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metallurgical-industries Sector News & Updates - July 3, 2024



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 .


Lloyds Metals and Energy Ltd commissions DRI Manufacturing Facility at Konsari
Metallurgical Industries   -  Sep 22,2023
Lloyds Metals and Energy Limited (LMEL) achieved a significant milestone by inaugurating a Direct Reduced Iron (DRI) manufacturing facility and a 4MW WHRB-based power plant in Maharashtra's Gadch .


Jindal Stainless’ industrial park likely to attract Rs 10,000 crore investments
Metallurgical Industries   -  Sep 21,2023
Jindal Stainless (JSL) is building a stainless steel park in Odisha, targeting around 10,000 crore in investments from MSMEs over the next five years. JSL is investing approximately 1,500 crore in t .


Odisha CM clears investment proposals of Rs 1 lakh crore
Metallurgical Industries   -  Sep 14,2023
The Chief Minister of Odisha, Naveen Patnaik, has given the green light to investment proposals worth over Rs 1 lakh crore for nine projects. These projects, located across various districts in Odisha .


Hindalco ropes in Italian firm for extrusion tech for aluminium rail coaches
Metallurgical Industries   -  Sep 14,2023
Hindalco, an Indian aluminum manufacturing company, has partnered with an Italian firm to adopt advanced extrusion technology for aluminum rail coach production. This collaboration aims to enhance the .


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