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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
Removal of export duties to strengthen steel sector: Jyotiraditya Scindia
PLI Scheme for specialty steel will result in an investment of close to Rs 46,020 crore and increase in capacity of almost 26 million tonnes, said Union Minister Jyotiraditya Scindia at the Indian Steel Association (ISA) conclave in New Delhi.Read more
A tribute to Dr Jamshed Irani, the father of quality in Indian steel industry
Dr Jamshed J Irani, the steel industry veteran and Tata Steel's former MD, passed away on October 31, 2022, at TMH, Jamshedpur. R Jayaraman pays a tribute to Dr J J Irani, considered to be the father of quality in the Indian steel industry.Read more
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
