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Pipe Makers Seek Eased Steel Imports

Pipe makers in Kutch demand steel imports.

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Line pipe manufacturers in Kutch, Gujarat, are urging the Indian government to ease restrictions on steel imports to support the growth of the region’s pipeline industry. The Line Pipe Manufacturers Association has raised concerns about the current challenges faced by the industry, including limited access to high-quality steel, which is a crucial raw material for manufacturing pipes used in infrastructure projects.

Kutch, which is home to several major pipe manufacturing units, plays a significant role in supplying pipes for various sectors, including oil and gas, water supply, and industrial projects. However, manufacturers are struggling with a shortage of steel, particularly specific grades required for high-performance pipes. This shortage is exacerbated by high import duties and logistical challenges, which have led to increased production costs and delays in project timelines.

The industry representatives have pointed out that the current domestic steel production does not meet the specific needs of the pipe manufacturing sector, especially in terms of quality and quantity. They argue that easing steel imports would not only help address the immediate supply shortage but also support the expansion of the pipeline industry, which is vital for India’s infrastructure development goals.

The Line Pipe Manufacturers Association has called for a reduction in import duties on steel and the simplification of import procedures to ensure a steady and cost-effective supply of raw materials. They believe that these measures are essential for maintaining the competitiveness of the Indian pipe manufacturing industry in the global market.

Additionally, easing steel imports is seen as crucial for supporting ongoing and upcoming infrastructure projects in India, particularly in the energy and water sectors. With the government’s focus on boosting infrastructure and industrial growth, ensuring a reliable supply of raw materials like steel is critical for the success of these initiatives.

The association’s appeal highlights the need for a balanced approach to trade policies that consider the specific requirements of different industries while promoting overall economic growth and development. The outcome of these discussions could have a significant impact on the future trajectory of the pipeline industry in Kutch and across India.

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Jindal Stainless Launches First Stainless Steel Fabrication Unit in Mumbai

It will also serve as a centre of excellence for skill development, preparing India’s workforce for sustainable infrastructure projects.

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Jindal Stainless, India’s largest stainless steel manufacturer, through its subsidiary Jindal Stainless Steelway (JSSL), has inaugurated its first stainless steel fabrication unit at Washivali, Patalganga, Mumbai. The 4 lakh sq ft facility is designed to serve the bridge sector, fabricating critical components such as girders, arches, nuts, bolts, and handles. The unit was inaugurated by CEO & CFO Tarun Khulbe in the presence of senior leadership.

Developed with an initial investment of Rs 1.25 billion, the facility strengthens Jindal Stainless’ position as a provider of end-to-end fabrication solutions for India’s growing infrastructure sector. The unit is expected to scale from 4,000 tonnes in FY25 to 18,000 tonnes annually by FY26-27, creating over 250 direct jobs and benefiting 150+ families indirectly. It will also serve as a centre of excellence for skill development, preparing India’s workforce for sustainable infrastructure projects.

Abhyuday Jindal, MD, Jindal Stainless, said, “This fabrication unit represents another step in our efforts to provide integrated solutions for customers. Bridges are critical connectors, and this facility ensures end-to-end quality management for safer and longer-lasting structures.”

Tarun Khulbe, CEO & CFO, added, “By combining material excellence with skilled fabrication and streamlined processes, we are bridging the gap between stainless steel production and high-quality infrastructure delivery.”

Jindal Stainless has supplied stainless steel for landmark projects nationwide, offering corrosion-free, durable solutions with lifespans exceeding 100 years. The Mumbai facility marks the company’s entry into direct fabrication, offering complete solutions to infrastructure developers. Future expansions will include solar-powered operations, aligning with the company’s ESG goals and commitment to sustainable growth.

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Kretinsky Exits Thyssenkrupp Steel Stake as JV Plans Stall

Stake sale clears path for talks with India’s Jindal Steel

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Czech billionaire Daniel Kretinsky has sold his 20 per cent stake in Thyssenkrupp Steel Europe and abandoned plans for a 50:50 joint venture, the companies announced. The decision enables Thyssenkrupp to intensify discussions with Jindal Steel International for a possible acquisition.
The move follows stalled negotiations between Thyssenkrupp and Kretinsky’s EP Group amid union opposition. The European steel sector continues to face high energy costs, cheap Chinese imports and delayed hydrogen-based decarbonisation.

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Nippon Steel Buys 30% Stake In Canada’s Kami Iron Ore Project

Nippon Steel invests C$42 million in Canada’s Kami iron ore project.

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Japan’s largest steelmaker, Nippon Steel, has acquired a 30 per cent stake in Canada’s Kami iron ore project, forming a joint venture with Australia’s Champion Iron and trading house Sojitz to secure supplies of high-grade ore for direct reduced iron production.
Through its subsidiary NS Canadian Resources, Nippon Steel has paid C$42 million (Rs 2.5 billion) of the total C$150 million (Rs 9 billion) investment, with the remaining C$108 million (Rs 6.5 billion) subject to an additional investment decision based on a feasibility study.
The deal builds on a December agreement in which Nippon Steel and Sojitz purchased a 49 per cent interest in the project from Champion Iron for C$245 million (Rs 14.7 billion). Under the new joint venture, Kami Iron Mine Partnership, the companies will advance the feasibility study for the Newfoundland and Labrador project.
Nippon Steel said the project’s high-grade ore is ideal for producing direct reduced iron, which, together with high-quality scrap, is crucial for operating large electric arc furnaces. The company plans to expand such furnaces to lower carbon emissions as part of its decarbonisation strategy.

Having recently acquired U.S. Steel, Nippon Steel has been strengthening its stakes in coking coal and iron ore mines worldwide to ensure long-term security of critical raw materials. 

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