Steel Industry - Wire & Cable India
April 26, 2024

Wire & Cable India

Tag : Steel Industry

Headlines Special Feature

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......
Headlines Special Feature

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......
Headlines Interviews

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......
Headlines Interviews

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......
News

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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Steel Authority of India and SMS Group Signs MoU for Sustainable Steel Production

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SAIL (Steel Authority of India Limited) and SMS group signed a memorandum of understanding to drive developments focused on implementing long-term sustainable steelmaking practices, with a particular emphasis on decarbonizing steel production. This objective aligns with India’s ambitious goal of achieving net zero emissions from industrial processes such as steel......
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Steel Ministry Aims Fivefold Domestic Capacity by 2047 with New Stainless Steel Policy

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The Indian steel ministry is aiming for a 5x jump in the domestic capacity of stainless steel by 2047 with India’s first stainless steel policy in the works. The policy also holds the objective of reducing dependence on China for sourcing nickel, silicon and chromium, which are utilized to make......
Headlines Interviews Special Feature

Global Wires India-Tata Steel Aims to Double Capacity to 1 Million Tons by 2030

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Global Wires India (GWI), a division of Tata Steel Limited, is a preferred supplier of steel wires across diverse industry segments ranging from construction, automotive and power to general engineering and retail. The company, with a combined annual manufacturing capacity of 670,000 MT, manufactures a wide range of value added......
Headlines Interviews Special Feature

Viraj Profiles Aiming USD 3 Billion Turnover in Next 4 Years

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Established in 1992, Viraj Profiles Private Limited has emerged as the leading manufacturer of stainless-steel long products globally with its integrated manufacturing facilities and premium quality for three decades. With a production capacity of 528,000 tons per annum, Viraj manufactures stainless steel products like wire rods, wires, fasteners, bright bars,......
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