engineering export bulletin engineering the future
  • Smt. Neelu Rohra, Consul (Commerce), Consulate General of India, Dubai, UAE visiting India pavilion at Middle East Energy 2020. Mr. Sanjay Kumar Singh, Executive Officer, EEPC India, Regional Office, New Delhi (behind the Consul) is also seen along with the other dignitaries & exhibitors
  • India pavilion at Middle East Energy 2020 in Dubai, UAE. Mr. Sanjay Kumar Singh, Executive Officer, EEPC India, Regional Office, New Delhi is presenting a memento to Smt. Neelu Rohra, Consul (Commerce), Consulate General of India, Dubai, UAE

ENGINEERING EXPORT INFO-BULLETIN | VOL. 22 | ISSUE NO. 13 | JULY 20, 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

  • Public Notice No. 13/(2015-2020) - Procedure for allocation of Import Authorisation of Power Tillers.
  • DGFT Notification No. 19/2015-2020 - Amendment in Import Policy and Policy Conditions of items under Chapter 84 of ITC(HS), 2017, Schedule-I (Import Policy).
  • Notification No. 57/2020-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.
  • Notification No. 59/2020 - Customs (N.T.) - Exchange Rates Notification No.59/2020-Custom (NT) dated 16.07.2020.
  • Circular No 33/2020-Customs - Amendments to the All Industry Rates of Duty Drawback effective from 15.07.2020.
chairman

My dear fellow exporters,

After a couple of depressing months, economic activities has started restoring albeit with a very cautious approach as the Covid Pandemic is penetrating Indian healthcare system at a faster pace than before. Strategic unlocking nationwide after nearly two months of lockdown has brought little bit of respite for the economy and so is for foreign trade. Export has started picking up slowly and dismal figures of the previous two months are now getting into shape. Merchandise export from India has seen some moderation in the pace of decline during June 2020 and India has managed to get the tag of ‘Net Exporter` after eighteen years. Year-on-year decline in India`s Engineering exports has also dropped to single digit during the same month from over 20 and 60 percent in the previous two months respectively.

However, this improvement does not allow us to take a long breathe as it has not been witnessed across the board. The moderation in the decline of engineering exports was purely led by metal sector, especially Iron and Steel while other key product groups like Products of Iron and Steel, Automobile, Industrial as well as electrical Machinery, Ships & boats are yet to see any reversal of trend.

The exporting community was the early hit of the Covid pandemic as trade was the first activity that was interrupted due to supply chain disruption following precautionary measures by the governments across the globe. Trade figures for June 2020 definitely provide some room to breathe but do not certainly indicate any reversal of trend. On one side the Pandemic is looming large while trade as well as geo-political tensions among the richest economies is showing no signs of subsiding on the other. However, the government of India has been at its best to come up with a series of effective measures to negate or at least minimize the adverse impact of the Pandemic on the process of restoration of economic activities that will probably start yielding fruits very soon in all possibilities.

 

Mahesh K. 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

Austria
(Source : Embassy of India, Vienna)

Potential products of imports from India- March 2020

Commodity : (73) - Articles of iron or steel

Rationale - According to the Statistic Austria data, Austria imported goods worth USD 405.37 million from the world in the month of March 2020. Import from India stood at USD 1.99 million for March 2020.

Commodity : (72) - Iron and steel

Rationale - According to the Statistic Austria data, Austria imported goods worth USD 323.41 million from the world in the month of March 2020. Import from India stood at USD 1.84 million for March 2020.

Commodity : (90) - Optical, photographic, cinematographic, measuring, checking,precision, medical or surgical instruments and apparatus; parts and accessories thereof

Rationale - According to the Statistic Austria data, Austria imported goods worth USD 385.65 million from the world in the month of March 2020. Import from India stood at USD 1.69 million for March 2020.

