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India to Adopt New National Steel Policy

India to Adopt New National Steel Policy

INDIACSR News Network NEW DELHI: Ministry of Steel, Govt of India is in process to adopt New National Steel Policy. ” In view of changed economic environment, both globally as well as domestically, Ministry of Steel has initiated the process of drafting the New National Steel Policy in place of existing National Steel Policy 2005.” […]

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Steel Sector Contributes to 2% of the GDP

Steel Sector Contributes to 2% of the GDP

INDIACSR News Network NEW DELHI:  The Indian steel sector is contributing to nearly 2% of the GDP (Gross Domestic Product) and employed over 5 lakh people., Steel Ministry said in the year end review report. According to the statement, India became the 4th largest producer of crude steel in the world in 2010 as against […]

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Tata Steel completes 100 years of Blast Furnace Operations

Tata Steel completes 100 years of Blast Furnace Operations

100 years old Tata Steel’s Blast Furnace at Jamshedpur Plant INDIACSR News Network JAMSHEDPUR: Tata Steel achieved yet another milestone in its industrial history with the completion of 100 years of its Blast Furnace operations. It was on December 2, 1911 that the plant at Jamshedpur became active when the Blast Furnace was blown for […]

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India to become second largest steel producer by 2013: ASSOCHAM

India to become second largest steel producer by 2013: ASSOCHAM

NEW DELHI: India is set to become the second largest steel producer in the world by 2013 with installed capacity increasing to 120 million tonnes, industry body ASSOCHAM said today. Currently it produces 80 milliion tonnes per year and ranks fourth after China, the United States and Japan. Huge infrastructure needs of the country call […]

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Jindal Steel & Power signs MoU with Rio Tinto on advancing HIsmelt technology

Jindal Steel & Power signs MoU with Rio Tinto on advancing HIsmelt technology

The technology smelts iron ore fines directly using non-coking coal, and offers significant economic and environmental benefits to the steel industry NEW DELHI: Jindal Steel and Power Limited (JSPL) signed an MoU with Australian mining major, Rio Tinto to jointly work towards global commercialisation of the HIsmelt technology to be used in a fully integrated steel […]

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