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High steel prices hit key rail projects [1]

Indian Railways have fallen prey to the spiralling steel prices with a large number of ongoing construction projects, particular those relating to bridges, slowing down and contractors threatening to pull out, citing inability to procure steel at the current market rates What has further raised alarm bells at the Rail Bhavan is the fact that not enough players coming forward to bid for new construction projects.

Publication Date: 
24/04/2008
Indian Express (New Delhi) [2]
Tags:
Iron And Steel Industry [3], Rail Transport [4]
Centre for Science and Environment
National Knowledge Commission Government of India

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Source URL: http://admin.indiaenvironmentportal.org.in/news/high-steel-prices-hit-key-rail-projects

Links:
[1] http://admin.indiaenvironmentportal.org.in/news/high-steel-prices-hit-key-rail-projects
[2] http://admin.indiaenvironmentportal.org.in/category/newspaper/indian-express-new-delhi
[3] http://admin.indiaenvironmentportal.org.in/category/thesaurus/iron-and-steel-industry
[4] http://admin.indiaenvironmentportal.org.in/category/thesaurus/rail-transport