Government Mulling Incentives to Fuel Green Transition in Steel Industry
Government contemplates rewarding steel companies, which prioritize energy-efficient technologies and sustainable practices with concessional finance and long-term loans. Feb 21, 2024 In order to create a conducive environment for the steel sector to embrace eco-friendly practices and accelerate green transition in steel production, the government is contemplating a slew of incentives for the industry, including […]
ArcelorMittal Nippon Steel to Invest INR 100 Crore to Set Up Three Scrap-Processing Centres
AM/NS India plans to invest INR 100 crore to set up three scrap-processing centers in Gujarat and Maharashtra. Dec 06, 2023 ArcelorMittal Nippon Steel India (AM/NS India) plans to set up three dedicated scrap-processing centers in Gujarat and Maharashtra, as major steel companies in India anticipate difficulties in meeting their scrap requirements through imports. AM/NS […]
Outokumpu & Siemens Join Forces to Reduce Carbon Emissions
Outokumpu and Siemens have joined forces to reduce carbon emissions in the production of medium-voltage switchgear. Outokumpu Circle Green®, with up to a 93 percent lower carbon footprint than the industry average*, will be used to produce medium-voltage switchgear. Dec 13, 2023 Outokumpu, the global leader in sustainable stainless steel, and Siemens, a technology company […]
Sambhv Steel Unleashing Potential, Crafting Excellence in Tube & Pipe Industry
Steel is at the heart of India’s construction and infrastructure development, and Raipur’s steel industries are making significant contributions to this growth. Established in 2017, Sambhv Sponge Power Private Limited’s journey has been marked by knowledge, unwavering ethics, and remarkable success with a mission to excel in the steel sector. Despite a background in plastic […]
SMS group Leads ‘Make in India for the World’ with State-of-the-Art Production Facilities in India
SMS group is a leading technology provider to meet the customer’s needs of today and tomorrow. SMS group’s new lifecycle services portfolio aligns toward making processes more sustainable and energy-efficient. To this end, SMS has combined the areas of electrics & automation, technical service, and digitalization into powerful integrated solution offerings for the customer to […]
Grow Ever Group’s Advanced & Sustainable Solutions Steering Forward the Steel Tubes and Pipes Sector
With humble beginnings 15 years back, Grow Ever Group now boasts of a dedicated team of over 500 people who are committed to the growth of the organisation. Grow Ever believes in empowering their workforce with continuous training and development to enhance skill sets and foster a culture of innovation and excellence. Currently they have […]
Satyam Steel Overwhelmed with Participation at Tube & Pipe Fair 2023, Gateway to New Opportunities
Satyam Iron & Steel Company Private Limited, a pioneering HR strips, billet & sponge iron manufacturing enterprise is a fully integrated steel plant. Mr. Rahul Agarwal, Director, Satyam Steel, the main driving force behind the progress of the company attended the Tube & Pipe Fair, which was recently organized in Pragati Maidan, New Delhi from […]
Japan’s Nippon Steel Set to Acquire U.S. Steel for USD 14.9 Billion in Cash
U.S. Steel has been sold to Japan’s Nippon Steel for USD 14.9 billion in cash outbidding Cleveland-Cliffs, ArcelorMittal, and Nucor. Nippon’s acquisition marks its move toward 100 million metric tons of global crude steel capacity, while significantly expanding its production in the United States. Dec 19, 2023 Japan’s Nippon Steel secured a USD 14.9 billion […]
Government and Steel Industry to Unveil “Made in India” Branded Steel Products to the World
To promote and elevate the quality of Indian steel products globally, the Indian government, in collaboration with the domestic steel industry, will soon introduce “Made in India” branded steel products to the international market. Nov 23, 2023 According to Union Steel Minister, Mr. Jyotiraditya Scindia, to promote and elevate the quality of Indian steel products […]
SMS Group Signs MoU with PT GRP to Drive Green Steel Development in Indonesia
A MoU was signed between SMS Group and PT Gunung Raja Paksi Tbk at a two-day ‘Focus Group Discussion (FGD)’ event in Jakarta, Indonesia symbolizing their commitment to advancing sustainable steel industry procedures and processes through digital solutions. Oct 19, 2023 SMS group and PT Gunung Raja Paksi Tbk co-hosted a two-day ‘Focus Group Discussion […]
