JSW-JFF venture to buy Thyssenkrupp Electrical Steel India for $482 million

JSW-JFF venture to buy Thyssenkrupp Electrical Steel India for $482 million

19 Oct 2024

A joint venture of JSW Steel and Japanese steel maker JEF Steel Corp is acquiring the Indian unit of German steel giant Thyssenkrupp for Rs4,051 crore ($482.1 million) in cash

Thyssenkrupp loses appeal against EC veto on Tata Steel joint venture

Thyssenkrupp loses appeal against EC veto on Tata Steel joint venture

07 Oct 2024

Thyssenkrupp has lost its fight against an anti-trust ruling by European Commission on its proposal for a joint venture with Tata Steel Europe

New blast furnace ups crude steel capacity at Tata Steel Kalinganagar by 5 million tonnes

New blast furnace ups crude steel capacity at Tata Steel Kalinganagar by 5 million tonnes

22 Sep 2024

Tata Steel on Friday commissioned a 5 million tonnes per annum capacity blast furnace at Kalinganagar, Orissa, raising the plant’s crude steel capacity to 8 million tonnes from 3 million tonnes.

Tata Steel secures £500 m UK govt grant for green steel initiative at Port Talbot

Tata Steel secures £500 m UK govt grant for green steel initiative at Port Talbot

21 Sep 2024

Tata Steel has secured a £500 million grant from the UK government for the construction of an electric arc furnace at its Port Talbot steel plant in Wales

Visveswaraya Iron and Steel Plant back on revival path

Visveswaraya Iron and Steel Plant back on revival path

31 Jul 2024

Visveswaraya Iron and Steel Plant (VISP), which the government put up for sale in October 2016, is now on the revival path with 130000 tonnes of steel production in the 2023-24 financial year.

India’s core sector output expands by 6.7% in February

India’s core sector output expands by 6.7% in February

01 Apr 2024

Core sector industrial production in India expanded by 6.7 per cent in February 2024, on the back of increased production of coal, natural gas, cement, steel, crude oil, electricity and petroleum refinery products, provisional figures released on Thursday showed.

ArcelorMittal to buy 28.4% stake in France’s Vallourec for $1 bn

ArcelorMittal to buy 28.4% stake in France’s Vallourec for $1 bn

14 Mar 2024

ArcelorMittal, the world’s second-largest steelmaker, on Tuesday said it will acquire a 28.4 per cent stake in French steelmaker Vallourec, for around 955 million euros ($1.04 billion), to expand its tubular products portfolio.

Nippon Steel claims 33% CO2 reduction through hydrogen injection technique

Nippon Steel claims 33% CO2 reduction through hydrogen injection technique

14 Feb 2024

Nippon Steel, the largest steelmaker in Japan, on Monday said it has succeeded in reducing CO2 emissions from a small-scale test blast furnace by 33 per cent

JSW, Japan's JFE to invest Rs5,500-cr in electrical steel venture in Karnataka

JSW, Japan's JFE to invest Rs5,500-cr in electrical steel venture in Karnataka

14 Feb 2024

JSW Steel and Japan's JFE Steel will jointly invest Rs5,500 crore in a steel plant in India to produce electrical grade grain-oriented steel, the companies stated in separate press releases.

Tata Steel completes merger of 5 businesses, shelves TRF merger plan

Tata Steel completes merger of 5 businesses, shelves TRF merger plan

08 Feb 2024

Tata Steel on Wednesday announced the merger of five strategic businesses of the group with itself as part of an integration process aimed at simplifying business portfolio.

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