engineering export bulletin engineering the future
  • Mr. T. S. Bhasin, Chairman, EEPC India launches online RCMC held on 14th July, 2017 in Mumbai. On his right Mr. S. Rajagopalan, Sr. Deputy Director and on his left Mr. Rajat Srivastava, Regional Director, EEPC India (WR)
  • Mr. Bhaskar Sarkar, Executive Director & Secretary, EEPC India presenting a bouquet to Mr. K Suresh Kumar, Scientist, Office of PSA, New Delhi at R & D Meet - Forging Industry held on 25th July, 2017 in Chennai
  • Mr. Bhaskar Sarkar, Executive Director & Secretary, EEPC India presenting a bouquet to Mr. Murali Shankar, Vice President, AIFI, Chennai at R & D Meet - Forging Industry held on 25th July, 2017 in Chennai
  • Dr. Santanu Ray, Professor, IIT Madras receiving bouquet from Mr. Bhaskar Sarkar, Executive Director & Secretary, EEPC India at R & D Meet - Forging Industry held on 25th July, 2017 in Chennai
  • Mr. Bhaskar Sarkar, Executive Director & Secretary, EEPC India presenting a bouquet to Mr. B S Bhalla, IAS, Joint Secretary, Ministry of Commerce & Industry, Govt. of India at R & D Meet - Forging Industry held on 25th July, 2017 in Chennai
  • Introduction and setting up the tone by Mr. Bhaskar Sarkar, Executive Director & Secretary, EEPC India at R & D Meet - Forging Industry held on 25th July, 2017 in Chennai
  • Ket Note Address by Mr. B S Bhalla, IAS, Joint Secretary, Ministry of Commerce & Industry, Govt. of India at R & D Meet - Forging Industry held on 25th July, 2017 in Chennai
  • Mr. R. Seshagiri, Dy. Regional Chairman, EEPC India (SR) welcoming the gathering at Session on Opportunities in the Czech Republic held on 26th July, 2017 in Bengaluru
  • Mr. C. H. Nadiger, Regional Director, EEPC India (SR) giving presentation on MSV Brno held on 26th July, 2017 in Bengaluru
  • Mr. Milan Tous, First Secretary, Embassy of the Czech Republic addressing the gathering at Session on Opportunities in the Czech Republic held on 26th July, 2017 in Bengaluru
  • Mr. J. V. Raja Gopal Rao, Deputy Director, EEPC India, Bengaluru addressing the gathering at Session on Opportunities in the Czech Republic held on 26th July, 2017 in Bengaluru

ENGINEERING EXPORT INFO-BULLETIN | VOL. 19 | ISSUE NO. 32 | AUGUST 14, 2017

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

  • Notification No. 78/2017-Customs (N.T.) - Tariff Notification in respect of Fixation of Tariff Value of Edible Oils, Brass Scrap, Poppy Seeds, Areca Nut, Gold and Sliver- Reg.
  • Notification No. 23/2017 - Central Excise (N.T.) - Seeks to specify return forms ER-1 & ER-3 under rule 12 of Central Excise Rules, 2017 and rule 11 (5) of CENVAT Credit Rules, 2017 in supersession of Notification No. 16/2011-CE (NT).
  • Notification No. 24/2017 - Central Excise (N.T.) - Seeks to specify return ER-2 under rule 23 (3) of Central Excise Rules, 2017 and rule 11 (3) of CENVAT Credit rules, 2017 in supersession of Notification No. 24/2008-CE (NT).
  • Circular No. 5/5/2017 - GST - Clarification on issues related to furnishing of Bond/Letter of Undertaking for Exports–Reg.
chairman

My dear fellow exporters,

India`s engineering exports continued its growth run for the 12th month in a row to July 2017 and outperformed the overall merchandise export once again. Overseas shipment of India`s engineering products grew by 7.96% during July 2017 to USD 5.18 billion from USD 4.79 billion during the same month last year.

Growth has been decelerating for the last few months in case of overall merchandise exports while for engineering; the pace of growth is sporadic. While rising commodity prices and stability in major developed economies helps exports to achieve healthy figures every month, there are a few bottlenecks to growth of exports like rising domestic steel prices and non-availability of certain types of steel among others.

