Steel Industry: Current Affairs, GK & News - 2020-2021
Mission Purvodaya: India-Japan join hands to make Odisha a Steel Hub
Published: February 29, 2020
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 the help of Japan. Highlights Odisha has been selected to establish steel hub due to ..
Category: Government Schemes Current Affairs
TERI: India’s Steel Demand to increase carbon emissions by 600 MT
Published: January 31, 2020
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 600 million tonnes by 2050. Highlights The TERI released its report titled, “Towards a Low ..
Category: Reports & Indexes Current Affairs
Cabinet approves Indo-Japan pact in Steel Sector
Published: December 12, 2019
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 in capacity building for high grade steel manufacturing in India. About ‘India-Japan Steel Dialogue’ The ..
Category: Economy & Banking Current Affairs
Sajjan Jindal appointed Vice Chairman World Steel
Published: October 18, 2019
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. Apart from this, the board also elected a 14-member Executive Committee. Other elected members of ..
Category: Awards, Persons & Places in News
Current Data on India’s steel import and export
Published: April 19, 2017
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 million tonnes (MT) in the said time period. The country also fared well in terms ..