ArcelorMittal Nippon Steel India Inaugurates Advanced Automotive Steel Mill in Hazira to Boost Self‑Reliance

• Pickling Line and Tandem Cold Mill (PLTCM) inaugurated by His Excellency Mr. Keiichi Ono, Ambassador of Japan to India
• New line marks a major step towards making India fully self‑reliant in the production of Advanced High Strength Steel (AHSS) to meet growing needs of the automotive industry
• Latest unit will support indigenous production of a diverse range of world‑class automotive steel, including first‑of‑its‑kind, patented products, and strengthen the vision of Aatmanirbhar Bharat

ArcelorMittal Nippon Steel India (AM/NS India) today announced the inauguration of an advanced Pickling Line and Tandem Cold Mill (PLTCM) by His Excellency Mr. Keiichi Ono, Ambassador of Japan to India at the company’s flagship plant in Hazira, Gujarat.

With a capacity of 2 million tonnes per annum, the state-of-the-art PLTCM has been inaugurated as a key addition to AM/NS India’s automotive manufacturing capabilities and will soon be configured to produce high‑quality, cold‑rolled base steel, which will be used to manufacture world-class products, including first-of-its kind as well as patented steel solutions from parent companies ArcelorMittal and Nippon Steel. The new line marks a major step towards making India fully self‑reliant in the production of Advanced High Strength Steel (AHSS) to meet the growing needs of the automotive industry.

Among the most advanced production lines in India, the facility integrates state‑of‑the‑art process technology, superior automation, and globally benchmarked quality systems, drawing on the deep technical expertise of the parent companies. The facility is designed to support the manufacturing of advanced automotive steel for Advanced High Strength Steel (AHSS), Galvannealed (GA), Galvanised (GI), and Press Hardened Steel (PHS) applications, having an edge over other mills in the country, providing end-to-end solutions to all automotive companies. These solutions are designed to meet global sustainability standards, enable vehicle lightweighting for improved efficiency and performance, and enhance safety in line with Bharat NCAP (BNCAP) norms.

The dedicated automotive line will significantly strengthen ArcelorMittal Nippon Steel India’s downstream capabilities, aligning them with global benchmarks and supporting the production of AHSS with strength levels of up to 1180 MPa.

The inauguration forms part of AM/NS India’s ongoing ₹ 60,000-crore expansion project at its flagship plant in Hazira, Gujarat, to develop upstream, downstream, and other enabling facilities.

His Excellency Mr. Keiichi Ono, Ambassador of Japan to India, toured the plant to gain firsthand insight into the scale of operations and its growth trajectory.

His Excellency Mr. Keiichi Ono, Ambassador of Japan to India, said: “I congratulate AM/NS India on the commencement of production at its state-of-the-art automotive steel sheet production line at the Hazira plant.

Japanese advanced technology has contributed significantly to the launch of high-end steel product manufacturing in India. This signifies that Japan’s contribution to the “Make in India, Make for the World” initiative has entered a new phase.

Japan and India share a mutually complementary relationship, where Japan’s technology and capital are complemented by India’s manufacturing capacity and growing demand. Having witnessed the vitality of the Hazira Steel Plant firsthand, I am confident that industrial cooperation between Japan and India, and the future of Viksit Bharat, will be a bright one.”

Mr. Dilip Oommen, Chief Executive Officer of ArcelorMittal Nippon Steel India (AM/NS India), said: “ArcelorMittal Nippon Steel India is firmly committed to the ‘Make in India’ and ‘Atmanirbhar Bharat’ initiatives. In line with the commitment and guided by our brand promise – ‘Smarter Steels, Brighter Futures’, we are building state-of-the-art steelmaking assets by leveraging the unparalleled technology and expertise of our parent companies, ArcelorMittal and Nippon Steel – both globally recognised leaders for offering the best automotive steel solutions. The inauguration of the Pickling Line and Tandem Cold Mill (PLTCM) marks an important milestone in this journey, creating the foundation for manufacturing high‑quality, high‑grade automotive steels domestically. This will support import substitution, enhance supply chain resilience, and enable the automotive industry’s transition towards safer, lighter, and more sustainable mobility solutions. It reinforces India’s position as a competitive manufacturing hub aligned with the requirements of next-generation vehicles and global automotive standards.”

The new unit will contribute to meet the growing demand for high-quality, value-added automotive steel in India, which currently stands at 7.8 million tonnes per annum (MTPA) for flat steel and is projected to grow by 6-7% annually. As India rapidly emerges as a global automotive powerhouse – already the world’s third-largest automotive producer with aspirations to become the second largest, the need for world-class steel to support premium and technologically advanced vehicles is becoming more critical.

Shyam Metalics Expands CRM Facility, Targets Solar, Auto & Consumer Durables Segments

Shyam Metalics and Energy Limited, one of India’s leading integrated metal producers, today announced the successful commissioning of Phase II of its Cold Rolling Mill (CRM) facility for colour coated sheets at its Jamuria plant in West Bengal. The facility, operated by its wholly owned subsidiary, Shyam Sel and Power Limited (SSPL), has commenced commercial production effective 16th April 2026.

Phase II comprises an advanced processing Dual Pot GI cum Galvalume (GL) line with a capacity of 0.15 million tonnes per annum (MTPA), significantly enhancing the Company’s product range and technical capabilities. This expansion marks a critical step towards catering to more demanding and precision-driven applications across industries. With this incremental capacity, the total installed capacity of the CRM facility reached to 0.40 MTPA. This includes the existing Phase I capacity of 0.25 MTPA and the newly commissioned Phase II capacity, further strengthening the Company’s footprint in the value-added steel segment.

With this development, Shyam Metalics is now strategically positioned to cater the solar energy sector, particularly in the manufacturing of mounting structures for solar panels, an area that was previously heavily dependent on imports. By addressing this gap, the Company is actively contributing to India’s vision of self-reliance and domestic manufacturing excellence.

The Phase II expansion also aligns with the Government of India’s Production Linked Incentive (PLI) Scheme – PLI 2, reinforcing Shyam Metalics’ commitment to national initiatives aimed at boosting advanced manufacturing and reducing import dependency.

In addition to renewable energy applications, the enhanced facility will cater to a broader spectrum of high-growth sectors, including automotive and consumer durables/appliances, where demand for high-quality, precision-engineered steel continues to rise and has been primarily import-dependent.

This strategic expansion not only deepens Shyam Metalics’ presence in downstream value-added products but also strengthens its integrated manufacturing ecosystem. With improved product diversification and market reach, the Company is well-positioned to unlock new revenue streams while supporting India’s industrial and infrastructure growth trajectory.

The expanded facility, strategically located in the eastern region of India, offers significant logistical advantages, enabling Shyam Metalics to efficiently serve key demand centres while addressing the region’s supply gap in value-added flat steel products. This Phase II expansion further strengthens the Company’s downstream capabilities and reinforces its position as a leading player in the steel value chain.