The fall in engineering exports in July 2017 is mainly driven by Industrial machinery sectors like Industrial Boilers, Machine Tools, Air Condition and Repair Machinery, Electrical machinery Equipment, Aircraft and Spacecraft, Electrodes and Accumulators, and Cranes and Lifts.  Cumulatively Aircrafts & Spacecrafts an Cranes and Winches are the worst performer during April-July of the current fiscal while Nickel products are the other sectors that has also witnessed worst decline in exports during the said time period. 

Among the top 25 importers of India`s engineering exports during the April-July 2017-18, only 19 recorded growth in imports from India. For the rest 6 countries, India saw lower overseas shipment.

 

Tarvinder Singh Bhasin 

Overseas Information

OVERSEAS MARKET INFORMATION

Canada
(Source : High Commission of India, Ottawa)

Products with Export Potential for India - Engineering Goods

Comparative advantage vis-à-vis peers in terms of manufacturing costs, market knowledge, technology and creativity has been a driving force for engineering exports from India. Engineering exports from India stood at US$ 65.23 billion in FY 2016-17. The export of engineering goods grew by 11.33 per cent year-on-year. Top ten importers of Indian engineering products during FY 2016-17 were US (US$ 7.06 billion), UAE (US$ 4.03 billion), Singapore (US$ 2.80 billion), UK (US$ 2.48 billion), Mexico (US$ 2.45 billion), Malaysia (US$ 2.39 billion), Germany (US$ 2.21 billion), Nepal (US$ 2.16 billion), Italy (US$ 2.08 billion) and Bangladesh (US$ 1.99 billion). The EU, ASEAN+2 and North America recorded the highest shipment of engineering products from India, with a share of 21 per cent, 16 per cent and 15 per cent respectively in total engineering exports in FY 2016-17. Capacity creation in sectors like infrastructure, power, mining, oil & gas, refinery steel, automotives, and consumer durables has been driving demand in the engineering sector. Separately, the approval of significant number of special economic zones (SEZs) across the country and the development of the Delhi Mumbai Industrial Corridor (DMIC) across seven States is expected to further bolster the engineering sector.

Source: IBEF, EEPC India

Significant Trends in Trade and Investment

Details of significant trends

Analysis

Canadian exports to India have grown 50% over the past year, while imports from India have only grown 10%. Exports of agricultural products (Edible Vegetables and Certain Roots and Tubers, Fertilizers) to India have enjoyed a significant leap, and make up the largest share of exports. Due to Alberta’s oil sands, mineral fuels are the 2nd largest export and witnessed the third highest growth rate. Mineral fuels are also Canada’s largest export to the world. On the other hand, HS 26 - Ores, Slag and Ash, experienced the biggest drop in exports to India with a -54.29% decline. In terms of imports from India, HS 84 - Nuclear Reactors, Boilers, Machinery and Mechanical Appliances, experienced the biggest decline of -25.63% while HS 27 - Mineral Fuels, Mineral Oils, Bituminous Substances and Mineral Waxes had the largest increase of 50.25%.

Canada’s total trade balance with India has historically been very low, and the trend has been continuing this year. The total trade balance, including exports and imports, is less than 1% of Canada’s total global trade balance. This is despite the significant 50% growth in exports over the past year. Canada’s exports to India have grown fivefold over its imports from India from the corresponding period last year. By contrast, its growth in worldwide exports is only double that of the growth in its worldwide imports. Canada clearly enjoys a surplus in trade with India, but India is only a minor trade partner of Canada.

Peru
(Source : Embassy of India, Lima)

Opportunities and dangers that Peru face in negotiating an FTA with India (El Comercio : 30/06/2017)- In August, the first round of negotiations will be held in New Delhi for the free trade agreement between Peru and India, the first that the Asian giant signs with a Latin American economy. If India seeks to re-export to markets like the United States, it would have to comply with the rules of origin of the agreements already signed by our country. If this is the case, it is possible that India will invest or take advantage of Peru`s manufacturing capacity to move towards new destinations. However, such a strategy may not be as favorable as it would have a lower economic impact on Peru`s industrial development. However, Jessica Luna, General Manager of Cómex-Perú, who is confident that the negotiation will result in a reduction or elimination of tariffs, which in the case of coffee and grapes - main non-traditional export products of Peru – are 56.3% and 30.8%, respectively. Luna also bets that tariffs will be lowered for gold and copper, which today enter India with 7.6% of tariff.

