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SMEL expands metal empire with Mittal Corp acquisition and bold growth plans

This strategic move involved the establishment of two cutting-edge manufacturing facilities, namely Unit I and Unit II, located in the state of Madhya Pradesh.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

Indian Steel Association urges govt action amid surge in Chinese imports

Alok Sahay, the secretary general of the group representing India's steel producers, emphasised the need for systemic changes.Read more

SAIL RSP enhances material transport fleet with Advanced BOXNHS wagons

Traffic and Raw Material (T&RM) department of SAIL's Rourkela Steel Plant (RSP) welcomed the induction of two BOXNHS wagons on October 9, 2023.Read more

AIFI to host ForgeTech 2023 in Pune for Indian forging industry

Baba Kalyani, MD, Bharat Forge, will be presenting the keynote address at the event, which will be organised by the Association of Indian Forging Industry (AIFI) from Nov 3-5, 2023.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

Jindal Steel & Power set to become India's largest single-location steel manufacturing facility

The steel plant in Raigarh will also undergo an expansion of up to 9.6 MTPA from the current 3.6 MTPA, the company said in a statement.Read more

Indian Railways struggles with wheel supply, increasing reliance on Chinese imports

The domestic supplies from Steel Authority of India Limited (SAIL) and Rashtriya Ispat Nigam Limited (RINL) have not kept pace with the increasing requirements.Read more

ISA partners with GeM to empower MSMEs in online steel procurement

In an official statement, ISA proudly declared the signing of a Memorandum of Understanding (MoU) with GeM, with the objective of seamlessly integrating all ISA members into the GeM platform, functioning both as sellers and buyers.Read more

Vedanta accelerates steel asset sale, focuses on core mining in restructuring move

Recently, Vedanta announced plans to restructure its operations, creating separate commodity-focused entities to strengthen its financial position.Read more

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