Joint venture aims for 5 MTPA capacity on EV battery materials.
Strong players withstand low demand pressures
Major steel project set for Andhra Pradesh
Ambuja Cements targets 140 million-tonne capacity.
Rising imports strain steel companies' resources.
New incentives for green steel development.
JSW Steel reduces FY25 capex, defers expansion.
Baosteel made a net profit of $188 million, down from 3.8 billion yuan in the year-ago period.
The company recorded 9% YoY increase in sales in Q2 FY25.
It is a pilot project, demonstrating the use of green hydrogen in steelmaking.