Significant trends in trade and investment

Trade in Goods & Services - The year on year rise in trade between India and Austria has shown an upward trend. In 2017 Austria-India bilateral trade stood at 1.79 billion USD whereas in 2018 it stood at 2.08 billion USD. In 2019, bilateral trade between India and Austria was 2.16 billion USD with an increase of about 4%.

(Sources: Statistic Austria)

Investment - The Foreign Direct Investment (FDI) from Austria to India stood at 754 million Euro for the year 2019. In 2018 the Austrian direct investment in India was at 645 million Euro. There has been an increase of around 17% in FDI from Austria to India in the year 2019.

Indian investments towards Austria stood at 333 million Euro for the year 2019. In 2018, FDI from India to Austria stood at 309 million Euro. There has been an increase of around 8% in the year 2019.

(Source: Austrian National Bank)

During Jan-May 2020 the bilateral trade figures between the two countries were US$ 3.97 billion approx. as compared to US$ 5.5 billion approx. during the same period of last year. This is a decrease of approx. - (29.1) percent. 

India’s merchandise goods export to Australia (Australian imports from India) was US$ 1.2 billion approx. which is about 8.2 percent less compared to the same period during 2019. India’s merchandise goods import from Australia during Jan-May 2020 stood at approximately US$ 2.7 billion with a decrease of approx. 35.1 percent as compared to the same period of previous year.  Indian merchandise Exports to Australia was led by ‘Refined Petroleum, followed by the usual items – Medicaments, Pearls and Precious Stones, Made-up textile articles and Jewellery comprising the top 5.

The total bilateral trade has decreased by approximately US$ 1.6 billion during Jan-May 2020 and India’s usual export of ‘Refined Petroleum’ to Australia has re-entered the top 10 merchandise items in Jan-May 2020 ranked 1.

The other highlights of bilateral merchandise goods trade have been the significant increase in export of ‘Refined Petroleum’ and Passenger Motor Vehicles from India to Australia and import of Fresh & Frozen vegetables & ‘Instruments and appliances, for medical, surgical, dental or veterinary purposes’ during Jan-May 2020 from Australia.

In FY 2018-19 (July-June), the total bilateral trade in services between India and Australia was US$ 6.4 billion approx. (A$ 9.2 billion). During FY 2018-19 the total services export from India to Australia was around US$ 1.8 bn. The top three services export from India are 1. Personal travel (excl education-related) 2. Other Business Services 3. Telecom. computer & information services. During FY 2018-19 the total services import from Australia to India was around US$ 4.6 bn. Australia’s top three services export to India were 1) Education related travel 2) Personal travel (excl. education) and 3) business related travel.

During the reporting period, the top 10 commodities of export from India to Australia included Refined Petroleum Oils, Medicaments, Pearls & Precious Stones, Made up Articles of textile materials, Jewellery, Manufactures of base metals, Articles of Apparel of Textile fabrics, Fixed vegetable fats and oils, Floor Coverings, and Organo-inorganic compounds.

Export of ‘Coal’ from Australia to India was the main contributor for the volume of bilateral trade between the countries during the reporting period, with a value of USD 2.09 billion, amounting to 14.2% of Australia’s total exports to India.

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

Significant trends in trade and investment

Trade - Bilateral trade between January-May 2020, Korea exported $4,771 million to India, which had -29.3 percent decrease and imported $2,285 million with 3.1 percent growth. Bilateral trade amounted to $7,056 million and South Korea recorded trade surplus of $2,486 during the period.  In May 2020, Korea’s export to India marked $397 million with -71.9 percent decrease year-on-year, and import from India amounted to $260 million with -54.3 percent decrease.

Analysis - Exports in May fell due to the global economic slowdown led by the novel coronavirus, as well as 1.5 fewer working days compared to a year earlier.

Since the recent slump in exports is a result of a global situation rather than a reflection of Korea’s structural problems, it is forecast that exports will rebound once major importers experience economic recovery.

