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For more stronger and transparent steel trade, BSE Inks MoU to allow trade in steel futures on BSE

Steel Users Federation of India and BSE sign MoU to allow trade in steel futures on Sensex, hope listing will help with much-needed transparency, level playing field and investment boost to sector.

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Steel Scenario organises Steel Scenario: Today and Tomorrow conference in partnership with SUFI

More than 150 delegates attended the event

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SUFI board meets Steel Minister of India to take forward agenda of Steel Policy, 2017

Mumbai, 02nd August 2018: Steel Users Federation of India (SUFI) – delegation led by Shri Nikunj Turakhia President (SUFI), Shri Mitesh Prajapati  - Gen Secretary,  Shri Vinod Bane Secretary, Shri Samir Sanghvi, empanelled members of GST Committee CA  and Shri Abhijeet Sinha E.O.D. B National Programme Director recently met the Hon’ble Steel Minister Govt of India Shri Chaudhary Birendra Singh and Shri Sameer Shukla PS Ministry of Steel at Udyog Bhuvan, Delhi to present various activities done by SUFI  and challenges being faced by the steel fraternity and the road ahead.

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‘GST authority assures, solutions will be provided to protect the interest of genuine buyers’, says Nikunj Turakhia

Mumbai, 28th July 2018: Steel Users’ Federation of India (SUFI) – delegation led by President (SUFI)- Shri Nikunj Turakhia as well as Senior Vice-President- Shri  Sanjeev Mehta, Secretary- Shri Mitesh Prajapati and empanelled members of GST Committee CA Samir Sanghvi and CA Manish Agrawal held a meeting with Hon’ble Commissioner of Goods and Service Tax- Shri Rajiv Jalota Ji and Hon’ble Joint Commissioner of Goods and Service Tax- Shri Dhananjay Akhade Ji, Mumbai on Friday, 27th July 2018 at GST Department, Mazgaon, Mumbai. 

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SUFI represents strongly for TDS like mechanism for GST payment default by seller.

SUFI- Steel Users’ Federation of India - delegation led by Shri Samir Sanghvi, Chartered Accountant as well as empanelled member of GST Committee - SUFI attended interactive session with Hon’ble Interim Finance Minister Shri Piyush Goyal ji on Sunday, 15th July 2018 at Sahyadri Guest House, Malabar Hill, Mumbai held on first anniversary of GST. 

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Nikunj Turakhia appointed to Member-Steering Committee for ease of doing business program 2018

Mumbai, 09th July 2018: Steel Users Federation of India (SUFI) president Nikunj Turakhia has been elected as Member- Steering Committee under Regulatory Association and Authority Category for Ease of doing business Program 2018.

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SUFI announces the 02nd supplement GST DECODED FOR STEEL booklet (E Way Bill special edition)

Finance Minister Of Maharashtra Unwraps A Booklet In Mumbai

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Trade association rep meet GST Commissioner to discuss the problems related to e-way bill

Discussion between businessmen and GST Council officials to be held next week to resolve the problems of businessmen

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India overtakes Japan, becomes 2nd largest producer of crude steel

Mumbai, 04th April 2018: In a major achievement, India overtook Japan to become the second largest producer of crude steel in Feb 2018. At present China is the largest producer of crude steel in the world producing more than 50% of the steel produced in the World.

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SUFI Post Budget and E Way Bill Seminar receives all-round appreciation

Mumbai, 05th February 2018: The Steel Users Federation of India (SUFI) has successfully concluded its post budget seminar in Mumbai. This year the event has been more illuminating and thought provoking as the organiser has added a special session to address the issues that has been faced by the trading and business community in Maharashtra with the promulgation of E- Way Bill.

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Maharashtra FM Sudhir Mungantiwar unveils book which decodes GST for Steel

· This book has been published by Steel Users Federation of India (SUFI) to facilitate businessmen.

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Details reports on SUFI Steel Awards 2017

The SUFI Steel Awards 2017 was held in the grand presence of chief guest Shri Subhash Desai, Industries Minister, Govt of Maharashtra and Guest of Honor Dr. A. S. Firoz, Chief Economist JPC Ministry Of Steel among other eminent officials and industry personalities. 

