The company's net income stood at Rs 918.54 core in Q1 FY21, a dip of 20 per cent from Rs 1,142.20 crore it recorded in the similar quarter last year.
Klaveness Digital provided a solution that helped Aluminium Bahrain B.S.C. plan their shipments more efficiently, avoid clashes during berth and gave them live updates on ETAs.
Hydro and Rupert Fertinger GmbH (Fertinger) have signed a Term Sheet for Fertinger to acquire Hydro’s welded tube business in Remscheid, Germany.
A fossil fuel-free steel joint venture known as Hybrit, comprising energy firm Vattenfall, steel company SSAB and mining group LKAB, has completed successful trials of its technology.
Steel Authority of India Limited’s Rourkela Steel Plant has set a national record with the BOF converter supplied by SMS group, a global leading partner for the metal industry. BOF 3 of 150 tonne nominal capacity at Steel Melting Shop 2 at SAIL's Rourkela Steel Plant, supplied by SMS group
The company said it has reoriented its efforts towards strategic marketing and customer-centric operations in response to the ongoing pandemic, which led to improvement in its performance.
JSW Steel is actively looking on the non-auto side, the company, for instance, is diversifying by supplying blooms and billets to the rails, said its Joint Managing Director and Group CFO Seshagiri Rao.
Jindal Steel & Power Limited (JSPL), India’s leading Steel producer, has continued to scale new heights with its consistent performance in Indian and global markets despite the challenges due to the COVID-19 pandemic.
SAIL Rourkela Steel Plant (RSP) has surpassed its own record by surpassing the 96 million tonnes hot metal production on August 3. Company CEO Deepak Chattaraj congratulated the employees for this magnificent achievement through a webinar.
In a regulatory filing, the company said it has bagged "export orders for over 6,000 wheels for the US truck and caravan trailer market to be executed in August from its Chennai plant".