Diversion of surplus oxygen stock of steel plants to help ease demand from rising Covid caseload

An inter-ministerial Empowered Group 2 (EG2) has initiated several measures to ensure the supply of medical oxygen to various affected states during the Covid-19 pandemic, a Press Information Bureau (PIB) bulletin said on Thursday. Medical oxygen is a critical component in the treatment of Covid affected patients.  The surplus stock available with steel plants is being […]

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Indian steel industry set to report record sales growth in fourth quarter of fiscal 2021: Analysts

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Strong domestic demand, followed by healthy exports have aided India’s steel industry’s production and sales growth in the fourth quarter of 2020-21 on a sequential basis, say analysts. Revenues of steel companies are expected to improve 20 per cent quarter-on-quarter and 45-50 per cent from a year ago on higher realization and rising demand, led […]

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India’s coal import during 10 months ending Jan 21 declines 12% to 181 million tonnes

India’s coal import registered a drop of 11.59 per cent to 180.84 million tonnes in the first 10 months of the current fiscal. The country had imported 204.55 million tonnes of coal in the April-January period of the previous fiscal year, according to provisional data compiled by mjunction services. mjunction—a joint venture of Tata Steel and SAIL—is a […]

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India’s steel industry faces great challenges in reducing impact of carbon emissions

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The Indian government said reducing the impact of carbon emissions is “one of the greatest challenges” for the steel industry, and called for collaboration among stakeholders to address the issue. Speaking at a webinar ‘By-Product Management for Indian Steel Industry’ organised by industry body FICCI, Steel Additional Secretary Rasika Chaube said it is important to […]

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