Krypton Steelworks: Eco Friendly & AI Driven Stainless Steel Solutions
From a budding idea to a renowned name, Krypton Steelworks, has established itself as a premier provider of high-quality stainless steel solutions in India. With a manufacturing plant located at Baijamunda village in Odisha, and an annual capacity of around 2000 tons, the company offers an extensive range of stainless steel tubes and pipes, including […]
Tata Steel Signs Contract with Tenova for Electric Arc Furnace in UK
The steel manufacturer plans to decarbonize its sites by constructing an electric arc furnace to produce steel from scrap. The project, expected to last three to four years, will cost EUR 1.25 billion, with EUR 500 million funded by the British government. Oct 21, 2024 Tata Steel signed a contract with Italy-based Tenova, a sustainable […]
Mr. T.V. Narendran Elected as the Chairman of World Steel Association
Mr. T.V. Narendran, CEO & MD of Tata Steel has been elected as the Chair of the World Steel Association. Oct 17, 2024 The World Steel Association (worldsteel) has elected Mr. Thachat Viswanath Narendran, MD & CEO of Tata Steel. He became the second Indian followed by Mr. Sajjan Jindal, Group Chairman of JSW, to […]
SMS group: Turning Metals Green
SMS group, synonymous with the term ‘Innovation’ in the World of Metals, has a rich history of ‘150 Years of Shaping the Future’. From a small forging company and supplier to a local industry, it has developed into a global technology company that has had a significant impact on the development of the metal industry, […]
Global Seamless to Establish ‘Global 2’: New Stainless Steel Plant in Kolkata
Global Seamless Tubes & Pipes Private Limited is coming up with a new facility “Global 2” near its existing mill in West Bengal for the exclusive production of stainless steel. It’s also establishing its first production facility in the US. This was revealed by Ms. Suman Islam, Senior Marketing Manager, Global Seamless Tubes & Pipes […]
Indonesia to Build SouthEast Asia’s First Seamless Pipe Factory
Two Indonesian companies have entered into a strategic partnership to establish SouthEast Asia’s first seamless pipe production plant at Krakatau Steel industry complex in Cilegon, Banten. The deal is worth around USD 325 million. Sep 4, 2024 Two Indonesian companies, which include a leading seamless pipe manufacturer and a well-established steel pipe supplier, have entered […]
Demand Slump: China Suspends Approvals for New Steel Plants
Steel demand has fallen more than 10 percent since 2020 in China. Earlier, companies were permitted to build steel plants on the condition that they remove set amounts of existing and older capacity. Sep 3, 2024 In a strong response to a demand slump, which has fallen more than 10 percent since 2020, crushing industry […]
Ministry of Steel Launches Steel Import Monitoring System 2.0 Portal
The Steel Import Monitoring System (SIMS) 2.0 portal features API integration with multiple government portals, enhancing quality control and streamlining processes for improved efficiency and effectiveness. It will give a boost to the domestic steel industry and help in monitoring steel imports. Aug 5, 2024 The Union Ministry of Steel and Heavy Industries has launched […]
Tosyali Holdings to Build World’s Largest DRI Complex in Libya
Tosyali-SULB will build the world’s largest DRI plants, equipped with MIDREX Flexi DRI technology and having a total capacity of 8.1 million tons in Benghazi. The project aims to transform Libya into a world-class steel industry and one of the world’s leading bases for green steel production. Jul 26, 2024 Tosyalı, a global producer of […]
MPL Group: A Tale of Resilience, Innovation & Legacy
MPL Group is looking forward to becoming a preferred green steel pipes manufacturer at the global platform by expanding its product range in renewable energy, completing its 4.5MW solar rooftop orders, and planning to meet its 100 percent energy requirement through renewable sources by 2030. This information was divulged by Mr. Raj Kumar Agarwal, CMO, […]
