Shyam Metalics to Infuse INR 650-750 Crore in Stainless Steel Business
The company has established a cutting-edge facility at its existing plant in Sambalpur of Odisha having capacity of 3 lakh MTPA, which will produce high-quality 200 and 400 series stainless steel hot rolled coils (HRC). Apr 11, 2024 Leading producers of integrated metal Shyam Metalics and Energy Limited (SMEL), has established a state-of-the-art facility at […]
SMS Group to Build New Electric Arc Furnace for SSAB for Fossil-Free Steel Production
SMS group has secured a contract to engineer, deliver, and construct a new electric arc furnace (EAF) for SSAB. SSAB plans to use it to decarbonize its steelmaking production process. The new 190-ton EAF will be one of the largest installations in the world. Nov 29, 2023 SMS group has secured the contract from Nordic […]
Tata Steel Chooses Energiron DRI Technology to take a Major Step into Green Steel Production
Tata Steel Netherlands has partnered with Energiron Alliance for the design of the future-ready Energiron direct reduction plants in IJmuiden. Tata Steel Europe, with a predominant presence in the UK and the Netherlands, has selected Danieli as the technological partner for the Heracless (Hydrogen-Era-Carbon-Less) project for the Netherlands subsidiary. The project is aimed at transitioning […]
Primetals Technologies and POSCO to Come Up with a Green Steel Demo Facility
Primetals Technologies and POSCO have signed an MoU to develop a demonstration plant. The demonstration plant is an important part of POSCO’s commitment and long-term plans of replacing its current blast furnaces with HyREX plants. Primetals Technologies Ltd. and South Korea-based leading steel producer POSCO have signed a Memorandum of Understanding (MoU) agreement to develop […]
