Concrete

Malaysia Launches Anti-Dumping Probe

Investigation targets iron and steel imports.

Published

2 years ago

August 21, 2024

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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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UltraTech Cement FY26 PAT Crosses Rs 80 bn

Company reports record sales, profit and 200 MTPA capacity milestone

Published

17 hours ago

April 29, 2026

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UltraTech Cement reported record financial performance for Q4 and FY26, supported by strong volumes, higher profitability and improved cost efficiency. Consolidated net sales for Q4 FY26 rose 12 per cent year-on-year to Rs 254.67 billion, while PBIDT increased 20 per cent to Rs 56.88 billion. PAT, excluding exceptional items, grew 21 per cent to Rs 30.11 billion.

For FY26, consolidated net sales stood at Rs 873.84 billion, up 17 per cent from Rs 749.36 billion in FY25. PBIDT rose 32 per cent to Rs 175.98 billion, while PAT increased 36 per cent to Rs 83.05 billion, crossing the Rs 80 billion mark for the first time.

India grey cement volumes reached 42.41 million tonnes in Q4 FY26, up 9.3 per cent year-on-year, with capacity utilisation at 89 per cent. Full-year India grey cement volumes stood at 145 million tonnes. Energy costs declined 3 per cent, aided by a higher green power mix of 43 per cent in Q4.

The company’s domestic grey cement capacity has crossed 200 MTPA, reaching 200.1 MTPA, while global capacity stands at 205.5 MTPA. UltraTech also recommended a special dividend of Rs 2.40 billion per share value basis equivalent to Rs 240.

Concrete

Towards Mega Batching

Optimised batching can drive overall efficiencies in large projects.

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2 days ago

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India’s pace of infrastructure development is pushing the construction sector to work at a significantly higher scale than previously. Tight deadlines necessitate eliminating concreting delays, especially in large and mega projects, which, in turn, imply installing the right batching plant and ensuring batching is efficient. CW explores these steps as well as the gaps in India’s batching plant market.

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Large-scale infrastructure and building projects typically involve concrete consumption exceeding 30,000-50,000 cum per annum or demand continuous, high-volume pours within compressed timelines, according to Rahul R Wadhai, DGM – Quality, Tata Projects.

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Concrete

Andhra Offers Discom Licences To Private Firms Outside Power Sector

Policy allows firms over 300 MW to seek distribution licences

Published

3 days ago

April 27, 2026

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The Andhra Pradesh government will allow private firms that require more than 300 megawatt (MW) of power to apply for distribution licences, making the state the first to extend such licences beyond the power sector. The policy targets information technology, pharmaceuticals, steel and data centres and aims to reduce reliance on state utilities as demand rises for artificial intelligence infrastructure.

Approved applicants will be able to procure electricity directly from generators through power purchase agreements, a change officials said will create more competitive tariffs and reduce supply risk. Licence holders will use the Andhra Pradesh Transmission Company (APTRANSCO) network on payment of charges and will not need a separate distribution network initially.

Licences will be granted under the Electricity Act, 2003 framework, with the Central and State electricity regulators retaining authority over terms and approvals. The recent Electricity (Amendment) Bill, 2025 sought to lower entry barriers, enable network sharing and encourage competition, while the state commission will set floor and ceiling tariffs where multiple discoms operate.

Industry players and original equipment manufacturers welcomed the policy, saying competitive supply is vital for large data centre investments. Major projects and partnerships such as those involving Adani and Google, Brookfield and Reliance, and Meta and Sify Technologies are expected to benefit as capacity expands in the state.

Analysts noted India’s data centre capacity is forecast to reach 10 gigawatts (GW) by 2030 and cited International Energy Agency estimates that global data centre electricity consumption could approach 945 terawatt hours by the same year. A one GW data centre needs an equivalent power allocation and one point five times the water, which authorities equated to 150 billion litres (150 bn litres).

Advisers warned that distribution licences will require close regulation and monitoring to prevent misuse and to ensure tariffs and supply obligations are met. Officials said the policy aims to balance investor requirements with regulatory oversight and could serve as a model for other states.