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AP Seeks Russian Investment in Steel Transport and Digital Infrastructure

AP Seeks Russian Investment in Steel Transport and Digital Infrastructure

Andhra Pradesh seeks Russian investment from Novostal-M for steel plants, including a 2.8 mn t capacity, and from Sistema for digital infrastructure, transport, and AI. Discussions aim to attract global technology and partnerships.
KD Group Advances Capacity Expansion And Merger

KD Group Advances Capacity Expansion And Merger

KD Group's KD Iron & Steel and KD Green Industries are merging, expanding furnace capacity to 180,000t and rolling to 200,000t. A Rs 3.25bn outlay includes a 25MW solar plant, supported by Rs 6bn government incentives.
Steel futures drop on accelerated inventory growth

Steel futures drop on accelerated inventory growth

Steel futures drop on accelerated inventory growth, reports Kallanish.
NHRC takes suo motu cognisance of Vizag Steel Plant accident, seeks report from Andhra Pradesh

NHRC takes suo motu cognisance of Vizag Steel Plant accident, seeks report from Andhra Pradesh

The National Human Rights Commission (NHRC) has intervened in the Visakhapatnam Steel Plant explosion, demanding a comprehensive report from the Andhra Pradesh government after the death toll rose to nine following a volatile 1,600°C liquid steel ladle blast
Storms are tearing apart India's rooftop solar panels while the steel frames holding them up stay perfectly intact

Storms are tearing apart India's rooftop solar panels while the steel frames holding them up stay perfectly intact

Storms in India are destroying rooftop solar panels due to thin aluminum frames and low-cost clamps, despite intact steel supports. This compromises over 2,000 GW global capacity, hindering climate fight. Stricter engineering standards are needed.
Coal gasification a major business opportunity; India ready to enter coal gasification decade: G Kishan Reddy

Coal gasification a major business opportunity; India ready to enter coal gasification decade: G Kishan Reddy

India is poised for a "coal gasification decade," with Minister G Kishan Reddy urging industry to seize this major business opportunity. The initiative, approved by Cabinet, aims to boost domestic production in fertiliser, chemical, steel, and energy sectors, reducing import dependence.
EU quota usage exceeds 85% in multiple steel categories

EU quota usage exceeds 85% in multiple steel categories

At the EU quota period between April 1 and June 30 some of the import quotas for certain steel products allocated for Vietnam, Turkey, South Korea, India, Taiwan and China have been exhausted, while over 85 percent of quotas for some steel products have been used up. Looking at the exhausted quotas, Vietnam has used
Tata Steel, JSW Steel, Jindal Steel, SAIL: Antique picks Tata stock; here's why

Tata Steel, JSW Steel, Jindal Steel, SAIL: Antique picks Tata stock; here's why

Antique said Tata Steel has undertaken several cost optimization initiatives that would aid in Ebitda growth, which would be partially offset by higher coking coal costs. 
Vizag Steel Plant Faces Second Incident in Two Days as Molten Steel Spills, No Casualties Reported

Vizag Steel Plant Faces Second Incident in Two Days as Molten Steel Spills, No Casualties Reported

A molten steel spill at the Vizag Steel Plant marks the second major incident in two days. Authorities have confirmed no casualties, while an internal safety review has been initiated to assess the cause and prevent further lapses. n18oc_breaking-news
Major accident averted after Molten steel spill at Vizag Steel Plant

Major accident averted after Molten steel spill at Vizag Steel Plant

Another incident has occurred at the Visakhapatnam Steel Plant as Molten steel spilled onto the floor from a ladle at the Argon Rinsing Station within the SMS-1 (Steel Melting Shop-1) unit....

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