Commenting on the expansion, Mr. Brij Bhushan Aggarwal, Chairman and Managing Director, of Shyam Metalics and Energy Ltd., stated, “The commissioning of Phase II of our Flat Products project is a strategic step towards strengthening our value-added product portfolio and improving overall realizations. With this expansion, we are further strengthening our ability to cater to high-growth, high-margin segments such as solar, automotive and consumer durables.

This phase is expected to drive a better product mix, support margin expansion, and contribute meaningfully to incremental EBITDA over the medium term. Our inclusion under the Government’s PLI Scheme further enhances the overall return profile of the project.

We remain focused on disciplined capital allocation, with a strong pipeline of value-accretive expansions under evaluation and expect optimal ramp-up within the next 10–12 months.”

About Shyam Metalics and Energy Limited

Shyam Metalics is a leading and fastest-growing integrated metal-producing company based in India primarily in the steel Industry in West Bengal, Odisha, Jharkhand and Madhya Pradesh with a focus on Long Steel Products, Ferro Alloys, Aluminium and Stainless Steel. The company got listed itself on the exchanges in 2021 and as on date of this press release possesses a market capitalization of more than ₹ 24,500 Cr. Spearheaded by Mr. B. Bhushan Agarwal, Chairman and Managing Director, the company strives to deliver unparalleled quality through their customised value-added solutions to meet business requirements. Headquartered in Kolkata, West Bengal, the company is amongst the largest producers of ferro alloys in terms of installed capacity in India (Source: CRISIL Report).

The company has the ability to sell intermediate and final products across the steel value chain. Shyam Metalics is one of the leading players in terms of pellet capacity and the largest coal fired player in the sponge iron industry in terms of sponge iron capacity in India. As on date, the aggregate installed metal capacity of its manufacturing plants is 16.78 MTPA (comprising intermediate and final products) and having 467 MW aggregated installed capacity captive power plants.

SAIL Supplies 4,000 Tonnes of Indigenous Steel for INS Taragiri, Strengthening India’s Defence Manufacturing

INS Taragiri, the fourth Nilgiri-class (Project 17A) stealth frigate, was commissioned into the Indian Navy on April 3, 2026, at Visakhapatnam. Built by Mazagon Dock Shipbuilders Limited (MDL) and powered by 4,000 tonnes of indigenous steel from Steel Authority of India Limited (SAIL), the warship marks a major milestone in India’s defence indigenisation and maritime self-reliance.

The Nilgiri-class (Project 17A) frigates are India’s latest generation of indigenous stealth warships, designed as versatile multi-mission platforms with advanced stealth, automation, and firepower. They represent a major leap in self-reliant naval shipbuilding under the Atmanirbhar Bharat initiative.  

Key Highlights of INS Taragiri Commissioning

⚓️ Legacy. Power. Purpose.

From steel to sea, #Taragiri stands ready.#IndianNavy is set to commission #INSTaragiri.

🗓️ 03 April 2026
📍 Visakhapatnam
A testament to strength, precision & #Aatmanirbharta.#RiseAbove @indiannavy @IN_HQENC @IN_WNC @IN_HQSNC pic.twitter.com/DhRO1pzLT7

— IN (@IndiannavyMedia) April 1, 2026

• Commissioning Date & Venue: April 3, 2026, Naval Dockyard, Visakhapatnam
• Presiding Dignitary: Defence Minister Rajnath Singh led the ceremony
• Shipbuilder: Mazagon Dock Shipbuilders Limited (MDL), Mumbai
• Class & Project: Fourth vessel of the Nilgiri-class (Project 17A)
• Displacement: Approx. 6,670 tonnes
• Steel Supply: 4,000 tonnes of special-grade steel supplied by SAIL

Role of SAIL in Defence Indigenisation

SAIL has been a consistent contributor to the Indian Navy, supplying thousands of tonnes of indigenous, special‑grade steel for key warships like INS Taragiri (2026), INS Arnala (2025), and INS Androth (2025). These supplies have enabled India to reduce dependence on imports and strengthen defence self‑reliance.  

• Supplied DMR 249A grade hot-rolled sheets and plates
• Earlier contributions include INS Vikrant, INS Nilgiri, INS Himgiri, INS Udaygiri
• Reinforces Atmanirbhar Bharat and Make in India

Project 17A – India’s Stealth Frigate Program

• Total of seven frigates under construction at MDL and GRSE
• Successor to Shivalik-class with enhanced stealth and automation
• INS Taragiri named after the erstwhile Leander-class frigate (1980–2013)

Ships in the Class

1. INS Nilgiri – Lead ship, launched 2019, commissioned 2025.
2. INS Himgiri – Delivered July 2025 (GRSE). 
3. INS Udaygiri – Commissioned 2025. 
4. INS Taragiri – Commissioned April 3, 2026 (MDL). 
5. INS Dunagiri – Delivered March 30, 2026 (GRSE). 
6. INS Vindhyagiri – Launched August 2023.  
7. INS Mahendragiri – Under construction.  

Strategic Significance

• Strengthens India’s ability to safeguard its 11,000 km coastline
• Demonstrates domestic capacity to design and build complex warships
• Showcases collaboration between MDL and SAIL

Below is a comparison table between the Nilgiri-class (Project 17A) and its predecessor, the Shivalik-class (Project 17) frigates. This highlights the technological leap India has made in stealth warship design:

Nilgiri-class (Project 17A) Vs Shivalik-class (Project 17)

The Nilgiri-class (Project 17A) frigates represent India’s latest generation of indigenous stealth warships, building on the foundation of the Shivalik-class (Project 17).

Key Features of Nilgiri-class (Project 17A)

• Advanced stealth shaping, infrared suppression, and acoustic quieting
• Displacement of ~6,670 tonnes
• High automation with reduced crew workload
• 75% indigenous content including SAIL steel
• Equipped with BrahMos missiles, Barak-8 SAM, and advanced CIWS

Comparison Table

Feature	Shivalik-class (Project 17)	Nilgiri-class (Project 17A)
Commissioning Period	2010–2012	2025–2026 (ongoing)
Number of Ships	3 (INS Shivalik, INS Satpura, INS Sahyadri)	7 planned (INS Nilgiri, Himgiri, Udaygiri, Taragiri, Dunagiri, Vindhyagiri, Mahendragiri)
Displacement	~6,200 tonnes	~6,670 tonnes
Length	~142 meters	~149 meters
Beam	~16.9 meters	~17.8 meters
Propulsion	CODOG (LM2500 gas turbines + Pielstick diesels)	CODOG (LM2500 gas turbines + MAN diesels)
Speed	~30 knots	~32 knots
Range	~5,000 nautical miles	~2,500 nautical miles
Stealth Features	Basic radar signature reduction	Advanced stealth shaping, infrared suppression, acoustic quieting
Weapons	Klub missiles, Barak-1 SAM, AK-630 CIWS	BrahMos missiles, Barak-8 SAM, advanced CIWS
Automation	Moderate digital integration	High automation, reduced crew workload
Indigenous Content	~60%	~75% (including SAIL steel)
Shipbuilders	MDL (Mumbai)	MDL (Mumbai) & GRSE (Kolkata)

Key Takeaway

• Shivalik-class was India’s first indigenous stealth frigate program
• Nilgiri-class builds on that foundation with greater stealth, automation, and indigenous content
• Represents one of the most capable frigate classes in Asia

The Nilgiri-class (Project 17A) frigates are central to India’s naval modernization, combining indigenous design, advanced weapons, and strategic self-reliance.

