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NMDC Board Approves Demerger of Steel Business

US Court of Appeals for the Federal Circuit issued a majority 2-1 opinion on 13 July 2021 reversing the ruling of the US Court of International Trade

Russian steel maker PJSC Severstal has updated its medium-term environmental program target, which is expected to be implemented until 2030.

ArcelorMittal announced that its Sestao plant in Spain will become the world’s first full scale zero carbon emissions steel plant.

Global Consulting Firm McKinsey in a recent report highlighted that raw material shortages have the potential to disrupt the market for direct reduced iron

"He further directed the CPSEs to align their business activities to remain competitive in the market," the Ministry said.

The company’s newly acqui and Steel reported production of 0.69 million tonnes in Q1 of FY 22.

However, the company said that the exports were impacted by logistical challenges posed by adverse weather conditions leading to congestion at ports.