Village Tooran, Amloh Road,, Mandi Gobindgarh - 147301, Punjab, India, Motia Khan,, Mandi Gobindgarh - 147301, Punjab, India, No.289, Sec. Our work is exclusively for discerning readers. The secondary industry, which includes re-rolling mills that turn scrap metal into products and are spread across the country, meets 57% of India’s steel requirement. Find Us Kuldeep Singh Dhiman (Owner) Star Steel Products Focal Point, D - 41, Mandi Gobindgarh - 147301, Fatehgarh Sahib, Punjab, India Call Response Rate: 84% It was set up as an industrial area in Nabha state by Maharaja Hira Singh, the successor of the Phulkian Dynasty under the British. To read our edgy stories and access our archives, you’ve to subscribe, Mandi Gobindgarh|State Of The Economy|Punjab|Steel Industry|All India Steel Re-rollers Association|Lakshmi Steel Rolling Mills|RK Plate|Steel Roller Association|Beepur Steel Industries|Royal Steel Industries. Mandi Gobindgarh, Fatehgarh Sahib, Punjab. Well known in the Steel Industry with experience of over three decades in Rolling/Re-Rolling. J.k. Kanda,, Mandi Gobindgarh - 147301, Punjab, India, H. No. You must not reproduce, duplicate, copy, sell, resell or exploit any material on the Website for any commercial purposes. Manufacturer of Steel Billet, Cast Iron Products & Heavy Steel Casting offered by Bhawani Industries Private Limited from Mandi Gobindgarh, Punjab, India. This just added to their woes as the units near the ports cornered the little raw material that was available. “The scrap from ship-breaking has completely come to a halt. Many steel rolling mills soon popped up, till the Goldilocks balance was found and lost. Private players were invited, licencing was made easier, foreign equity investment was allowed up to 74% and import duty on raw materials was lowered. Every tonne of good quality steel could be had Rs.10,000 cheaper. The businesses are not able to afford the latest technology, since they are short of money and the banks are wary of lending to these businesses. But, all the good intentions remained on paper, say the entrepreneurs. Road, Opposite Yes Bank,, Mandi Gobindgarh - 147301, Punjab, India We are running at a capacity utilisation of only 45%. It is also referred to as Steel City of Punjab or “Loha Mandi” due to its large number of steel … “It continues to the biggest issue,” says Rajan Garg, vice-president, Steel Roller Association, Mandi Gobindgarh and owner, Beepur Steel Industries, which was shut the day we visited. “MSMEs helped the country move away from overdependence on imports, but the attitude of the ministries does not reflect that,” he says. D-2 Focal Point,, Mandi Gobindgarh - 147301, Punjab, India, #255, Sec-20-a, Harchand Mill Road,, Mandi Gobindgarh - 147301, Punjab, India, Moti Khan,, Mandi Gobindgarh - 147301, Punjab, India, 367, Gt Road, Sarhand Side, Near Jk Kanta,, Mandi Gobindgarh - 147309, Punjab, India, List of Iron & Steel Companies in Mandi Gobindgarh, Stainless Steel Products in Mandi Gobindgarh, Steel Pipes And Tubes in Mandi Gobindgarh, Stainless Steel Cables in Mandi Gobindgarh, Rolling Mill Machinery in Mandi Gobindgarh. I have seen nearly 250 units closing down over the past six years. We are running at 50% capacity utilisation.” He adds that there is shortage of nine million tonne of steel scrap across India. Our unit is running only five days a week.”. The added fee is to discourage high-paying buyers from moving away from state’s power distribution companies. It calls to mind a ghost town, an antithesis of the bustling Ludhiana barely 60 km away. While the twin weights continue to drag the units down, the MSMEs are unable to invest in their future. Copyright © 2019 Outlook Business!. This is but small comfort, given the otherwise dismal environment. The first blow came in 1992. Vimal Alloys Pvt. Mandi Gobindgarh is part of this struggling whole and has to deal with its peculiar trials. In any steel unit, the cost of electricity is a major expense, accounting for 10-15% of the total. Area,, Mandi Gobindgarh - 147301, Punjab, India, Shop No- 122 Sec- 28, Motia Khan,, Mandi Gobindgarh - 147301, Punjab, India, G.t. “Their products were always 10-15% cheaper,” says Sharma. Bhawani Industries Private Limited. There is no scrap coming in from Alang and Bhavnagar. Find here Steel Bars, Darshan Steels Bars, Alok Steel Bars, suppliers, manufacturers, wholesalers, traders with Steel Bars prices for buying. But this pipeline will traverse through Uttar