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Budget’s 35% capex jump to Rs 7.5 trillion underscores appetite for infrastructure steel
As per the Economic Survey released by the finance ministry, the performance of the steel industry is pivotal to the growth of the economy.Read more
Tata Steel Mining and Jindal Stainless MoU for Chrome ore mining
This is a win-win-win partnership for the State of Odisha, TSML and JSL. Both the companies would now initiate steps to get necessary statutory approvals from concerned authorities before jointly starting mining operations.Read more
Nextchem and Paul Wurth join to develop innovative low-carbon solution
NextChem, a subsidiary of Maire Tecnimont Group, and Paul Wurth, a company of the SMS Group, announced their plan to jointly promote the combined use of electrolysis and syngas production in the iron and steel industry.Read more
Welcome to IIEF 2021: The industry extravaganza
From January 1, 2021, nearly every major automobile company in India has announced a price hike due to an increase in various input costsRead more
Stainless steel industry seeks to reduce import duty on key raw materials
This move is expected to catalyse Make in India and also will spur the domestic market. Read more
Dalmia-OCL launches refractory line for Magnesia Carbon to reduce imports
Magnesia Carbon brick is widely consumed by the steel industry and most of the current demand (about 300,000 tonne annually) is met through imports. Dalmia-OCL is putting up new capacity of 108,000 tonne for Magnesia Carbon brick in 3 phases.Read more
Steel exporters to tap demand in China
Apart from China, the EU and CIS nations are also being tapped by the steel exporters.Read more
Motors and drive systems in the water industry
The water industry provides one of our most vital resources right to our doorstep, but the processes that are required to maintain this service are numerous and provide many challenges in terms of efficiency and reliability. One of the most crucial components within the water treatment and delivery process is the humble electric motor, which along with its associated drive systems, provide the power necessary to keep the cycle in motion.Read more
