JSW Steel Plans to Invest USD 1 Billion in Decarbonization Operations
JSW Steel plans to increase its Indian capacity to 42 million tons of steel per year by September 2027 and reach 50 million tons by 2031. Jul 4, 2024 In order to realize its 2030 goal of reducing CO2 emissions by 42 percent (1.95 tonnes of CO2 per tonne of steel) and becoming carbon neutral […]
SAIL’s INR 1,00,000 Crore Capex Plans Approved
This will increase SAIL’s capacities by around 75 percent to 35 million tonnes per annum by 2030. May 17, 2024 The major expansion plans for both greenfield and brownfield projects of the Steel Authority of India Limited (SAIL), involving a whopping amount of INR 1,00,000 crore, have received approval from both the Board and Ministerial […]
JERA to Invest USD 32 Billion in Clean Energy Fuels
Japan’s JERA targets over 35 million metric tons LNG transaction volumes, generating 20 GW of renewable energy by 2035. May 20, 2024 In order to achieve energy sustainability, affordability and stability, leading Japanese energy company JERA has come up with a three-pronged growth strategy to invest USD 32 billion in clean energy fuels such as […]
ArcelorMittal Nippon Steel to Invest INR 100 Crore to Set Up Three Scrap-Processing Centres
AM/NS India plans to invest INR 100 crore to set up three scrap-processing centers in Gujarat and Maharashtra. Dec 06, 2023 ArcelorMittal Nippon Steel India (AM/NS India) plans to set up three dedicated scrap-processing centers in Gujarat and Maharashtra, as major steel companies in India anticipate difficulties in meeting their scrap requirements through imports. AM/NS […]
Outokumpu and CRONIMET Expand their Partnership to Take Circularity to New Heights
Outokumpu will acquire a 10% minority interest in CRONIMET North-East GmbH as per their agreement and expand their partnership to secure access to high-quality scrap near Outokumpu’s sites in Europe and take circularity to new heights. Nov 7, 2023 Outokumpu and CRONIMET have expanded their partnership to secure access to high-quality scrap near Outokumpu’s sites […]
Tata Steel Limited Initiates Hydrogen Gas Injection Trial in Blast Furnace at Jamshedpur Plant
Indian steelmaker Tata Steel Limited has announced that it has initiated a trial for injecting hydrogen gas at its blast furnace in the company’s flagship plant in Jamshedpur city, in an attempt to reduce metallurgical coke usage and cut carbon emissions. The company states that the trial is expected to run a continuous course of […]
