banner-1 Hon. Minister of Steel Sh. Narendra Singh Tomar
माननीय इस्पात मंत्री, श्री नरेंद्र सिंह तोमर
banner-1 Hon. Prime Minister of India
भारत के माननीय प्रधानमंत्री जी
banner-1 Hon. Minister of State for Steel Sh. Vishnu Deo Sai
माननीय राज्य इस्पात मंत्री, श्री विष्णु देव साई

Overview

Current Regular Submission

  • Monthly/daily reports the movement of steel prices.
  • Quarterly report the financial performance of the Indian steel companies.
  • Material for answering parliament question and research support for various consultative and standing committees steel.
  • Talking points for the minister and senior officials of the Ministry of Steel.

Monthly/Daily Price Report

  • Global steel overview for the month.
  • International production scenario.
  • Domestic retail market price.
  • Intra-market price comparison.
  • Comparison of landed cost of import and net sales realization in the domestic market.
  • International prices of select items of select markets.
  • Retail prices of major steel producers in India.
  • Data base of retail market prices for the last e year.
  • Comparison of current prices with historical prices.
  • Other matters of topical interest which may vary from report to report.
  • Daily price report is submitted a selected   products across international markets.

Quarterly Financial Performance of Select Steel Companies

  • Financial performance of major steel companies during the quarter.
  • Analysis related to expenditure and income of the companies.
  • Inter-firm comparison of profits and sales.
  • Comparison of profits over time.
  • Reassesment of change in profitability.
  • Segment-wise profit analysis of steel majors.
  • Sales analysis including realization.
  • Reporting of financial results of other steel companies without detailed analysis.

Work related to Award of PMs Trophy

  • Since 2008, the ERU has been the secretariat for the selection of the best integrated steel plant for PM’s Trophy.
  • Involved in all activities related to co-coordination, research assistance, organization of plant visits, selection of agencies for evaluation of parameters, preparations and presentation of draft reports of the panel of judges and all administrative work related to the award of the trophy.

Dynamic Nature of ERU Work 

  • Continuous Research : the ERU carries out some tasks an going basis as already discussed.
  • In addition, ERU being an analytical research body, assignments from the Ministry are specific in nature but are continously flowing requiring contact monotoring of the development in the industry and the economy