SUMANSPEAKS June 23, 2026 SumanSpeaks Independent Capital Markets Intelligence · Estd 2006 Legal Intelligence · EPC Sector The Court That Keeps Giving SEPC Ltd (₹6.82) Another Chance to Breathe From a ₹195 crore Singapore arbitration decree to a ₹2 crore salary lifeline — how the Madras High Court became the most interesting character in SEPC's ongoing legal saga, and why the retail investor is watching the wrong plot entirely Indian markets love to price fear. And when a company simultaneously carries a Singapore arbitration award, a CRISIL D rating, and a Madras High Court order on its file, the average retail investor does not pause to read the fine print. He sells first, panic-tweets second, and asks questions never. SEPC Limited (BSE: 513446) has been living in this particular purgatory for over three years — down on bad days, overlooked on good ones, and relent...
Steel imports up 28% at .29 bn in FY15: Govt
[Editor: It is irony that the Narendra Modi government is promoting the overseas steel companies instead of supporting the domestic ones. The Modi government probably thinks that putting import curbs might fuel inflation; but I strongly feel that this is an unethical method to quell the inflation tiger. Also, we are yet to know whether, the government has any clandestine understanding (deal) with the steel importers or not]
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| Photo: International Business Times |
India, the world's fourth-largest steel producer, had imported steel worth USD 12.71 billion in 2013-14, data presented by the Minister of State (Independent Charge) Commerce and Industry Nirmala Sitharaman in the Lok Sabha showed. India's out-bound shipment of the metal, however, grew marginally to USD 16.24 billion in 2014-15, from USD 16.03 billion in the year-ago period, the data showed.
The data for 2014-15 are on a provisional basis. "India has been a net importer of steel since 2007-08 until 2013-14 when the country became a net exporter for that year only. In 2014-15 again, India was a net importer of steel," Sitharaman informed the House.
In 2014-15, the Minister said capacity utilisation of the Indian steel industry improved to 85 percent provisionally from 80.9 percent in 2013-14. Production of crude steel was 7.9 percent higher at 88.12 million tonnes (MT) in 2014-15.
"In the present deregulated market set-up, imports of steel are completely market driven and take place mainly due to the domestic non-availability or limited availability of specialised steel products and partly due to price considerations," she added.
Courtesy: Moneycontrol.com
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