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Elecon Engineering bags Rs 82.78 cr order from ArcelorMittal Nippon Steel
The agreement involves the manufacturing and supply of belt conveyor mechanical equipment and technological structure for ArcelorMittal Nippon Steel India's Hazira Plant in Surat, Gujarat.Read more
ArcelorMittal, IIT Madras forge partnership for Asia's first hyperloop test track
Both ArcelorMittal and ArcelorMittal Nippon Steel India (AM/NS) are contributing foundational steel materials, along with their engineering, design, and project management expertise to facilitate the development of the Hyperloop test track.Read more
ArcelorMittal Nippon Steel India invests Rs 100 cr in scrap centres to boost sustainability
Company is poised to establish three dedicated scrap-processing centres in Gujarat and Maharashtra, as leading steel companies in India anticipate challenges in meeting their scrap requirements through imports.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
L&T secures $3.9 bn contracts for Saudi Aramco's Jafurah expansion
L&T's market capitalisation surpassed the Rs 4 trillion mark for the first time ever, reaching an intraday high of Rs 4.01 trillion before settling at Rs 4 trillion.Read more
ArcelorMittal Nippon Steel plans Rs 380 bn Paradip plant in Odisha
ArcelorMittal Nippon Steel (AMNS) India to construct a seven million tpa Paradip plant on a 1,485 acres of land.Read more
ABB India bags contract for ArcelorMittal Nippon Steel India
Order placed through original equipment manufacturer John Cockerill India (JCIL) for the new advanced steel processing lines at the AM/NS India’s flagship Hazira plant in Gujarat.Read more
Budget 2021: Infra push to generate demand for manufacturing sector & MSMEs
By allocating Rs 5.54 trillion for infrastructure development, budget 2021-22 aims to generate demand for the manufacturing sector, especially MSMEs. Read, how companies are reacting to the budget. Read more