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RHI Magnesita is spearheading adaption of Industry 4.0: Parmod Sagar

In this interview with Rakesh Rao, Parmod Sagar, MD & CEO, RHI Magnesita India, explains the importance of refractories for the growth of India's economy and manufacturing sector.Read more

Rising costs and weak demand may force steel companies to cut output

In July alone, steel exports dropped by 14% to 0.30 million tonnes, while imports surged by 18% to 0.75 million tonnes.Read more

80% of Indian steel producers use ‘Made-in-India’ on products to boost global status

This rollout began on November 4, 2023, with major players like RINL, JSPL, and TATA Steel Ltd already covering 100% of their product ranges.Read more

SAIL Plans Rs 360 billion steel plant in Burnpur, WB

The upcoming IISCO plant forms a key part of SAIL’s ambitious goal to increase its overall capacity to 35mt by 2031.Read more

Steel Industry urges govt action to stem rising imports in interim budget

The steel ministry is reportedly assessing the feasibility of implementing World Trade Organization (WTO)-compliant policy measures if steel dumping is identified, primarily from China and select Southeast Asian countries.Read more

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

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