India’s Steel Industry Needs USD 120 Billion Investment to Reach 300 Million Tonnes Capacity by 2030: Union Steel Secretary
Union Steel Secretary Sandeep Poundrik emphasized on the urgency of capacity expansion of steel production in India. India’s steel industry requires an investment of USD 120 billion (INR 10 lakh crore) to boost capacity from 180 million tonnes to 300 million tonnes by 2030 to meet its domestic demand and avoid dependence on imports. Nov […]
JTL Industries Ramps Up its Manufacturing Capacity to 2 Lakh Tonnes Per Annum
JTL Industries Ltd has announced that it will increase its annual manufacturing capacity to 2 lakh tonnes as part of its around INR 350 crore expansion plan. The company’s cumulative pipe manufacturing capacity has reached 6.86 lakh tonnes per annum. Nov 6, 2024 Steel pipes maker JTL Industries Ltd has announced that it is increasing […]
Jindal Steel & Jindal Renewables Signs India’s Biggest Investment in Green Hydrogen in Odisha
This is the first investment in a hydrogen facility of such size by an Indian steel maker. Jindal Renewables will develop a green hydrogen generation capacity of up to 4,500 TPA set to commence by December 2025. Sep 19, 2024 Jindal Steel (JSPL) and Jindal Renewables (JRPL) have announced a Memorandum of Understanding (MOU) to […]
Rama Steel Tubes to Pursue Capacity Augmentation of Khopoli Facility
After the completion of the capacity expansion in Khopoli (Maharashtra) and the setting up of the plant in Nigeria, Rama Steel Tubes’ overall annual tube-making capacity will be 300,000 MT. Rama Steel Tubes Ltd. (RSTL), one of the domestically leading tubes and pipes manufacturers, has announced plans to undertake the capacity expansion of its Khopoli […]
Rama Steel Tubes Reports Revenue Growth of 79 Percent in Q2 FY23
Rama Steel Tubes has shared that the total sales volume in Q2 FY23 was 48,774.67 MT while it was 26,668.58 MT in the corresponding period of the previous fiscal. November 21, 2022 Rama Steel Tubes Ltd. (RSTL) has shared its financial performance overview of Q2 FY23, i.e. for the July- September, 2022 quarter. In Q2FY23, […]
