engineering export bulletin engineering the future
  • 4th Meeting of Indo-Czech JWG in Heavy Engineering & Advance Manufacturing held during 3-5 October 2016 in Brno, Czech Republic. From (L to R) Mr. Bhaskar Sarkar, Executive Director & Secretary, EEPC India; Mr. T. S. Bhasin, Chairman, EEPC India; Mr. Krishan Kumar, Ambassador of India to Czech Republic; Mr. Girish Shankar, Secretary, Department of Heavy Industry, Government of India; Mr. Eduard Muricky, Vice Minister, Ministry of Industry and Trade, Czech Republic and Mr. Miloslav Stasek, Vice Minister, Ministry of Foreign Affairs & former Ambassador of Czech Republic
  • Shri Pratap Singh Bharda, Executive Officer, EEPC India, Mumbai at India Pavilion in Wetex 2016 held during 4-6 October 2016 in Dubai, UAE
  • Signing of minutes of 4th Meeting of Indo-Czech Joint Working Group held during 3-5 October 2016 in Brno, Czech Republic by Mr. Girish Shankar, Indian Chair of the JWG and Mr. Eduard Muricky, Czech Chair of the JWG
  • Mr. T. S. Bhasin, Chairman, EEPC India addressing the gathering during the 4th meeting of Indo-Czech Joint Working Group held during 3-5 October 2016 in Brno, Czech Republic
  • Shri Anurag Bhushan, Consul General of India in UAE at EEPC India Stall with Shri Pratap Singh Bharda, Executive Officer, EEPC India, Mumbai and one of the participants at India Pavilion in Wetex 2016 held during 4-6 October 2016 in Dubai, UAE
  • Shri Anurag Bhushan, Consul General of India in UAE writing his comments at visitors book at India Pavilion in Wetex 2016 held during 4-6 October 2016 in Dubai, UAE

ENGINEERING EXPORT INFO-BULLETIN | VOL. 18 | ISSUE NO. 41 | OCTOBER 31, 2016

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

  • Public Notice No. 40/(2015-2020) - Corrigendum to Public Notice No. 38/(2015-2020) dated 6th October, 2016.
  • Notification No. 133/2016-Customs (N.T.) - Tariff Notification in respect of Fixation of Tariff Value of Edible Oils, Brass Scrap, Poppy Seeds, Areca Nut, Gold and Sliver.
  • Circular No. 48/2016-Customs - Clearance of import of metal scrap-Procedure-regarding.
  • Circular No. 49/2016- Customs - Transferability of goods imported/procured by debiting duty in SFIS scrips– regarding.
  • A.P. (DIR Series) Circular No. 12 - Deferred Payment Protocols dated April 30, 1981 and December 23, 1985 between Government of India and erstwhile USSR.
  • A.P. (DIR Series) Circular No. 13 - External Commercial Borrowings (ECB) by Startups.
chairman

My dear fellow exporters,

In order to strengthen the processing of export transactions of tax payers under GST, the Goods and Services Network (GSTN) has signed a Memorandum of Understanding (MoU) recently with Director General of Foreign Trade (DGFT) for sharing of foreign exchange realisation and Import Export code data to reduce human interface and increase transparency.

Shri Ajay K Bhalla, Director General of Foreign Trade and Shri Prakash Kumar, CEO, GSTN signed the MOU in New Delhi yesterday.

In order to upload these kind of foreign exchange realisation information related to exports, the DGFT implemented the e-RBC  project under a secured protocol. So far, 100 banks operating in India, including foreign banks and cooperative banks have uploaded more than 1.9 crore e-BRCs on to the DGFT server.

These kinds of MOUs serve as an important economic indicator as it quantifies transaction level export earnings through e-BRC data.

 

Yours sincerely,


(Tarvinder Singh Bhasin) 

Overseas Information

OVERSEAS MARKET INFORMATION

Country Note :  Kenya 

I  Introduction

The Indian Diaspora in Kenya has contributed to Kenya’s progress. Many Kenyans have studied in India. In recent times, there has been a growing trade (US$ 4.235 billion in 2014-15) and investment partnership of India with Kenya. Indian firms have invested in telecommunications, petrochemicals and chemicals, floriculture, etc. and have executed engineering contracts in the power and other sectors.

