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STEELMAKING VALUE CHAIN
ArcelorMittal partners with AWS to automate global operationsSteel giant ArcelorMittal is joining forces with Amazon Web Services (AWS) to revolutionize its global operations. By integrating AWS's clo...- Vedanta Iron and Steel aims to become major resource-backed integrated steel platformVedanta Iron And Steel Ltd, newly listed, plans to be a leading integrated steel producer. The company will leverage its vast iron ore rese...
- Time to adopt a tactical perspective? 6 metal stocks, 4 with an upside potential of up to 14%In metal stocks, ‘buy, forget, and return after five years’ is not the best strategy to adopt. The sector is cyclical, global, China- and t...
- Jindal Steel deploys syngas in furnaces to counter shortages of natural gas, LPGJindal Steel has successfully used syngas in its galvanizing and color coating furnaces. This move counters shortages of natural gas, LPG, ...
- Mounting gas shortages disrupt some steel plants at JSW, one unit may face shutdownIndia's steel sector faces a severe gas crisis. JSW Group operations are disrupted, with one unit nearing a potential shutdown. This follow...
- India's steel sector's tech investment likely to hit $2.7 bn by 2030: ReportInvestments in process and digital technologies in India's steel value chain are expected to rise to USD 2.7 billion by 2030, enhancing tec...
- Coking coal, iron ore may not be viable option in future in steel making on ESG parameter: Steel Minister Scindia"From the second largest producer of steel, we must also become responsible producers of steel in the world. There will come a time in the ...
- Tata Steel unveils green investment plan for UK steel tube millThe investment will go into a new slitter which will allow the Hartlepool site to process coils of steel delivered from Tata's Port Talbot ...
- EV battery makers are getting their hands on everythingWith demand for batteries continuing to rise on the back of electric vehicle excitement, capacity in this part of the supply chain will nee...
- Odisha's new steel plant: Big, greenNote that modern steel-making is hugely knowledge-intensive; many of the high-grade steels in use today were quite unheard of just a decade...
- Japan's JFE may form electromagnetic steel sheet JV with JSW in India"We can dominate the Indian (electromagnetic steel) market by sharing our cutting-edge technology," he said, adding that they aim to make a...
- Dutch unit sale might help Tata Steel deleverage balance sheet; analysts upbeat on the stockThe deal is expected to close in six-nine months; however the company will be able to access the value and complete the due diligence proce...
- Nikkei slips from 1-month high, value shares not in favourThe Nikkei share average fell 0.45 per cent to 19,550.09 on profit-taking after a 3.13 per cent gain on Tuesday.
- World Economic Forum recognises Tata Steel's Netherlands plant as 'factory of the future'This makes Tata Steel part of a network of just 16 key factories to create the world's leading learning platforms for production.
- ArcelorMittal to sell four European plants to Liberty House to acquire IlvaThe four facilities will together add 8 MT rolling capacity to Liberty House and take it to 15 MT a year apart from adding 12,500 people to...
- Indian steel consumption likely to grow 7% on higher economic activity: E&Y reportSteel consumption is expected to grow by 7% in FY16 on the back of higher economic activity against a 2% growth in consumption last year, a...
- Tatas' Orient-Express alliance bid hits 'anti-Indian' hurdleOrient-Express said any association with the "predominantly Indian" chain would erode the value of its premium brands. Brand Ambassadors
- Behind the global gameplanThe well-thought out strategy behind Tata Steel’s move to go global became evident in ’04.
- Corus receives takeover offer from TataCorus said Tata had proposed a possible cash offer of 455 pence per share valuing $10 bn.
- SAIL looks to ride up the value chain with new projectsMoving up the value chain is the only mantra to fight competition from global steel majors like Posco and Mittal Steel.
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