By destination, exports to all major regions contracted as well.

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.

Thailand
(Source : Embassy of India, Bangkok)

Webinar on Business and Investment Opportunities in State of Uttar Pradesh, India

Embassy of India, Bangkok in association with Government of Uttar Pradesh, organized a webinar on ‘Business and Investment Opportunities in Uttar Pradesh’ on 30 June, 2020 Chaired by Hon’ble Shri Sidharth Nath Singh, Minister for MSME, Investment & Export, Textile, Khadi & Gram Udyog of Government of Uttar Pradesh. Ambassador gave an overview of the strengths of Thai economy and the sectors where opportunities lie for enhancing trade and investment ties between Thailand and U.P. Apart from President Thailand-India Business Council, President of India-Thailand Chamber of Commerce and senior representatives of major Thai companies including CP Food, Sri Thai Superware, Siam Cement Group, Siam Macro, Big C Supercenter and Easone & Company attended the virtual meeting and shared their perspectives towards enhancing collaboration on trade and investment with UP Government.

15 RCEP members make MOU at end of 2020
Daily News  01.07.2020

Oramon Sapthaweetham, the Director-General of Department of Trade Negotiations, Ministry of Commerce, revealed that all the 15 RCEP members will conclude the agreement within this year. India confirmed that they will not sign the agreement within this year as before, but all the members allow India to continue with the negotiation as usual.

Venezuela
(Source : Embassy of India, Caracas)

Potential products of exports for India

Pharmaceutical products - Venezuelan pharmaceutical industry is severely affected by the lack of private investment and relies heavily on the imports for drugs and pharmaceuticals. India is one of the leading manufacturers and exporters of pharmaceuticals in the world and enjoys acceptance in the Venezuelan market due to its quality and competitive prices.

Auto-parts - India is one of the top manufacturers of auto-parts in the world. Venezuela is in dire need of auto-parts for all kinds of vehicles.

Oil and gas machinery and spare parts - Venezuela needs oil and gas industry machinery and spare parts to reactivate their oil industry. The Venezuelan oil industry uses machinery and parts which are US standards compliant, and India manufactures such items compliant with US standards at lower rates.

Venezuela oil crisis deepens as Indian refiners halt imports: According to media reports, India’s largest private refinery halted purchases of Venezuelan oil, putting additional pressure on the country’s oil industry. Reports indicate that Reliance Industries Ltd, which accounted for 25% of Venezuela’s oil exports in 2019, has no plans in the short term to make purchases from Venezuela. The last time Reliance loaded a Venezuelan oil cargo was in March 2020, which was received in May. Reliance bought around 117,650 bpd of Venezuelan crude in 2020, down by 46% compared with 2019. Since June, Venezuela has been shipping crude to China, Cuba, Spain and Italy. Cargoes to Europe are being used to settle old debts. Nayara Energy Ltd, India’s second largest private refiner, has reportedly not loaded Venezuelan crude since March. In 2019, Reliance resumed oil imports from Venezuela against payment in diesel. Such actions were compliant with US sanctions.

India`s Reliance to load Venezuelan oil cargo under fuel swap deal: According to media reports, India’s Reliance would load its first cargo of Venezuelan crude in the last three months, this week, in exchange for diesel under a swap deal that the parties say is permitted under the U.S. sanctions on Venezuela. Reliance reportedly gave the U.S. State Department and the Office of Foreign Assets Control (OFAC), the notice of the diesel swap and received the response that the policies that allowed the transaction were still in place. Reliance had previously said that its supplies of fuel to PDVSA in exchange for crude were permitted under sanctions. As per a statement by NGM Energy, an oil tanker named Commodore managed by them would load the cargo of crude in Venezuela and ship it to India. “All details of the transaction and transportation were shared with U.S. authorities, who confirmed that the U.S. policy authorizing such transactions remained in place,” NGM Energy said. “The shipment is made in connection with humanitarian exchange of oil for diesel fuel.” The Commodore would reportedly load a 1.9 million-barrel cargo of crude for Reliance at Venezuela’s main oil port of Jose. The Liberian flagged Commodore was at the Jose Terminal on 09 July 2020, ship tracking data on Refinitiv Eikon showed.

