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STEEL CAPACITY TARGET 2047
US has India as an ally and a target of investigation in the same manufacturing fightIndia has aligned itself with a US-led initiative aimed at mitigating global manufacturing overcapacity, joining 15 nations in this coopera...
Govt working to re-power around 25 GW of old wind projects: JoshiUnion Minister Pralhad Joshi announced plans to re-power approximately 25 GW of aging wind energy projects. These projects are nearing thei...
Naveen Jindal weighs bid for EU firm CelsaNaveen Jindal, chairman of Jindal Steel, is considering a €5-billion bid for European steelmaker Celsa to enhance his operations. The discu...
India joins US, 13 economies in joint statement to address global excess capacity after G20 meetingIndia, along with the United States and 13 other economies, has signed a joint statement aiming to address structural excess capacity. The ...
'We will do it': Modi's call to Gen Z for Viksit Bharat by 2047Speaking to a charged crowd in Delhi, the PM underlined that when he began his journey 25 years ago as chief minister of Gujarat, he had ne...
India, EU launch industry coalition for green shipping corridorIndia and the European Union launched an industry coalition for a green shipping corridor to bring companies together to develop cleaner ma...
The sheer energy India brings with itIndia has provided power connections to over 300 million people since 2015 and improved gas supply accessibility. The country has installed...
Backward integration, captive power seen aiding profitability of secondary steel playersSecondary steelmakers in India are improving profitability by investing in captive power and backward integration, helping offset volatile ...
Domestic steel demand to rise; in talks with the Netherlands government over steel production: Tata Steel CEOTata Steel CEO T V Narendran stated that domestic steel demand is expected to grow 8-10% in the coming months. He mentioned positive signs ...
Tata Steel expanding NINL capacity to 5 MT per annum: CEO TV NarendranTata Steel is channeling Rs 40,000 crore towards boosting the capacity of Neelachal Ispat Nigam Limited (NINL) by an impressive 5 million t...
SCI to help India achieve ambition of becoming top shipping nation: SonowalIndia's Union Minister Sarbananda Sonowal emphasized the importance of domestic shipbuilding at the Shipping Corporation of India's anniver...
India within striking distance of 8% GDP growth, resilience not accidental: Shaktikanta DasWith an ambitious target of 8% GDP growth, India aims for Viksit Bharat by the year 2047 through innovative reforms. The government is dedi...
Steel Ministry asks SAIL, NMDC to scout overseas mineral assets for raw material securityThe Steel Ministry has instructed state-run steelmakers SAIL and NMDC to explore overseas mineral assets. This effort aims to secure long-t...
SAIL flies in Mongolian coking coal as it seeks new supplies, sources saySteel Authority of India has airlifted a 1-metric-ton sample of coking coal from Mongolia for testing. This trial was initiated as part of ...
Essar-backed Mesabi Metallics to set up $15-billion steel plant in USMesabi Metallics will use iron ore for the Iowa plant from its mine in Minnesota, which was recently operationalised. The company has inves...
New steel policy draft ready, to set 2047 road map: SecretaryThe government is revisiting the current national steel policy 2017 to address major changes in the sector in the past decade including AI,...
India to soon release new steel policy, eyes 600 million tons capacity by 2047, secy saysIndia's government will soon unveil a new national steel policy aimed at boosting steel production. The production capacity is expected to ...