The commissioning of INS Taragiri is not just a naval milestone but a symbol of India’s growing industrial and defence ecosystem. With SAIL’s indigenous steel at its core, the frigate embodies the nation’s push toward Atmanirbhar Bharat, ensuring that India’s maritime strength is forged at home.

And, SAIL’s contributions — from 4,000 tonnes for INS Taragiri to entire steel requirements for INS Arnala and INS Androth — highlight its pivotal role in India’s naval modernization. By supplying indigenous, special‑grade steel, SAIL strengthens both the Indian Navy’s fleet and India’s strategic goal of defence self‑reliance.  

Andhra Pradesh Ushers in India's Largest Steel Project as Naidu Govt Turns Vision into Reality

Andhra Pradesh is making waves in the 'Make in India' initiative with the laying of the foundation stone for ArcelorMittal Nippon Steel (AMNS), the massive Rs.1.36 lakh crore greenfield steel plant here on March 23. The project is billed as the largest in India and has an annual capacity of 17.8 million tonnes of finished steel and the potential to generate over 1 lakh jobs, fueling industrial growth and employment in Andhra Pradesh.

The foundation ceremony was attended by Indian and global dignitaries including Union Steel Minister H.D. Kumaraswamy, global steel magnate and owner of ArecelorMittal, Lakshmi Mittal, and his son Aditya Mittal, signaling Andhra Pradesh's emergence as a manufacturing powerhouse. Additional MoUs for skilling programs were also signed to ensure sustained job growth for locals.

But the project has been caught in political debate. Recently, YSRCP chief Y.S. Jagan Mohan Reddy claimed that his government planted the seeds through preliminary discussions with global leaders, including a 2022 Davos meeting with Aditya Mittal and preliminary MoU talks. However, despite these claims of initial talks, there had been no advancement in the project whatsoever, and no land was allotted or clearances given during that period. As a result, the project remained a stillborn one without any sign of progress.

When the TDP government returned to power through its alliance with the Janasena Party and Bharatiya Janata Party (BJP), CM Naidu’s governance took up this initiative and finalized the deal through direct talks and in just 21 months, clearances were obtained, four-lane links were built to NH-16, provided dedicated utilities were provided, transforming early discussions into a shovel-ready reality.

The AMNS project reflects the Andhra Pradesh government’s renewed drive to turn big ideas into tangible results. While early engagements laid the groundwork, the project’s rapid progression to on-ground implementation underscores a decisive governance approach focused on speed, infrastructure readiness, and investor confidence. As the state positions itself as a key manufacturing hub under Make in India, this development signals not only economic momentum but also long-term employment generation and industrial growth for the region. And this will stand as a shining example of industrial and economic growth for the entire country.

Tata Steel & constructsteel Launches Climate-Resilient Zero Energy Building Using Advanced Steel Technology

ZEB Odisha

• 1,836 sq. ft. next-generation facility, completed in 3.5 months
• Showcases India's pathway to sustainable, climate-resilient construction

Tata Steel, in partnership with constructsteel, the steel construction market-development programme of the World Steel Association, inaugurated a pioneering steel-based Zero Energy Building (ZEB) constructed using advanced Light-Gauge Steel Frame (LGSF) technology.

T V Narendran, CEO & Managing Director of Tata Steel, inaugurated the 1,836 sq. ft. facility in the presence of Dr Edwin Basson, Director General of the World Steel Association (worldsteel). Built in just 3.5 months, the facility represents a significant step in India’s move towards net-zero, energy-efficient, and climate-resilient infrastructure.

The steel-based zero energy building reflects the future of construction,” commented T V Narendran. Our partnership with constructsteel showcases how modern, energy-efficient, and low-carbon solutions can be replicated at scale across India and integrated into mainstream infrastructure.

ZEB Inauguration

The LGSF technology, where precisely manufactured steel sections are assembled like a frame, allows the building to achieve a tight envelope with minimal air leakage, better insulation, and reduced energy loss. Steel makes the structure lighter, faster to build, and highly durable, while its recyclability ensures lower long-term environmental impact.

Designed to produce as much energy as it consumes, the steel-based ZEB combines ultra-low operational energy demand with on-site renewable energy generation, achieving annual net-zero energy use. The building uses high-performance glazing, well-insulated walls & roof panels, and natural ventilation wherever possible. To generate clean power on-site, it uses rooftop solar panels and Building-Integrated Photovoltaics (BIPV). The building also includes rainwater harvesting and low-flow fixtures to optimise water consumption.

Tata Steel Board Clears Multi-Billion Expansion, Bets on Low-Carbon Future

Tata Steel Board in its meeting today affirmed the long-term growth strategy for India business and considered several options and proposals, some of which is disclosed below. In line with stated objective of pursuing prudent capital allocation and profitable growth, Tata Steel will prioritize investments in the following areas

a) Investment in the volume growth

b) Investment in value added downstream portfolio

c) Investment in identified mining assets and infrastructure to serve the needs of the India business and, 

d) Invest in new to the world low carbon low capital intensity process technologies for sustainable steel making of the future.

1. The Board has accorded in-principle approval for the 4.8 MTPA capacity expansion at Neelachal Ispat Nigam Limited. This is Phase 1 of the capacity expansion in NINL and will enable Tata Steel to further expand the long products portfolio especially in the highly profitable retail space and capitalize on the growth of construction sector in India through new products and solutions.
2. As part of further enhancing the finished steel capacity in the flats products, the Board has approved the funds required to undertake the design and engineering work to set up of a 2.5 million tons Thin Slab Caster and Rolling facilities at Tata Steel Meramandali and also progress on seeking all regulatory approvals for the expansion. This will expand the finished steel capacity particularly of thinner gauge products by 2.5 MTPA.
3. Tata Steel has been steadily expanding its downstream facilities across various product lines to serve the needs of its customers. In line with this strategy and following the recent decision to consolidate the holdings in Tata Steel BlueScope Private Limited, Joint Venture in the color coated business for construction, the Board today approved the plan to set up a 0.7 MTPA Hot Rolled Pickling and Galvanizing Line (HRPGL) at its existing Cold Rolling Complex in Tarapur, Maharashtra. This will be ‘first of its kind’ facility in India and will enable Tata Steel to meet the requirements of its automotive customers for import substitution and further consolidate its leadership position in this segment.
4. As Maharashtra aims to grow to a USD 1 trillion economy in the near future and to cater to the growing demand of customers in Western and Southern India, Tata Steel has signed a MoU with Lloyd Metals & Energy Ltd to partner in the areas of iron ore mining, logistics including slurry pipeline, pellet and steel making. Both companies will jointly explore the following opportunities in the Gadchiroli district of Maharashtra,
1. Operate mining concessions and associated infrastructure, with the objective to increase iron ore production and be a prominent player in this growing region developing as a new iron ore hub of India,
2. Development of a greenfield 6 million tons steel capacity by Tata Steel in two phases and
3. Strategic cooperation in the proposed integrated steel projects already being developed by Lloyds Metals & Energy Limited (LMEL) in Gadhchiroli. All proposed initiatives are subject to further detailed evaluation, due diligence, and receipt of requisite internal and regulatory approvals.
5. Tata Steel has also signed definitive agreements to acquire 50.01% stake in Thriveni Pellets Private Limited (TPPL), subject to regulatory approvals. TPPL owns 100% stake in Brahmani River Pellet Limited (BRPL), which operates a 4 MTPA pellet plant at Jajpur, Odisha along with a 212 Kilometer slurry pipeline. LMEL holds the balance 49.99% stake in TPPL.
6. Tata Steel has been operating its pilot plant on HIsarna technology for a decade in its Ijmuiden plant. HIsarna technology is a low carbon technology that uses inferior quality iron ore, eliminates the usage of coke and also uses steel slag in its process, hence making it a sustainable technology for the future. In the last couple of years, Tata Steel along with a large global steel company has been jointly running trials in the IJmuiden Pilot Plant. The Board today reviewed the progress of the trials, reviewed the scalability opportunities of the technology and have given the approval to commence engineering work and to commence regulatory approval process to set up a demonstration plant around 1 MTPA capacity in Jamshedpur. Tata Steel owns the global intellectual property rights of the HIsrana process technology, and this is one of the key focus areas in the new technology space for the Company.

