Satyam Iron & Steel Co. to Invest INR 500 Crores in Two Years to Double the Production Capacity
Satyam Iron & Steel Company Private Limited is a pioneering sponge iron manufacturing enterprise that has evolved into a fully integrated steel plant. Over the past two financial years, the company has invested over INR 500 Crore, with plans to allocate a similar amount for expansion and production capacity enhancement in the upcoming financial years […]
Grow Ever Group’s New Unit to be Commissioned by Mid-2024 in West Bengal
Grow Ever was founded in 2008, with an intent not just to create another steel manufacturer; but to sculpt a legacy that could redefine the contours of the steel industry. The group has managed to create a niche in the highly competitive market where they are now the leading choice for OEMs for MS ERW […]
Global Green Steel Manufacturers Face a Sharp Increase of 30 Percent in Production Costs
Green Steel Forum was organized in Singapore. Current production methods of green steel will lead to a sharp increase of 30 percent in production costs for steel mills, globally. There is a need for a technological breakthrough in green steel production methods. May 23, 2023 Green Steel production costs threaten a sharp increase of 30 […]
Indian Steel Industry’s Future: Green Steel Mandatory
Mr. Jyotiraditya Scindia, Union Minister of Steel and Civil Aviation, shared the possibility of mandating green steel manufacturing, and information about MoUs signed towards the specialty steel capacity addition by 25 million tonnes at INR 30,000 crore investment. Mr. Jyotiraditya Scindia, Indian Union Minister of Steel and Civil Aviation, in his recent public address, indicated […]
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 […]
Salzgitter Places Large Order with Primetals Technologies for Electric Arc Furnace
The newly ordered Electric Arc Furnace Ultimate is designed to produce 1.9 million tonne per annum (TPA) of steel. The order is an important step in Salzgitter’s investment toward the long-term aim of green steel production. Germany-based steel producer Salzgitter AG has signed an agreement with the UK-based Primetals Technologies Ltd for an Electric Arc […]
