News

Latest headlines from leading Indian newspapers covering energy, environment, economy, and policy aspects.

India’s crude steel production drops 3 per cent to 9.3 million tonnes in January 2020: Report

India’s crude steel production registered a decline of 3.26 per cent to 9.288 million tonnes (MT) in January this year, according to World Steel Association (worldsteel).

Category : Iron and Steel

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Steel companies hike prices for sixth time in a row

Contrary to the expectation of a fall in metal prices due to the coronavirus impact, steel companies have hiked hot-rolled coil prices for the sixth consecutive time, by rs. 500-750 a tonne, to rs.39,200. The price hike will come into effect on March 1.

Category : Iron and Steel

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Coronavirus poses opportunity for Indian steel makers: Pradhan

While the novel coronavirus outbreak in China may affect production, it also poses an opportunity for India’s steelmakers, according to Steel Minister Dharmendra Pradhan.

Category : Iron and Steel

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Valmet to supply a new evaporation line to Century Pulp and Paper in India

Valmet will supply an evaporation line to Century Pulp and Paper’s (CPP) pulp mill in Lalkuan, India. The new evaporation line will meet the future needs of the mill's ongoing pulp production capacity expansion, together with the existing evaporation line. This investment will also improve the overall steam economy of the mill.

Category : Pulp and Paper

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From grey to green: In search of a resolve of steel

How India can move towards a low-carbon steel sector.. India’s steel demand is roughly projected to grow from around 94 million tonnes (Mt) to 489 Mt, between now and 2050, in the latest research released on the sector.

Category : Iron and Steel

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Andritz to supply complete pulp mill to UPM in Uruguay

International technology group Andritz was selected by UPM, headquartered in Helsinki, Finland, to supply energy-efficient and environmentally leading equipment and processes for all main process islands in fiber production and chemical recovery for their new pulp mill to be built near Paso de los Toros in central Uruguay.

Category : Pulp and Paper

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Pixelle acquires two paper mills from Verso

Pixelle Specialty Solutions has completed the acquisition of two specialty paper mills from Verso Corporation becoming one of the largest paper producers in North America manufacturing currently over one million tons annually.

Category : Pulp and Paper

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SAIL launches scheme to boost industrial eco-system

Steel Authority of India Limited (SAIL) has launched a special incentive scheme to boost the industrial eco-system around it’s five integrated steel plants at Bhilai, Rourkela, Bokaro, Durgapur and Burnpur. Named "Ispaati Ilakon ka Vikas: SAIL ke Sath", the Scheme aims to contribute towards overall socio-economic development of the districts in which the steel plants are located, boost commercial activities through nurturing and developing the local industries and act as a catalyst for ..

Category : Iron and Steel

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ITC to pump in Rs 2k cr in Bhadrachalam unit by ’25

Bhadrachalam: Diversified multinational conglomerate ITC Ltd has drawn up plans to invest Rs 2,500 crore in its PSPD (paperboards & specialty papers division) business as part of plans to hike capacity to 1 million tonnes per annum (mtpa) by 2025.

Category : Pulp and Paper

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India produced 64.3 MT crude steel in Apr-Oct FY’20: Economic Survey

India produced 64.3 million tonne (MT) of crude steel and 59.73 MT of finished steel during April-October, 2019-20, said the Economic Survey tabled in Parliament on Friday.

Category : Iron and Steel

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