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STEEL PRODUCTION CAPACITY 2047
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,...
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...
From India to Iowa: Ruias return to steel with an ambitious $18 billion US betRuias are planning a new steel venture in Iowa. This project involves a $15 billion steel plant, aiming to produce 10 million tonnes annual...
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 ...
Essar to invest $18 billion in US, build America's largest steel plant in IowaEssar Group, through its subsidiary Mesabi Metallics, plans to invest USD 18 billion for a steel plant in Iowa. The facility aims to produc...
Behind bigger price tags hides a fault line in India’s growth storyIndia’s consumer durables face a third price hike in 2026 as copper, steel, aluminium, resin, logistics and energy costs surge. LG, Daikin,...
India's first port-based e-Methanol production facility to produce and supply green fuel to shipsA new Rs 2,300 crore e-methanol plant will be established in Kandla to produce green fuel. This plant is a partnership between Deendayal Po...
PLI scheme attracts Rs 2.40 lakh crore investments across 14 sectors, enhancing manufacturing capacity: ReportThe ASSOCHAM report indicates that the Production Linked Incentive Scheme has attracted significant investment across various sectors. It e...
India's first port-based e-methanol production facility to produce and supply green fuel to shipsPhase I of the project will add 50 tonnes per day of capacity at an investment of Rs 1,200 crore, targeted for completion by January 2027, ...
India orders captive coal plants to maximise power output on surging demandIndia has ordered more than 100 coal-fired power plants to operate at full capacity starting October 1, which is intended to meet rising el...
China's manufacturing scale shows the path to first-world statusInsights from a Chinese factory reveal striking contrasts in wages and car ownership between India and China. China's triumph in manufactur...
Tata Steel extends Dutch green steel pact by five months to March 2027Tata Steel has announced a five-month extension of its sustainable steel production agreement with the Province of North Holland. This exte...
India remains net importer of finished steel in Apr-Aug; buys commodity worth Rs 36k croreIndia imported finished steel worth Rs 36,193.9 crore from April to August in the fiscal year. The country saw a 29.5 percent increase in f...
The road ahead for Volkswagen's restructuring: ExplainedVolkswagen is set to meet regarding restructuring plans and job cuts to address financial losses. The company aims to strengthen its positi...
India must reduce oil & gas dependence, shift to renewables: Power Secy Pankaj AgarwalPankaj Agarwal emphasized the need for India to shift from oil and gas towards renewable energy. He noted recent events have highlighted th...
Suzlon’s Girish Tanti says wind energy sector can meet 100 GW target by 2030India’s wind energy industry has visibility of around 85 GW of capacity that could be commissioned before 2030, putting it broadly on track...
Sitharaman urges India Inc to resolve differences before taking disputes to courtFinance Minister Nirmala Sitharaman urged Indian corporates to strengthen internal governance, engage constructively with regulators and re...
India's first mineral exchange may be operationalised by next fiscal: OfficialThe government plans to operationalise India’s first mineral exchange by the next financial year, aiming to enable transparent trading and ...
India can do without US steel exports, says Naveen Jindal; flags domestic demand as key growth driverNaveen Jindal, chairman of Jindal Steel, said India can sustain its steel industry without depending on exports to the US, as domestic dema...
India’s mining, metals sector needs technology shift to strengthen supply chains: ReportIndia's mining and metals sector needs technology adoption for future competitiveness. Resource efficiency and supply chain resilience are ...