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India’s SAIL orders new air separation plant from Air Water India
Additionally, the company will commission a gas filling plant by the end of this year and a liquefied gas plant in Chennai in October 2024, where approximately 40 percent of the electricity used will be generated from renewable energy such as solar power.The unit in question will have an oxygen production capacity of 1,250 mt per day, along with producing nitrogen and argon, and is scheduled to start gas supply to the mill by October 2025.Accordingly, Air Water India will design and build a new state-of-the-art air separation plant adjacent to SAIL’s Durgapur mill, entailing an investment of about 13.5 billion JPY ($90.60 million).

🇮🇳 India · 🗓️ October 11, 2023 · Steel

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India’s APL Apollo Tubes reports 12% rise in sales volume in Q2
During the first half (April-September) of the fiscal year 2023-24, the company reported a total sales volume of 1.The sales mix should eventually move towards 70 percent of value-added products,” the statement said.The sales mix will improve further in the coming quarters with a rising contribution of innovative products.“The contribution from the value-added segment was stable at 55 percent in the current fiscal year.34 million mt, up 30 percent year on year, the statement indicated.

🇮🇳 India · 🗓️ October 11, 2023 · Steel

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Tata Steel and IOCL ink pact to shift to LPG from furnace oil in ferroalloy production
This would enable the ferroalloy plant to shift out of use of furnace oil and high-speed diesel, addressing environment concerns and carbon emissions, the statement said.Under the agreement, IOCL will undertake installation, supply, operation and maintenance of liquefied petroleum gas (LPG) at Tata Steel’s ferroalloy plant in Odisha.

🇮🇳 India · 🗓️ October 11, 2023 · Steel

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India’s JSPL commences production from captive coal mine
The company said that coal production from the Gare Palma mine in the central state of Chhattisgarh would support expansion of its Raigarh steel mill, also located in the same state, to 9.“The coal production from our captive coal mine is perfectly aligned with our expansion of the steel mill using domestic coal.6 million mt per year from 3.6 million mt at present.We aim to finance this expansion predominantly through internal accruals, ensuring a healthy balance sheet,” the statement said.

🇮🇳 India · 🗓️ October 11, 2023 · Steel

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India’s NMDC reports 10% rise in iron ore output in September
86 percent over the corresponding month of the previous year.88 percent over the corresponding period of the previous fiscal year.The miner reported total sales of 3.During the April-September period of the fiscal year 2023-24, NMDC achieved an aggregate iron ore output of 19.56 million mt, a rise of 20.

🇮🇳 India · 🗓️ October 10, 2023 · Steel

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