Peru promotes investment, trade and tourism in India (News Report in Andina : 22/06/2017) - As part of investment, trade and tourism promotion efforts, Peru`s Embassy in India recently organized "India-Latin America & Caribbean Partnership Conclave on Trade and Investment," the Foreign Affairs Ministry informed. The activity was developed in coordination with Latin American and Caribbean Diplomatic Missions and Trade Offices in association with the All India Association of Industries (AIAI) and GRULAC-India. The event served to present Peru`s business opportunities in the said fields to Indian Government authorities, business representatives and investors. It must be noted that Peru-India bilateral trade exceeded US$1.7 billion in 2016.

Tunisia
(Source : Embassy of India, Tunis)

Trade Data - Annual (US$ million)

Year

2012

2013

2014

2015

2016

2017
Jan-June

India’s Exports

380.94

313.11

283.92

239,5

249.06

141.3

India’s Imports

181.70

85.77

148.45

100,75

121.4

  60.6

Total

562.6

398.9

432.37

340.25

370.46

201.9

(Source: National Institute of Statistics, Tunis)

India Tunisia Joint Venture :  US$450 million was launched in 2006 in Tunisia for manufacturing Phosphoric Acid. Its production started in 2013. Two Indian companies Coromandel Fertilizers Ltd and the Gujarat State Fertilizers Ltd have 30% shares in the project. In the TIFERT board meeting held in Tunis on 19 July, Indian representatives of Gujarat State Fertilizers and Chemicals and Coromandel International participated and discussed TIFERT’s indebtedness.

Other Projects : Indian companies M/s KEC International Ltd and Jyoti Structures Ltd have a presence in Tunisia for erection of electric transmission lines. An assembly plant of Mahindra pickup trucks is established in Tunisia with a target to produce up to 2500 trucks per year. Indian Auto Company, Mahindra and Mahindra, provides the vehicles as knocked-down kits, to be assembled by the Tunisian company, with full technical support from the Indian company.  Mahindra has further diversified its product portfolio by introducing SUV class vehicles.  M/s TATA Motors have commenced assembly of pick-up trucks with Tunisian companies ‘Le Moteur’ and ‘Icar’ in June 2015.

Thailand
(Source : Embassy of India, Bangkok)

Indian Ambassador Raises Relations with Asean

Mr. Bhagwant Singh Bishnoi, Indian Ambassador to Thailand, joined the seminar ASEAN-India Expo and Forum to celebrate 25th anniversary of Asean and India and 70th anniversary of Thailand and India’s relation. He said that it is important to focus on cultural cooperation since it is a significant aspect and it will connect people together. At the same time, it is crucial to develop investment. India and Thailand have negotiated in various topics. Furthermore, he discussed about port investment to support international trading.

Venezuela
(Source : Embassy of India, Caracas)

Potential products of exports for India

S.No.

HS codes

Description

Rationale

1









3000000000









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.



2




8708000000




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 kind of Vehicles.


Venezuela replaces Iran as India’s key oil supplier : Venezuela sold 137,000 bpd to Essar in June – up 107 percent from May (66,000 bpd), it was reported.  Oil Minister Shri Pradhan, said state oil refiners import oil as per commercial and operational consideration. India`s state refiners have cut oil import plans from Iran by a quarter in the year to March 2018, it was reported earlier.

Venezuela and India to up investment in energy sector : Despite the ongoing crisis in Venezuela, New Delhi and Caracas are continuing their joint investments in the energy sector.  PDVSA and ONGC have agreed to further invest in the San Cristobal joint venture over the next few years to increase production. In 2016, the two companies had signed a contract to increase production in the Orinoco Oil Belt worth US$ 318 million and this year the first high pressure water pump was inaugurated. Diplomatic sources said that India continues to be one of the largest buyers of Venezuelan crude. Over, 400,000 bpd continues to be procured by Indian companies.  The other Oil JV in Venezuela with participation of Indian firms (OVL, IOCL and Oil India) is expected to do better as infrastructure in the area develops and the economic situation in Venezuela improves, it was reported. In the past, India has refrained from commenting on domestic affairs of other countries that do not directly affect its own geopolitical and economic interests.  Responding to a question, Augusto Montiel, the ambassador of Venezuela to India told FE: “Through the legally constituted National Constituent Assembly (NCA), the framework for a more efficient and dynamic climate of direct foreign investment can be consolidated. The number of persons that voted for peace and stability in the NCA in the election can only benefit the India-Venezuela bilateral relationship. There have already been great advances in oil cooperation between Venezuela’s PDVSA and Indian companies.” “The internal stability the NCA will bring to the country is beneficial for India, as Venezuela continues to be a safe and stable provider of oil and other products.” 

