Steel Industry - Wire & Cable India
February 21, 2025

Wire & Cable India

Tag : Steel Industry

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Naveen Jindal Bids USD 1 Billion to Acquire Italian Steelmaker Acciaierie d’Italia

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Naveen Jindal aims to transform the traditional blast furnaces of Acciaierie d’Italia (ADI), having an annual steel production capacity of around 10 million tonnes, into energy-efficient electric arc furnaces, aligning with modern environmental standards. Feb 10, 2025 Chairman and promoter of Jindal Steel and Power Limited (JSPL), Mr. Naveen Jindal,......
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JSW Group To Build 25 Million Tonne Steel Plant in Maharashtra Worth INR 1 lakh crore

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The 25 million tonne steel plant will be built in Gadchiroli district of Maharashtra in the next seven to eight years. The first phase of the plant, which will not only be the biggest such factory in the world, but also the most beautiful and environment-friendly steel-making unit, will be......
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Mr. T.V. Narendran Elected as the Chairman of World Steel Association

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Mr. T.V. Narendran, CEO & MD of Tata Steel has been elected as the Chair of the World Steel Association.  Oct 17, 2024 The World Steel Association (worldsteel) has elected Mr. Thachat Viswanath Narendran, MD & CEO of Tata Steel. He became the second Indian followed by Mr. Sajjan Jindal,......
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Mukand Limited Unveils Advanced 16 TPH Boiler to Power Future Growth, Sustainability

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The new installation marks a significant upgrade from the existing 14 TPH boiler, enhancing the plant’s capacity to generate steam at a rated pressure of 17.5 kg/cm². The increased capacity is designed to meet the growing steam demand and support Mukand’s future expansion plans. Sep 11, 2024 Mukand Limited, a......
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Indian Steel Industry Witnessing Robust Growth

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Under the PLI scheme, the Government has approved INR 6322 crores to give a new impetus to the steel sector, generating an investment of about INR 30,000 crores, additional capacity creation of about 25 million tonnes of specialty steel in the next 5 years, and double the steel production from......
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Synergy Steels to Increase Production Capacity to 300,000 Tonnes with Greenfield Project

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Leading stainless steel manufacturer Synergy Steels Limited, a USD 300 million revenue company, has revealed ambitious plans to set up an additional greenfield project to increase its production capacity to 300,000 tonnes, while also aiming to export 45 percent of its total capacity in the next two years. This was......
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Group Nirmal: A Legacy of Innovation & Excellence

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Group Nirmal is a 1500 crore enterprise with state-of-the-art manufacturing for GI wires, steel wire, aluminum conductors, hot rolled products, and construction steel. Having over 1000 employees working in 5 factories and 1 office, they have a capacity of 1,80,000 TPA. They have recently entered the cable market with the......
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SMS group Leads ‘Make in India for the World’ with State-of-the-Art Production Facilities in India

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SMS group is a leading technology provider to meet the customer’s needs of today and tomorrow. SMS group’s new lifecycle services portfolio aligns toward making processes more sustainable and energy-efficient. To this end, SMS has combined the areas of electrics & automation, technical service, and digitalization into powerful integrated solution......
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Outokumpu & Siemens Join Forces to Reduce Carbon Emissions

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Outokumpu and Siemens have joined forces to reduce carbon emissions in the production of medium-voltage switchgear. Outokumpu Circle Green®, with up to a 93 percent lower carbon footprint than the industry average*, will be used to produce medium-voltage switchgear. Dec 13, 2023 Outokumpu, the global leader in sustainable stainless steel,......
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Japan’s Nippon Steel Set to Acquire U.S. Steel for USD 14.9 Billion in Cash

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U.S. Steel has been sold to Japan’s Nippon Steel for USD 14.9 billion in cash outbidding Cleveland-Cliffs,  ArcelorMittal, and Nucor. Nippon’s acquisition marks its move toward 100 million metric tons of global crude steel capacity, while significantly expanding its production in the United States. Dec 19, 2023 Japan’s Nippon Steel......
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