Top steel production company to double capacity in three years

In the following three years, JSW Steel plans to almost quadruple its capacity to 50 million tonnes, according to chairman Sajjan Jindal. Speaking at an event hosted by the Bombay Chartered Accountants Society,…

EAF plants to be established to recycle steel in South India soon

The recycling facilities based on electric arc furnaces of steel behemoth Tata Steel may be built in a southern Indian car centre. Tata Steel intends to establish comparable EAFs in other regions of…

Fully automated service centre for construction sector established in

The first fully automated service centre for the construction sector has been established by Tata Steel on 11 acres at Tangi, Cuttack, Odisha. Together with Tata Steel’s channel partner Sagar Business, the service…

Top pipe manufacturer commences commercial production from 2 new facilities

Hariom Pipe Industries Limited has finished installing and started production from two new MS pipe mills at facility located in Mahabubnagar District. With this, MS Pipes’ total installed capacity increased from its previous…

SAIL opens Rs 149 crore beneficiation plant in Chhattisgarh: Details inside

Jyotiraditya M Scindia, Union Steel Minister, officially opened a Rs 149 crore SAIL (Steel Authority of India Ltd.) beneficiation project at Kanker in Chhattisgarh. The SAIL Silica Reduction Plant, which is located near…

Prominent integrated metal-producing firm announces commissioning of enhanced captive power

The commissioning of production capacities at their manufacturing site in Jamuria, West Bengal, was announced by Shyam Metalics and Energy Limited (SMEL), a prominent integrated metal-producing firm with headquarters in Kolkata. The captive…

Chhattisgarh looking for land for industry in Bastar region

While NMDC Steel Plant (NSP) is getting ready to open its steel factory in the area, the Chhattisgarh government is looking for land in the Bastar region for the company planning to invest….

Top steel plant to invest Rs 16,000 crore on capital projects

Global industrial behemoth Tata Steel anticipates spending Rs 16,000 crore on capital projects for its domestic and international operations this fiscal year. According to the company’s CEO & MD T V Narendran and…

Narbheram Power and Steel Announces Plans for Iron Ore Pelletisation Plant in Odisha

Odisha-based company, Narbheram Power and Steel, has revealed its ambitious plans to undertake a groundbreaking project involving the establishment of an iron ore pelletisation plant. The proposed plant is set to be situated…

SMS India Pvt Ltd To Expand Steel Equipment Manufacturing in Odisha

SMS India Pvt Ltd is set to expand its steel equipment manufacturing operations in Odisha, with a new unit planned for Khurda district. This expansion aims to meet the increasing demand for steel…

Chandigarh-based company to add 2MT capacity by Dec as part of Rs 330 crore capex

As part of ongoing Rs 330-crore expenditure at two of its mills, Chandigarh-based JTL Industries, which manufactures various grades of galvanised steel tubes and pipes, is increasing its current 6 lakh tonne capacity…

Two companies keen to establish gold refineries in Telangana

Two significant gold refineries are planned to open in Telangana, and top jewellery companies are in talks with the state government to set up manufacturing facilities. The refineries would be situated near the…

Leading steel producer to set aside Rs 2,500 crore in capital for FY24

The largest stainless steel producer in the nation, Jindal Stainless (JSL), has set aside Rs 2,500 crore in capital for FY24, which will be mostly utilised to complete its recent acquisitions. In addition,…

Rs 300 crore worth titanium recycling plant to come up in Lucknow

PTC Industries, a manufacturer of engineering components, is spending Rs 300 crore to build a titanium recycling facility in Lucknow as it strives to become a supplier for the aerospace and defence industries….

Construction of newly demerged steel plant postponed

The commissioning of NMDC Limited’s recently demerged steel mill, NMDC Steel, has been postponed until the end of June 2023. NMDC Limited is India’s largest iron ore miner. With a 3 million tonne…

SAIL plans to increase capacity to approximately 35 million tonnes: Investment details inside

The Steel Authority of India Ltd (SAIL) wants to increase capacity to approximately 35 million tonnes (mt) per year, which will need an investment of over 1,000 crore over a ten-year period. In…