TENDER INFORMATION

Angola Angola
(EEPC Ref. No. DB-2426)
Project                  

Institutional and Sustainability Support to Urban Water Supply and Sanitation Service Delivery Project
Loan No. : 2000130013430
Project ID No. : P-AO-E00-005
Financing from the African Development Bank               

DB Ref. No.  AfDB-P539149-07/20 
Issued by 

National Directorate of Water of Angola (DNA)
Via S8, DOLCE VITA Condominium
Building 1D, 5th and 6th Floor, Talatona
Luanda, Angola
Attn. : Mrs. Elsa Ramos, National Director
Tel. : +244 929 831 102/915 299 216
E-mail : dna.adb2@gmail.com 

Bid No.  GO14-ISSUWSSSD/20 
For  Supply of 35,745 different type of Water Meter as per the defined technical specification and deliver at the
site of the Six Provincial Water and Sanitation Utilities of Cunene, Cuanza Sul, Bengo, Namibe, Lunda Norte
and Cabinda. 
Tender cost  A complete set of Bidding Documents may be obtained (free of charges) by interested bidders upon the
submission of a written application to the National Directorate of Water of Angola (DNA) or the documents
can be requested through the email address above. 
Bid Security 

US$ 45,000 (US Dollar Forty-Five Thousand) or AOA 25,000,000 (Kwanza Twenty-Five Million).

Bid deadline  15.09.2020 
Uganda Uganda
(EEPC Ref. No. DB-2427)
Project                

Multinational Lake Victoria Maritime Communication and Transport Project (MLVMCTP)
Loan No. : 210015036246
Loan from the African Development Bank                 

DB Ref. No.  AfDB-P537010-07/20 
Issued by 

The Ministry of Works and Transport
Jinja Road, PDU Boardroom
ZIP Code : 256
Kampala, Uganda
Attn. : Head Procurement and Disposal Unit
Tel. : +256 414320101/9
Fax : +256 414321364
E-mail : mowt@works.go.ug

Bid No.  MoWT/SUPLS/2019-20/00637 
For  Procurement of Nine (9) no. Weather (Meteorological) Buoys. 
Tender cost  Non-refundable fee of UGX 100,000 (One Hundred Thousand Uganda Shillings). The method of
payment will be through the Bank using Bank advice forms available and can be picked from the
Ministry`s cash office. 
Bid Security  US$ 30,000 (United States Dollars Thirty Thousand only). 
Bid deadline  28.08.2020 
Source  UN Development Business Website 
Bahrain Bahrain
(EEPC Ref. No. MEED-2890)
Tender No.               RFP/CSD/2020/15 (PT/CSD/AA/2020/101)               
Tender for  Exhaust fans 
Tender details  Supply of 600 450-millimetre-diameter, propeller-type exhaust fans. 
Bid bond  BD 500 
Cost of tender documents  BD 30 
Closing date  12.08.2020 
Issued by 

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

Bahrain Bahrain
(EEPC Ref. No. MEED-2891)
Tender No.                 RFP/MUN/2020/1 (MUN/AG/07/2020)              
Tender for  Flow meters 
Tender details  Supply and installation of electro-magnetic flow meters with GPRS modules. 
Bid bond  BD 1,000 
Cost of tender documents  BD 30 
Closing date  12.08.2020 
Issued by 

Works, Municipalities Affairs & Urban Planning Ministry
Municipalities Affairs Department
P. O. Box 5
Manama, Bahrain
Tel. : (973) 17981656
Website: www.works.gov.bh;
www.tenderboard.gov.bh 