TENDER INFORMATION

China China
(EEPC Ref. No. DB-2058)
Project             

Low-Carbon District Heating Project in Hohhot in Inner Mongolia Autonomous Region
Loan No. : 3218-PRC
Loan from ADB             

DB Ref. No.  ADB385-08/17 
Issued by 

China Far East International Tendering Company
9A Dongtucheng Road, Heping Street
Floor/Room No. : 6th Floor
Chaoyang District, Beijing, China
Attn. : Ms. Yang Huai, Project Manager
Tel. : 0086-10-64234101
Fax : 0086-10-64204400
E-mail : cfeitc@126.com 

Bid No.  0722-172FE1042WWH 
Contract No.  3 
For 

Supply and Installation of Heat Exchange Units and Valves (Jinqiao Heating Zone) :
- Heat Exchange Unit; Quantity : 62 Set;
- Valve; Quantity : 1306 Set. 

Tender cost 

Non-refundable fee of CNY 1,200 or its equivalent in US$. The method of payment will be
in cash or bank transfer/deposit to the bank account below. For mail order, the document
will be sent by express delivery at additional cost of CNY 100 (for domestic delivery) or
US$ 20 (for overseas delivery). No liability will be accepted for loss or late delivery.

The bank account is as follows:
Name of Bank : Huaxia Bank Dongzhimen branch
(Dongtucheng Road Heping Street Chaoyang District, Beijing, China)
Name of account : China Far East International Tendering Company
Account No. : 4047200001819100030941
Swift Code : 734 

Bid deadline  20.09.2017 
Kyrgyzstan Kyrgyzstan
(EEPC Ref. No. DB-2059)
Project           

Second Health and Social Protection SWAp Project
Grant No. : H839-KG
Credit No. : 5235-KG            

DB Ref. No.  WB4515-08/17 
Issued by 

Ministry of Health of the Kyrgyz Republic
Procurement Unit, Room No. 36 (New Building), 3rd Floor
148, Moskovskaya Street
Bishkek 720040, Kyrgyz Republic
Attn. : Ms. Zinat Beishebaeva, Head of Procurement Implementation Unit
Tel. : (0312) 662608
Fax : (0312) 621901
E-mail : z_beishebaeva@mz.med.kg
with cc :
Ms. Nargis Kochorbaeva, Procurement Assistant of Procurement Implementation Unit
Tel. : (0312) 663815
Fax : (0312) 621901
E-mail : n_kochorbaeva@mz.med.kg 

Bid No.  G-30 
For 

Procurement of Laboratory equipment for health care organizations that provide
primary health care with gas analyzer :
- Lot 1 : Equipment for the analysis of blood gases and ions;
- Lot 2 : Equipment for biochemical analysis;
- Lot 3 : Equipment for general blood analysis;
- Lot 4 : Sterilization equipment. 

Bid Security 

- Lot 1 : US$ 6 250  or equivalent amount in local or any other convertible currency.
- Lot 2 : US$ 6 600  or equivalent amount in local or any other convertible currency.
- Lot 3 : US$ 2 900  or equivalent amount in local or any other convertible currency.
- Lot 4 : US$ 950  or equivalent amount in local or any other convertible currency. 

Bid deadline  21.09.2017 
Nepal Nepal
(EEPC Ref. No. DB-2060)
Project          

South Asia Subregional Economic Cooperation Power System Expansion Project
Loan No. : 3139-NEP
Financing from ADB          

DB Ref. No.  ADB381-08/17 
Issued by 

Project Management Directorate
Satungal, Bauthali Chowk Marga
Chandragiri Municipality, Matatirtha
Kathmandu, Nepal
Tel. : +977-1- 5164099/5164091
Fax : +977-1-5164091
E-mail : pramilaa@live.com 

Bid No.  Re-ICB-PMD-073/74-Vehicles-01 
For 

Supply and Delivery of Vehicles – nine (9) Double Cab Pick Ups and two (2) SUVs.

