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
At the Steel Conclave 2025, industry leaders and policymakers highlighted the growing role of artificial intelligence (AI) and green financing in shaping the future of India’s steel sector.
The Indian Steel Association (ISA) emphasized how AI can transform the steel value chain optimizing supply chains, enhancing logistics, strengthening risk management, and improving infrastructure efficiency. Companies are increasingly using AI tools to reduce costs, boost productivity, and ensure more sustainable operations.
The government’s move to reduce GST on renewable energy products from 12% to 5% is expected to accelerate rooftop solar installations and reduce reliance on coal-based energy.
The discussions also touched on domestic raw material security, particularly increasing iron ore availability, aligning with the goal of “Aatmanirbharta” (self-reliance). Industry leaders, including ISA President Naveen Jindal, stressed that a resilient, future-ready steel sector is vital to India’s economic growth and global competitiveness.
In summary, AI adoption, green financing, and supportive policy reforms are emerging as the three pillars driving the Indian steel industry’s transition towards sustainability and long-term growth.
Also Read : Protect Indian Steel: Jindal Urges Anti-Dumping Duty Jindal Steel Likely to Achieve 12 MT Crude Steel Output in FY 2025-26
Oversupply weighing on near-term prices of copper on the London Metal Exchange (LME) has created rec...
China 10-Jan-2024
A copper supply shortage is projected to strike the global market following the closure of First Qua...
USA 30-Jan-2024
✅ Steel Ministry Secretary to meet AP CM on March 31 for VSP revival talks.✅ Focus on operational...
Announcement 18-Mar-2025
The US prefers bilateral discussions over WTO processes for resolving steel disputes with India. Po...
US 19-Apr-2025
The world’s largest cruise ship is set for its maiden voyage on Saturday, but environmental...
USA 27-Jan-2024
The Odisha group of Mines (OGOM), operating under the Rourkela Steel Plant (RSP) of the state-run st...
Mid Corporate 28-Jun-2024