Fabex Steel Structures Inaugurates ₹120-Crore, 50,000 MT Pre-Engineered Building, and Steel Structures Unit in Telangana

• Targets ₹1,000-Crore Revenue with New Facility and Global Expansion.
• Plans to infuse additional ₹100-Crore Investment over the next 3 years.
• Plans to double its workforce to 800 as operations ramp up.

Hyderabad based Fabex Steel Structures today announced the commissioning of its second manufacturing unit at Chityal, near Hyderabad. Built with an investment of ₹120 crore and spread across 40 acres, the new unit marks a significant step in the company’s long-term capacity, and business expansion strategy.

The Chityal facility adds 50,000 MT of annual production capacity, bringing Fabex’s total to 100,000 MT across its two units. The company also operates a high-capacity plant in Vijayawada, supporting domestic and export demand for pre-engineered buildings and structural steel solutions.

Fabex plans to invest an additional ₹100 crore over the next 2–3 years to further enhance manufacturing capabilities and drive innovation. The new unit will focus on producing pre-engineered buildings for industrial applications including factories, warehouses, and logistics infrastructure.

We are aligning our capital deployment with market momentum across our product lines. The ₹100-crore follow-on investment over the next 24–36 months will focus on automation, throughput enhancement, and product diversification, said Venu Chava, Co-Founder and Managing Director of Fabex Steel Structures.

Founders along with Dignitaries during the inaugural

Mr.I V Ramana Raju, Co-Founder and CEO Lighting the lamp along with Mr. Venu Chava Co-Founder and Managing Director 

“With a combined annual capacity of 100,000 MT, we now have the scale to support multi-site PEB rollouts and turnkey design-to-installation projects across India and overseas. We are planning to diversify into new segments” said I V Ramana Raju, Co-Founder and CEO of Fabex Steel Structures.

Fabex, with a turnover of ₹ 463 Crore, employs 400 people and plans to double its workforce to 800 as operations ramp up. The company is targeting ₹1,000 crore in revenue over three years, backed by 70% client retention and expanding global reach.

Fabex exports to three continents, with key markets in North America, Africa, and the Middle East. The company is actively exploring new geographies to expand its global reach.

The inauguration of the new unit on Sunday saw the presence of Sri Vemula Veeresham, MLA Nakerekal; Sri Vasantha Krishna Prasad, MLA Mylavaram; and Sri Sriram Rajagopal, MLA Jaggayyapeta, along with industry stakeholders and dignitaries—highlighting Fabex’s growing contribution to India’s structural steel manufacturing landscape.

About Fabex Steel Structures: FABEX Steel Structures founded in 2020 is engaged in design, detailing, fabrication and installation of Pre-Engineered Buildings and Steel Structures. We are one of the leading solution providers with services ranging from design to installation serving several industries like warehouse, sugar processing, aerospace, heavy manufacturing, FMCG, electrical, food processing, automobile and many more. To know more https://fabexsteel.com.

JSW Steel, POSCO Forge Pact to Explore $6B Steel Plant in India

JSW Steel and South Korea’s POSCO Group have signed a non-binding Heads of Agreement (HoA) to explore setting up a 6 million tonnes per annum (MTPA) integrated steel plant in India.

Key Highlights of the Partnership

• Joint Venture Structure: Proposed as a 50:50 partnership between JSW Steel and POSCO.
• Location Under Consideration: Odisha is a prime candidate due to its rich natural resources and logistical advantages.
• Strategic Intent: The venture aligns with India’s Atmanirbhar Bharat vision and aims to create a globally competitive manufacturing hub for both domestic and export markets.
• Next Steps: A detailed feasibility study will be conducted to finalize the plant’s location, investment terms, and resource availability.

Why This Matters

• JSW Steel: India’s leading integrated steel producer with a capacity of 35.7 MTPA.
• POSCO Group: A global steelmaking leader from South Korea, known for its technological prowess.
• Industrial Impact: The collaboration is expected to boost India’s steel production capacity and support industrial growth, especially as global steel demand shifts toward emerging markets like India.

India is witnessing a surge in large-scale steel plant developments, with several mega projects slated for completion by 2026. These initiatives reflect the country’s strategic push toward self-reliance in steel production, infrastructure expansion, and industrial growth.

JSW Steel is spearheading a massive greenfield project in Paradip, Odisha, with an estimated investment of ₹65,000 crore. The plant will have a capacity of 13.2 million tonnes per annum (MTPA) and is designed as an integrated facility, including power generation, cement production, and port connectivity. This project is expected to significantly boost JSW’s footprint in eastern India and support downstream industries.

JSW Steel is also expanding its Dolvi plant in Maharashtra from 10.0 MTPA to 14.5 MTPA. The addition of a new blast furnace will contribute 4.5 MTPA, with commissioning expected by March 2026. This expansion complements JSW’s broader strategy to meet rising domestic demand and strengthen its coastal manufacturing base.

Besides, ArcelorMittal Nippon Steel (AM/NS India) is also expanding its Hazira plant in Gujarat from 9.0 MTPA to 15.0 MTPA. With an investment of ₹60,000 crore, the expansion includes the addition of two new blast furnaces and other critical infrastructure. The full commissioning is targeted for 2026, positioning AM/NS as one of the largest private steel producers in the country.

Jindal Steel & Power is ramping up its Angul facility in Odisha from 9.6 MTPA to 15.9 MTPA, backed by a ₹31,000 crore investment. This expansion is part of the company’s broader strategy to consolidate its presence in eastern India and enhance its export capabilities. Most of the new capacity is expected to be operational by March 2026.