Tender cost  Non-refundable fee of NRs. 5,000 by or an equivalent amount in US Dollars by bank voucher
to the Current Account No. 0150000080801, Sanima Bank, Kalanki Branch, Account Holder`s
name: Project Management Directorate, Nepal Electricity Authority(NEA). 
Bid deadline  20.09.2017 
Source  UN Development Business Website 
Iraq Iraq
(EEPC Ref. No. MEED-1992)
Tender No.               1252/2017            
Tender for  Fire and safety equipment 
Tender details  Supply of fire and safety equipment. 
Bid bond  $ 960 
Performance bond  5 per cent of contract price 
Cost of tender documents  ID 250,000 
Closing date  11.09.2017 
Issued by 

Midland Refineries Company
Oil Ministry, Daura
PO Box 2075
Baghdad, Iraq
Tel. : (9641) 7750300/7750911
Fax : (9641) 7751096
E-mail : duroref@yahoo.com 

Iraq Iraq
(EEPC Ref. No. MEED-1993)
Tender No.            1300/2017         
Tender for  Electrical materials 
Tender details  Supply of electrical materials. 
Bid bond  $ 970 
Performance bond  5 per cent of contract price 
Cost of tender documents  ID 250,000 
Closing date  11.09.2017 
Issued by 

Midland Refineries Company
Oil Ministry, Daura
PO Box 2075
Baghdad, Iraq
Tel. : (9641) 7750300/7750911
Fax : (9641) 7751096
E-mail : duroref@yahoo.com 

Iraq Iraq
(EEPC Ref. No. MEED-1994)
Tender No.           1336/2017          
Tender for  Instruments and meters 
Tender details  Supply of instruments and meters. 
Bid bond  $ 900 
Performance bond  5 per cent of contract price 
Cost of tender documents  ID 250,000 
Closing date  11.09.2017 
Issued by 

Midland Refineries Company
Oil Ministry, Daura
PO Box 2075
Baghdad, Iraq
Tel. : (9641) 7750300/7750911
Fax : (9641) 7751096
E-mail : duroref@yahoo.com 

Iraq Iraq
(EEPC Ref. No. MEED-1995)
Tender No.           3535/2017            
Tender for  Induction motors 
Tender details  Supply of three-phase induction motors. 
Bid bond  $ 1,500 
Performance bond  5 per cent of contract price 
Cost of tender documents  ID 250,000 
Closing date  28.08.2017 
Issued by 

Midland Refineries Company
Oil Ministry, Daura
PO Box 2075
Baghdad, Iraq
Tel. : (9641) 7750300/7750911
Fax : (9641) 7751096
E-mail : duroref@yahoo.com 

Iraq Iraq
(EEPC Ref. No. MEED-1996)
Tender No.             1220/2017          
Tender for  Metals 
Tender details  Supply of metals. 
Bid bond  $ 1,800 
Performance bond  5 per cent of contract price 
Cost of tender documents  ID 250,000 
Closing date 

28.08.2017

Issued by 

Midland Refineries Company
Oil Ministry, Daura
PO Box 2075
Baghdad, Iraq
Tel. : (9641) 7750300/7750911
Fax : (9641) 7751096
E-mail : duroref@yahoo.com 

Kuwait Kuwait
(EEPC Ref. No. MEED-1997)
Tender No.            H/MSD/33/2016/2017           
Tender for  Water chillers 
Tender details  Replacement of two main water chillers for air-conditioning with pipes and other
accessories at the central chiller plant at the Sabah Hospital. 
Bid bond  KD 15,000 
Cost of tender documents  KD 150 
Closing date  12.11.2017 
Issued by 

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

Kuwait Kuwait
(EEPC Ref. No. MEED-1998)
Tender No.            12/2017-2018          
Tender for  Scientific equipment maintenance 
Tender details  Maintenance of scientific equipment for a university research department. 
Bid bond  KD 7,500 
Cost of tender documents  KD 75 
Closing date  12.11.2017 
Issued by 

Central Tenders Committee
Kuwait University
PO Box 1070
Safat 13011, Kuwait
Tel. : (965) 2401200
Fax : (965) 2416574
E-mail : info@ctc.gov.kw
Website : www.ctc.gov.kw 

Kuwait Kuwait
(EEPC Ref. No. MEED-1999)
Tender No.           RFQ/1017232            
Tender for  Reciprocating compressor parts 
Tender details  Supply of parts for reciprocating compressors. 
Bid bond  KD 1,000 
Closing date  07.09.2017 
Issued by 

Kuwait National Petroleum Company
Mina Ahmadi Refinery
Internal Tenders Committee
PO Box 70
Ahmadi 13001, Kuwait
Tel. : (965) 23887794/23887792/23207793
E-mail : cwphelp@knpc.com.kw
Website : http://esourcing.knpc.com 

Source  MEED.com website 

Domestic Information

PUBLIC NOTICE

Dated 14 August, 2017

Notification No. 78/2017-Customs (N.T.)



