Gadchiroli pitched as Maharashtra’s future green steel hub India set to drive next global steel demand wave Italy crude steel output rises 3.1% in May Green steel progress remains slow worldwide
Azerbaijan and Kazakhstan have partnered to establish a Hot Briquetted Iron (HBI) plant, marking a major milestone in regional industrial cooperation.
The project is designed to boost raw material processing capacity, reduce reliance on imported steel inputs, and strengthen the region’s position in the global steel supply chain. HBI, a compact form of direct reduced iron (DRI), is a preferred feedstock for electric arc furnace (EAF) steelmaking, known for its efficiency and lower carbon footprint.
The initiative aligns with both countries’ ambitions to expand their metallurgical industries while embracing global trends in green and sustainable steel production. Industry experts note that the collaboration also enhances Eurasian economic ties and supports the creation of export-oriented steel capacities.
Also Read : India's JK Lakshmi cement reports 69% surge in Q3 profit NHAI envisions a ₹3,500 cr 68km bypass to relieve congestion in Ayodhya
The Cabinet’s economic affairs panel has approved Coal India Ltd subsidiaries’ equity in...
Renewables 20-Jan-2024
Copper closed 0.38% higher at 734.75, boosted by hopes of fresh measures from China to stabilise its...
China 31-Jan-2024
About ₹12,900 crore has already been invested in the domestic steel sector under the PLI scheme for...
Announcement 14-Feb-2024
ArcelorMittal has secured environmental clearance to set up a steel-powder production facility in Av...
Large Corporate 07-Nov-2025
Microsoft mentioned that a Russian state-sponsored group hacked into its corporate systems on Januar...
USA 20-Jan-2024
A Cocoon, a pioneering materials science startup, has secured $5.4 million in its latest funding rou...
Construction 13-Aug-2024