In Maharashtra, Surjagad Ispat is developing a new steel plant in Gadchiroli district, a tribal region with significant mineral resources. The ₹10,000 crore project has cleared its environmental public hearing and aims to bring industrial development to a relatively underserved area. While specific capacity details are yet to be disclosed, the project is seen as a catalyst for regional growth.

Breakthrough at Kalinganagar: Tata Steel Rolls Out First Galvanised Coils from State-of-the-Art CGL-1

Tata Steel Kalinganagar has successfully rolled out its first batch of galvanised coils from the plant’s new state-of-the-art Continuous Galvanising Line (CGL-1) at the Cold Rolling Mill complex.

The batch was flagged off by Karamveer Singh, General Manager (Operations), Tata Steel Kalinganagar, in the presence of Rabindra Kumar Jamuda, President, Tata Steel Kalinganagar Worker’s Union, along with other senior officials.

Tata Steel Dispatches the First Batch of Galvanised Coils from its New Continuous Galvanising Line in Kalinganagar, Odisha

This milestone marks a significant step in Tata Steel’s capabilities, particularly for the automotive and appliances sector. The advanced Continuous Galvanising Line technology incorporates a third-generation air-knife with magnetic stabiliser, an oxidation chamber, and best-in-class secondary coatings. These features enable the production of high-quality automotive steel, including coated Advanced High Strength Steels (AHSS), ensuring exceptional consistency and reliability.

Prabhat Kumar, Vice President - Marketing & Sales (Flat Products), Tata Steel, said: “The new Continuous Galvanising Line (CGL-1) at Kalinganagar has been engineered to produce advanced coated products with superior surface finish, formability, and corrosion resistance - specifically outlined to meet the stringent quality requirements of the automotive and appliance sectors. This state-of-the-art line has been designed with a forward-looking approach, tailored specifically to meet the evolving needs of our discerning customers. With advanced technology and sustainable practices at its core, the facility reinforces Tata Steel’s position as a trusted partner for the future of mobility.”

Last year, Tata Steel had successfully commissioned India’s largest blast furnace at Kalinganagar, Odisha. With a total investment of Rs 27,000 crore, the Phase II expansion at Kalinganagar has augmented the total capacity at the site from 3 million tonnes per annum (MTPA) to 8 MTPA. The CGL-1, part of the Cold Rolling Mill, is an integral part of the Phase II expansion alongside other facilities including Pellet Plant and Coke Plant – each incorporating advanced technologies and sustainable practices.

Being one of India’s most modern and advanced integrated steel plants, Tata Steel Kalinganagar produces world-class steel for critical sectors such as defence, automotive, infrastructure, engineering, capital goods, oil & gas, renewable energy, and shipbuilding.

JSW Group to Invest $120 Bn for World's Largest Steel Plant in Maharashtra

JSW Group, led by Chairman Sajjan Jindal, announced an investment of ₹1 lakh crore (approximately $120 billion USD) to build the world's largest steel plant in Gadchiroli, Maharashtra. The plant will have a capacity of 25 million tonnes per annum and is expected to be completed in seven to eight years, with the first phase ready in four years.

Gadchiroli in Maharashtra has significant reserves of high-quality iron ore. The region has significant reserves of high-quality iron ore, with a grade of nearly 64%, making it one of the best sources globally.

The planned Gadchiroli plant will surpass the current largest plant in India, which is the Steel Authority of India Limited (SAIL) plant in Bhilai with a capacity of 7 million tonnes.

The Gadchiroli steel plant will have a capacity of 25 million tonnes per annum, making it the largest in the world.

Iron ore in Gadchiroli was first discovered by Jamshedji Tata in the early 1900s. However, mining activities were limited due to the presence of Maoist insurgents until recent years.

The entire plant is expected to be completed in seven years, with the first phase ready in four years. The plant aims to be the most beautiful and environmentally friendly steel-making facility in the world.

The project is expected to boost employment opportunities and economic growth in the Vidarbha region. This project is part of JSW Group's broader vision to develop the Vidarbha region as a steel hub, which could significantly impact India's steel production and economy.

The state government plans to develop Gadchiroli and the surrounding areas into a steel hub, with multiple steel ventures planned in the district.

Tata Steel Becomes India’s 1st Steel Co. to Develop Steel Pipes for Hydrogen Transportation

• Company successfully developed hydrogen-compliant API X65 grade steel pipes, contributing to the National Green Hydrogen Mission of India

Tata Steel becomes India’s first steel company to demonstrate end-to-end capabilities to develop pipes for the transportation of hydrogen, marking a significant milestone towards achieving the country’s National Hydrogen Mission.

The API X65 ERW pipes processed at Tata Steel’s Khopoli plant, using the steel manufactured at the Company’s Kalinganagar plant, successfully achieved all the critical properties required for hydrogen transportation. The hydrogen qualification tests were carried out at RINA-CSM S.p.A, Italy, a leading approving agency for hydrogen-related testing and characterisation. The new hydrogen-compliant API X65 grade pipes can be used for the transportation of 100% pure gaseous hydrogen under high pressure (100 bar).

Prabhat Kumar, Vice President - Marketing & Sales (Flat Products), Tata Steel, said: “Tata Steel has always been at the forefront of developing technologies for manufacturing critical steel grades. The successful testing of the new ERW pipes demonstrates our capabilities to deliver critical physical infrastructure for the energy sector, domestically. We are proud to contribute to India’s National Hydrogen Mission, which by itself is a key component of the country’s ongoing clean energy transition. Tata Steel is proud to be the first Indian steel company to successfully take on this challenge and deliver products to cater to the emerging domestic and global demand for these special grade steel pipes.”

Tata Steel's Research and Development team has been extensively engaged in developing innovative and sustainable solutions for hydrogen transportation and storage. In this case, the complete technology development, from the design and development of the hot rolled steel to the pipe manufacturing, was done entirely in-house. In 2024, Tata Steel also became the first Indian steel company to produce hot-rolled steel for the transportation of gaseous hydrogen.

National Hydrogen Mission will enable India to build capabilities to produce at least 5 million metric tonnes (MMT) of Green Hydrogen per annum by 2030, with the potential to reach 10 MMT per annum with additional demand for exports which would require substantial investments in generation and transportation. The demand for steel compliant with hydrogen transportation is expected to start from 2026-27, with the total steel requirement of 350KT spanning over the next 5 to 7 years. While various mechanisms of hydrogen transportation are available, steel pipelines are considered economically more viable for mass transportation.

JSW Steel To Acquire India Unit of German Steel Distributor thyssenKrupp Electrical Steel Via New JV with Japanese Steel Producer

JSW Steel, in collaboration with Japan's JFE Steel, has announced a joint venture to acquire Germany-based thyssenkrupp Electrical Steel India, which is one of the first manufacturers of electrical steel in India and reported a revenue of ₹1,271 crore for the fiscal year 2023-24.

The newly formed joint venture will acquire thyssenkrupp's grain-oriented electrical steel (GOES) unit in Nashik for ₹4,051 crore (approximately €440 million) in an all-cash deal.