Kuwait Kuwait
(EEPC Ref. No. MEED-2892)
Tender No.              RFQ-1030887             
Tender for  Refinery electrical parts 
Tender details  Supply of electrical spare parts for the FUP at Mina al-Ahmadi (MAA) refinery. 
Bid bond  KD 1,000 
Closing date  22.10.2020 
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 

United Arab Emirates United Arab Emirates
(EEPC Ref. No. MEED-2893)
Tender No.               RFX-2132000054             
Tender for  Pumping station 
Tender details  Construction of the 1-x-72-MIGD Hassyan pumping station, phase 1 (stream A&B) including all electro-mechanical and Scada works. 
Bid bond  AED 4.5m 
Cost of tender documents  AED 5,250 
Closing date  19.08.2020 
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-2894)
Tender No.              RFX-2132000055             
Tender for  Substation cable works 
Tender details  Supply, installation, testing and commissioning of 132kV cable works for the Pondview and Abrajst
132/11kV substations, network modification to the NHDA loop and third feed to the DTRL 132/33kV
substation, and carrying out associated works. 
Bid bond  AED 3.55m 
Cost of tender documents  AED 5,250 
Closing date  16.08.2020 
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-2895)
Tender No.               RFX-221200023             
Tender for  Substation ground fault neutralizer 
Tender details  Supply, installation, testing and commissioning of a ground fault neutralizer at a 33/11kV substation. 
Bid bond  AED 60,000 
Cost of tender documents  AED 630 
Closing date  16.08.2020 
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 15 July, 2020

DGFT Notification No. 19/2015-2020



The Directorate General of Foreign Trade, Ministry of Commerce and Industry, Department of Commerce, Government of India, New Delhi has issued a Notification No. 19/2015-2020 dated 15th July, 2020 regarding Amendment in Import Policy and Policy Conditions of items under Chapter 84 of ITC(HS), 2017, Schedule-I (Import Policy). The above Notification has already been hosted in our Website (http://www.eepcindia.org/download/200716130011.pdf) for information of our Members.
Dated 15 July, 2020

Notification No. 57/2020-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. 57/2020-Customs (N.T.), dated 15th July, 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/200716130053.pdf) for information of our Members.
Dated 16 July, 2020

Notification No. 59/2020-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. 59/2020-Customs (N.T.), dated 16th July, 2020 regarding Exchange Rates Notification No.59/2020-Custom (NT) dated 16.07.2020. The above Customs Notification has already been hosted in our Website (http://www.eepcindia.org/download/200716205908.pdf) for information of our Members.
Dated 15 July, 2020

Circular No. 33/2020-Customs



Ministry of Finance, Department of Revenue, Central Board of Indirect Taxes and Customs, Government of India, New Delhi has issued a Circular No. 33/2020-Customs, dated 15th July, 2020 regarding Amendments to the All Industry Rates of Duty Drawback effective from 15.07.2020. The above Customs Circular has already been hosted in our Website (http://www.eepcindia.org/download/200716130137.pdf) for information of our Members.
Dated 15 July, 2020

Public Notice No. 13/(2015-2020)



The Directorate General of Foreign Trade, Ministry of Commerce and Industry, Department of Commerce, Government of India, New Delhi has issued a Public Notice No. 13/(2015-2020) dated 15th July, 2020 regarding Procedure for allocation of Import Authorisation of Power Tillers. The above Public Notice has already been hosted in our Website (http://www.eepcindia.org/download/200716125918.pdf) for information of our Members.

