Latest headlines from leading Indian newspapers covering energy, environment, economy, and policy aspects.
JSW Steel has acquired Neotrex Steel, an under-construction project to produce Low Relaxation Pre-Stressed Concrete (LRPC) strands, from the JSW Group promoters’ owned company Everbest Consultancy Services. Everbest Consultancy Services is wholly owned by Sajjan Jindal Family Trust.
Category : Iron and Steel
read moreTata Steel has commissioned a 5-tonne-per-day (TPD) carbon capture plant at its Jamshedpur Works, making it the country’s first steel company to adopt such a carbon capture technology that extracts carbon-di-oxide directly from blast furnace gas..
Category : Iron and Steel
read moreAmid the raging controversy over tinplate imports, existing producers JSW Steel and Tata Steel are increasing capacity with an investment of about 2,500 crore.
Category : Iron and Steel
read moreLast month India’s steel sector got a booster shot when the government announced inclusion of ‘specialty steel’ under the Production Linked Incentive (PLI) scheme. Bit late in the day, but better late than never it is. What does the government have to say about it?
Category : Iron and Steel
read moreThe forging and auto component industries have hauled the steel companies for indulging in price cartelisation and have urged the government to regulate domestic steel prices.
Category : Iron and Steel
read moreInvestors need to be cautious, though, given the run-up in the stock price as well as valuation
Category : Iron and Steel
read moreThe production-linked incentive (PLI) scheme for ‘specialty steel’ announced will be a big positive for India's steel industry, said JSW Steel Ltd's joint managing director (MD) and group chief financial officer (CFO), Seshagiri Rao.
Category : Iron and Steel
read moreJSW Steel plans to raise $500 million through the issue of sustainability bonds in the overseas markets. The company has set a target to become carbon neutral at JSW Coated and reduce carbon emission 40 per cent by 2030, besides recycling all the solid waste generated and achieve zero discharge from the plant
Category : Iron and Steel
read moreTo cut down import dependence and promote the Made-in-India campaign, the Union Cabinet gave its nod for a 6,322 crore production-linked scheme for specialty steel.
Category : Iron and Steel
read moreThe paper industry has seen a recent surge of investment interest. Part of this is a natural consequence of investments in the packaging industry, which is doing well. Investors expect the paper cycle to also remain strong as a result.
Category : Iron and Steel
read more