The acquisition is being made through a 50:50 joint venture between JSW Steel and JFE Steel, named JSW JFE Electrical Steel Private Limited.

The transaction is expected to be completed within eight months, subject to regulatory approvals.

The acquisition will enhance JSW Steel's capabilities in the electrical steel segment, which is crucial for manufacturing components used in electric transformers, generators, and Motors.

This move is part of JSW Steel's strategy to strengthen its position in the specialty steel market and support India's growing demand for advanced materials.

JSW Steel has been actively expanding its portfolio through strategic acquisitions.

In 2018, JSW Steel made two acquisitions. It acquired Bhushan Steel for ₹19,350 crore (approximately $2.8 billion), which significantly increased its steel production capacity. In the same gesr, JSW Steel acquired Monnet Ispat & Energy for ₹2,875 crore (approximately $400 million), adding to its integrated steel production capabilities.

In 2014, JSW Steel acquired Ispat Industries for ₹18,000 crore (approximately $2.9 billion), further strengthening its position in the steel industry.

Tata Steel To Go Beyond Steel and Diversify Into FRP Composites, Graphene and Medical Implant Materials

Tata Steel is expanding its horizons beyond traditional steel production. The global steel company is venturing into knowledge-intensive materials to create parallel revenue streams. Specifically, Tata Steel is exploring areas like fibre-reinforced polymers (FRP) composites, graphene, and medical implant materials. By diversifying into these new materials, Tata Steel aims to counter the cyclicality of the steel business and drive revenue streams in parallel to steel business.

At the 68th Annual General Meeting (AGM) of the Madras Management Association held in Chennai, T. V. Narendran, the Managing Director and CEO of Tata Steel, addressed the audience. During his speech, he highlighted Tata Steel's strategic diversification into knowledge-intensive materials beyond steel production.

Used in aerospace, automotive, and construction Industries, Knowledge-intensive materials refer to substances or composites that are developed through advanced research, scientific understanding, and specialized expertise. These materials often exhibit unique properties or functionalities beyond what traditional materials offer.

While Fibre-Reinforced Polymers (FRP) Composites are combinations of fibres (such as glass, carbon, or aramid) embedded in a polymer matrix (like epoxy or polyester). Tata Steel's FRP business fetched a revenue of ₹375 crore in FY24, according to its latest annual report.

Graphene is a single layer of carbon atoms arranged in a hexagonal lattice. It is known for its exceptional strength, electrical conductivity, and flexibility. It finds its applications in electronics, energy storage, and materials Science. Tata Steel, a flagship company of the Tata Group, has been actively involved in graphene research and development. In 2016, Tata Steel launched its Graphene Initiative and established the Graphene Centre in Jamshedpur, India. This move had signaled Tata Steel's transition from a traditional steel company to a materials production company, emphasizing advanced materials like graphene. In 2017, Tata Steel released a graphene-based product range called "Tiscon Superlinks+". These were graphene-coated stirrups used in construction applications.

Tata Steel continues its research and commercialization efforts related to graphene. The company explores opportunities in graphene supply, processing, and applications.

Beside these, Tata Steel is also getting into Medical Ceramics, which according to Narendran, is imported from outside. 
Medical ceramics play a crucial role in healthcare due to their unique properties. The global medical ceramics market reached $11.3 billion in 2023. By 2032, it's expected to reach $17.3 billion, exhibiting a CAGR of 4.7% during 2024-2032.

By leveraging its expertise in material science, Tata Steel aims to create parallel revenue streams while continuing to build steel plants. This forward-thinking approach reflects their commitment to innovation and sustainable growth.

The Tata Steel CEO Narendran also mentioned Tata Steel’s previous attempt in the titanium business and the company's efforts to build a project in Tamil Nadu. The company had plans to set up a project near Thoothukudi due to the availability of rutile sand in the state and had even begun acquiring land. However, the project did not materialize due to several reasons. To recall, in 2003, Tata Steel initiated a feasibility study for an integrated titanium dioxide plant in Tamil Nadu through an agreement with Outokumpu-Lurgi, Pincock Allen Holt, and Larsen & Toubro.

Tata Steel's strategic diversification reflects its commitment to innovation and sustainable growth beyond traditional steel manufacturing.

Tata Steel Becomes the 1st Indian Steel Co. to Ship Fully Loaded Cargo on B24 Biofuel for Its Raw Material Shipment From Australia to India

Tata Steel has recently announced that it has become the first Indian steel company to complete a full laden leg voyage using B24 biofuel for transporting raw materials from Australia to India.

B24 biofuel is a sustainable marine fuel blend that consists of 24% used cooking oil methyl ester (UCOME) and 76% very low-sulphur fuel oil (VLSFO) 1. This blend is increasingly being used in the maritime sector as a 'plug-and- play' solution to reduce carbon emissions while the industry transitions to lower or zero- carbon alternatives.

This significant achievement by Tata Steel involved importing 1,48,500 metric tons of coal from Gladstone, Australia to Paradip, India, with a 20% reduction in carbon emissions compared to traditional methods.

The vessel, MV Cape XL, embarked on this journey from Gladstone port on April 17, 2024, and successfully berthed at Kalinga International Coal Terminal Paradip Private Ltd. (KICTPPL) on May 8, 2024. The use of B24-grade biofuel, which is a blend of 24% used cooking oil methyl ester (UCOME) and 76% very low sulphur fuel oil (VLSFO), resulted in approximately 565 tons less carbon emission.

This initiative not only demonstrates Tata Steel's commitment to reducing carbon emissions but also sets a new standard for sustainability in the maritime industry. It aligns with the company's ambitious Scope 3 reduction targets and marks a milestone in India's maritime sector. Tata Steel's proactive approach towards sustainable shipping practices is commendable and showcases their alignment with global efforts to combat climate change.

Impact on Tata Steel's overall carbon footprint

Tata Steel's use of B24 biofuel for its raw material shipment is a significant step towards reducing its overall carbon footprint. The company has set ambitious sustainability goals, including a 30% reduction in CO2 emissions by 2030 and a 75% reduction by around 2035, with the ultimate goal of achieving carbon neutrality by 2045.

The successful voyage using B24 biofuel, which resulted in a 20% reduction in carbon emissions for that shipment, contributes to these targets¹. By adopting greener shipping practices and investing in sustainable technologies, Tata Steel is actively working to lower the emission intensity of its steel production.

Moreover, Tata Steel is exploring the transition to green hydrogen-based steel making and other innovative technologies to further reduce emissions³. The company's commitment to climate action is also reflected in its endorsement of the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD).

Overall, such initiatives are critical for Tata Steel to meet its carbon footprint reduction targets and align with global efforts to combat climate change. The impact of these measures is expected to be substantial, considering Tata Steel's scale and the steel industry's significant contribution to global CO2 emissions.

Tata Steel and TEXMiN of IIT (ISM) Dhanbad Partner to Catalyze Innovation in India’s Mining Sector

Tata Steel and TEXMiN, the Mining Technology Innovation Hub at IIT (ISM) Dhanbad, have entered into a strategic alliance to transform India's mining sector. This partnership is set to catalyze innovation and reshape the landscape of natural resource management in the country. 

