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June 15, 2025

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Isinox Metaltec Pvt. Ltd. Introduces a Range of Aluminium Alloys

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Isinox Metaltec Pvt. Ltd. India has developed a range of aluminium alloys for various applications in the wire & cable and welding industries. SPECIALITY ALLOYS 5XXX Series Aluminium Alloy The 5XXX series are aluminium-magnesium alloys that have moderate to high strength, non-heat-treatable alloys that are strain hardenable, readily weldable, and......
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9.2 Percent GDP Growth is Commendable

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Mr. V.R. Sharma, Managing Director, Jindal Steel & Power Ltd., states, “Coal gasification, coal to the liquid initiative, and the date of manufacturing for claiming the 15 percent concessional income tax rate on greenfield projects is extended till 31 March 2024 by the government are appreciated highly.” I am delighted......
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A Push for CAPEX and Productivity Improvement, with Attention to Infra and Export Promotion

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About the Budget for FY 2022-23, Mr. Srikanth Chakravarthy, Managing Director, Bekaert Industries Pvt. Ltd., asserts, “A forecast of 9.2 percent GDP is very promising and makes India an interesting investment destination”. I believe the 2022 Budget continues the path of priorities the government has focussed on in the last......
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Steel Industry Welcomes Announcement to Extend Zero Percent Basic Customs Duty on Scrap

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Mr. A.M. Kulkarni, President, Mukand Ltd., says, “Currently, steel prices are on the higher side and so this will not affect the domestic industry, however, when global steel prices start to slide, the domestic industry will be hit with imports at unfair prices”. The steel industry welcomes the announcement to......
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Global Wires India–Tata Steel: Steel Industry is Bouncing Back

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“From Gogte Steel Amalgamation in 1979 to a subsidiary of Tata Steel and subsequently, to become a division of Tata Steel in 2002, GWI has come a long way.” A division of Tata Steel Ltd., Global Wires India (GWI) is one of the largest steel wire manufacturers in the world......
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Jindal Steel and Power: Indian Steel Sector Scripting a Strong Growth Story

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“We plan to produce around 12.6 million tonnes of steel in FY24. To achieve this objective, we have earmarked an outlay of INR 18,000 crore to be utilised for the expansion projects.” Founded four decades ago – in 1979, Jindal Steel and Power Ltd. (JSPL Group) is an Indian steel......
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Rourkela Steel Plant Plans Expansion of INR 5,000 crore

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The crude steel production at its plant in Odisha’s Sundargarh district will rise from 4.2 MTPA to 4.85 MTPA. September 10, 2021 Rourkela Steel Plant (RSP) of SAIL has announced that it will undertake an expansion of around INR 5,000 crore with the addition of new production units and technological......
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Tata Steel Gains Healthy Traction in March Quarter, Shows Rs 6,644-crore PAT

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The merger of Tata Metaliks and Indian Steel and Wire Products with Tata Steel Long Products is also underway, the company said. May 26, 2021 Tata Steel has reported a consolidated net profit, attributable to the owners of the company, at Rs 6,644 crore in the March quarter (Q4) of......
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Top Four Steel Player’s Production Rises 6 Percent to About 15 MT in Oct-Dec

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India’s top four steel makers jointly produced 14.95 million tonne (MT) steel in the October-December quarter of the current fiscal, registering a 6 percent year-on-year rise. January 10, 2021 The total steel output of JSPL, JSW Steel, SAIL and Tata Steel India was 14.09 MT during the same quarter of......
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SAIL Doubles Crude Steel Production Capacity

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The state-owned steel major, Steel Authority of India (SAIL), reported that it has nearly doubled its capacity in five of its plants. The modernization drive undertaken by the government is a key step towards the target of 300 MTPA crude steel productions by 2030. September 22, 2020 According to the......
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