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Steel capacity crosses 161 MT mark: Steel Secretary Nagendra Sinha – ET Infra

[ad_1] India‘s steel capacity has crossed 161 million tonnes and the industry is poised for continued growth, Steel Secretary Nagendra Nath Sinha said on Tuesday. As per the National Steel Policy, India has an ambitious target of installing 300 MT steel capacity by 2030. “We have already crossed 161 million mt of capacity, comprising 67 […]

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UK Govt financial package may help Tata Steel UK narrow losses: Report – ET Infra

[ad_1] Tata Steel The UK government‘s 500 million pound financial package to Tata Steel UK is expected to narrow the steel maker‘s losses on the back of lowered production and environmental compliance costs, according to CreditSights. Tata Steel‘s credit profile could remain resilient even amid lacklustre steel price dynamics, aided by strong captive iron ore

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Central aid for R&D to set up pilot using green hydrogen to make steel – ET Infra

[ad_1] The centre will aid research and development (R&D) projects to set up pilot plants for production and utilisation of green hydrogen in the iron and steel making processes. A Steel Ministry order said that Rs 455 crore has been earmarked for the steel sector under the National Green Hydrogen Mission. This amount will be

Central aid for R&D to set up pilot using green hydrogen to make steel – ET Infra Read More »

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