Bringing together all stakeholders in the Indian Steel Industry

Bringing together all stakeholders in the Indian Steel Industry

Steel ministry fetches discounts for MSME sector. India: Maruti Suzuki increases CR-trimming scrap prices by up to INR 6,850/t ($90/t)). India: Ferro silicon prices remain range bound on moderate demand. China: Steel billet prices rise $8/t. Stocks of main finished steel products in China down 2.2% in mid-March.

About

Steel Users Federation of India popularly known as ‘SUFI’ has achieved remarkable success in a short span of time to bring various Stakeholders of the Steel industry on a common platform and is marching towards achieving its objective to achieve higher per capita consumption of Steel and thereby promoting growth and excellence in the Steel industry.

Steel – is a building block of an economy. As a core sector it has to have a lion’s share for realizing the dream of  ‘A Developed India, A New India’. SUFI is helping the country achieve this dream.

For the last five years since its inception, SUFI has taken various steps to strengthen the Steel industry. It has organized seminars/conferences in India and abroad, has contributed to GST by bringing out ready reckoner on GST viz. ‘GST- DECODED FOR STEEL’, held GST Workshops and Help-Desk, had regular dialogue with the Government on a variety of policy issues affecting Steel Sector. In July 2021, SUFI launched Commodity forward contract for Mild Steel billets on BOMBAY STOCK EXCHANGE (BSE) viz. ‘SUFIBLT’. This contract gives an opportunity to Steel Users/ Trade and Mills to hedge their position and do risk mitigation.

300+

Number of SUFI members

SUFI News

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India: Odisha iron ore production to rise sharply to 142 mnt in FY22 – OMC Director.

Tata Steel selected member of worldsteels New Sustainability Charter.

India may consider alternative pay system for exporters if Russia-Ukraine war continues for long.

Activities

Publications

Monthly newsletter on various topics related to steel trade & commerce.

Organising Events

Organising conferences and summits on steel at National & International level.

SUFI Steel Awards

Organising SUFI steel awards, which the only awards in the Indian steel industry

Regular Representation to Govt

Continuous dialogue with Policy makers in order to address challenges faced by various stakeholders.

Daily Steel News

Daily updates on latest news in both domestic and international steel industry on Whatsapp.

Daily Price Updates

SUFI sends daily price updates on current and futures steel market.

Activities

Publications

Monthly newsletter on various topics related to steel trade & commerce.

Organising Events

Organising conferences and summits on steel at National & International level.

SUFI Steel Awards

Organising SUFI steel awards, which the only awards in the Indian steel industry

Regular Representation to Govt

Continuous dialogue with Policy makers in order to address challenges faced by various stakeholders.

Daily Steel News

Daily updates on latest news in both domestic and international steel industry on Whatsapp.

Daily Price Updates

SUFI sends daily price updates on current and futures steel market.

Upcoming Events

August 25

2022

SUFI STEEL AWARDS 2021 - 3rd Edition

Innovation | Leadership | Excellence

Days
Hours
Minutes
Seconds

Past Events

SUFI Steel Awards 2021 – 3rd Edition
Steel Users Federation of India
Unveiling of GST-Decoded for Steel
Unveiling of GST-Decoded for Steel by Shri. Rajiv Jalota
GCP Summit (5th edition)
GCP Summit (5th edition) orgranized by steel group in association with SUFI

2nd edition of Budget Meet

SUFI participation in BSE Bull Run 2020

Felicitation Ceremony

Member Associations