The collaboration was announced on April 30, 2024, and involves Tata Steel's Industrial Consulting Division (TSIC) and TEXMiN, at IIT (ISM) Dhanbad.

Through meticulously curated training initiatives, the collaboration aims to empower mining professionals with contemporary proficiencies spanning exploration, mining, remote sensing, and regulatory protocols, ensuring a skilled and competent workforce for the future.

TSIC and TEXMiN will synergise their efforts to conceive novel products and services with commercial viability, focusing on scalability and innovation to address industry challenges and drive transformative change. The partnership will also explore and implement nascent mining technologies, fostering sustainable growth and industry-wide transformation through the adoption of innovative solutions.

Additionally, TSIC and TEXMiN will collaborate in governmental and private sector initiatives, leveraging their complementary competencies to overcome challenges and foster a culture of transformative change within the mining industry.

The Memorandum of Understanding (MoU) between the two entities marks a significant step towards propelling the mining industry into the era of Mining 4.0. It emphasizes both institutions' commitment to fostering a sustainable and efficient future for the sector.

Key Objectives of the Alliance:

• Technical Advancements: Prioritizing technical advancements to redefine resource management practices.
• Skill Development: Empowering mining professionals with contemporary skills in exploration, mining, remote sensing, and regulatory protocols.
• Innovative Technologies: Integrating cutting-edge software and digital methodologies into exploration, mining, and beneficiation processes.
• Novel Products and Services: Conceiving scalable and innovative solutions to address industry challenges.
• Sustainable Growth: Implementing nascent mining technologies to foster sustainable growth and industry-wide transformation.

This strategic alliance is expected to drive transformative change across the sector, setting new benchmarks for efficiency and sustainability.

TEXMiN (Technology Innovation in Exploration & Mining) Foundation, instituted by DST, GoI, under the NMICPS mission, is a Section 8 company and the preeminent Mining Technology Innovation Hub of IIT (ISM) Dhanbad. It is committed to addressing the manifold challenges confronting the mining and exploration sector through the strategic deployment of CPS-based technologies.

SAIL's Bhilai Plant Pioneers Next-Gen Steel for S5 Nuclear Ballistic Missile Submarines (SSBNs)

The Steel Authority of India Limited's (SAIL) Bhilai Steel Plant (BSP) has made a significant advancement in the development of strategic defense materials. They have pioneered the creation of next-generation steel designed specifically for the S5 class of nuclear-powered ballistic missile submarines (SSBNs).

The S5-class submarine is a planned class of Indian nuclear-powered ballistic missile submarines (SSBNs) currently under development for the Indian Navy.

This new steel is currently undergoing a comprehensive multi-year testing phase to ensure it meets the stringent performance requirements necessary for underwater applications.

Once the testing phase is successfully completed and the steel is cleared for use, it will be utilized in the construction of the S5 class SSBNs. These submarines are reported to be true underwater giants with an estimated submerged displacement exceeding 12,000 tons and a length of nearly 150 meters.

The S5 class submarines are expected to significantly enhance India's underwater deterrence capabilities and reinforce its position as a leading maritime power.

The S5 class submarines project was assessed by the Government of India in 2006, and production is expected to start by 2027. These submarines are part of India's strategic nuclear deterrent and are expected to play a crucial role in the country's defense strategy by providing a second-strike capability. The S5- class will contribute to the triad of India's nuclear deterrence, which comprises land- based missiles, strategic bombers, and SSBNs.

The next-generation steel developed is designed to meet the specific demands of modern submarine construction. While official details on the composition and properties of this new steel are classified, it is undergoing rigorous testing to ensure it surpasses the performance requirements for underwater applications.

Compared to existing materials, this new steel variant is likely to offer improved strength, corrosion resistance, and longevity, which are critical for the harsh conditions submarines encounter in deep-sea environments. The development process for this steel is more extensive than that for the steel used in the INS Vikrant aircraft carrier, indicating a significant advancement in quality and performance.

This specialized steel is expected to enhance the structural integrity and safety of the S5 class submarines, contributing to India's strategic defense capabilities and supporting the nation's goal of self-reliance in defense technology.

This initiative is part of India's strategic move towards self-reliance in defense capabilities. The steel produced by BSP will undergo extensive testing and inspection by the Defence Metallurgical Research Laboratory (DMRL) and the Indian Navy before it is used in the construction of the Submarine.

The development of this steel is a testament to SAIL-Bhilai's commitment to contributing to major defense projects, following their previous work on special steel plates for the INS Vikrant aircraft carrier. The testing for the submarine steel is reported to be ten times more rigorous than that for the steel used in INS Vikrant, highlighting the critical nature and high standards required for submarine construction.

This project is a significant step in bolstering India's defense infrastructure and enhancing its maritime security. The indigenous development of submarines using materials produced within the country not only strengthens national security but also supports the growth of domestic Industries.

Source – Times of India | Via – Idrw.org

SAIL Partners SaaS Startup Sentra.World for Carbon Emission Tracking and Reduction

The Steel Authority of India Limited (SAIL) has partnered with the Bengaluru-based SaaS startup Sentra.world to pioneer carbon emission reduction in steel production.

This collaboration involves using Sentra.world's advanced carbon tracking software at SAIL's Durgapur Steel Plant and its Environment Management Division.

sentra.world is a B2B SaaS carbon accounting software company that helps industrial businesses measure, report, certify, and reduce their carbon emissions.

The initiative is a significant step towards sustainable and eco-friendly practices in the steel industry, aiming to comprehensively monitor and manage carbon dioxide emissions across various production facilities. This partnership aligns with global efforts to decarbonize economies and minimize the environmental impact of industrial activities.

Founded in 2023 by two ex-McKinsey junior partners — Harsh Choudhry and Vikas Upadhyay — each with 16+ years of experience in sustainability, industrial manufacturing and digital technology, Sentra.world's software help industrial companies track and reduce their CO2 emissions. It uses a combination of AI and blockchain technology to provide a comprehensive view of emissions, employing various methods for accurate assessments.

The software uses recognized methodologies like the GHG protocol and standards set by the World Steel Association to measure CO2 emissions.

The startup is headquartered in Bangalore and has received a total funding of $2.0 million from investors such as Avaana Capital, Golden Sparrow Ventures and RPG Ventures.

Sentra.world's software is gaining traction in the industrial sector, particularly among companies focused on sustainability and carbon emission reduction. The software is designed to cater to industries such as Steel, Aluminum, Cement, Chemicals, and Utilities. These sectors are critical for decarbonization efforts due to their significant greenhouse gas emissions. Sentra.world's approach, which combines AI and blockchain technology, is particularly suitable for businesses looking to meet ESG compliance, access new markets, and reduce costs while managing their environmental footprint.