Ministry of Finance, Department of Revenue, Central Board of Excise & Customs, Government of India, New Delhi has issued a Notification No. 78/2017-Customs (N.T.), dated 14th August, 2017 regarding Tariff Notification in respect of Fixation of Tariff Value of Edible Oils, Brass Scrap, Poppy Seeds, Areca Nut, Gold and Sliver. The above Customs Notification has already been hosted in our Website (http://www.eepcindia.org/download/170816131133.pdf) for information of our Members.
Dated 9 August, 2017

Notification No. 23/2017-Central Excise (N.T.)



Ministry of Finance, Department of Revenue, Central Board of Excise & Customs, Government of India, New Delhi has issued a Notification No. 23/2017-Central Excise (N.T.) dated 9th August, 2017 regarding Seeks to specify return forms ER-1 & ER-3 under rule 12 of Central Excise Rules, 2017 and rule 11 (5) of CENVAT Credit Rules, 2017 in supersession of Notification No. 16/2011-CE (NT). The above Central Excise Notification has already been hosted in our Website (http://www.eepcindia.org/download/170811125814.pdf) for information of our Members.
Dated 11 August, 2017

Circular No. 5/5/2017-GST



Ministry of Finance, Department of Revenue, Central Board of Excise & Customs, Government of India, New Delhi has issued a Circular No. 5/5/2017-GST, dated 11th August, 2017 regarding Clarification on issues related to furnishing of Bond/Letter of Undertaking for Exports. The above GST Circular has already been hosted in our Website (http://www.eepcindia.org/download/170816152713.pdf) for information of our Members.
Dated 9 August, 2017

Notification No. 24/2017-Central Excise (N.T.)



Ministry of Finance, Department of Revenue, Central Board of Excise & Customs, Government of India, New Delhi has issued a Notification No. 24/2017-Central Excise (N.T.) dated 9th August, 2017 regarding Seeks to specify return ER-2 under rule 23 (3) of Central Excise Rules, 2017 and rule 11 (3) of CENVAT Credit rules, 2017 in supersession of Notification No. 24/2008-CE (NT). The above Central Excise Notification has already been hosted in our Website (http://www.eepcindia.org/download/170811125916.pdf) for information of our Members.

STEEL PRICES

Steel Market Current Report

Mandi Gobindgarh
Open Market Rates of Rerollables (August 12, 2017)

(Inclusive of Excise Duty) (Trade Terms 1% Cash Discount) (Rate Rs. per Tonne)
Ingot
Arc/Ind. Furnace  
Round quality (21x25) 29,700
Structural quality (28x30) 31,900
Low carbon (12x16) -
Semi low carbon (18x21) 32,200
5x6 Girder quality (25x30) 32,200
Runners/Risers 32,200
Bones/Clean -
Billets & Squares  
50x50x63x63x65x65 mm MS -
75x75x80x80x90x90 mm MS 30,700
100x100 mm MS 30,700
125x125 mm MS/ Concast -
100x100 mm Concast-Billets 30,800
100x100 Concast-SAIL DSP 30,800
H.C. Billet SAIL 150x150 mm) -
H.C. Billet-Tisco 75x75 mm) -
Blooms  
Above 251 mm Bloom (HC) 30,100
Above 251 mm Bloom (MS) 30,100
(DSP) Bloom 160x250 mm 30,100
130/135/140 mm (Tisco) MS -
150x150 mm Concast (DSP) 29,400
150x150 mm MS (SAIL) 30,200
Bloom Cut into pcs. (MS) 28,900
Bloom Cut into pcs. (Medium) 29,400
Bloom Cut into (Patra Pass) 28,900

