Maruti Suzuki India
The country’s largest passenger car manufacturer, Maruti Suzuki India Ltd reported sales of 182,448 units in October, a 18.9 percent growth over 153,435 last year.
Total domestic sales was 166,825 units, and 6,037 units for other OEMs. Exports are up at 9,586 units in October.
MSI’s mini segment, which includes Alto and S-Presso, has registered sales of 28,462 units in October as against 28,537 units sold in the year-ago month.
The compact segment - WagonR, Swift, Celerio, Ignis, Baleno, Dzire, Tour S - has registered sales of 95,067 units. This has grown by 26.6 percent as only 75,094 units were sold by this segment in October of 2019.
Sales of Ciaz in mid-sized sedan segment declined 40 percent from 2,371 units in the previous year.
Maruti’s utility vehicle (UV) range includes Gypsy, Ertiga, S-Cross, VitaraBrezza, XL6. These managed to register sales of 25,396 units in October, as against 23,108 units sold lat year.
Sales in vans were 13,309 units, growth of almost 33 percent.
This despite the fact that the Omni is no longer on offer in this segment and it is only the EECO which is generating sales for Maruti in the Vans segment.
In the light commercial vehicle (LCV) segment, Maruti registered sales of 3,169 units in September.
Their only LCV on offer, Super Carry managed sales of 2,429 units in same month last year.
Hyundai Motor
Hyundai Motor India (HMIL) registered cumulative sales (domestic + exports) of 68,835 units in October, up by 8.2 percent as compared to 63,610 units in the same month of last year.
Denne historien er fra November 2020-utgaven av Steel Insights.
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Denne historien er fra November 2020-utgaven av Steel Insights.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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Steel's Net Zero mission
The country’s commitment to achieving Net Zero within a targeted timeframe will now propel its steel sector towards a sustainable future in line with global trends.
Fuel Price Hike, Supply Chain Disruption Hurt Festive Sales
Supply chain disruptions and fuel price hikes have hurt festive sales in a big way as most auto majors posted decline in sales in October.
Seaborne coking coal offers remain range-bound
Seaborne coking coal offers moved in a narrow range in October amid global supply tightness and healthy spot demand.
Global crude steel output down 8% in September
China manufactured 74 mt in September, fall of 21% y-o-y while India’s production went up by 7% to 10 mt.
MOIL embarks on expansion projects
“Even though our country is blessed with manganese ore reserves, we import 50% of the domestic requirement. We have to lower our import dependence and save precious foreign exchange.” Ram Chandra Prasad Singh, Steel Minister
Iron ore handled by major ports down 17% in H1
The 12 major Indian ports handled 27 mt of iron-ore during H1 of 2021, down by 17% from 33 mt recorded for the corresponding period of previous year.
Shrinking China output to boost India exports
“In the third quarter of 2021, the company actively responded to the pressure from external policies, such as production curtailment and dual control system on energy consumption and intensity, as well as coal resource shortage and surging prices.” Baoshan Iron and Steel Co Ltd
Indian Railways' iron-ore handling up 25% in H1
Indian Railways in April-September of 2021 (H1) transported 84 mt of iron ore, up by 25% over 67 mt during April-September 2020.
September crude steel production up 7.2% y-o-y
India’s crude steel production in September 2021 grew 7.2 percent to 9.547 million tons (mt) over September 2020 but was down by 3.2 percent from August 2021 output, provisional steel ministry data showed.
“Five enablers: way forward to sustainable cleaner steel”
Right and scalable technology, appropriate policy guidance by government, access to finance to fund transition, willingness of customers to pay for cleaner products and infrastructure for use of new technologies are the need of the hour for the sustainable and cleaner steel industry, according to Madhulika Sharma, Chief Corporate Sustainability, Tata Steel.
