Imports in February 2017 (0. Import of total finished steel at 6."During April-February 2016-17, crude steel production was 89.5 per cent at 8.49 mt) was down by 46 per cent over February 2016 and by 19 per cent over January 2017..The consumption of steel in February increased marginally by 3 per cent over the same month in 2016, the latest government data showed.3 per cent over the same period last year," it said.wholesale Hex Nuts Factory From ChinaThe overall crude steel production in February 2017 saw an increase of 8."Export of total finished steel was up by 77.62 mt) over the same period of last year," the data showed.5 per cent over the year-ago period.75 mt) was up by 150 per cent over February 2016, but declined by 15 per cent over January 2017.08 mt.22 mt.Exports in February 2017 (at 0.

The quantum jump in exports comes at a time when the government is providing extensive support to the domestic steel industry by way of trade remedial measures, including anti-dumping.08 mt, a growth of 9.The consumption of total finished steel saw a growth of 3.New Delhi: The steel exports in February registered a growth of 150 per cent while  imports came down by 46 per cent.59 mt in the first 11 months of 2016-17 declined by 38.6 per cent in April-February 2016-17 (6

S..The engineering export  have fallen by over 14 per cent in the first eight months of the current fiscal to $39. Further safeguard measures are being contemplated on steel plates and slabs. Bhasin said if the MIPs at a level being debated are imposed, the landed cost of a variety of steel products would more than double, raising a question mark on the sheer survival of the millions of SME export firms which will be forced to pay much higher price for their raw material."All this is being done without taking into consideration  the impact that such action will have on the MSMEs," the EEPC said.85 billion from $46.

This would be at the cost of thousands of small and medium industries who depend on cheap imported steel, it said.55 billion in the comparable period of last year.The EEPC said that the ministry was protecting the handful of primary steel producers on the grounds that they are overleveraged Hex Nuts Factory From China Manufacturers and their bank loans could become NPAs.Engineering exporters’ apex body EEPC India has sent a strong protest to the commerce ministry, alleging that it would be protecting a handful of steel producers if it goes ahead with restricting steel imports by way of fixing the Minimum Import Price (MIP).In a strong note to the commerce secretary Rita Teotia, EEPC chairman T.Since June 2015, it pointed out, the steel sector has been provided a range of protection including the raising of import duties by five per cent on all categories of steel and imposition of safeguard duties on more than 62 steel products

It has already overshot the Insolvency and Bankruptcy Code (IBC) stipulated maximum time of 270 days by a big margin. Banks and other creditors have total debt exposure of close to Rs 49,000 crore in the company.The fresh offer for settlement by Essar Steel has been made under Section 12A of the IBC that allows for the withdrawal of a company from corporate insolvency resolution proc­ess.In two separate petitions filed at the Ahmedabad bench of the NCLT, a total of 28 operational creditors had asked the tribunal to stay further resolution proceedings till their grievances are addressed. He also requested for a day-to-day hearing of the matter so that the matter could be decided without further delays.ESIL is among the list of top 12 large corporate debt­ors, which was referred by the RBI for resolution in insolvency courts. It also issued a letter of intent (LoI) to the Luxembourg-based steel maker. At a meeting early this month, the committee of creditors (CoC) declared ArcelorMittal’s bid as the successful resolution applicant with a total bid amount of Rs 50,000 crore.Sources said Mihir Joshi, arguing for Essar Steel, countered that the action being taken by the CoC was unusual and taken in haste when a better and higher offer was being given.The second petition, filed by Orissa Stevedores that is owed Rs 20.. This is allowed only if the person or entity that initiated such proceeding gets 90 per cent of the voting share of CoC for withdrawal of insolvency application.   

The shareholders of Essar Steel countered this plan by submitting their own proposal to the CoC, proposing full settlement of the entire admitted claims of the financial creditors, operational creditors, workmen and employees aggregating to Rs 54,389 crore.New Delhi: There is yet another spanner in the works for the Essar Steel insolvency resolution with the lenders of the insolvent entity asking the National Company Law Tribunal (NCLT) to dismiss a petition from company’s shareholders that has proposed to take it out from insolvency process by settling entire claim of creditors.Arguing on behalf of Essar Steel’s creditors’ committee, counsel Ravi Kadam told the tribunal that the new offer by the Ruias was "not maintainable" and hence be dismissed.At the tribunal’s hearing, the lawyer for Essar Steel’s resolution professional said that Numetal had not paid its dues as instructed by the Supreme Court on an earlier date. Justice HP Chaturvedi deferred the matter for hearing to December 10, saying the bench was not in full strength.46 crore, also made a similar demand while asking the CoC to provide a copy of ArcelorMittal’s resolution plan.The first petition, moved by 27 operational creditors, asked the tribunal to direct the committee of creditors to ensure full payment to them and take necessary steps to modify ArcelorMittal’s resolution plan for that.The resolution for Essar Steel has been topsy-turvy from the very beginning. Senior China Hex Nuts Suppliers counsel Abhishek Manu Singhvi, arguing on behalf of ArcelorMittal, said the company has been issued LoI by lenders for the sale of Essar Steel. Alternatively, it asked the tribunal to direct the le­nders to also consider the Ruia family’s last-minute offer that promises to repay all creditors in full

"We believe we have a large number of the pieces in place required to make this a success, including a management team with vast experience of steel making and processing," he said in a statement.  