Slabs  
Durgapur Slabs 14"x3" -
Durgapur Slabs -
Bokaro Slab Heavy -
Tata Concast Slab (Heavy) -
Skelp Tisco -
Rails  
Untested Rail - 75 lbs. 23,500
Untested Rail - 90 lbs. 23,500
Untested Rail - 105 lbs. 23,800
Rej. Wheel (Big) -
Rej. Wheel (Small) 24,200
Cut Tyre (Big) 29,400
Cut Tyre (Small) 24,000
Melting Scrap (F.O.R.)  
Rolling Mill end (Fresh) 20,300
Good Godown 17,300
Godown Scrap 17,200
Turning 15,300
Tin Tapper 17,300
Sponge Iron 20,000
Pig Iron (F.O.R.)  
Foundry Grade 30,300
Steel Grade 27,900
C.I. Turning 14,800
Degi Scrap 21,400
Deg Casting 32,400
Ingot Moulds (Old) 23,400
Ingot Moulds (New) 33,775
Cut Ingot Moulds 20,100
Open Market Rates of Finished Goods (August 12, 2017)
(Including Excise Duty) (Trade Terms 1% Cash Discount)
(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 4010 3905 3905 3755 3765 3785 3765 3660
Zindi Pass (Drawing) - - - 3830 3830 3830 3830 3670

                  Above rates of 6 mm rounds are of length up to 14’ Above 18’ = 3000

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    3670 3128 3765 3830 3896    3940 4060 4010 4010
M. S. Squares 4 mm 5 mm 6 mm 8 mm 10 mm 12 mm 16/20 mm 22/25 mm
Mild 3975
3975
3875
3725
3725
3725
3785
3680
M. S. Angles 20 mm 25 mm 32 mm 37 mm 50 mm 65 mm 75 mm 90 mm 100 mm 110 mm 150 mm 200 mm
3 mm 3915 3820 3820 3820 3880 3940 - - - - - -
5 mm 3820 3820 3780 3780 3780 3780
3955 3955 - - -
6 mm 3790 3820 3780 3780 3780 3780 3955 3955 - - -
10 mm - - - - - - - - 4010 - -
12 mm - - - - - - - - -

4055

-
16 mm - - - - - - - - - -
M. S. Flats 20 mm 25 mm 32 mm 37 mm 50 mm 65 mm 75 mm 100 mm
3 mm 3770 3770 3770 3790 3830 3830 - -
5 mm 3680 3680 3680 3680 3715 3715 3715 3715
6 mm 3680
3680 3680 3680 3715 3715 3715 3715
10 mm - - 3775 3705 3680 3680 3680 3680
12/25 mm - - 3775 3775 3715 3715 3715 3715
18/19 Gauge 3760 3750 3750 3720
3750 3800 3760 3740

[Prices at other stockyards may vary]                                             Source : Steel Town (Weekly), August 12, 2017]

EEPC INDIA OFFICE BEARERS

CHAIRMAN SR. VICE CHAIRMAN VICE CHAIRMAN

Tarvinder Singh Bhasin 
Tel.: 91-22-23738856, 23724381 
Fax : 91-22-23730107 
E-mail : tsb@bharatsprings.com

Ravindra Prakash Sehgal 
Tel.: 91-33-2287-2256/8229/2290 
Fax : 91-33-2287-9938
E-mail : ravisehgal5@gmail.com
Pankaj Chadha
Tel.: 91-22-26455474 - 75
Fax : 91-22-26455478
E-mail :export@jyotisteel.com
              pankaj@jyotisteel.com

REGIONAL CHAIRMEN / CHAIRPERSON

EASTERN REGION
Arun Kumar Garodia
Tel.: 91-33-40052700
Fax : 91-33-40052800
E-mail : corona@coronaind.com
              arun@coronaind.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
Mahesh K Desai
Tel.: 91-40-27617098/5131 (O)
91-40-27765793 (R)
Fax : 91-40-27614376
E-mail : hyd1_meera@sancharnet.in
              desai.mahesh64@gmail.com
WESTERN REGION

Krishanlal Dhingra
Tel.: 91-22-64527953
Fax : 91-22-26556955
E-mail : kldhingra@gmail.com

EEPC INDIA OFFICES

TERRITORIAL OFFICE REGISTERED & HEAD OFFICE
Bhaskar Sarkar
Executive Director & Secretary
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
Suranjan Gupta
Addl. Executive Director
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
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
Vandhna Building (7th Floor)
11, Tolstoy Marg
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
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 : 91-22-4212 5556, 022-2495 5486
E-mail : eepcromum@eepcindia.net

SUB-REGIONAL OFFICE

AHMEDABAD
Sudhakaran C. K. Nair
Sr. Asst. 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
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
Srinivas Chakravarthy
Assistant Director
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
Opinder Singh
Deputy 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