Sajjan Jindal's Pills For Steel Sector Ills
Making an impassioned cry for the entire steel industry to come forward and join hands to devise ways to increase steel consumption in India, Sajjan Jindal, Chairman of the JSW Group, recently said the USD 200-250 billion of investment that will be required to produce the 300 million tonnes (MnT) of steel by 2030 should be made in all “Make in India” equipment.
Galvanised Rails On Track To Be INR 1,400-CR Opportunity
If all goes well, Indian Railways (IR) could be having an INR 1,400-crore, 2 lakh tonnes per annum order for galvanised rails to offer one-and-half years down the line. And two leading producers of rail tracks in India, the Steel Authority of India (SAIL) and Jindal Steel & Power (JSPL), could be in the fray to bag the orders, it is learnt.
What lies in store for India's steel industry in 2020?
Are Indian Steel Makers Ready To Combat Arcelormittal's Arsenal?
Armed with deep pockets and the best available technology in its arsenal, the world’s largest steel maker, ArcelorMittal, is all geared up to own and steer an operating 10-million tonnes per annum (MnTPA) steel plant in India, and a growing market that offers an attractive opportunity for steel firms with excess capacity from China, Japan and Korea (more so for the last two, owing to favorable trade agreements) to dump products unbridled at predatory prices
Construction Equipment Sector May See 40% Growth In Sales
The construction equipment industry can expect a 40% increase in sales in the near future on the back of huge government spending on infrastructure projects.
When it comes to spent pickle liquor, steel makers need to embrace innovative solutions to reduce environmental impact & increase efficiency
Stress On 'Scientific Mining': Odisha Mining Lease Area Cap Eased
But govt's decision keeps industry divided
Let's Get Carbon-Smart
Innovations are inevitable for the global steel industry to ride over the myriad challenges that the worldwide environmental crisis has thrown up. And almost all the ground-breaking innovations in steel technology have been geared towards confronting and mitigating the carbon challenge. The singular objective of disruptive technologies is to become, what has been aptly termed as “carbon smart”, by not just replacing fossil sources with natural gases for metals production but also recycling fossils and wastes to produce useful products at an industrial scale, thereby providing a huge fillip to the global circular economy. Steel360 turns the spotlight on three “green” technologies that are setting new benchmarks in the industry.
Loss Of Unreduced Slag Is A Direct Loss Of Iron
Improving EAF operations through monitoring and control of slag residence time
Auto Scrap Facility Draft Norms Drive Home ‘Green' Point
However, ambiguities keep stakeholders at crossroads
Prepping Indian Coal For Power
As the government aims at lowering coal imports, improving Indian coal quality by way of washing is a plausible technique. CIL will be setting up 15 coal washeries to that end. Use of blended coal in power plants is being sought after by the government, although challenges lie therein. Steel 360 reached out to Mr RK Sachdev, President, Coal Preparation Society of India (CPSI) to dig more on this bit of coal conundrum.
Catch 22 For Iron Ore Exporters
As the government rules out tweaking the extant iron ore export policy aimed at restricting exports for future domestic use, time is perhaps ripe for the non-captive producers of low grade ore to think out of the box to remain afloat.
Can NMDC Be The Inlet For Posco?
Ask the steel minister or the steel secretary, both will tell you that South Korean steel major Posco is very keen to invest in India.
Scrap Recycling - Harnessing the Potential
Organized and efficient metal scrap recycling does not only lead to significant conservation of energy and natural resources, it is also a valuable economic source for a nation.
Reinforcing the Indian Steel Industry
In a face to face interview, Dr Aruna Sharma, the Steel Secretary of India, talks of expanding horizons of the Indian steel industry and how synchronized efforts of the government and the industry have proved to be rewarding.
Opportunity Knocking on the Indian Door
India's stride into the steel industry has been exponential. As a developing country with 1.25 billion population to fend for and natural mineral reserves at hand, 300 million tonnes of steel production by 2025, especially with as focused an approach as the Make in India campaign doesn't seem too far off.
NMDC Nagarnar Plant to Be Commissioned by Early 2018
State-owned iron ore miner NMDC Limited will commence production from its 3 million tonnes per annum (mnt pa) integrated steel plant at Nagarnar in Chhattisgarh by early 2018, according to government officials.