India–US Trade Tensions Rise Over Steel and Auto Tariffs NMDC Limited reports a 38% drop in Q4 FY24 consolidated net profit RINL to Raise $23 Million Through Land Sales Amid Crisis
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 : Govt completed 281 central infra projects in FY24 Housing scheme in Budget to boost steel, cement, construction
Jindal Stainless (JSL) has started using green hydrogen at its stainless steel mill in Hisar, Haryan...
Ferrous 06-Mar-2024
Tata Steel is exploring utilising nuclear energy to advance its green steel initiatives. It proposes...
Business 22-Aug-2024
India's mining industry dropped iron ore exports by 53% in March 2024 compared to the previous month...
Ferrous 12-Apr-2024
In the coming years, Shyam Metalics and Energy Ltd. intends to invest around ₹650 and ₹750 crore in...
Mid Corporate 10-Apr-2024
According to the Union minister Nitin Gadkari, those coal mines in Maharashtra’s Vid...
Announcement 29-Jan-2024
Tata Steel Ltd has infused ₹4,054.66 crore into its Singapore subsidiary T Steel Holdings Pte. Ltd (...
Large Corporate 25-Sep-2025