STEEL PRICES

Steel Market Current Report

Mandi Gobindgarh
Open Market Rates of Rerollables (July 4, 2020)

(Exclusive of GST) (Trade Terms 1% Cash Discount) (Rate Rs. per Tonne)
Ingot
Arc/Ind. Furnace
Round quality (21x25) 30,400
Structural quality (28x30) 30,600
Low carbon (12x16) -
Semi low carbon (18x21) 30,550
5x6 Girder quality (25x30) -
Runners/Risers 30,200
Bones/Clean -
Billets & Squares  
50x50x63x63x65x65 mm MS -
75x75x80x80x90x90 mm MS 30,600
100x100 mm MS2 30,900
125x125 mm MS/ Concast -
100x100 mm Concast-Billets 31,000
100x100 Concast-SAIL DSP 31,000
H.C. Billet SAIL 150x150 mm) -
H.C. Billet-Tisco 75x75 mm) -
Blooms  
Above 251 mm Bloom (HC) 27,500
Above 251 mm Bloom (MS) 27,500
(DSP) Bloom 160x250 mm 27,500
130/135/140 mm (Tisco) MS -
150x150 mm Concast (DSP) 30,600
150x150 mm MS (SAIL) 30,600
Bloom Cut into pcs. (MS) 31,600
Bloom Cut into pcs. (Medium) 30,800
Bloom Cut into (Patra Pass) 30,800

Slabs  
Durgapur Slabs 14"x3" -
Durgapur Slabs -
Bokaro Slab Heavy -
Tata Concast Slab (Heavy) -
Skelp Tisco -
Rails  
Untested Rail - 75 lbs. 23,800
Untested Rail - 90 lbs. 23,800
Untested Rail - 105 lbs. 23,700
Rej. Wheel (Small) 23,700
Cut Tyre (Big) 30,600
Cut Tyre (Small) 24,600
Melting Scrap (F.O.R.)  
Fresh Scrap (Rolling Mill End)  23,600
Old Scrap (Godown) 20,100
Turning 19,200
Tin Tapper 21,300
Mill Scale 16,300
Sponge Iron 19,500
Pig Iron (F.O.R.)  
Foundry Grade 29,100
Steel Grade 21,900
C.I. Turning 14,900
Degi Scrap 22,400
Deg Casting 34,800
Ingot Moulds (Old) 21,400
Ingot Moulds (New) 33,600
Cut Ingot Moulds 20,300
Open Market Rates of Finished Goods (July 4, 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 4290 4310 4310 4320 4300 4400 4460 4320
Zindi Pass (Drawing) - - - 4310 4380 4380 4480 4480

                  Above rates of 6 mm rounds are of length up to 14’ Above 18’ = 4350

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    4440 4440  4460     4460 4470 4480 4360
M. S. Squares 4 mm 5 mm 6 mm 8 mm 10 mm 12 mm 16/20 mm 22/25 mm
Mild 4510
4510
4480
4540
4540
4540
4480
4470
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 4330 4290 4340 4410 4410 4480 - - - - -
5 mm 4180 4290 4410 4410 4480 4510
4410 - - -
6 mm 4370 4370 4410 4410 4480 4510 4500 - - -
8 mm - - 4410 4480 4480 4500 4500 - - -
10 mm - - 4410 4480 4480 4500 4560 4500 - -
12 mm - - 4410 4480 4160 4480 4490 - 4580

-

16 mm - - 4410 4480 4490 4480 4560 - - -
M. S. Flats 20 mm 25 mm 32 mm 40 mm 50 mm 65 mm 75 mm 100 mm
3 mm 4270 4260 4270 4300 4400 4360 - -
5 mm 4270 4260 4270 4270 4500 4560 4500 4500
6 mm 4300 4330 4270 4270 4420 4550 4500 4500
8 mm 4150 4270 4370 4510 4480 4500
10 mm - - 4140 4270 4370 4500 4480 4480
12/25 mm - - 4140 4270 4370 4500 4480 4480
18/19 Gauge 4100 4180 4350 4270
4370 4480 4480 4480

[Prices at other stockyards may vary]                                          Source : Steel Town (Weekly), July 4, 2020]

EEPC INDIA OFFICE BEARERS

CHAIRMAN SR. VICE CHAIRMAN  VICE CHAIRMAN

Mahesh K 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