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Metallurgical-Industries Sector News & Updates - December 21, 2024



Shyam Metalics receives LoI for iron block in Maharashtra
Metallurgical Industries   -  Mar 28,2024
Shyam Metalics and Energy's JV, Natural Resources Energy, secured a letter of intent for the Surjagad-1 iron ore block in Maharashtra, covering 1,526 hectares. Dorite Tracon, a promoter company o .


SAIL to invest in greenfield steel plant in West Bengal
Metallurgical Industries   -  Feb 06,2024
Steel Authority of India Limited (SAIL) plans a Rs 20,000-24,000 crore investment for a four-million-tonne greenfield steel plant at its IISCO site in West Bengal. The focus is on producing high-end f .


Adani Group to commence copper production at Gujarat facility by March 2024
Metallurgical Industries   -  Feb 05,2024
Kutch Copper Ltd (KCL), a subsidiary of Adani Enterprises Ltd (AEL), will start operations of its $1.2-billion facility's first phase by March-end, aiming for full-scale 1 million tonnes capacity .


JSW secures 2667.80 acres of forest land in Odisha
Metallurgical Industries   -  Jan 08,2024
JSW Utkal Steel Ltd has secured possession of 2677.80 acres of forest land in Rajnagar, Odisha, for establishing a greenfield Integrated Steel Plant. The total land required for the project is 2950.31 .


AMNS India plans Rs 100 crore capital infusion to establish 3 scrap processing centres
Metallurgical Industries   -  Dec 08,2023
ArcelorMittal Nippon Steel (AMNS) India plans to invest over Rs 100 crore to establish three scrap processing facilities. The Gujarat-based company, a joint venture between Nippon Steel and ArcelorMit .


Maharashtra plans to establish industry in 5,000 hectares in G’chiroli
Metallurgical Industries   -  Nov 27,2023
Maharashtra Industries Minister Uday Samant announced the government's plan to acquire 5,000 hectares of land in the left-wing extremist-affected Gadchiroli area for industrial development. Sever .


Paradip Port to increase capacity to 400 MTPA by 2030: Chairman
Metallurgical Industries   -  Oct 24,2023
Paradip Port Authority aims to boost its cargo handling capacity to 400 million metric tonnes annually by 2030, investing Rs 10,000 crore. The expansion plan includes new berths, mechanization of ex .


Shyam Metalics to foray into energy storage business
Metallurgical Industries   -  Sep 26,2023
Shyam Metalics and Energy has entered the energy storage sector with battery-grade aluminum foil, aligning with India's AatmaNirbhar Bharat energy storage initiative. The company, known for produ .


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