Steel Industry
India’s First Green Steel
India-based Kalyani Group has launched India’s first “green” steel brand called Kalyani Ferresta. What is green steel? When steel is manufactured without using fossil fuels, it is known as green steel. It is manufactured using low-carbon energy sources like hydrogen, ..
Month: Current Affairs - December, 2022
Category: Environment Current Affairs • India Nation & States Current Affairs
Mission Purvodaya: India-Japan join hands to make Odisha a Steel Hub
On February 28, 2020, the Union Minister of Steel announced at a workshop organized by Confederation of Indian Industries (CII) that GoI is to make Odisha the steel hub of India. This is to be achieved by the Government with ..
Month: Current Affairs - February, 2020
TERI: India’s Steel Demand to increase carbon emissions by 600 MT
On January 31, 2020, at the World Sustainable Development Summit released its report on India’s Steel Demand. According to the report, if the steel demand of the country continues to grow, the carbon-dioxide emissions from the steel sector will reach ..
Month: Current Affairs - January, 2020
Cabinet approves Indo-Japan pact in Steel Sector
Union Cabinet chaired by Prime Minister Narendra Modi has given its approval for signing Memorandum of Cooperation (MoC) between Government of India and Government of Japan to constitute ‘India-Japan Steel Dialogue’ to strengthen cooperation in steel sector. MoC will help ..
Month: Current Affairs - December, 2019
Sajjan Jindal appointed Vice Chairman World Steel
Sajjan Jindal, Chairman and Managing Director, JSW Steel has been appointed as the Vice-Chairman of World Steel Association (Worldsteel). He is appointed for a period of one year. The association also elected YU Yong, Chairman, HBIS Group Co, as Chairman. ..
Month: Current Affairs - October, 2019
Current Data on India’s steel import and export
According to Joint Plant Committee’s annual report on steel sector for the time period 2016-17, India’s import of total finished steel declined 36 % to 7.4 million tonnes (MT). At the same time, steel exports increased 102% to reach 8.2 ..