India established the office of Commissioner (later Commissioner General) for British East Africa resident in Nairobi in 1948. Following Kenyan independence in December 1963, a High Commission was established. Also, India has had an Assistant High Commission in Mombasa.

President Daniel arap Moi visited India in February 1981. President Neelam Sanjeeva Reddy and Prime Minister Indira Gandhi also visited Kenya in that year. A Joint Commission was set up in 1999. A Memorandum of Understanding (MoU) on Foreign Office Consultations was signed during the meeting.

Hon’ble Minister of State (Independent Charge) for Environment, Forest & Climate Change, Information & Broadcasting and Minister of State for Parliamentary Affairs, Shri Prakash Javadekar, visited Nairobi from June 25-28, 2014 to lead Indian delegation at the Ministerial segment of the inaugural session of the United Nations Environment Assembly (UNEA) of the United Nations Environment Programme (UNEP). The Chief of Naval Staff of India visited Kenya in November, 2014.

Box 1:Kenya’s Macro-economic Snapshot 

General Information

Capital

Nairobi

Currency

Kenyan shillings (KES) 

Language

English (official), Kiswahili (official)

Macro-economic Information

GDP

$133 billion (2014)

Exchange Rate

Kenyan shillings (KES) per US Dollar - 87.921 

Trade Related Information

Exports

$6.174 billion (2014 est.) 

Exports - commodities

tea, horticultural products, coffee, petroleum products, fish, cement 

Exports - partners

Uganda 11.8%, US 7.7%, Netherlands 7.5%, Tanzania 7.4%, Zambia 5.7%, UK 5.6%, Egypt 4.4%, Pakistan 4.3%, UAE 4.1% (2014) 

Imports

$17.61 billion (2014)  

Imports - commodities

machinery and transportation equipment, petroleum products, motor vehicles, iron and steel, resins and plastics 

Imports – partners

China 23.4%, India 21.3%, US 7.6%, UAE 6%, Japan 4.5% (2014) 

Source: CIA Factbook

II Bilateral Relations with India

Although trade links between India and East Africa go back several centuries, recent migration from India took place in the 19th and early 20th centuries via Lamu, Zanzibar and Mombasa. Indians were brought in large numbers to work on the Uganda Railroad. Merchants, artisans and others followed. Eventually, a vibrant community of persons of Indian origin, presently numbered 80,000 including an estimated 20,000 Indian citizens, emerged.

 

India offers development assistance to Kenya in the form of loans and credit. This includes a loan of Rs. 50 million to Government of Kenya in 1982 and Lines of Credit by EXIM Bank to Industrial Development Bank Capital Ltd.

India offers development assistance to Kenya in the form of loans and credit. This includes a loan of Rs. 50 million to Government of Kenya in 1982 and Lines of Credit by EXIM Bank to Industrial Development Bank Capital Ltd.

In 1998, an MoU was signed between the National Small Industries Corporation and Kenya Industrial Estates Ltd. In 2003, an MoU was signed between India Trade Promotion Organisation and Export Promotion Council of Kenya.

An Agreement was signed in July 2009 between TCIL and the Kenyan Ministry of Information and Communication regarding the project. Equipment was delivered by TCIL in 2010. VSAT terminals have been installed at Kenyatta National Hospital in Nairobi (August 2011) and at Maseno University Varsity Plaza for Learning Centre in Kisumu (September 2011). 

An India-Kenya Trade Agreement was signed in 1981, under which both countries accorded Most Favoured Nation status to each other. The India-Kenya Joint Trade Committee (JTC) was set up at Ministerial level in 1983 as a follow-up to the Agreement. The JTC has met seven times since, the last in February 2015 in New Delhi

A Joint Business Council was set up in 1985 by the Federation of Indian Chambers of Commerce & Industry and the Kenya National Chamber of Commerce & Industry (KNCCI). The KNCCI signed a Memorandum of Understanding with the Confederation of Indian Industry (CII) in 1996.

