Steel sector
Russia to help India tackle coal shortage
India and Russia have signed a memorandum of understanding (MoU) to collaborate in mining and steel sector. Key facts MoU was signed between Union Minister of Steel, Ram Chandra Prasad and Russia’s minister of energy Nikolay Shulginov. The MoU specially ..
Month: Current Affairs - October, 2021
TERI: India’s Steel Demand to increase carbon emissions by 600 MT
On January 31, 2020, at the World Sustainable Development Summit released its report on India’s Steel Demand. According to the report, if the steel demand of the country continues to grow, the carbon-dioxide emissions from the steel sector will reach ..
Month: Current Affairs - January, 2020
CII organizes “Steeling India-2019”
On December 16, 2019, the Confederation of Indian Industry organized “Steeling India 2019” conference, a drive to increase metal intensity in key sectors. Union Minister for Steel, Petroleum and Natural Gas Shri Dharmendra Pradhan participated in the conference. Highlights The ..
Month: Current Affairs - December, 2019
India attends the ADIPEC-Abu Dhabi International Petroleum Exhibition and Conference
Minister of Petroleum, Natural Gas and Steel Shri Dharmendra Pradhan will represent India at the ADIPEC-Abu Dhabi International Petroleum Exhibition and Conference between November 10-12, 2019. Highlights During the visit, minister will inaugurate the “India Pavilions” along with members and ..
Month: Current Affairs - November, 2019
Sajjan Jindal elected as Treasurer of World Steel Association
JSW Steel CMD Sajjan Jindal was elected as treasurer of World Steel Association (WSA). He was appointed for one-year period (2018/2019) by Board of Directors of WSA at Worldsteel General Assembly held in Toyko, Japan. The board also has appointed ..
Month: Current Affairs - October, 2018
Anil Kumar Chaudhary appointed as new Chairman of Steel Authority of India Ltd
The Appointments Committee of the Cabinet (ACC) chaired by Prime Minister Narendra Modi has appointed Anil Kumar Chaudhary as new Chairman of Steel Authority of India Ltd. He will in office till his superannuation in December, 2020. He will succeed ..
Month: Current Affairs - September, 2018
Secondary Steel Sector Awards given for contribution to National Economy
Union Ministry of Steel recently for the first time gave away Secondary Steel sector awards to 26 mini steel companies in recognition of their contribution to the national economy. 12 companies were awarded Gold Certificates and 14 Silver Certificates for ..
India becomes third largest producer of crude steel
According to recent report published by World Steel Association (WSA), India has overtaken US to become the world’s third largest steel producer in 2017. India’s crude steel production has grown by 6.2% to 101.4 million tonnes (MT) in 2017 compared ..
Month: Current Affairs - January, 2018
Union Cabinet Clears New National Steel Policy
The Union Cabinet has given its approval for National Steel Policy (NSP) 2017 to give impetus to the steel sector. The policy aims to enhance domestic steel consumption and transform Indian steel industry into a technologically advanced and globally competitive steel industry. ..
Month: Current Affairs - May, 2017
Draft steel policy anticipates Rs. 10 lakh crore investments
The Steel Ministry has released new draft National Steel Policy of 2017, envisaging to double India’s domestic steel production capacity to 300 million tonnes by 2030-31. The draft policy anticipates a requirement of Rs. 10 lakh crore of fresh investments ..