Tata Steel To Infuse ~ Rs 6,600 Crore in Equity of Neelachal Ispat Nigam

Tata Steel plans to infuse up to Rs 6,600 crore in Neelachal Ispat Nigam Ltd (NINL) 's equity over the next two years, reported The Telegraph. This capital injection aims to fund NINL's expansion plans, specifically focusing on its long products business segment.

This move comes after Tata Steel acquired NINL, in early 2022, for Rs 12,100 crore through a government divestment process. NINL is expected to benefit from Tata Steel's expertise in the steel industry, allowing it to grow its long products business. Analysts believe this investment is a positive step for Tata Steel, as it strengthens their presence in the long products market and aids NINL's growth trajectory.

Neelachal Ispat Nigam Ltd (NINL) is an integrated iron and steel plant located at Kalinganagar, Duburi, Dist-Jajpur, Odisha. Presently, NINL produces pig iron and LAM coke, along with other products like nut coke, coke breeze, crude tar, ammonium sulphate, and granulated slag (phase-l). The company also has its own captive power plant and exports a substantial quantity of power.

Tata Steel Long Products Limited (TSLP), a subsidiary of Tata Steel, has completed the acquisition of 93.71% in NINL from various entities, including MMTC Ltd., NMDC Ltd., MECON Ltd., and others. The acquisition was made for Rs. 12,100 Crore.

NINL is located in close proximity to Tata Steel's state-of-the-art facility at Kalinganagar. This acquisition provides synergies of shared infrastructure, resources, and management. Tata Steel aims to build a dedicated and sustainable long products complex.

Tata Steel plans to restart the existing 1-million tons per annum steel plant at NINL and simultaneously work on expanding its capacity. The goal is to build a 4.5 million tons per annum state-of-the-art long products complex in the next few years, with further expansion to 10 million tons per annum by 2030.

NINL will focus on producing long products such as wire, bars, and rods, which are crucial for India's infrastructure development and construction sector.

This investment aligns with Tata Steel's commitment to Odisha and its growth strategy in the long products business.

In steel manufacturing, long products refer to a variety of steel shapes and forms that are typically elongated or have extended lengths. These include — Hot Rolled Bar commonly used in construction and manufacturing; Cold Rolled or Drawn Bar; Rebar (Reinforcing Bars), used to reinforce concrete structures, such as in buildings and bridges; Railway Rails, the tracks on which trains run, made from long steel sections, and others.

Long products play a crucial role in construction, infrastructure, and manufacturing sectors.

Bill Gates, Amazon backed Startup Opens World's 1st Green Steel Plant

Electra, a startup backed by Bill Gates and Amazon, has opened its first steel production plant in the United States. This pilot plant, located in Colorado, utilizes renewable energy to produce clean metallic iron from high-impurity ores. The process aims to create "green" steel, which could significantly reduce the environmental impact of steel production.

By integrating renewable energy resources, Electra achieves emissions-free iron production at a much lower temperature than traditional coal-fired furnaces. Their clean iron has a purity of over 99%, making it valuable for electric arc furnace (EAF) steelmakers. This innovative approach represents a significant step toward a cleaner and more sustainable steel industry.

Electra has developed a groundbreaking process for green steel production. Electra's method operates at a mere 60 degrees Celsius (around the temperature of coffee), which is significantly lower than traditional steelmaking processes that rely on coal-fired furnaces. Electra uses a proven industrial-scale electrochemical and hydrometallurgical process. Here are the key steps:

• Dissolving Iron Oxide: First, they dissolve iron oxide ore in an aqueous acid solution.
• Precipitating Metals: This step allows them to selectively refine the main impurities in iron ore, such as alumina and silica, as co-products.
• Direct Reduction: Electra directly reduces iron oxide into iron without the need for a blast furnace or coal burning.

The result is high-purity, gangue-free iron metal with a purity of over 99%. This clean iron can be charged directly into electric arc furnace (EAF) steelmakers, making it valuable for steel production.

 

Electra's Melissa Mansour, Faxson Cockrell, Colleen Wallace, Ben Whitman and Michael Street inspect a plate of iron from Electra's low-temperature iron electrowinning cell at its pilot plant in Boulder, Colorado.

This is a significant improvement compared to traditional steelmaking methods that rely on melting high-grade ores with coal, emitting 10% of global carbon dioxide emissions.

Electra's pilot plant represents a significant step toward a cleaner, more sustainable, and circular steel industry. Partnerships across the value chain support their goal of producing millions of tonnes of clean iron by the end of the decade.

In summary, Electra's process aims to bend the trajectory of climate change by creating green steel through innovative technology and sustainable practices.

In October 2022, Electra raised $85 million in Series B round of funding from notable group of backers including Bill Gates-founded Breakthrough Energy Ventures, Amazon, BHP Ventures, Temasek, S2G Ventures, Capricorn Investment Group, Lowercarbon Capital, Valor Equity Partners, and Baruch Future Ventures.

Several other companies are also actively working on green steel production, aiming to reduce the environmental impact of steelmaking.

Swedish startup, H2 Green Steel, is building a large-scale plant in Sweden that will produce steel using hydrogen made from renewable energy instead of coal. By the end of next year, they plant to begin making steel for customers like Ikea and Mercedes-Benz. Their goal is to produce 5 million tons of green steel annually.

Boston Metal uses electrolysis to create steel from iron ore. By leveraging this innovative process, they aim to reduce emissions associated with traditional steel production.

Arcelor Mittal and China Baowu Group have also announced commitments to net-zero steelmaking, championing solutions for a more sustainable industry.

JSW Steel May Acquire Stakes in Canada's Teck Resources for $2 Bn

JSW Steel Limited, an Indian multinational steel producer based in Mumbai, is considering a bid to acquire a stake of up to 20% in Canada's Teck Resources steelmaking coal business, as first reported by Bloomberg.

JSW Steel, India's second largest private sector steel company, is in early-stage talks for a possible acquisition and for financing this deal, JSW is in discussions with banks. The potential deal may total about $2 billion, the report said.

Vancouver-based Teck Resources, known as Teck Cominco until late 2008, is a diversified natural resources company engaged in mining and mineral development, including coal for the steelmaking industry, copper, zinc, and energy.

Besides JSW bid for Teck's steel business, Japanese steel maker Nippon Steel and Swiss trading and mining firm Glencore had also shown interest in the Canadian miner's coal unit.

In an another news-story about Teck Resources, the mines owned by Teck have been the subject of environmental concerns for decades because of chemicals like selenium, a mining waste product, that dissolve into mountain rivers flowing through Indigenous land and across the border into U.S. waterways. Many scientists attribute the malformed creatures and declines in certain fish populations to five enormous Canadian open-pit coal mines including that of Teck's that interrupt this wild landscape of dense forest flush with bears and wolves.

JSW Steel is a flagship company of the JSW Group led by Sajjan Jindal, and is part of the O.P. Jindal Group. The group's diverse businesses include steel, energy, infrastructure, cement and paints, across India, the United States, South America, and Africa.

Last month, it was reported that Sajjan Jindal is reportedly aiming to buy MG Motor India, a wholly owned a subsidiary of the Chinese automotive manufacturer, SAIC Motor, which markets vehicles under the British MG marque.