Tag: India

Anil Metals is Sandvik’s distribution partner

Sandvik Materials Technology has signed an agreement with Anil Metals to become the official distributor of its stainless steel round bar products in India. The agreement will be integral to expanding Sandvik’s business and sales in India.

ISSDA welcomes anti-dumping duty on imports

newsitemThe Indian Stainless Steel Development Association (ISSDA) applauded the Indian government’s decision to impose anti-dumping duty on Hot Rolled (HR) flat products of stainless steel Grade 304 with all its variants.

Ambica Steels to install vacuum degassing

newsitemAmbica Steels, India’s second largest manufacturer of stainless steel long products, is all set to install vacuum degassing (VOD/VD) furnace machines at its melting and refining facility with an investment of over EUR 700,000 in Sahibabad (Ghaziabad) India. C.P.

PwC predicts strong growth in metals deals in India

newsitemMetals deal activity is bouncing back strongly and momentum will remain upward in the year ahead, according to ‘Forging Ahead’, PwC’s annual review of M&A activity in the metals sector.

SMS Group opens manufacturing workshop in India

SMS group inaugurated its new manufacturing and service workshop at Bhubaneswar in Odisha, India. The new manufacturing and service workshop, built with an investment of approximately EUR 31M and covering an area of 21,000m2, is one of four locations operated by SMS India.

NPCIL approval for Remi’s instrumentation tubes

Remi – an Indian stainless steel tubes and pipes company – received approval from India’s major thermal and nuclear power companies for its seamless, welded and welded cold drawn (WCD) Heat Exchanger HP Heater U Bent tubes for use in places where the temperatures (390°C) and pressures (~600Kg/cm2) are super critical.

LR Energy certifies cryogenic storage tank in India

Lloyd's Register Energy (LR Energy) inspected and certified a 28m high cryogenic storage tank for VRV Asia Pacific – a first of its kind in India using ‘cold strengthening’ technology.

JSPL chooses GE Power Conversion to triple output

Jindal Steel & Power Limited (JSPL) selected GE Power Conversion’s AC motors and drives to upgrade the steckel mill at its Raigarh Steel Plant, Chhattisgarh, India. The upgrade will boost production at the facility in line with JSPL’s plans to more than triple the steel-making capacity at its Raigarh plant from 3Mt per annum (MPTA) to 10MPTA by 2020.

Harsco wins third major contract in India

Diversified global industrial company Harsco Corporation clinched a multi-year contract valued at more than USD 160M over its duration with Essar Steel India, one of India’s largest steel producers and exporters.

Indian delegation to explore iron ore assets in Br

In a bid to explore potential iron ore assets for acquisition by state-run companies, India will be sending a high-level delegation to Brazil for the second time in three months.

The delegation is headed by Beni Prasad Verma (Steel Minister) and includes DRS Chaudhary (Steel Secretary), CS Verma (Chairman of National Mineral Development Corporation or NMDC) and NK Nanda (Technical Director of NDMC) to name a few.