查看更多>>摘要：Whether it's in politics, civil society, or business, all agree that the industry must become greener. Yet the steel industry, in particular, is faced with a mammoth task. The share of global CO2 emissions attributed to the steel and aluminum industry stands at around 7%. Every year, 4.4 billion tons of CO2 are emitted by steel producing companies. SMS group believes it has a responsibility to bring about the transformation to green steel production. At the same time, businesses want to improve production efficiency, make optimal use of their plant's capacity, increase their product quality, reduce emissions, and save energy in the process. Bernhard Steenken, CEO of SMS digital GmbH, and Friedrich Liicking, Chief Technology Officer, explain to Santosh Mahanti, Chief Editor of Iron & Steel Review, how they intend to employ digital applications to drive this transformation.
查看更多>>摘要：One unique feature of the commodity markets relates to their close relationship with the economy's performance, be it global or national. It influences the health and pattern of growth of a commodity and positions it for the role that it will play in the economy. This is the valid message of globalisation. The COVID-19 pandemic had afar-reaching impact on all segments of the economy. While we lost the precious lives of more than half a Million of our fellow citizens in the last two years, globally, the mortality rate exceeded 5 Million. The deadly virus took away jobs and income opportunities by putting an end to all economic activities in the initial months of the pandemic that varied widely from one country to another. It also closed all educational institutions, thereby casting a severe blow to the academic communities and making immense changes in the pattern of lives of people and their purchasing and saving preferences.
查看更多>>摘要：After continuously increasing for five quarters (from Q2 FY'21 to Q2 FY'22), the operating profit (EBITDA) of Indian steel companies declined in Q3 FY'22. In respect of major companies, Q-o-Q decline was 49.5% in case of SAIL, 8.3% in case of Tata Steel, 21.6% in case of JSW Steel, 29.9% in case of JSPL and 21.1% in case of AM/NS India. This was mainly due to an abnormal increase in the price of coking coal. Subdued demand due to hold up of construction activities, particularly in the south, due to rains and softening of international steel prices resulting in a decline in domestic sale prices of steel products, also contributed to the decline. Finished steel consumption declined by 8.2%> Y-o-Y in Q3. These aspects are discussed in detail in this article (all figures of FY'22 are provisional).
查看更多>>摘要：How was Kennametal's financial performance for the quarter ending December 31, 2021? How much revenue did the company earn from sales? Kennametal India Limited delivered a strong performance in both the Hard Metals and Machine Tools segments with broad-based growth across the key sectors of transportation, earthworks, energy, aerospace, and general engineering for the quarter ending December 31, 2021. On a consolidated basis, sales grew to Rs. 2,390 Million, 10.24% higher as compared to the same quarter last fiscal. EBT (before exceptional items) was Rs. 406 Million, up by 79.65%.
查看更多>>摘要：Tata Steel has been selected as a member of the World Steel Association's (worldsteel) New Sustainability Charter for its initiatives and commitment towards sustainable development and the circular economy. T. V. Narendran, Chief Executive Officer & Managing Director, Tata Steel, said, "Tata Steel is delighted to be a member of worldsteel's new Sustainability Charter. It reaffirms our commitment towards achieving industry leadership in sustainability."
查看更多>>摘要：NMDC, the country's largest iron ore producer, has reported an 11.7% increase in its iron ore production at 4.31 Million Tonnes (MT) during February 2022 as against 3.86 MT in the same month last year.
查看更多>>摘要：Tata Steel reiterated its commitment to building a sustainable future by successfully shipping nearly 1,800 Tonnes of finished steel products from Haldia Port in West Bengal to Pandu Port in Assam using the Indo-Bangladesh Protocol (IBP) route via Brahmaputra River. This shipment of Tata Steel's TMT bars that arrived at Haldia on the rail before being loaded onto river barges marks the beginning of the use of multimodal logistics, a landmark effort to decarbonise the steel sector and the country.
查看更多>>摘要：Tata Steel Tubes Division has expanded its branded products and retail solutions by launching 'Tata EzyFit', a brand of innovative tubes for door and window Future Ready, Fits Easy frames. Since steel is 100% recyclable, these tubes are sustainable. This is yet another initiative by the company towards saving trees and nature conservation.
查看更多>>摘要：RHI Magnesita India Limited, the leading manufacturer and supplier of high-grade refractory products, systems and solutions, has reported a 74% increase in its net profit at Rs. 75.9 Crores during the third quarter (Q3) of FY'22. The company had clocked a net profit of Rs. 43.6 Crores in the year-ago period.
查看更多>>摘要：Jindal Steel & Power Limited (JSPL) has reported an 8% Year-on Lakh Tonnes (LT) in February 2022. The company sold 5.47 LT steel in February 2021. During the month under review, JSPL's steel production grew by 1% YoY to 6.57 LT.
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