Maharashtra clears 937 hectares for Gadchiroli steel expansion Steel stock surges 29% in just two days Steel output rises 14% to 9.25 MT Infrastructure boom fuels India’s steel consumption
Europe’s energy-intensive industries are pushing for lower electricity costs to be made a central part of the EU’s upcoming Electrification Action Plan. In a joint position paper, groups representing steel, chemicals, metals, cement, and paper warned that persistently high power prices are undermining industrial competitiveness and putting decarbonization investments at risk. They are also calling for stronger support for electrification projects, faster development of the EU Single Market for Energy, more cross-border electricity interconnections, and greater system flexibility through renewable and low-carbon energy sources. Industry bodies say the EU must strike a better balance between climate goals and industrial viability, or risk losing manufacturing strength to regions with cheaper and more stable energy.
Also Read : British Steel & govt are about to ink deal on green transformation Flacks Group Prepares to Bid for Thyssenkrupp Steel Europe Amid Talks with Jindal
The Steel Authority of India Limited's (SAIL) Bhilai Steel Plant (BSP) has made tremendous progress...
Defence 30-Apr-2024
Nippon Steel has completed a major fundraising move, selling 600 billion yen (around $3.9 bill...
US 26-Feb-2026
Indian steel producers have sought additional government action to rein in a surge of low-priced imp...
Construction 03-Nov-2025
India's GST collections reached a record high of ₹2.10 lakh crore in April, up 12.4% year on year, a...
Taxation 01-May-2024
India must impose restrictions on "predatorily priced" steel imports and revisit its free-trade agre...
Ferrous 22-Jul-2024
Global Coal Demand Growth Slows in 2024 Amid Renewable SurgeIn a significant shift toward clean ener...
Business 31-Mar-2025