Pradesh, Bihar, Jharkhand, Odisha and West Bengal. “The Sirhind-Khanna-Mandi Gobindgarh cluster was extremely prosperous,” says Vinod Vashisht, president, All India Steel Re-rollers Association (AISRA) and chairman, Lakshmi Steel Rolling Mills — one of the biggest medium-sized enterprises in the area. H. No. The landlocked town must have seemed ideal and it once was walled in, with four doors, which have now been brought down. “This cluster was established against the law of economics,” says Sushil Sharma, proprietor, RK Plate and secretary, AISRA (north zone). In May 2014, India imposed 2.5% duty on scrap metal imports, which power 60% of the country’s steel capacity. He said that his government has made raw materials more easily accessible to the industries and the next on their list is to make energy affordable, and cited Urja Ganga Yojana as an example. Being an ISO 9001:2008 certified company, we are constantly making every possible effort to upgrade our technology.We have production capacity of 1,20,000 TPA and we roll almost all kinds of alloy, special & also non-ferrous steel, which find wide applications in various industries. Around the same time, the government also implemented the e-TRIP policy, which mandated that dealers and manufacturers in Punjab were required to submit information about transactions even before goods were transported from one region to another. All pages of the Website are subject to our terms and conditions and privacy policy. The secondary industry, which includes re-rolling mills that turn scrap metal into products and are spread across the country, meets 57% of India’s steel requirement. Sharma of RK Plate says, “I might have to lock up and leave in the next five years. A recent anti-dumping policy implemented by the Centre has been a big help though, they say. There was excess capacity, and nearly half of the 300 mill owners had to shut shop within ten years. The first steel re-rolling mill was set up here in 1940 and Mandi Gobindgarh remains the largest cluster of MSMEs in the secondary steel industry. Help with technology upgradation was meant to come from the central government, under the National Steel Policy (NSP) 2017, but nothing has moved on that front. Well known in the Steel Industry with experience of over three decades in Rolling/Re-Rolling. Punjab charges industries Rs.8 to Rs.8.5 per unit, while neighbouring states such as Himachal Pradesh and Madhya Pradesh levy approximately 25% lesser. TrustSEAL Verified. That was a rare victory for the traders. GST No. Read more... Our mission and vision is to be the global steel industry benchmark for value creation and corporate citizenship. Road, Girder Market,, Mandi Gobindgarh - 147301, Punjab, India, Mugal Majra, Mandi Gobindgarh,, Mandi Gobindgarh - 147301, Punjab, India, Motia Khan, Backside Of Surbhi Gas Agencies,, Mandi Gobindgarh - 147301, Punjab, India, Talwara Road, Sirhind Side,, Mandi Gobindgarh - 147301, Punjab, India, Gt Road, Shrind Side, Opp. Another input that is causing the MSMEs much heartache is electricity. Garg says, “The NSP specifically states that testing facilities would be set up in steel re-rolling hubs and established facilities would be upgraded to cater to possible rise in demand, but that has not happened.”. If we journey back 100 years, to 1902, Mandi Gobindgarh would have seemed a different place. Mandi Gobindgarh Iron and Steel Rates Iron and steel rates are changing every day with sharp up and downs, with which mandi gobindgarh iron dealers are finding it difficult to work in this environment. We are putting out only 80-90 tonne, while we are equipped to do close to 200. Since the new state government has been elected in 2017, the fixed charges have gone up dramatically, say traders. Business listings of Steel Bars, Darshan Steels Bars manufacturers, suppliers and exporters in Mandi Gobindgarh, स्टील बार विक्रेता, मंडी गोबिंदगढ़, Punjab along with their contact details & address. Road, Opposite Yes Bank,, Mandi Gobindgarh - 147301, Punjab, India, No. “It is a crime to own a business here, because micro and small units are dying a slow death. Copyright © 2013-2014, Modi Steel, All Rights Reserved. Tune in to our exclusive coverage on how countries and companies fight back, Rust, from neglect. At the event, representatives of the Steel Re-rollers Association of Maharashtra were ecstatic and had listed the benefits of supporting the smaller players.

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