India is the world’s second-largest producer of crude steel, with steel serving as an essential raw material for the automotive industry. Prateek Pardeshi assesses the scope of a gradual softening of prices and revival in favour of the automotive industry. India surpassed Japan to become the second-largest producer of steel in the world in 2019. With an overall production of[Read More…]
Steel Ministry of India to take steps to make India future-ready and net exporter, says Rasika Chaube – Additional Steel Secretary at the Inauguration of Global Stainless Steel Expo in Mumbai The three-day Global Stainless-Steel Expo (GSSE) 2022 kicked off on Tuesday at the Jio World Centre, BKC in Mumbai. This is the first and only stainless steel event organised[Read More…]
Light-weighting, made possible by technology and new-age materials, is an effective way to reduce energy consumption and improve performance. This concept has been well accepted and implemented in many industries, particularly in electric vehicles, aircraft or aerospace components, and system design. For a variety of reasons, being lighter is preferable in many applications. The less energy used in manufacturing, the[Read More…]
Deepak Mathur, Sr. Vice President, Global Marketing and Sales at Jindal Aluminium Limited highlights the role of aluminium in EV manufacturing. As a metal, aluminium is not new to the auto industry. It’s over a century since the first sports car featuring an aluminium body premiered at the Berlin International Motor Show in 1899. It has proven itself to be[Read More…]
Domestic flat steel prices are reported to have nearly doubled to Rs.72,000 per tonne in June from Rs.38,000 per tonne a year ago. In comparison, long steel prices rose 1.4 times to Rs.57,900 per tonne. The price rally is expected to benefit through the first half of this fiscal year with flat steel prices up 70 per cent since April.[Read More…]
Steel manufacturers deserve a mention for their sterling efforts to help the ailing healthcare infrastructure in the country meet its oxygen requirements amidst a pan India oxygen emergency crisis in the aftermath of the second wave of Covid-19. For instance, led by Chairman Naveen Jindal, steel manufacturer Jindal Steel and Power Ltd. over the month diverted huge reserves of oxygen[Read More…]
Text: T Murrali Mumbai headquartered Shree Jay Jagdamba Stainless Steel Ltd (SJJSSL) is planning to expand capacity as it expects to utilise the installed capacity of 4,500 tonne fully by 2015. The company is also planning to foray in to forgings later. SJJSSL makes stainless steel, carbon steel, alloy steel billets, hot rolled bars, bright bars, threaded bars and[Read More…]
