New Delhi/ Angul (Odisha) [India], July 4: Jindal Steel today announced a significant milestone in its strategic growth journey. The Government of Odisha has issued a Letter of Intent (LoI) to the Company for the grant of a 50-year Mining Lease for the Roida-I Iron Ore and Manganese Block, l
In a significant stride toward cleaner and more efficient metallurgy, Russia's National Research University "Moscow Power Engineering Institute" (MPEI) has unveiled a groundbreaking method for iron recovery that could reshape steel production worldwide.
Singapore, May 23: MediSun Energy, a Singapore-based integrated brine management company, has partnered with EMSTEEL (ADX: EMSTEEL) ("the Group"), one of the largest publicly traded steel and building materials manufacturers in the region, to launch Project Elixir -- the UAE's first pilot sy
Mumbai (Maharashtra) [India], May 15: Petro Carbon and Chemicals Limited (PCCL), a large Indian Calcined Petroleum Coke (CPC) sector player, has taken a bold leap toward energy independence and sustainability with the successful commissioning of a cutting-edge 10 MW Waste Heat Recovery-based
The challenging time which persisted due to the contraction of the economic growth seems to be over, as new orders, agri exports, rural wages, Index of Industrial Production (IIP), steel production, auto sales and tax collections have picked up after a weak third quarter calendar year 2024,
Mumbai (Maharashtra) [India], November 19: John Cockerill, a global pioneer in industrial engineering, is excited to announce its participation at METEC India 2024, the premier event for the metallurgy, steel casting, and metal forming industries, taking place from November 27-29 in Mumbai.
According to JSW, the agreement establishes a framework for collaboration in steel production, battery materials, and renewable energy. This collaboration comes amid India's strong economic growth, which has spurred steel demand at a rate exceeding GDP growth.
These projects seek to demonstrate the safe and efficient use of hydrogen-based processes for steel production, validating their technical feasibility, assessing performance, and evaluating economic viability, all with the goal of achieving low-carbon steel production.
Goyal offered three key recommendations for the domestic steel industry. First, he called for innovation in achieving low emissions, high productivity, and superior quality to position India as a leading global steel manufacturer.
India has been recognised as the leading global driver of steel demand growth since 2021, according to a statement from the Ministry of Steel on Friday.
Steel production in India, is largely driven by market dynamics, logistics for raw materials, and other commercial considerations. The government plays a crucial role as a facilitator, creating a conducive policy environment to support the development of the steel industry, especially in rur