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Tata sees demand for its anti-microbial steel in global market
Tata Steel Ltd.The company expects demand for the product in the local market to pick up soon.The plant was earlier with Bhushan Steel, which Tata Steel acquired in 2018.When applied in combination with paint, the formulation can kill 99% of the bacteria on the surface of steel sheets, reducing the need for frequent sanitisation of the coated surfaces as it hinders the survival and replication of bacteria.In 2022-23, the company developed 107 products, of which 68 were in India.

🇮🇳 India · 🗓️ August 29, 2023 · Steel

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Indian inter-ministerial committee in discussions on levy of AD duty on ex-China imports
Proposals for imposition of antidumping duties on imports from China, including the steel ministry’s proposal for such a levy on stainless steel imports and the recommendation of the Director General for Trade Remedies (DGTR) for a five-year extension of the levy on steel wheels, are on the agenda of the committee, the sources said.The sources said that an official of the Prime Minister’s Office (PMO) will be chairing the committee comprising representatives from the ministries of steel, finance and commerce and industry.90 billion in the previous year.60 billion in 2022-23, from $72.They pointed out that India’s trade deficit with China increased to $77.

🇮🇳 India · 🗓️ August 29, 2023 · Steel

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Indian Railways to upgrade tracks with high-speed R-350 HT steel rails
IR has a track network of 92,952 kms but no information is available regarding how much of this network will be replaced and the timeline for the completion of the project.Steel Authority of India Limited (SAIL) will shortly commence production of this grade of rails at its Bhilai Steel Plant (BSP).IR has issued guidelines for the adoption of R-350 HT for its track network, stating that, since this grade of rails is widely used across the world and is a “proven grade”, no field trials will be required during the replacement phase.IR is expected to start floating tenders for procurement of R-350 HT shortly, the official said.It may be mentioned that Indian steel producer Jindal Steel and Power Limited (JSPL) has also undertaken a project at its Angul steel mill in Odisha to set up a unit for production of high-speed rails.

🇮🇳 India · 🗓️ August 29, 2023 · Steel

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India’s AMNS to start greenfield steel mill project construction in Dec-Jan
He also said that the commencement of the project would be marked by a groundbreaking ceremony, signaling the start of the first of the projects announced by the company.He said that the project has been accorded all approvals by the state authorities.ArcelorMittal in collaboration with Nippon Steel Limited has also drawn up plans for a second greenfield steel mill project with a 12 million mt per year capacity to be located in the Kendrapara district in Odisha, close to the port town of Paradip.

🇮🇳 India · 🗓️ August 29, 2023 · Steel

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India’s KIOCL Limited slips into the red in Q1 FY 2023-24
39 million) during the quarter, a decline of 32 percent year on year.The company reported total sales revenues of INR 5.KIOCL Limited operates a 3 million mt per year capacity pellet plant at Mangalore in the southern state of Karnataka.41 billion ($65.

🇮🇳 India · 🗓️ August 16, 2023 · Steel

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