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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
China surges as top buyer of Indian Iron Ore, driving exports to record levels
Iron ore serves as a crucial feedstock, primarily utilised by China in steel production. Interestingly, India competes with China globally in the market for finished steel products such as hot rolled coils.Read more
JSW Steel unveils Rs 1 tn expansion plan, prioritising domestic capacities
JSW Steel's CEO, Jayant Acharya underscored a strong commitment to bolstering domestic capacities, recognising India's status as the world's second-largest consumer and producer of steel.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
Vizag Steel Plant secures Rs 900 cr deal with JSPL for strategic growth
The objective is to boost sales revenue, increase monthly turnover, and reduce losses.Read more
JSW Steel's subsidiary Periama acquires remaining 10% stake in JSW USA
The company confirmed the completion of the acquisition by Periama on December 18, 2023 (US Time), making JSW USA a wholly-owned entity of Periama.Read more
Jupiter Wagons secures Rs 1,617 cr Rail Contract for 4,000 BOXNS Wagons
Jupiter Group, the parent company, specialises in manufacturing railway wagons, components for passenger coaches, and alloy steel casting for rolling stocks and tracks.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
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
SIAM Automotive Sourcing Conclave Focuses on Building a Resilient Supply Chain
SIAM organises Automotive Sourcing Conclave where industry experts and leaders came together to address challenges in the Supply Chain.Read more
