End)  24,000
    Old Scrap (Godown) 20,400
    Turning 19,600
    Tin Tapper 21,700
    Mill Scale 16,700
    Sponge Iron 19,900
    Pig Iron (F.O.R.)  
    Foundry Grade 29,300
    Steel Grade 22,100
    C.I. Turning 15,100
    Degi Scrap 22,600
    Deg Casting 35,000
    Ingot Moulds (Old) 21,600
    Ingot Moulds (New) 33,800
    Cut Ingot Moulds 20,500
    Open Market Rates of Finished Goods (August 8, 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 4300 4320 4320 4330 4310 4410 4470 4330
    Zindi Pass (Drawing) - - - 4320 4390 4390 4490 4490

                      Above rates of 6 mm rounds are of length up to 14’ Above 18’ = 4360

    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    4450 4450  4470     4470 4480 4490 4370
    M. S. Squares 4 mm 5 mm 6 mm 8 mm 10 mm 12 mm 16/20 mm 22/25 mm
    Mild 4520
    4520
    4490
    4550
    4550
    4550
    4490
    4480
    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 4340 4300 4350 4420 4420 4490 - - - - -
    5 mm 4190 4300 4420 4420 4490 4520
    4420 - - -
    6 mm 4320 4380 4420 4420 4490 4520 4510 - - -
    8 mm - - 4420 4490 4490 4510 4510 - - -
    10 mm - - 4420 4490 4490 4510 4570 4510 - -
    12 mm - - 4420 4490 4170 4490 4500 - 4590

    -

    16 mm - - 4420 4490 4500 4490 4570 - - -
    M. S. Flats 20 mm 25 mm 32 mm 40 mm 50 mm 65 mm 75 mm 100 mm
    3 mm 4280 4270 4280 4310 4410 4370 - -
    5 mm 4280 4270 4280 4280 4510 4570 4510 4510
    6 mm 4310 4340 4280 4280 4430 4560 4510 4510
    8 mm 4160 4280 4380 4520 4490 4510
    10 mm - - 4150 4280 4380 4510 4490 4490
    12/25 mm - - 4150 4280 4380 4510 4490 4490
    18/19 Gauge 4110 4190 4360 4280
    4380 4490 4490 4490

    [Prices at other stockyards may vary]                                          Source : Steel Town (Weekly), August 8, 2020]

    EEPC INDIA OFFICE BEARERS

    CHAIRMAN SR. VICE CHAIRMAN  VICE CHAIRMAN

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

     

     

     

     

    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