The combined Index of Eight Core Industries (ICI) increased by 5.2 per cent (provisional) in March, 2024 as compared to the Index in March, 2023. The production of Cement, Coal, Electricity, Natural Gas, Steel and Crude Oil recorded positive growth in March 2024. The details of annual and monthly indices and growth rates are provided at Annex I and Annex II respectively. ...

Union Minister for Steel and Civil Aviation, Sh. Jyotiraditya M. Scindia, today (4 March, 2024) virtually inaugurated India’s 1st Green Hydrogen Plant in Stainless Steel Sector located at Jindal Stainless Limited, Hisar. The inauguration also witnessed the presence of Secretary, Ministry of Steel Sh. Nagendra Nath Sinha, Managing Director (Jindal Stainless Limited), Sh. Abhyuday Jindal, Founder, Hygenco Sh. Amit Bansal,  and other officials ...

Steel being a de-regulated sector, the Government acts as a facilitator, by creating enabling environment for development of the sector.  National Steel Policy, 2017 has mission to provide environment for attaining “self sufficiency” in steel production by providing policy support and guidance to steel producers. Further, the action taken includes the following:- i. A Project Development Cell (PDC) has been ...

Production Linked Incentive (PLI) Scheme for Specialty Steel was approved by Union Cabinet on 22.07.2021, with a five-year financial outlay of Rs. 6322 Crore to promote the manufacturing of ‘Specialty Steel’ within the country by attracting capital investment, generate employment and promote technology up-gradation in the steel sector. The Scheme was Notified in the official Gazette on 29.7.2021 and detailed ...

Steel being a de – regulated sector, the Government acts as a facilitator, by creating enabling environment for development of the sector. National Steel Policy, 2017 has mission to provide environment for attaining “self sufficiency” in steel production by providing policy support and guidance to steel producers. Further, the action taken includes the following:- A Project Development Cell (PDC) has ...

The rapid urbanization is likely to increase demand of steel and metals in the country.  The production of Finished Steel in year 2020-21 was 96.20 million tonnes (MT) as compared to production of 102.62 MT in year 2019-20.  The details of production and demand of Finished Steel in last two years are as under:- Quantity in million tonnes Item 2019-20 ...

The Union Steel Minister, Shri Ram Chandra Prasad Singh convened a meeting with the senior officials of Ministry, Shri Anshuman Tripathi, Member, National Security Advisory Board and Director Steel Research & Technology Mission of India (SRTMI) here today to deliberate on the prospects of use of plastic wastes in iron and steel making. The utilization/disposal of plastic wastes is an ...

Steel Authority of India Limited (SAIL) and Rashtriya Ispat Nigam Limited (RINL) are focused on maximising sales through existing and new markets with continuous efforts to improve upon the customer services.  SAIL has set up a country wide network of 4 regional offices, 37 Branch Offices, 41 Distributors and over 3340 Dealers to market their products.  The distribution network of ...

National Steel Policy, 2017 envisages development of a technologically advanced and globally competitive steel industry that promotes self-sufficiency in steel production. Steel being a de-regulated sector, government acts as facilitator, by creating enabling environment for development of steel sector. In line with the National Steel Policy, 2017, various initiatives taken by the Government are as following:- (i) Notification of Domestically ...

The details of State/Union Territory wise number of sponge iron plants operational during FY 2020-21 in the country, including Uttar Pradesh are as following:- State/Union Territory wise details of Indian Sponge Iron Industry, 2020-21 State/Union-territory No of Units Andhra Pradesh 6 Chhattisgarh 69 Goa 3 Gujarat 10 Jharkhand 24 Karnataka 35 Maharashtra 7 Odisha 76 Tamil Nadu 6 Telangana 9 ...