Tata Steel Signs Contract with Tenova for Electric Arc Furnace in UK
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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
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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
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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
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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
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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
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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
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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
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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
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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, […]
Sambhv Steel: Where Everything is Possible
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Sambhv Steel aims to become a global leader in the steel industry and one of the largest global pipe manufacturers by 2030. This was revealed by Mr. Vikas Kumar Goyal, Director, Sambhv Steel, during his interaction with Tube & Pipe India. Tube & Pipe India: Kindly walk us through the business journey of Sambhv Steel […]