 

Bilateral trade relations

India has been one of Kenya’s largest trade partners as per the figures. India has been the top bilateral trade partner of Kenya, in terms of imports.

Trade relations between India and Kenya has more than doubled in the last few years from 2010-11 to 2014-15. Presently in 2014-15, it was valued at over USD4.2 billion from a level of about USD 2.3 billion 2010-11. The data reflect that trade between the two countries is growing with total trade showing a positive growth rate.(Box 2)

 

Box 2: India-Kenya Trade Relations  

Year

2011-2012

2012-2013

2013-2014

2014-2015

2015-2016

EXPORT

2,277.46

3,770.34

3,882.15

4,117.93

3,025.86

Growth (%)

 

65.55

2.97

6.07

-26.52

IMPORT

113.39

105.95

126.63

117.42

127.55

Growth (%)

 

-6.56

19.52

-7.27

8.62

TOTAL TRADE

2,390.85

3,876.29

4,008.78

4,235.36

3,153.41

Growth (%)

 

62.13

3.42

5.65

-25.55

 

 

 

 

 

 

 

 

Source: DGCIS, Kolkatta

With regard to India’s share in Kenya’s total import from the world, analysis shows that India’s share in most of the product groups is significantly high. This implies that there is immense potential for growth (Box 3).

In case of engineering products, within the engineering sector, Industrial Machinery for dairy, agriculture, food processing, textiles, paper, chemicals, etc account for more than 14 percent of engineering import of Kenya from India which is its highest import from world. Followed by Iron and Steel, Electric Machinery and Equipment etc. This shows the presence of India in Kenya and the good trade relations shared by the two. (Box 3)

 

Box 3:Kenya’s Top Imports from the World

Panel

Import from
World (2015)
(US$ Million)

Import from
India (2015)
(US$ Million)

Share of
India (%)

Machinery, nuclear reactors,
boilers, etc.
1473.55 193.32 13.12
Vehicles other than railway,
tramway
1614.97 141.25 8.75

Electrical, electronic equipment

1526.07

117.90

7.73

Articles of iron or steel

451.81

55.50

12.28

Aluminum and articles thereof

162.11

42.19

26.03

Source: ITC (Trade map)

 

Box 4: India`s Export to World

 

 

 

HS Code

 

 

Product Description

 

Export to World
(US$ Million) (2015-16) 

 

Export to Kenya (US$ Million)
(2015-16) 

Share of Kenya in World Exports (%)

84

Nuclear Reactors, Boilers, Machinery and
Mechanical Appliances; Parts Thereof

13292.38

190.83

1.44

87

Vehicles other Than Railway or Tramway
Rolling Stock, and Parts and Accessories
Thereof

14351.58

131.39

0.92

85

Electrical Machinery and Equipment and
Parts Thereof; Sound Recorders and
Reproducers, Television Image
and Sound Recorders and Reproducers
and Parts

7999.74

126.82

1.59

73

Articles of Iron or Steel

6,143.87

63.34

1.03

76

Aluminium and Articles Thereof

2613.84

60.8

2.33

Source: DGCIS, Kolkata

 

Box 5: India`s Import from World

HS Code

Product Description

Import from World
(US$ Million) (2015-16)

Import from Kenya
(US$ Million) (2015-16)

Share of Kenya in World Imports (%)

85

Electrical Machinery and Equipment and
Parts Thereof; Sound Recorders and
Reproducers, Television Image and Sound
Recorders and Reproducers, and Parts

35,960.14

0.18

0.001

84

Nuclear Reactors, Boilers, Machinery and
Mechanical Appliances; Parts Thereof

32,871.97

0.17

0.001

72

Iron and Steel

11,251.73

1

0.01

90

Optical, Photographic Cinematographic
Measuring, Checking Precision, Medical
or Surgical Inst. and Apparatus Parts and
Accessories Thereof

7,266.36

0

  -  

88

Aircraft, Spacecraft, and Parts Thereof

4,991.70

 

 

Source: DGCIS, Kolkata

 

Major Export Sectors to Kenya

Going by the current trend in trade and the existing potential, analysis show that there are several areas, where trade and investment relations between the two countries could be further strengthened. Some of the areas with good potential include:

  • Steel products, 
  • Machinery, 
  • Vehicles and  
  • Power transmission equipment. 

