New Delhi, May 6 (IANS) India’s steel sector sustained its growth trajectory during April with a 5.8 per cent increase in crude steel production to 14.09 million tonnes, from 13.31 million tonnes in the same month of the previous year while the domestic demand momentum stayed robust on the back of continued buoyancy across infrastructure and manufacturing, according to an official statement issued on Wednesday.Domestic steel prices also extended their recovery during the month across all major…
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New Delhi (IANS) India’s exports of steel rose by 29.1 per cent in March 2026 compared to the same month of the previous year, while imports declined sharply by 9.5 per cent, reflecting the increasing self-reliance in the sector, according to an official statement issued on Tuesday.The positive shift underscores India’s emergence as a reliable global steel supplier. It also demonstrates the country’s improved ability to meet rising domestic demand.India’s steel production registered a ro…
Kochi, Jan 30 (IANS) India’s maritime domain will be a central pillar of the country’s economic expansion and global competitiveness under the Viksit Bharat 2047 vision, Director General of Shipping Shyam Jagannathan said on Friday, underscoring the strategic role of the Blue Economy in driving sustainable growth.His statement came on the concluding day of COMARSEM 2026, which saw key stakeholders from across the global maritime industry, including policymakers, industry leaders, technologis…
New Delhi, Jan 20 (IANS) India’s transition to low-carbon green steel is to remain a gradual, long-term process as cost and technological constraints continue to hinder rapid decarbonisation, a report showed on Tuesday.Over the long term beyond 2030, green steel demand in India is projected to accelerate and will be driven by tightening ESG compliance norms, large end-user industries (automotive, infrastructure, capital goods, etc) striving to decarbonise their supply chains, and policy measur…
New Delhi, Jan 14 (IANS) The Confederation of India Industry (CII) on Wednesday urged the government to introduce Green Hydrogen mandates to spur demand and enable a vibrant green hydrogen economy.Greening mandates backed by incentives should be used to overcome the substantial cost gap between green hydrogen and grey hydrogen, the industry body said.”The proposed Green Hydrogen Blending could be introduced for sectors like refining, fertiliser and natural gas with cost-offset mechanisms.The sec…