Pennar Industries bags orders worth Rs 702 crore

Pennar Industries bags orders worth Rs 702 crore

Pennar Group, a leading value-added engineering products and solutions company, has bagged orders worth Rs 702 crore across its various business verticals. Given below is the list of verticals and…

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NMDC Steel to commission its steel plant in Nagarnar in June end

NMDC Steel to commission its steel plant in Nagarnar by June end

NMDC Steel (NSL) will commission its steel plant in Nagarnar by the end of June, as per reports. Located in Chhattisgarh’s Bastar district, the plant was originally expected to be…

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ArcelorMittal parent to raise $5 billion for AM/NS

ArcelorMittal parent to raise $5 billion for AM/NS

ArcelorMittal, the world’s second largest steelmaker, has inked agreements with a clutch of Japanese banks to raise a $5 billion loan to fund the proposed expansions undertaken by the company’s…

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China, Vietnam's share in India's steel import basket rises during June 2023

RINL seeks proposals to fund working capital/ raw material in exchange for steel supply

In a first, state-owned Rashtriya Ispat Nigam Ltd (RINL) is exploring a business model wherein it will supply finished steel products to companies which will either fund its working capital…

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ThyssenKrupp Electrical Steel India Pvt Ltd

Thyssenkrupp in talks to boost steel output capacity in India

Thyssenkrupp company’s ThyssenKrupp Electrical Steel India Pvt Ltd is a Cold Rolled Electrical Steel manufacturer in India currently,  is in talks to boost steel output capacity with the Indian Government…

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India is the world's second largest producer of steel

India is the world’s second largest producer of steel

India’s steel production has reached a historic level of 120 million tonnes per year making it the world’s second largest producer of steel, the Government informed the Rajya Sabha. India…

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Dalmia Bharat Group consolidates its India refractory businesses under single legal entity

Dalmia Bharat Group consolidates its India refractory businesses under single legal entity

Dalmia-OCL, the refractory business of the Dalmia Bharat Group, announced merger of all its domestic businesses into a single consolidated entity titled Dalmia Bharat Refractories Ltd (DBRL). Effective immediately Dalmia…

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