JSW Steel rises 2% on gas supply worries HSBC raises Tata Steel target to ₹250 British Steel to supply 120,000 mt billet to Nigeria ₹3,200 crore Tata Steel EAF starts in Ludhiana
Swiss company Panatere has inaugurated two solar furnaces in La Chaux-de-Fonds, aimed at recycling steel offcuts from the watchmaking industry using clean solar energy.
The project melts production waste into steel ingots using concentrated sunlight, reducing emissions and promoting short, local supply chains.
Panatere plans to scale up to 1,000 tonnes of recycled steel annually by 2028, employing solar furnaces that reach 2,000°C.
The system uses a 140 m² heliostat with movable mirrors to focus sunlight, representing a breakthrough in eco-friendly industrial metallurgy.
Also Read : Gensol Engineering records ₹12.31 crore net profit in Q3 AESL wins Central Coalfields Ltd.'s ₹250 crore coal handling plant project
Pralhad Joshi, Union Minister for Coal and Mines, stated that the country's coal production will exc...
Renewables 24-Jan-2024
Despite China's recent efforts to support its struggling property sector, the chances remain stacked...
Ferrous 28-May-2024
The budget for the fiscal year 2024–2025 was presented by Tamil Nadu's Finance Minister, Thang...
Notification 19-Feb-2024
Union Minister of Commerce and Industry Piyush Goyal has announced that the government aims to raise...
India 10-Sep-2025
Global Coal Demand Growth Slows in 2024 Amid Renewable SurgeIn a significant shift toward clean ener...
Business 31-Mar-2025
JSW Steel, led by Sajjan Jindal, is projected to report a net profit of ₹1,661 crore as opposed to ₹...
Large Corporate 17-May-2024