We are confident we can turn the business around."Liberty believes the UK steel industry can achieve long-term viability if based on an agile, sustainable, non-cyclical model," the company said a statement.Sanjeev Gupta's metals group Liberty House and a management buyout team called Excalibur said they had submitted an initial expression of interest in buying the assets ahead of a 1600 GMT deadline.Excalibur Steel UK, led by Tata's UK strip products director Stuart Wilkie, also confirmed its interest, saying it had made huge progress in pulling together a plan that would enable the management and staff to take a stake in a strategic British industry.The government has offered hundreds of millions of pounds in support to potential buyers and said it could take a 25 per cent stake in the firm.Liberty's Executive Chairman Gupta was the first businessman to express an interest in Tata's loss-making assets which include the Port Talbot steel plant in Wales, and on Tuesday the firm said it had submitted a bid.

The two groups had been racing to submit their interest after India's Tata Group announced plans in March to sell its entire UK steel operation, which had been hit by cheap Chinese imports, soaring costs and weak demand.Britain's government has also offered help in lowering the cost of energy for steel works and with workers' pensions to China metric nuts Suppliers try to save the industry but says its efforts are not linked to the EU referendum on June 23.Keen to avoid the loss of 10,000 jobs, the government has offered hundreds of millions of pounds in support to potential buyers and said it could take a 25 per cent stake in the firm.Indian-born Gupta, who established Liberty House while a student at Cambridge in the early 1990s, has said Port Talbot and its jobs could be saved if the giant blast furnaces were replaced with facilities to process imported slab steel instead. London: Two groups signalled their interest in buying the British assets of Tata Steel on Tuesday, offering hope that thousands of jobs could be saved after weeks of uncertainty.."Last week, Prime Minister David Cameron visited Port Talbot and said any sale of Tata's British assets would have to cover the whole of the business.Britain's Business Secretary Sajid Javid also postponed a major trade visit to Iran to focus on the future of the steel industry at home.Liberty confirmed that Macquarie Capital and the State Bank of India had been appointed as financial advisers for the deal.Those campaigning to leave the bloc have seized on the crisis, accusing the EU of not doing enough to stop Chinese imports and have blamed the bloc's rules on state aid for preventing government intervention

I’m standing on the palm fringed beaches of Sindhudurg, a beautiful coastal town in Maharashtra close to the border of Goa. The virgin beaches and pristine waters entice the eye but the speciality of this region undoubtedly is its traditional Malvani cuisine.  

Like all coastal food, fish and coconut dominate but in addition their signature spices, it’s the liberal use of peanuts in the food that adds special crunch and flavour.My guide through the ABC’s of Malvani cuisine is Shagun Mehra who runs a stunning boutique hotel here called Coco Shambhala (just four private villas). Nestled in a tropical garden, barely 200 metres off the beach, the villas are designed as inclusive, barefoot retreats. "Our kitchen is an exciting platform for us to experiment with local, seasonal and fresh ingredients. The recipes are inspired from the authentic coastal cuisine of Malvan and its luscious produce with dishes such as sol kadi, Komadi wholesale carbon steel nuts vade and Malvani curry.Malvani food celebrates the very best of fresh seafood and local produce from the Sindhudurg coast. "At Coco Shambhala all our ingredients are sourced from within a 50 km radius of the resort and peanuts play an important role in our daily changing menus as they are so versatile," says Shagun.All about the PeanutPeanuts or moongphali, roasted and salted and sold on the streets in paper cones, make for a great snack. It is equally versatile in the kitchen and is widely used in Gujarati and Maharashtrian cuisine.Born in tiny cluster pods underground, which are then dug up and dusted, peanuts grow all over the world - most widely in USA.Peanut shells are beige and rough on the surface whilst the actual peanut is fresh and moist. Once dry they turn dark and brittle.Now here’s a big surprise — peanuts aren’t really nuts. They are actually legumes, and so are more closely related to soybeans and lentils than to almonds and walnuts. But like tree nuts, peanuts can be eaten as a filling snack or as a protein-boosting ingredient in a variety of ways.COOKING WITH PEANUTSIn Western India, peanuts are ground, crushed or used whole in both dal and vegetables. They enhance the flavours of certain leafy vegetables like spinach as well as potatoes and sesame seeds. To cook, crush coarsely and add to hot oil. Fry until they begin to change colour then add the rest of the ingredients. Perfect in cucumber salad with a tadka of peanut and curry leaves.Another novel tip for cooking with peanuts is to add it as an ingredient in stuffing as it lends volume and enhances the taste and texture. In India, peanuts are a major ingredient in sweets such as chikki. HEALTH BENEFITS OF PEANUTSMany people avoid peanuts because they are supposed to have a high fat content compared to the other ones in the same family.  

Hence they miss out on host of health benefits.For starters, peanuts are great for your heart as they are loaded in monounsaturated fats, the type of fat that is emphasized in the heart-healthy Mediterranean diet. Studies of diets with a special emphasis on peanuts have shown that this little legume is a big boost for a healthy heart.That’s not all. "Peanuts are great sources of vitamin E, niacin, folate, protein and manganese. They contain a rare ingredient called resveratrol, the phenolic antioxidant also found in red grapes and red wine that is thought to be responsible for the fact that in France, people consume a diet that is not low in fat, but have a lower risk of cardiovascular disease compared to the U.S," says Pune-based dietician Malini Mukhi.The best part is that peanuts are affordable to all as opposed to nuts like almonds and pistachios yet have the same nutritional benefits as their upscale relatives! An ounce a day of nuts — roughly a quarter cup or a small handful — is a generally a healthy portion.A word of caution: Try and eat them plain without an overload of salt to get the best benefits.