Steel Ministry - Wire & Cable India
April 28, 2024

Wire & Cable India

Tag : Steel Ministry

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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......
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Tata Steel Seeks to Steel Ministry – CBAM like Safeguards for Domestic Industries

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Tata Steel has written to the Union Steel Ministry seeking a “safeguard mechanism”, similar to CBAM, to be prepared to defend domestic industries towards imports from international locations not subject to carbon regulatory mechanisms. The company also mentioned that CBAM levies will eventually “be compensated through higher prices in the......
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