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The new configuration of the Electric arc furnace will use locally produced steel scrap and will be used for conversion to steel with local energy. This is a far more resilient business model that will be competitive and leaner
CEO Jayant Acharya stressed that steel demand is likely to gallop annually by 10 million tonnes (mt) on average and that he believes the election outcome would not alter the government’s focus on infrastructure, green transition and manufacturing
CEO Jayant Acharya stressed that steel demand is likely to gallop annually by 10 million tonnes (mt) on average and that he believes the election outcome would not alter the government’s focus on infrastructure, green transition and manufacturing
The director of research of London-based research firm urges devising a carbon tax on petroleum, focusing on carbon capture and decarbonising oil. She also raises alarm about depleting investment in the sector
CEO Jayant Acharya said that Indian steel demand will top double-digit in this decade, mirroring the growth in Japan, Korea and China in the past