III          EXIM Bank Lines of Credit:  

  • An Agreement on extension of a Line of Credit of US$ 61.6 million by EXIM Bank of India to the Government of Kenya for utilization in the power transmission sector was signed during the visit of Prime Minister Raila Odinga to India in November 2010.
  • In April 2015, GOI approved US$100 million LOC to Government of Kenya for Agricultural Mechanization Project.

IV          Trade Blocs:   EAC- East African Community

V           Investment relations

Tata Chemicals Ltd. acquired Magadi Soda Company Limited in 2005. Several leading Indian public sector insurance companies participate in KenIndia Assurance Co. Ltd. More recent investments by Indian corporates in businesses in Kenya include Essar Energy (petroleum refining), Bharti Airtel, Reliance Industries Ltd. (petroleum retail); Tata (Africa) (automobiles, IT, pharmaceuticals, etc.). Several Indian firms including KEC, Karuturi Ltd., Kalpataru Power Transmission Ltd., Power Grid Corporation of India Ltd., Kirloskar Brothers Ltd., Mahindra & Mahindra, Thermax, WIPRO, Jain Irrigation System Ltd., Punj Lloyd, VIL Ltd., Emcure, Dr. Reddy, Cipla, Cadila, TVS and Mahindra Satyams, etc., have a business presence in Kenya as do the Bank of India and the Bank of Baroda. HDFC and the Central Bank of India have Representative Offices in Kenya.

An India-Kenya Double Taxation Avoidance Agreement (DTAA) was signed in 1989. The 2nd round of negotiations to review the DTAA was held in Nairobi in November 2010.

VI          Barriers to Trade

  • Out of 1216 Tariff lines 275 lines have tariff duty of more than 105 which discourages exports to Kenya.
  • Delays in clearance of goods at the port of Mombasa due to lengthy clearance processes
  • Non-recognition of certificates of origin 60 Connecting to global markets
  • A lack of harmonized import/export documentation procedures
  • The requirement for transit fees and bonds
  • Verification and classification of goods
  • Varying procedures for issuance of certification marks, inspection and testing by the different bureaus of standards in the region
  • The imposition of import quotas
  • Testing requirements on certain products from some countries and not others (discrimination)
  • Cumbersome testing procedures for certain imports
  • Administrative levies
  • Corrupt practices.

 VII          Missions:

High Commission of India, Nairobi
 

Address :

Jeevan Bharati Building,

Harambee Av

P.O. Box 30074-00100

NBO

Tel. :  (+254 20) 2222 566/2225 104

E-mail :  com.nairobi@mea.gov.in

Kenyan High Commission  

D1/27, Near HDFC bank, Vasant Vihar,

New Delhi,

INDIA 110 057

Tel. : (9111) 2614 6537

Fax : (+91) 11 2614 6550

E-mail : info@kenyahicom-delhi.com

VIII        Trade Bodies

i)         The Business Advocacy Fund

           Address :  The Business Advocacy Fund
                         Bandari Plaza (6th floor)
                         Woodvale Grove/
                         Westlands
                         PO Box 24735
                         Nairobi 0050
                         Contact : +254 20 445 3789
                         Website : http://www.businessadvocacy.org/bmos.php

ii)        Kenya National Chambers of commerce & Industry

           Address :  Mariam Plaza,
                         1st Floor suite 102
                         Opposite G4S Nakumatt Likoni
                         Contact : http://www.kenyachamber.co.ke/

iii)        Kenya Association of Manufactures

            Address : 15 Mwanzi Road opp West Gate
                         P.O Box 30225 - 00100
                         Nairobi, Kenya
                         Contact : +254 (020) 232481
                         Website : http://www.kam.co.ke/

IX           List of Importers

              http://kenya.importers.com/

X            Distance and Transit Time

             Sea Route   : Ahemdabad, India to Mombasa, Kenya
             Distance     : 2963.28 mi (4768.94 km)
             Time Taken : 7 days 15 hours
             Current Rate: 900 USD