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SUFI Steel Awards 2017 Holds Jury Meet

Mumbai, December 5th, 2017: Taking forward the preparation of the upcoming Steel Awards 2017, The Steel Users Federation of India (SUFI) held jury meet on 4th December in Mumbai.

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Steel Group in association with SUFI holds 2nd Automotive Steel Summit 2017 in Pune

Pune, 15th September 2017: After the overwhelming response and success of the 5th GCP Summit and 3rd Steel Long Products Summit, Steel Group and SUFI organised the 2nd Automotive Steel Summit today at Hotel Westin, Pune. 

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Post GST, Low GDP growth - Cause of concern

Mumbai, 06th September 2017: India currently being the world's (third) largest producer of crude steel is expected to become the second largest producer by 2020. The steel sector in India contributes nearly 2% of the country’s GDP and employs over 600,000 people.

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SUFI attends 3rd Steel Long Product Conference in Chittagong, Bangladesh

Mumbai, 11th July 2017: Steel Users Federation of India (SUFI) attended 3rd Steel Long Product Conference held today at Radisson Blu, Chittagong, Bangladesh organised by Steel Group. The information packed day covered various topics aimed at informing stakeholders on relevance and future of steel industry.

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SUFI announces ‘GST-DECODED FOR STEEL’ booklet

Mumbai, July 05, 2017: Steel Users Federation of India (SUFI) announced ‘GST- Decoded for Steel’ booklet and unveiled by Shri Rajeev Jalota, Commissioner of Sales Tax yesterday in Mumbai.

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‘Bright Spot’ recognition is an honour and a responsibility at the same time, says Nikunj Turakhia, President, SUFI

Mumbai, June 10th 2017: India has been recognized as the global steel production ‘bright spot’ in the latest BMI Research report.  The report has ascribed sector’s success to government’s boost to grow current capacity in order to meet demands from the construction, automotive and infra sectors.  The report highlighted Indian steel giants such as Steel Authority of India Ltd (SAIL) and Tata Steel as the major drivers for the growth. 

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SUFI Meets Shri. Nitin Gadkari, over “Eastern Waterfront Development

Mumbai, June 02nd 2017: In a meeting held yesterday, a delegate of Steel Users Federation of India (SUFI) met Shri. Nitin Gadkari, Honorable Minister of Transport and Shipping, at his office in New Delhi. The agenda was to discuss eviction notices issued to lease holders of innumerable establishments of steel traders on MbPT (Mumbai Port Trust) leasehold land. The notice is issued under government scheme of Eastern Waterfront development.

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“The Anti-Dumping Duty on hot rolled in-line with the New Steel Policy” says, Nikunj Turakhia, President of SUFI

Mumbai, 13th May 2017: In a latest announcement the finance ministry has imposed anti-dumping duties ranging from $478 to $ 489 per tonne on hot rolled alloy and non alloy coils and $561/mt on hot rolled plates when imported from China PR, Japan, Russia, Indonesia, Brazil and South Korea in a bid to curtail imports and protect the domestic steel industry.

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“The National Steel Policy 2017 is a Road Map of the Future, and can deliver more” says Nikunj Turakhia, President of SUFI1

Mumbai, 05th May 2017: In a major boost to increase production capacity by 2030, the Union Cabinet, chaired by the Prime Minister Narendra Modi, approved the much awaited new National Steel Policy on Wednesday, which plans an investment of upto Rs 10 lakh crore.  The new announcement brings a breadth of fresh air for the sector that has been struggling to keep pace with growing steel demands of India, leading to imports from countries such as China & Japan.

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Steel Group & SUFI Holds 5th Galvanizing Coating & Profiling Summit Goa 2017

Goa, Friday, April 08th 2017: Steel Users Federation of India (SUFI) conferred with Steelgroup.co.in for their 5th edition of Galvanizing, Coating & Profiling (GCP) Summit held on April 7th at Zuri Resort, Salcete, Goa. Emerged as the premium event for the steel industry, the information packed day covered various topics aimed at informing stakeholders on relevance at all levels of the GCP industry.

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