Concrete
Malaysia Launches Anti-Dumping Probe
Investigation targets iron and steel imports.
Published
7 months agoon
By
admin
Malaysia has initiated an anti-dumping investigation into the import of iron and steel products from India, China, South Korea, and Taiwan. This probe is in response to complaints from local manufacturers about unfair pricing practices by exporters from these countries, which could potentially harm Malaysia’s domestic steel industry.
Key details of the anti-dumping investigation include:
Products Under Investigation: The probe focuses on specific iron and steel products, including hot-rolled coils and plates, which are widely used in various industries such as construction, automotive, and manufacturing. These products are crucial to Malaysia?s infrastructure and industrial sectors.
Allegations of Unfair Pricing: Local steel manufacturers in Malaysia have alleged that exporters from India, China, South Korea, and Taiwan are selling their products at prices lower than the market value, a practice known as dumping. This is believed to undercut local producers, leading to potential financial losses and market disruptions.
Impact on Indian Exporters: India, being one of the countries under investigation, may face significant implications if found guilty of dumping. Indian steel exporters could be subject to additional tariffs, which would make their products less competitive in the Malaysian market.
Probe Process: The investigation will involve collecting data from exporters, importers, and domestic producers to determine whether dumping has occurred and the extent of the damage to the local industry. The probe will assess factors such as production costs, market prices, and the economic impact on domestic manufacturers.
Possible Outcomes: If the investigation concludes that dumping has taken place, Malaysia could impose anti-dumping duties on the affected products. These duties are designed to protect local industries by increasing the cost of imported goods, thereby leveling the playing field for domestic producers.
Response from Exporting Countries: The countries under investigation, including India, are expected to cooperate with Malaysian authorities during the probe. They may also present their case to prove that their pricing practices are fair and in line with international trade laws.
Trade Relations: The outcome of this investigation could affect trade relations between Malaysia and the countries involved. It may lead to increased tensions or negotiations to resolve the issue and prevent the imposition of duties.
Global Steel Market: This investigation is part of a broader trend of increasing protectionism in the global steel market, as countries seek to shield their domestic industries from the impact of cheap imports. Similar probes have been launched by other nations in recent years, reflecting the competitive and often contentious nature of the global steel trade.
The launch of this anti-dumping probe by Malaysia highlights the challenges faced by global steel exporters, including those from India. The outcome could have significant implications for international trade dynamics, particularly in the iron and steel sectors.
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Concrete
Transforming Interior Spaces: Trendy Wall Putty Designs to Enhance Your Home
Published
2 weeks agoon
March 19, 2025By
admin
- Rustic Texture: Mimicking natural stone or aged plaster for an earthy, vintage feel.
- Wave Patterns: Adding a sense of movement and fluidity to walls, perfect for living rooms and entryways.
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- These patterns work best in bedrooms, study areas, or accent walls in open spaces.
- Statement walls in living rooms and foyers.
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Concrete
Dalmia Bharat to add 6 MnTPA Cement Capacity in Maharashtra and Karnataka
Published
2 weeks agoon
March 19, 2025By
admin
- Investment in alignment with the strategic goal of becoming a PAN India company and achieving 75 MnT capacity by FY28
- Increases capacity primarily to meet growing demand in Western India along with existing regions
Dalmia Bharat Limited, one of India’s leading cement companies, through its subsidiaries, has announced a strategic investment of approximately Rs 3,520 Crore in the states of Maharashtra and Karnataka. As part of this initiative, the company will establish a 3.6 MnTPA clinker unit and a 3 MnTPA grinding unit at its existing Belgaum plant, Karnataka coupled with a new greenfield split grinding unit with a capacity of 3 MnTPA in Pune, Maharashtra. The capex will be funded through a combination of debt and internal accruals. With this expansion, Dalmia Bharat’s total installed cement capacity will increase to 55.5 MnTPA, after considering the ongoing expansion of 2.9 MnT at Assam and Bihar. These new units are expected to be commissioned by Q4 FY27.
The Belgaum Grinding Unit will cater to the underserved Southern Maharashtra markets while enhancing share in the existing region by improving penetration. On the other hand, Pune Grinding Unit will entirely cater to the untapped Western Maharashtra markets. The initiative is a part of the company’s vision to be a PAN India player and achieve 75 MnTPA capacity by FY28 and 110-130 MnT by 2031.
Speaking on the development, Mr. Puneet Dalmia, Managing Director & CEO, Dalmia Bharat Limited, said, “This investment is a significant step in our Phase II expansion strategy, bringing us closer to strengthen our position as a pan-India player and to reach intermittent goal of 75 MnT capacity by FY28. The increase in our production capacity is primarily to meet the growing infrastructure demand in Western India.” He further added, “We remain committed in realising our goals of capacity expansion, while staying focused on operational excellence and creating long-term value for our stakeholders. The capacity additions will also continue to be in line with Dalmia Bharat’s sustainability-driven approach and its commitment to supporting India’s infrastructure and development goals.”
About Dalmia Bharat: Founded in 1939, Dalmia Bharat Limited (DBL) (BSE/NSE Symbol: DALBHARAT) is one of India’s pioneering cement companies headquartered in New Delhi. With a growing capacity, currently pegged at 46.6 MnT, Dalmia Bharat Limited (including its subsidiaries) is the fourth-largest cement manufacturing company in India by installed capacity. Spread across 10 states and 15 manufacturing units. Dalmia Cement (Bharat) Limited, a subsidiary of Dalmia Bharat Limited, prides itself at having one of the lowest carbon footprint in the cement world globally. It is the first cement company to commit to RE100, EP100 and EV100 (first triple joiner) – showing real business leadership in the clean energy transition by taking a joined-up approach.

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Dalmia Bharat to add 6 MnTPA Cement Capacity in Maharashtra and Karnataka

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