Sunday, 4 December, 2022
TopicSteel

Topic: steel

Steel sector produces more CO2 than any other heavy industry. But going ‘green’ can help

Green steel is gaining momentum as steel companies try and reduce their carbon footprint, but the transition is too costly.

American Precoat Speciality’s Shubh Gautam helps start probe in Electro-Galvanised Steel dumping

The probe by India was initiated based on a written application by American Precoat Speciality Pvt. Ltd., led by its promoter and Chief Technical Architect Dr. Shubh Gautam.

India set for record steel consumption as economy begins to revive

Demand for steel is expected to surge 17% to 110 mn tonnes this financial year due to rising power consumption & mining activity, and higher tractor & passenger vehicles sales.

Pollution from steel or inflation: China must choose between the two

China is pushing for steel output to drop from a record of more than 1 billion tons. But moves to squeeze steelmakers have fired up prices & policymakers are worried about inflation.

Indian steel industry was heavily protected, but Budget 2021 has changed that. Here’s why

Steel prices have surged, affecting Modi govt’s infrastructure push. Now, it has reduced duties to facilitate imports despite ‘atmanirbhar’ mission.

India’s iron & steel exports to China surge despite LAC tensions — $1.86bn trade in Apr-Aug

India’s total iron and steel exports in the first five months of this fiscal to China were more than three times the figure in the entire financial year 2019-20.

Bastar tribals back CM Baghel’s move, oppose privatisation of NMDC steel plant

Raipur: The tribal leaders in Chhattisgarh’s Bastar are planning to join forces to protest the privatisation plans of the under-construction NMDC Iron and Steel...

Lakshmi Mittal accuses fellow steel tycoons of hiding funds through sham transactions

Lakshmi Mittal has been engaged in a year long battle to acquire a $5.9 billion insolvent steelmaker owned by the Ruia's Essar Group.

Skyscrapers made of wood make a return, helped by Google

Timber is becoming more cost competitive as steel prices rise, and the use of pre-fabricated wood panels allows for quicker construction with less labor.

Posco, Hyundai Steel in India’s sight as Modi looks to boost local production

India is set to overtake the US as the world’s second-largest consumer of steel, and companies including Posco and ArcelorMittal are keen to tap this market. 

On Camera

YourTurn

51 cow universities, old pension scheme, jobs — what RSS affiliates want from 2023 Budget

Welfare schemes and ‘self-reliance’ figure high on Sangh organisations’ wishlists for finance minister Nirmala Sitharaman ahead of the Budget, which she will present on 1 February.

Defence

Navy chief Admiral Hari Kumar addressing a press conference on the eve of Navy Day | ANI

Indian Navy puts on hold plans to build IAC 2, but is considering repeat order of Vikrant

At his annual press conference, Navy chief Admiral Hari Kumar also said they'll soon take a call on whether they'll go in for marine version of Rafale fighters or F/A 18 Super Hornets.
Illustration: Soham Sen | ThePrint

Gujarat election is anything but dull. BJP’s political neurosis about AAP is the hidden headline

Gujarat is the only state where Modi is directly in contention. Even if he wins, the team that runs him closest has much to gain.