             Road Route  : India to Kenya
             Distance      : 4495.98 mi (7235.58 km)
             Time Taken  : 10 days 16 hours
             Current Rate : 3349.18 USD

Source: http://www.searates.com/reference/portdistance/?B=8558&E=12788& 

TENDER INFORMATION

Ghana Ghana
(EEPC Ref. No. DB-1909)
Project           

Maternal, Child Health and Nutrition Improvement Project (MCHNP)
Loan No. : IDA 54630, TF 16617, TF 17159
Project ID No. : P145792             

DB Ref. No.  WB4877-10/16 
Issued by 

Ministry of Health
The Procurement Unit, Room No. 5
28th February Road
Near Department of National Lotteries
P. O. Box MB 44
Accra, Ghana
Tel. : +233 (0) 501228029/0501228051
E-mail : procurementmohghana@gmail.com (queries only)

Bid No.  MOH/2016/ICT/A.1.1/13 
For 

Supply of Anthropometric Equipment :
- Lot 1 : Mother/Child Weighing Scale; Quantities (Units) : 2000
- Lot 2 : Baby Electronic Scale; Quantities (Units) : 3500
- Lot 3 : Children`s Height Measuring Instrument; Quantities (Units) : 1450
- Lot 4 : Children`s Mid Upper Arm Circumference (MUAC); Quantities (Units) : 8000
- Lot 5 : Infantometer; Quantities (Units) : 2000

Tender cost  Non-refundable fee of Two Hundred Ghana Cedis (GH¢200) or Fifty United States Dollars (US$ 50.00). 
Bid Security 

- Lot 1 : US$ 6,000.00
- Lot 2 : US$ 10,000.00
- Lot 3 : US$ 5,000.00
- Lot 4 : US$ 700.00
- Lot 5 : US$ 700.00

Bid deadline  15.12.2016 
Kenya Kenya
(EEPC Ref. No. DB-1910)
Project           

Electricity Modernization Project
Lone No. : IDA 55870, IDA G2330
Project ID No. : P120014
Credit from IDA

DB Ref. No.  WB4821-10/16 
Issued by 

Electrification Projects Manager
The Kenya Power and Lighting Company Limited
Stima Sacco, 3rd Floor
Kolobot Road, Parklands
P.O Box 30099 - 00100
Nairobi, Kenya
Tel. :+254-20-3201821
E-mail : jgathuru@kplc.co.ke

Bid No.  KP1/6E-2/PT/5/16/A51 
For 

Supply of Single Phase Prepaid Meter and Meter Accessories :
Lot 1 :
- Single Phase Prepaid Meter; Quantity : 312,500

Lot 2 :
- Single Phase MCB`s; Quantity : 312,500
- Pole Mounted Meter Boxes; Quantity : 312,500

Tender cost 

Non-refundable fee of KES 1000 or equivalent amount in a freely convertible currency.

Bid Security 

- Lot 1 : 184,000 or an equivalent amount in a freely convertible currency.
- Lot 2 : 169,000 or an equivalent amount in a freely convertible currency. 

Bid deadline  08.12.2016 
Kyrgyzstan Kyrgyzstan
(EEPC Ref. No. DB-1911)
Project          

Second Vocational Education and Skills Development Project
Loan No. : 2902-KGZ
Financing from ADB         

DB Ref. No.  ADB487-10/16 
Issued by 

PIU of Second Vocational Education and Skills Development Project
720031, Manas ave. 22a, Bishkek
Kyrgyz Republic
Attn. : Mr. Z.Ashirbekov, Procurement Specialist of PIU
Tel. : +996 312 31-30-53
E-mail : piuvesd@mail.kg

Bid No.  VESDPII/G/ICB/-2 
For 

Supply of training equipment for vocational schools of the Kyrgyz Republic :
- Lot 1 : Construction, cooking, agriculture equipment
- Lot 2 : Vehicles and energy equipment 

Tender cost 

Non-refundable fee of KGS 7 000 or $ 100.00 for each set to be collected from the PIU office,
and if requesting for delivery include an additional payment of US$ 20.00 for each set for local
delivery or US$ 150.00 for each set for overseas delivery. The document will be sent by courier.
No liability will be accepted for loss or late delivery.

