Steel Ministry Aims Fivefold Domestic Capacity by 2047 with New Stainless Steel Policy
The Indian steel ministry is aiming for a 5x jump in the domestic capacity of stainless steel by 2047 with India’s first stainless steel policy in the works. The policy also holds the objective of reducing dependence on China for sourcing nickel, silicon and chromium, which are utilized to make stainless steel. Jul 20, 2023 […]
Inoxium Tubi: Acing Stainless Steel Tubes & Pipes Manufacturing in the Gulf
Established in 1993, Inoxium Tubi Pipes Industry LLC started its journey from ‘Mideast Metals FZCO’, one of GCC’s most prominent stainless steel stockholder, service center and stainless steel tube mill providing stainless steel to various industries in the region. Mideast Metals FZCO’s stock holds the entire range of stainless steel products like stainless steel sheets/plates, […]
Stevens Engineers & Constructors Installs Novarc Spool Welding Robot at Ohio Pipe Fabrication Facility
Stevens Engineers & Constructors has installed a Novarc Spool Welding Robot for upgradation at its pipe fabrication facility in Middleburg Heights, Ohio. The system helps the company to fillet weld, handle pipes over 21 feet long, produce root-to-cap welds without stopping and even capture videos of the entire welding process for QC purposes. May 30, […]
Shah Foils: Excellence in Stainless Steel, Precision that Ensures Perfection
Established in 2001, Shah Foils Limited is one of the largest manufacturers of cold rolled stainless steel coils and strips. Having an annual installed capacity of 75,000 TPA, the company has 20-Hi, 12-Hi and 4-Hi rolling mills, bright annealing, and slitter machines upgraded with the best technology to work at high-speed production. The company recently […]
Lalbaba Seamless Tubes’ Recent Developments: Udaan & New Stainless Steel Division
Mr. Nikunj Dhanuka, Director and Chief Operating Officer of Lalbaba Seamless Tubes, has been heading the operations at Lalbaba Seamless Tubes for more than 5 years now, and under his able leadership, the company has become one of the leading suppliers in the cold drawn seamless segments to various industries, as well as establishing the […]
Jyoti Inox Private Limited: Providing Stainless Steel Solutions
Jyoti Inox Private Limited is the group that pioneered the introduction of stainless steel material in the rice industry. The company’s state of the art unit is fully equipped with advanced machinery like CNC cutting and bending machines, power shearing machine and even a complete welding workshop with arc welding. In a recent interview with […]
Finland’s Outokumpu Divests Remaining Sweden-Based Long Products Operations at EUR 12 Million
Stainless steel producer Outokumpu has divested a majority of its Long Products business, through signing an agreement to divest these operations in Degerfors and Storfors to Cogne Acciai Speciali, leading producer of long stainless steels and nickel alloys based in Italy. The enterprise value of the transaction is EUR 12 million and the divestment is […]
Alleima Commissions New Hydraulic and Instrumentation Tubing Facility at Mehsana Mill in Gujarat
Sweden-based Alleima has inaugurated its new hydraulic and instrumentation tubing facility at its Mehsana Mill in Gujarat, West India. The new facility is a part of Alleima’s investment growth initiative started in 2017, and is expected to expand the hydraulic and instrumentation tube capacity to meet the growing market for infrastructure around natural gas. This […]
Anti-dumping duty on importing Stainless Steel Tubes & Pipes from China
A definitive anti-dumping duty ranging from $114 to $3,801 per tonne, to be valid for five years, has been levied by Finance Ministry on imports of Stainless Steel Seamless Tubes and Pipes from China to protect the domestic economy. Valid for five years, the anti-dumping duty imposed on imports of Stainless Steel Seamless Tubes and […]
Venus Pipes & Tubes to Undertake Capacity Expansion of INR 50 Cr for Tube Mill
Venus Pipes & Tubes has planned the capacity expansion in addition to the ongoing growth of 600 MT per month of welded pipes up to 48 inches. Afterwards, the total welded capacity will nearly triple from 700 MT per month to 2,000 MT per month by FY24. Venus Pipes & Tubes Ltd. has approved an […]
