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India’s Steel Trade Deficit Jumps, Confirms Net Importer Status

India’s Steel Ministry has revealed a significant 272% sequential surge in the country’s steel trade deficit, reaching Rs 8,888 crore. This surge, one of the highest in recent times, solidifies India’s status as a net importer in the first nine months of the fiscal year, with the deficit growing by Rs 6,495 crore within a
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Maharashtra Inks MoUs in Green Energy and Steel Sector, Promising 83,900 Jobs

The Maharashtra government has inked Memorandums of Understanding (MoUs) totaling Rs 3.16 lakh crore with various companies in the green energy sector and for the establishment of a steel manufacturing plant, projecting the creation of 83,900 jobs in the state, as disclosed by Deputy Chief Minister Devendra Fadnavis. The signing ceremony took place at the
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Ibstock swoops for concrete specialist Coltman Precast

Leading building materials manufacturer Ibstock has bought Birmingham-based Coltman Precast, one of the largest independent suppliers of precast concrete products. Coltman specialises in making hollowcore flooring panels and staircases at its 9.25-acre facility in Sutton Coldfield. The deal will allow Ibstock to extend its current range and raise manufacturing capacity to support its flooring and

Construction Work Begins at thyssenkrupp Steel in Duisburg

thyssenkrupp Steel recently held a cornerstone ceremony marking the pre-assembly work for continuous caster No. 4 and hot-strip mill No. 4 at its Bruckhausen site in Duisburg, Germany. The ceremony occurred just days after the inauguration event for the 2-stand reversing cold mill from Primetals Technologies at thyssenkrupp Steel’s Bochum site. The project at Bruckhausen
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Electric Forklifts Proving a Hit at Russell Roof Tiles

FORKLIFT OPERATORS at Russell Roof Tiles’ depots at Burton and at Lockerbie in Scotland have given the thumbs up to state-of-the-art electric trucks delivered last year. The investment in 11 Linde Material Handling (UK) X-range forklifts represents a powerful commitment to carbon reduction by Russell Roof Tiles. The manufacturer is a major UK supplier of