AM/NS India to Set Up 24 MMTPA Steel Plant worth INR 1.5 Lakh Crore in Andhra Pradesh
The steel plant will reportedly be set up in two phases. In the first phase, the plant will produce 7.3 million metric tonnes of stainless steel per annum. Its capacity will be expanded to 24 million metric tonnes per annum in the second phase. The first phase of the steel plant is expected to be […]
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 […]
ArcelorMittal Starts Trials to Recycle CO2 Emissions from Steel Production
ArcelorMittal’s Gent, Belgium site has become the first steel plant in the world to trial the new technology by D-CRBN, which would convert carbon dioxide captured at the plant into carbon monoxide, for use in steel and chemical production. Jul 22, 2024 ArcelorMittal and Mitsubishi Heavy Industries Limited (MHI) are working with a climate tech […]
JSW Steel Plans to Invest USD 1 Billion in Decarbonization Operations
JSW Steel plans to increase its Indian capacity to 42 million tons of steel per year by September 2027 and reach 50 million tons by 2031. Jul 4, 2024 In order to realize its 2030 goal of reducing CO2 emissions by 42 percent (1.95 tonnes of CO2 per tonne of steel) and becoming carbon neutral […]
Essar Awaits Final Approval to Build USD 4.5 Billion Steel Plant in Saudi Arabia
The USD 4.5 billion project involves the construction of a low-carbon steel plant having 4 million tonnes per year capacity, along with port facilities at Ras Al-Khair in Saudi Arabia. Jun 27, 2024 The Essar Group is awaiting certain approvals from the Saudi Government to start construction of a low-carbon steel plant in the oil-rich […]
JSW Steel Commissions Hot Strip Mill at Karnataka Plant
The Hot Strip Mill facility at JSW Steel’s integrated steel plant in Vijayanagar, Karnataka has the capacity to manufacture plates and coils of 5 million tonnes per annum. The mill is equipped with digital reheating furnaces, evaporative cooling system and waste heat recovery system. Apr 4, 2024 Leading global manufacturers of steel products, JSW Steel, […]
JSW Steel To Launch New Blast Furnace At Dolvi Steel Plant
The state-of-the-art blast furnace will produce 4.5 million tonnes of hot metal per year. The project is expected to be completed in March 2026 Apr 10, 2024 Leading steel manufacturer JSW Steel Limited is coming up with a state-of-the-art blast furnace at its Dolvi Works facility in Maharashtra, which will produce 4.5 million tonnes of […]
SAIL Partners with Primetals Technologies on Green Steel Transition at Rourkela Plant
Steel Authority of India Limited (SAIL) and Primetals Technologies signed a MoU on green steel projects and technology at the steel plant in Rourkela, India. Mar 06, 2024 Primetals Technologies and leading Indian steel producer Steel Authority of India Limited (SAIL) signed a Memorandum of Understanding (MOU) to closely collaborate on projects and technologies related […]
Shyam Steel’s INR 1,500 Crore New Steel Plant in West Bengal to Have 1.19 MTPA Capacity
The new steel facility will increase Shyam Steels’ consolidated capacity to 4.03 MTPA, including finished steel of 1.36 MTPA. The company aims to reaching 300 million tonnes steel production by 2030-31 Mar 15, 2024 West Bengal Chief Minister Mamata Banerjee has virtually inaugurated an integrated steel plant of Shyam Steel at JSK-II in Purulia district […]
Odisha CM Naveen Patnaik Lays Foundation Stone of JSW Group’s 13.2 MT Integrated Steel Plant, 52 MT Captive Jetty Worth INR 65,000 Crore
The ambitious project will drive economic growth in Jagatsinghpur, give direct/indirect employment to 30,000 people. It will also have a cement manufacturing unit, modern township and other components. Feb 20, 2024 Odisha Chief Minister Naveen Patnaik has laid the foundation stone of JSW Group’s steel integrated plant having an annual manufacturing capacity of 13.2 million […]
