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Latest Market News Of Stainless Steel

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India Projects Crude Steel Capacity Surge by 2030

India Projects Crude Steel Capacity Surge by 2030

India targets 300 million tonnes crude steel capacity by 2030, up from 152 MT in 2024-25, to meet surging demand. AI integration will drive efficiency, sustainability, and infrastructure growth, strengthening India's global steel position.
Enlight Metals To Highlight Digital Transformation In Steel Channel

Enlight Metals To Highlight Digital Transformation In Steel Channel

Enlight Metals' Vedant Goel will discuss digital transformation in steel at Build Connect 2026 (Feb 19-20, Delhi). The 2024-founded company, serving 500+ OEMs, is implementing 24-hour delivery, e-commerce, and AI.
Vedant Goel To Highlight Digital Shift In Steel Channel

Vedant Goel To Highlight Digital Shift In Steel Channel

Vedant Goel (Enlight Metals) to discuss digital shift in steel at Build Connect 2026 (Feb 19-20, Delhi). He'll cover 24-hour delivery, e-commerce, AI. Enlight Metals, founded 2024, serves 500+ OEMs.
Steel without the energy security challenge: India’s green hydrogen opportunity

Steel without the energy security challenge: India’s green hydrogen opportunity

India's steel sector targets green hydrogen to cut 90% met coal import dependence, boosting energy security. With 300mtpa steel capacity by 2030, domestic demand for 5mt hydrogen is crucial, supported by falling costs and projects like JSW's.
Russia increased coking coal exports to India

Russia increased coking coal exports to India

Russia's coking coal exports to India surged to 1.22 million tons in January 2026, up 58% month-on-month, making it the second-largest supplier. Total Indian imports hit 5.9 million tons, with prices rising to $250/t amid supply disruptions.
Advancing high-pressure hydrogen tubular products: Sunil Wankhede, Vice President - Sales, Tube Core and Standard, Alleima India

Advancing high-pressure hydrogen tubular products: Sunil Wankhede, Vice President - Sales, Tube Core and Standard, Alleima India

Alleima India anticipates significant growth after a strong 2025, driven by the local launch of Alleima SAF 3006. This high-alloy duplex stainless steel enhances equipment performance in chemical, petrochemical, and refining environments, ensuring robust operations.
AI-driven process control systems, automation critical for India's steel growth, says Steel Secretary

AI-driven process control systems, automation critical for India's steel growth, says Steel Secretary

India's Steel Secretary stressed AI and automation for steel sector competitiveness. Capacity targets 300 MT by 2030-31, 400 MT by 2035-36, with consumption doubling to 152 MT by 2024-25, driven by infrastructure growth.
Over 10 steel companies eye ₹7,000 crore via IPOs amid rising demand

Over 10 steel companies eye ₹7,000 crore via IPOs amid rising demand

Over 10 Indian steel companies plan to raise ₹5,000-7,000 crore via IPOs in 8-10 months, driven by surging demand from infrastructure, renewables, and auto sectors. Funds will fuel capacity expansion and strengthen balance sheets.
Are investments in primary green steel production declining globally? BigMint analysis

Are investments in primary green steel production declining globally? BigMint analysis

Global green steel investments slowed in 2025, new projects dropping from 15 (2021) to 2. EU projects declined due to high energy costs. India and China are ramping up pilots, with JSW Steel, SAIL, Tata Steel, and ArcelorMittal India advancing.
Decarbonisation Gamble

Decarbonisation Gamble

India targets 300 MT steel by 2030, but high emissions (2.6 tons CO2/ton) risk global competitiveness due to CBAM. Decarbonization via scrap, hydrogen, and renewables is vital for survival and growth in a carbon-centric trade regime.

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