The method of payment will be by direct deposit to the account : "Second Vocational Education
and Skills Development Project", Agency for Vocational Education under Ministry of Labor, Migration
and Youth of the Kyrgyz Republic. The bank details are as follows:

Kyrgyz Investment and Credit Bank Kyrgyzstan (SWIFT Code : KICB KG 22)
11/1 Manas ave., 720017, Bishkek c., Kyrgyz Republic
For Kyrgyz Soms : Account No. 1280096005607588, Bank Code 128009
For US Dollars : Account No. 1280096005607487, Bank Code 128009 

Bid deadline  06.12.2016 
Source  UN Development Business Website 

Domestic Information

PUBLIC NOTICE

Dated 25 October, 2016

Public Notice No. 40/(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. 40/(2015-2020) dated 25th October, 2016 regarding Corrigendum to Public Notice No. 38/(2015-2020) dated 6th October, 2016. The above Public Notice has already been hosted in our Website (http://www.eepcindia.org/download/161028123459.pdf) for information of our Members.
Dated 31 October, 2016

Notification No. 133/2016-Customs (N.T.)



Ministry of Finance, Department of Revenue, Central Board of Excise & Customs, Government of India, New Delhi has issued a Notification No. 133/2016-Customs (N.T.), dated 31st October, 2016 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/161031154055.pdf) for information of our Members.
Dated 26 October, 2016

Circular No. 48/2016-Customs



Ministry of Finance, Department of Revenue, Central Board of Excise & Customs, Government of India, New Delhi has issued a Circular No. 48/2016-Customs, dated 26th October, 2016 regarding Clearance of import of metal scrap-Procedure. The above Customs Circular has already been hosted in our Website (http://www.eepcindia.org/download/161028123606.pdf) for information of our Members.
Dated 27 October, 2016

Circular No. 49/2016-Customs



Ministry of Finance, Department of Revenue, Central Board of Excise & Customs, Government of India, New Delhi has issued a Circular No. 49/2016-Customs, dated 27th October, 2016 regarding Transferability of goods imported/procured by debiting duty in SFIS scrips. The above Customs Circular has already been hosted in our Website (http://www.eepcindia.org/download/161028123718.pdf) for information of our Members.

EXPORT FINANCE

Dated 27 October, 2016

RBI/2016-17/101
A.P. (DIR Series) Circular No. 12




The Reserve Bank of India, Mumbai has issued A.P. (DIR Series) Circular No. 12, dated 27th October, 2016 regarding Deferred Payment Protocols dated April 30, 1981 and December 23, 1985 between Government of India and erstwhile USSR. The above Circular has already been hosted in our Website (http://www.eepcindia.org/download/161031124955.pdf) for information of our Members.
Dated 27 October, 2016

RBI/2016-17/103
A.P. (DIR Series) Circular No. 13




The Reserve Bank of India, Mumbai has issued A.P. (DIR Series) Circular No. 13, dated 27th October, 2016 regarding External Commercial Borrowings (ECB) by Startups. The above Circular has already been hosted in our Website (http://www.eepcindia.org/download/161031125035.pdf) for information of our Members.

STEEL PRICES

Steel Market Current Report

Mandi Gobindgarh
Open Market Rates of Rerollables (October 22, 2016)

(Inclusive of Excise Duty) (Trade Terms 1% Cash Discount) (Rate Rs. per Tonne)
Ingot
Arc/Ind. Furnace  
Round quality (21x25) 27,200/-
Structural quality (28x30) 27,500/-
Low carbon (12x16) -
Semi low carbon (18x21) 27,800/-
5x6 Girder quality (25x30) 27,800/-
Runners/Risers 27,800/-
Bones/Clean 27,800/-
Billets & Squares  
50x50x63x63x65x65 mm MS -
75x75x80x80x90x90 mm MS 27,800/-
100x100 mm MS 27,500/-
125x125 mm MS/ Concast -
100x100 mm Concast-Billets 27,000/-
100x100 Concast-SAIL DSP 27,000/-
H.C. Billet SAIL 150x150 mm) -
H.C. Billet-Tisco 75x75 mm) -
Blooms  
Above 251 mm Bloom (HC) 25,200/-
Above 251 mm Bloom (MS) 25,200/-
(DSP) Bloom 160x250 mm 25,200/-
130/135/140 mm (Tisco) MS -
150x150 mm Concast (DSP) 24,700/-
150x150 mm MS (SAIL) 27,800/-
Bloom Cut into pcs. (MS) 26,300/-
Bloom Cut into pcs. (Medium) 26,400/-
Bloom Cut into (Patra Pass) 25,300/-

