VSSL Partners Aichi Steel Corporation for 5,00,000 MTPA Green Steel Plant Worth INR 2000 Crore
Vardhman Special Steels Limited (VSSL) signed a formal agreement with Aichi Steel Corporation to increase its equity stake in VSSL from 11.33 percent to 24.90 percent. Backed by technical support from Aichi Steel, VSSL plans to develop a 5,00,000 TPA green steel manufacturing facility in Punjab, with an estimated capex of INR 2000 crore. Jun […]
SMS group Acquires Parts of Metso’s Metals Business, Expanding Its Portfolio of Decarbonization Solutions
SMS group has signed an agreement with Metso Corporation to acquire their sustainable metals production portfolio to drive the decarbonization of the steel industry. May 30, 2025 SMS group has signed an agreement with Metso Corporation to acquire parts of their portfolio for sustainable metals production. Metso is a technology and services provider in the […]
India’s Steel Capacity Surges to 205 Million Tonnes: Production in 2025 to Ride on the Twin Priorities of Growth and Greening
India’s steel sector stands at a decisive moment, balancing the pressure of global competition with the momentum of domestic demand and policy support. As producers expand capacity and shift toward green technologies, the sector is positioned to redefine India’s industrial trajectory. In 2025, India’s steel industry stands at a defining inflection point. Prime Minister Narendra […]
ESL Steel Gearing Up for Green Steel Production, Focussing on ESG-Centric Manufacturing
ESL Steel Limited, a subsidiary of Vedanta Limited envisions becoming a benchmark in the Indian steel industry for responsible, ESG-centric manufacturing and technological leadership. While making significant strides in community development through its impactful social initiatives, the company is preparing to venture into production of Green Steel. In an interaction with Tube & Pipe India, […]
Jai Raj Ispat Plans to Unveil a Manufacturing Facility in Kurnool
Jai Raj Ispat Limited plans to open a manufacturing facility in Kurnool. May 15, 2025 Jai Raj Ispat Limited, India’s steel and metal product manufacturers, plans to open a state-of-the-art manufacturing facility in Kurnool. The senior management team of Jairaj Ispat Limited has met with Chief Minister of Andhra Pradesh, Shri N. Chandrababu Naidu discussing […]
Vardhman Special Steels Approves INR 2,000 Crore Investment for Green Steel Plant in Punjab
Vardhman Special Steels Limited has approved an investment of INR 2000 crore for the establishment of a new green steel plant in Punjab, focusing on the manufacturing of special and alloy steels. The facility will also increase billet production capacity from the current 300,000 MTPA to 500,000 MTPA. Apr 22, 2025 Vardhman Special Steels Limited […]
AM/NS India Gears Up to Lead as India’s First Integrated Green Steel Production with INR 60,000 Crore Investment
ArcelorMittal Nippon Steel India (AM/NS India) is preparing itself to become the country’s leading green steel manufacturer to achieve a three-star green steel certification under India’s forthcoming Green Steel Taxonomy. In line with its vision, AM/NS India is undertaking an INR 60,000 crore expansion project at its Hazira steel facility in Gujarat to increase its […]
JSW To Set Up 10 Million TPA Green Steel Capacity in Maharashtra Worth INR 50,000 Crore
The upcoming facility, part of a brownfield expansion at JSW’s plant located in Salav village of Raigad district in Maharashtra, will primarily serve the European market. Apr 16, 2025 JSW Steel has unveiled plans to invest between INR 50,000 and INR 60,000 crore over the next three to four years for the establishment of a […]
India’s Steel Capacity to Reach 210 Million Tonnes by 2030
India’s steel demand reaches over 13 million tonnes in Jan 2025, expected to reach a production capacity of 210-220 million tonnes in 2030. The domestic steel consumption is projected to increase between 190 million and 210 million tonnes by 2030. Mar 11, 2025 India continues to stand out as the only country among the top […]
Make in Odisha Conclave 2025 Promotes Industrial Growth & Investments
SMS group participated in the Utkarsh Odisha – Make in Odisha Conclave 2025 with its latest advancements in green steel technology and a technology app effectively showcasing its offerings and plant manufacturing capabilities, aligning with India’s vision for a sustainable future powered by renewable energy sources. Feb 5, 2024 SMS group participated in the Utkarsh […]
