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RHI Magnesita is spearheading adaption of Industry 4.0: Parmod Sagar
In this interview with Rakesh Rao, Parmod Sagar, MD & CEO, RHI Magnesita India, explains the importance of refractories for the growth of India's economy and manufacturing sector.Read more
Rising costs and weak demand may force steel companies to cut output
In July alone, steel exports dropped by 14% to 0.30 million tonnes, while imports surged by 18% to 0.75 million tonnes.Read more
80% of Indian steel producers use ‘Made-in-India’ on products to boost global status
This rollout began on November 4, 2023, with major players like RINL, JSPL, and TATA Steel Ltd already covering 100% of their product ranges.Read more
SAIL Plans Rs 360 billion steel plant in Burnpur, WB
The upcoming IISCO plant forms a key part of SAIL’s ambitious goal to increase its overall capacity to 35mt by 2031.Read more
India navigates green steel transition amidst European scrutiny
This move is anticipated to impact Indian steel exporters, particularly those reliant on environmentally damaging coking coal for furnace operation.Read more
Induction furnace owners seek GST protection amid complex SC challenges
Represented by the All India Induction Furnaces Association (AIIFA), the owners highlighted that locally sold scrap often lacks the necessary GST framework requirements or compliance, making it challenging to claim input tax credits.Read more
India's Steel, Cement industries face Rs 47 tn challenge for Net-Zero emissions
According to a recent report by the Council on Energy, Environment, and Water (CEEW), India's existing steel and cement plants must invest Rs 47 trillion in additional capital expenditure to achieve net-zero carbon emissions.Read more
Tata Steel navigates short-term gas transition, aims to reduce carbon emission
The company is working on initiatives such as carbon capture and utilisation, hydrogen-based steelmaking, increased use of renewable energy, and incorporating more scrap in steel production.Read more
Naveen Jindal eyes African Venture, Steel Mill in Nigeria, Power Plant in Botswana
In this endeavour, Vulcan Steel, a privately held entity under the Jindal family's purview, has committed to constructing a steel plant with an annual production capacity of 3 million metric tonnes (mtpa).Read more
Sourav Ganguly ventures into Steel Industry in West Bengal
Addressing the 'Bengal Global Business Summit (BGBS)' in Madrid, Ganguly further stated his confidence in completing the cutting-edge facility within a year's time.Read more