Iron And Steel Industry

Order of the National Green Tribunal regarding an illegal cracker unit in Thanjavur district, Tamil Nadu, 29/05/2025

Order of the National Green Tribunal in the matter of News Item titled "2 killed in blast at illegal cracker unit in Thanjavur appearing in The Hindu dated 19.05.2025". The application is registered suo-motu on the basis of the news item titled 2 killed in blast at illegal cracker unit …

Posco land acquisition to resume in 15 days

The Odisha government has decided to resume the land acquisition process for South African steelmaker Posco’s project, which was stalled indefinitely in June last year following protests by villagers and Left leaders. The decision was taken in a meeting convened by Chief Secretary B K Patnaik on 16 August, where …

Industrial park in Odisha gets green nod

The Ministry of Environment and Forests has accorded the much-awaited environment clearance to a group of mid-scale projects of Tata Steel at its upcoming industrial park at Gopalpur in south Odisha. The projects include a 55,000-tonne per annum (TPA) high carbon ferrochrome plant, a 400,000-TPA rebar mill and a desalination …

Stalemate on proposed SAIL-Posco, NMDC-Severstal JVs continues

However, Chairman of SAIL, NMDC positive about development Differences on shareholding issue continue to come in the way of formation of two steel-making joint ventures--SAIL-Posco and NMDC-Severstal--involving over Rs 35,000 crore investment, as both the overseas firms are insisting on owning majority stakes in them. Though differences between the two …

Supreme Court rules out revival of mining without rehabilitation

Forest Bench says statutory clearance is a must The Forest Bench of the Supreme Court on Friday made it clear that no iron ore mining operations in Karnataka shall be permitted to resume unless there was statutory clearance for mining and till reclamation and rehabilitation was implemented in full. The …

BHEL to set up new plant in Maharashtra

Engineering major BHEL plans to set up a new manufacturing facility in Maharashtra for which it would invest Rs 159 crore, a top company official said here on Friday. BHEL Tiruchirapalli Complex Executive Director A V Krishnan said BHEL, which has a special focus on power plant equipment, plans a …

K'taka begins process to allot mining lease to Arcelor Mittal

Even as decks are being cleared for recommencement of iron ore mining in Karnataka, following the clearance from a Supreme Court panel, the Karnataka government has initiated the process of allotting fresh mining lease to Arcelor Mittal India. Arcelor Mittal has proposed to set up a six million tonne per …

CAG: Hole in exchequer; Govt: Process questionable

The Comptroller and Auditor General (CAG) has estimated windfall gains of Rs 1.86 lakh crore to over 90 private companies that were allocated captive coal blocks between 2004 and 2009 in an allegedly non-transparent manner. In a report tabled in Parliament on Friday, the national auditor said a part of …

ArcelorMittal writes to Steel Ministry on delay in mining lease

Not able to make progress in its proposed `50,000 crore steel project in Jharkhand, the world’s largest steelmaker, ArcelorMittal, has sought the Centre’s help in expediting grant of mining lease in the State. ArcelorMittal raised the issue of inordinate delays in getting mining lease for Karampada mines in Singhbhum district …

Italian town fighting for its life over polluting Ilva steelworks

In the neighbourhood over the fence from Italy's – and Europe's – biggest steelworks, Francesco Mastrocinque is poking his toe into the layer of black and red powder that covers every pavement and counting his friends who have died of cancer and respiratory illnesses. "It's about one a month, but …

Carbon emission rights trading scheme launched

Shanghai on Thursday launched a pilot carbon emission rights trading scheme in a bid to encourage carbon emission reductions. About 200 major local polluters, including industrial companies whose annual carbon dioxide emissions reach 20,000 tonnes and non-industrial enterprises whose annual emissions total 10,000 tonnes, will take part in the trading, …

Abhijeet Group in $7-B Coal Pact with US Firm

US-based FJS Energy LLC has signed a $7 billion (. 39,200 crore) multi-year coal supply agreement with India’s Abhijeet Group. The New Jersey-based company would supply American coal for the next 25 years for steel production and power generation in India. The coal would be sourced from FJS Energy’s affiliates, …

Burning questions

Indian industry has one foot mired in outdated and unsustainable practices, while its other foot is poised for a leap forward. This dichotomy is clearly displayed in the environmental and operational health and safety practices of some of our heavy industry — the backbone of infrastructure and manufacturing growth. The …

Karnataka starts move to grant mining leases; steel plants may get preference

Bangalore After a three-year gap, the Karnataka government has initiated the process to recommend new iron ore mining leases, a move that could speed up the launch of large steel projects by ArcelorMittal and Tata Metaliks in the state. “We have started the process by surveying land in Bellary and …

Greening steel-making

Perspectives of industries and non-government bodies often differ on environment protection norms. While NGOs insist on putting in place the most stringent environment safety standards, industries often find it difficult to comply with such norms. Similarly, the Centre for Science and Environment (CSE), a non-government organisation, and public sector steel …

Steel firms have just 45-day supply left

Firms like JSW Steel could face closure if mining does not resume soon Steel and pig iron companies that depend on iron ore from Karnataka are facing closure due to a severe shortage of the mineral. The state’s steel industry, whose 21-million-tonne (mt) output accounts for 25 per cent of …

SC softens on Bellary mines closure

The Supreme Court on Thursday decided to consider the plea for re-opening of 16 iron ore mines in Karnataka, acknowledging the adverse impact on the steel industry due to ban on mining operations. A three-judge forest bench led by Justice Aftab Alam fixed as August 17 the date for considering …

New steel quality norms come at a price

Secondary makers have to invest more on technology and inputs, even as demand for their products is down, hitting their margins The mandatory norms pertaining to steel product quality, to take effect next month in a central government order, will affect the profitability of semi-finished product makers. They’d have to …

Jusco for clean Adityapur

The office of the Adityapur Municipal Council on Tuesday. Adityapur Municipal Council (AMC), which looks after civic and other allied services in the industrial hub in Seraikela-Kharsawan district, has roped in utility company Jusco to take charge of cleanliness in its command areas. Though the cleaning job by Jusco in …

Steel firms in state plan to up capacity

The recent decision of the Supreme Court capping iron ore production at 30 million tonnes per annum in Karnataka has not deterred iron and steel companies from expanding their capacities. Both the existing and new steel companies have lined up expansion plans as well as set up greenfield steel plants …

Ready for mining: Indian Group Nears Afghan Mining Deal

In Nov, AFISCO was chosen as preferred bidder for iron ore mining and a steel plant in Hajigak Aconsortium of Indian miners and steel companies that calls itself Afghan Iron & Steel Company, or AFISCO, has just completed its fifth and possibly final negotiations on Tuesday. A final contract prepared …

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