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India’s Steel Production to Surge by 32.9%

Decarbonization relies on ferrous scrap usage.

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India’s steel production is projected to experience a remarkable surge of 32.9% by 2030, with the increasing utilization of ferrous scrap playing a pivotal role in this growth and the broader decarbonization efforts in the industry. As the demand for steel rises, the focus is shifting towards more sustainable practices that reduce carbon emissions and promote circular economy principles.

The growing reliance on ferrous scrap, which is derived from recycled steel products, is seen as a critical strategy to minimize the carbon footprint of steel manufacturing. This shift not only helps in conserving natural resources but also significantly reduces energy consumption and greenhouse gas emissions associated with traditional steel production methods. By integrating recycled materials into the production process, India aims to create a more resilient and environmentally friendly steel industry.

Industry experts emphasize that adopting innovative technologies and efficient recycling processes will be essential for achieving these ambitious targets. The Indian government is actively promoting policies that support the steel sector’s transition towards greener practices, which includes investments in advanced recycling facilities and research into low-carbon production methods.

Additionally, the surge in steel production is expected to drive economic growth, creating jobs and enhancing the overall industrial landscape in India. As the country continues to modernize its infrastructure and urbanize rapidly, the demand for steel is set to increase, further underscoring the importance of sustainable production practices.

Overall, India’s strategy to leverage ferrous scrap in steel production not only addresses immediate economic needs but also aligns with global efforts to combat climate change, positioning the country as a leader in sustainable industrial practices. This approach is anticipated to pave the way for a greener, more efficient steel industry, contributing to both national growth and global sustainability goals.

Concrete

Star Cement launches ‘Star Smart Building Solutions’

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Star Cement has launched ‘Star Smart Building Solutions,’ a new initiative aimed at promoting sustainable construction practices, as per a recent news report. This venture introduces a range of eco-friendly products, including tile adhesives, tile cleaners and grouts, designed to enhance durability and reduce environmental impact. The company plans to expand this portfolio with additional value-added products in the near future. By focusing on sustainable materials and innovative building solutions, Star Cement aims to contribute to environmentally responsible construction and meet the evolving needs of modern infrastructure development.

Image source:https://www.starcement.co.in/

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Concrete

Nuvoco Vistas reports record quarterly EBITDA

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Nuvoco Vistas reported its highest-ever quarterly consolidated EBITDA of Rs.556 crore in Q4 FY25, with annual EBITDA at Rs.1,391 crore. Cement sales reached 19.4 MMT in FY25, with Q4 contributing 5.7 MMT. Revenue rose 4 per cent YoY to Rs.3,042 crore in Q4. Net debt reduced by Rs.390 crore to Rs.3,640 crore. The company received NCLT approval for acquiring Vadraj Cement, targeting 31 MMTPA capacity by FY27. Key marketing initiatives, expanding RMX and MBM businesses, and a focus on sustainability (457 kg CO2/tonne) drove performance. Nuvoco remains focused on premiumisation, operational efficiency, and market expansion.

Image source:nuvoco.com

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Concrete

UltraTech Cement increases capacity by 1.4Mt/yr

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UltraTech Cement has expanded its production capacity by 1.4 million tonnes per annum (Mt/yr) through a combination of debottlenecking efforts and operational efficiency upgrades across several of its plants. The enhancements include an addition of 0.6Mt/yr in grinding capacity at the Nagpur facility in Maharashtra and a combined 0.8Mt/yr at the Panipat and Jhajjar units in Haryana. With these upgrades, the company’s total domestic grey cement capacity has risen to 184.8Mt/yr, while its global capacity now stands at 190.2Mt/yr.

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