Steel Production Current Affairs, GK & News
India’s Steel Production and Export in FY 22
Faggan Singh Kulaste, Minister of State for Steel and Rural Development has announced that India exported 13.5 million tonnes (mt) of finished steel amounts to Rs 1 trillion, and has imported steel of about Rs 46000 crores. Overview: This impressive performance of the country’s steel sector has contributed to the all-time record of USD 420 ..
Month: Current Affairs - April, 2022
Category: Economy & Banking Current Affairs - 2022
Topics: finished steel • Minister of State for Steel and Rural Development • Production Linked Scheme • Steel • Steel consumption • Steel Production
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 600 million tonnes by 2050. Highlights The TERI released its report titled, “Towards a Low ..
Month: Current Affairs - January, 2020
Category: Reports & Indexes Current Affairs
Topics: carbon dioxide emissions • Energy • Energy Sector • Global warming • Industrialization • Steel Industry • Steel Production • Steel sector • TERI
GoI to launch Purvodaya to accelerate Eastern India Development
On January 10, 2020, the Ministry of Steel announced that it will launch “Purvodaya”, a world class steel hub. The hub aims at an accelerated development programme of eastern states. The Ministry will be joined by CII (Confederation of India Industries) in the implementation of “Purvodaya”. Highlights The initiative aims at developing the eastern states ..
Month: Current Affairs - January, 2020
Category: Economy & Banking Current Affairs - 2022
Topics: CII • Crude Steel • Eastern States • High Quality Steel • Ministry of Steel • national steel policy • Odisha • Purvodaya • Steel Production
CII organizes “Steeling India-2019”
On December 16, 2019, the Confederation of Indian Industry organized “Steeling India 2019” conference, a drive to increase metal intensity in key sectors. Union Minister for Steel, Petroleum and Natural Gas Shri Dharmendra Pradhan participated in the conference. Highlights The session focused on key industries namely automobile, infrastructure, railway, water, irrigation and housing. It discussed ..
Month: Current Affairs - December, 2019
Category: Important Days & Events Current Affairs
Topics: CII • Ministry of Petroleum and Natural Gas & Steel • Ministry of Steel • Steel • Steel Production • Steel sector
India becomes second largest manufacturer of crude steel
According to Steel Users Federation of India (SUFI), India has overtaken Japan to become world’s second largest producer of crude steel in February 2018. China is the largest producer of crude steel in the world, accounting for more than 50% of the production. Earlier in 2015, India had overtaken US to become third largest producer ..
Month: Current Affairs - April, 2018
Topics: Business • China • Crude Steel • Economy • India • Japan • Steel Production