Saturday, November 23, 2024
BusinessKolkata

Bengal Chamber hosts ?Steel Raw Materials Outlook?

IPFonline Limited (IPF), a leading trade information and service provider of Industrial and Engineering Products, in association with The Bengal Chamber of Commerce is hosting ?Steel Raw Materials Outlook?, a two day conference (Monday-Tuesday) at The Oberoi Grand, Kolkata, here.

The conference focuses on assessing the challenges faced by the Indian steel industry primarily rising out of inflated prices of steel making raw materials.

The conference also has a definitive scope to analyse the prospective opportunities that can equip the steel industry to face the challenges which is deeply affecting the growth of the steel industry.

Linus Lobo, COO, IPFonline Limited, said, ?The Indian steel industry has immense potential for growth but the key challenge lies in dealing with the volatility in prices for the steel raw materials effectively.

?Through this forum, we hope to evaluate the impeding factors and arrive at inferences which can help steel makers and the industry at large to negate the detrimental effect of price volatility and augment the growth of the steel sector.?

The first day of the conference on Monday witnessed prominent industry experts and influential figures like Sandipan Chakravortty, MD, Tata Steel Processing & Distribution, Gerard McCloskey, Founder Chairman, Mccloskey Group, S K Gupta, Director, JSW Steel, D V Pichamuthu, Director, Southern Region, FIMI, Ashwani Sondhi, Director, Indian Commodity Exchange, M K Sampath, CEO, Pellet Projects (India), Essar Steel and others deliberate on the predicaments staggering the growth of the industry.

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