Bhavya Machine Tools: One-Stop Shop for all Machinery Needs
Bhavya Machine Tools is a well established name in the field of engineering workshop machinery, providing Indian and international industries with technologically advanced and high performing machinery. In a recent conversation with Tube & Pipe India, Mr. Yash Shah – International Business Development Manager, Bhavya Machine Tools, talked about the company’s business journey, the need […]
JSW Steel Procures Land for Metal Recycling Plant in Maharashtra
JSW Steel has acquired the land at INR 23 crore, which is about 4 km away from its existing integrated steel plant in Dolvi village. The construction of the recycling plant will be completed in 12-18 months. December 20, 2022 JSW Steel, the flagship company of JSW Group, is planning to invest INR 175 crore. […]
Hariom Pipe Completes Setup of Electric Melting Furnace
With the expansion, Hariom Pipe Industries will be able to expand the production of MS Billets from 95,832 MTPA to 104,232 MTPA. December 3, 2022 Hariom Pipe Industries Ltd. (HPIL), a premium manufacturer of iron and steel products, has completed the setup of 15 tonnes electric melting furnace – as published in media reports. This […]
Vedanta Retreating from Steel Business, Plans To Sell Electrosteel
In 2018, Vedanta beat Tata Steel to take over Electrosteel at INR 5,320 crore. December 2, 2022 Vedanta Group has planned to exit the steel business. This move comes almost four years after the group decided to make big in the segment. As per a news report, Vedanta is planning to sell Electrosteel and focus […]
JSW Steel Modifies its FY23 CapEx Plan to INR 15,000 cr
Earlier, the CapEx plan of JSW Steel was INR 20k crore, which has now been modified to INR 15k crore. December 1, 2022 JSW Steel Ltd., an Indian steel manufacturer and a flagship company of the JSW Group, has modified its CapEx plans for the current fiscal to INR 15,000 crore. Earlier, the initially planned […]
Rama Steel Tubes to Pursue Capacity Augmentation of Khopoli Facility
After the completion of the capacity expansion in Khopoli (Maharashtra) and the setting up of the plant in Nigeria, Rama Steel Tubes’ overall annual tube-making capacity will be 300,000 MT. Rama Steel Tubes Ltd. (RSTL), one of the domestically leading tubes and pipes manufacturers, has announced plans to undertake the capacity expansion of its Khopoli […]
Rama Steel Tubes Reports Revenue Growth of 79 Percent in Q2 FY23
Rama Steel Tubes has shared that the total sales volume in Q2 FY23 was 48,774.67 MT while it was 26,668.58 MT in the corresponding period of the previous fiscal. November 21, 2022 Rama Steel Tubes Ltd. (RSTL) has shared its financial performance overview of Q2 FY23, i.e. for the July- September, 2022 quarter. In Q2FY23, […]
BENTELER Steel/Tube Brings Tubes of Free-Cutting Steel for the First Time
With BENTELER SMARTCUT®, free-cutting steels are being used for the first time for specific tube solutions which allows a significant increase in productivity in the machining industry. November 10, 2022 BENTELER Steel/Tube has succeeded in producing seamless tubes from free-cutting steel for the first time with BENTELER SMARTCUT®. It combines the advantages of highly machinable […]
Tata Steel’s Jamshedpur Steel Plant – India’s First to Achieve ResponsibleSteel Certification
Tata Steel has received ResponsibleSteel Certification for three of its facilities in Jamshedpur. ResponsibleSteel is a global multi-stakeholder standard and certification programme for steel producers. November 2, 2022 Tata Steel has placed India on the global decarbonisation and sustainability map with three of its production facilities in Jamshedpur receiving the coveted ResponsibleSteel Certification. The Company’s […]
Saudi Arabia to Establish a USD 270 mn Stainless Seamless Pipe Plant
The stainless steel seamless pipe manufacturing plant will be set up in a joint venture between SeAH Gulf Special Steel and King Salman Energy Park. Saudi Arabia’s King Salman Energy Park (SPARK) has signed an agreement with SeAH Gulf Special Steel to establish a seamless pipe factory at an investment of 1 billion Saudi riyals […]
