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
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 : Adani Ports and Abu Dhabi Ports team up to buy Tanzania International Container Terminal Services NRL to Integrate Green Hydrogen Production, Eyes Net Zero by 2030
Tata Steel, in partnership with TRL Krosaki, has launched a new sustainability initiative by introdu...
India 05-Sep-2025
The European Commission announced on Thursday its approval of €6.9 billion ($7.4 billion) in st...
Europe 15-Feb-2024
Leading oil producer ONGC and largest power company NTPC in India have entered into a joint venture...
Mid Corporate 08-Feb-2024
The economic success of India is grounded in the pursuit of reforms over the last years, Managing Di...
Business 02-Feb-2024
Nvidia briefly outstripped Amazon.com Inc in market capitalisation, propelled by the fervour surroun...
Latin America 13-Feb-2024
Koushik Chatterjee, Executive Director & CFO of Tata Steel, has said that stronger policy suppor...
Large Corporate 14-Nov-2025