India is the fourth-largest producer of crude steel (up from eighth in 2003) and is slated to become the second-largest steel producer by 2016, as large public and private sector players strengthen steel production capacity in view of rising demand. The market value of the Indian steel sector is expected to reach US$ 95.3 billion by FY16.Driven by rising infrastructure development and growing demand for automotives; steel consumption is expected to reach 104 million tonnes (MT) by 2017. Infrastructure is India’s largest steel consumer, accounting for 63 per cent of total consumption in FY12.Steel production in India has increased at a compound annual growth rate (CAGR) of 7.9 per cent over FY09–14 to record 81.54 mtpa. The industry capacity is expected to increase to 112.5 MT by FY16. Total domestic demand for steel estimated at 113.3 million tonnes per annum (MTPA) by 2016-17.
Steel production capacity of the country expanded from about 75 million tonnes per annum (MTPA) in 2009-10 to about 101.02 million tonnes (MT) in 2013-14, when output was 81.7 MT.India produced 7.07 MT of steel in January 2015 reporting the fourth highest production level globally which was 1.7 per cent higher than the country's steel production in the same month last year.
The steel sector in India contributes nearly two per cent of the country’s gross domestic product (GDP) and employs over 600,000 people. The per capita consumption of total finished steel in the country has risen from 51 Kg in 2009-10 to about 60 Kg in 2013-14.
Types of TMT Bar available on Tradologie
Tradologie is a flexible platform on which a buyer can input his own specifications of TMT Bar to be Procured by them.Tradologie Facilitates Traders of TMT bar,steel Billets/Ingots to Buy and Sell in Bulk For Ease of Business, the following options are presently added
|Fe-415 Grade TMT Bar||Bend/Straight||8MM/10MM/12MM/16MM/20MM/28MM/32MM|
|Fe-415D Grade TMT Bar||Bend/Straight||8MM/10MM/12MM/16MM/20MM/28MM/32MM|
|Fe-500 Grade TMT Bar||Bend/Straight||8MM/10MM/12MM/16MM/20MM/28MM/32MM|
|Fe-500D Grade TMT Bar||Bend/Straight||8MM/10MM/12MM/16MM/20MM/28MM/32MM|
|Fe-550 Grade TMT Bar||Bend/Straight||8MM/10MM/12MM/16MM/20MM/28MM/32MM|
|TMT Binding wires||Bend/Straight||8MM/10MM/12MM/16MM/20MM/28MM/32MM|
Other than choosing the broad category of TMT Bar, the buyer can input other quality specifications such as TMT bar Length, TMT Bar Thickness, TMT bar size etc.
Who can be our sellers?
Tradologie only allows verified Sellers and Suppliers who have established export credentials and Manufacturing facilities to become registered seller on the platform and that too after verifying the facilities of the seller.
The Buyer shall have the option to choose from TMT bar Exporters, TMT bar Manufacturers,TMT bar Stockiest, TMT bar Wholesalers, Steel TMT Bar Traders, TMT Bar Aggregators while floating his enquiry for Negotiation
Who can be the Buyers?
Buyer on tradologie platform has to be a registered entity having credentials of TMT Bar Importer or construction companies, Builders, Real estate, Bridge construction company or can be a registered Indian TMT Bar Trader, Indian Steel Trader, TMT Bar Wholesaler, from across the country or across the Globe.