Slabs  
Durgapur Slabs 14"x3" -
Durgapur Slabs -
Bokaro Slab Heavy -
Tata Concast Slab (Heavy) -
Skelp Tisco -
Rails  
Untested Rail - 75 lbs. 23,400/-
Untested Rail - 90 lbs. 23,400/-
Untested Rail - 105 lbs. 23,700/-
Rej. Wheel (Big) -
Rej. Wheel (Small) 23,700/-
Cut Tyre (Big) 29,000/-
Cut Tyre (Small) 23,500/-
Melting Scrap (F.O.R.)  
Rolling Mill end (Fresh) 20,500/-
Good Godown 17,600/-
Godown Scrap 17,500/-
Turning 15,400/-
Tin Tapper 17,500/-
Sponge Iron 20,400/-
Pig Iron (F.O.R.)  
Foundry Grade 31,500/-
Steel Grade 27,500/-
C.I. Turning 20,000/-
Degi Scrap 20,800/-
Deg Casting 32,000/-
Ingot Moulds (Old) 23,600/-
Ingot Moulds (New) 31,900/-
Cut Ingot Moulds 21,300/-
Open Market Rates of Finished Goods (October 22, 2016)
(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 3150/- 2940/- 2850/- 2900/- 2900/- 3120/- 3170/- 3040/-
Zindi Pass (Drawing) - - - 3120/- 3120/- 3170/- 3170/- 3075/-

                  Above rates of 6 mm rounds are of length up to 14’ Above 18’ = 2860/-

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 3040/- 3005/- 3195/- 3245/- 3295/- 3365/- 3420/-
M. S. Squares 4 mm 5 mm 6 mm 8 mm 10 mm 12 mm 16/20 mm 22/25 mm
Mild 3150/-
2940/-
2850/-
2780/-
2780/-
2810/-
3115/-
3040/-
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 3220/- 3170/- 3170/- 3170/- 3120/-
- - - - - -
5 mm 3150/- 3130/- 3095/- 3095/- 3095/- 3095/-
3130/- 3150/- - - -
6 mm 3150/- 3130/- 3095/- 3095/- 3095/- 3095/- 3130/- 3150/- - - -
10 mm - - - - - - - - 3220/- - -
12 mm - - - - - - - - -

3420/-

-
16 mm - - - - - - - - - - 3520/-
M. S. Flats 20 mm 25 mm 32 mm 37 mm 50 mm 65 mm 75 mm 100 mm
3 mm 2880/- 2900/- 2910/- 2920/- 3050/- 3550/- 3450/- 3280/-
5 mm 3150/- 3130/- 3130/- 3070/- 3070/- 3070/- 3070/- 3070/-
6 mm 3150/- 3130/- 3130/- 3070/- 3070/- 3070/- 3070/- 3070/-
10 mm - - 3130/- 3050/- 3050/- 3050/- 3050/- 3050/-
12/25 mm - - 3130/- 3050/- 3050/- 3050/- 3050/- 3050/-
18/19 Gauge 3350/- 3330/- 3330/- 3330/-
3400/- 3580/- 3500/- 3320/-

[Prices at other stockyards may vary]                                              [Source : Steel Town (Weekly), October 22, 2016]

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
NOTHERN REGION
Kamna Raj Aggarwalla
Tel.: 91-181-2642001/02/03/04
Fax : 91-181-2642005
E-mail : gdpa@vsnl.net
              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
Vinayaka Complex(2nd Floor)
44/45, Residency Road Cross
Banglore 560025
Tel.: 91-80-25581396, 25588669
Fax : 91-80-25586914
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