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Shyam Metalics rises 3% on new blast furnace and sinter plant in West Bengal

The facility also features an 18 MW top gas pressure recovery turbine (TRT), which improves energy recovery by 10%, and an evaporative cooling system that reduces water and power consumption by 20% compared to standard systems.Read more

Indian met coke industry faces crisis; Asks government to save jobs

Met coke, derived from coal carbonisation, is a crucial input for steel-making and industries like ferroalloys, foundries, nickel, and automotive manufacturing.Read more

SAIL partners with BHP to decarbonize steelmaking in India

The partnership will focus on testing alternative reductants, such as hydrogen and biochar, to reduce greenhouse gas emissions in SAIL’s integrated steel plants. Read more

India's finished steel imports from China reach 7-year high

Additionally, imports of finished steel from Russia also hit a six-year high during the same period, with Russian exports exceeding 54,000 tons—more than double the amount from the previous year.Read more

Indian steel firms slash prices amid rising imports to protect market share

The recent capacity expansions by major players like JSW Steel, Tata Steel, and Jindal Steel and Power Ltd (JSPL) have come online amid a slowdown in demand, leading to an oversupply in the market.Read more

JSW Steel first Indian company to launch indigenous coated steel

It finds several applications, including steel structures in solar installations, silos, guard rails, and AC parts, which require a high level of protection against corrosion.Read more

India's Steel Ministry explores Japan Collaboration for carbon-neutral steel production

Currently, two decarbonisation projects are in progress. The first project involves the utilisation of green hydrogen as an alternative fuel to partially replace coal. The second project focuses on developing new coke-making technologies.Read more

Thermax targets commercial-scale coal gasification for low-carbon steel production

Thermax is currently engaged in discussions with various industrial customers in the steel sector who express interest in adopting this in-house solution.Read more

Tata Group breaks ground on Punjab Steel Plant, pioneering recycling innovation

This venture, spearheaded by the esteemed Tata Group, entails an investment of Rs 2,600 crore and is poised to create 2,500 employment opportunities within the state.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

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