“The focus areas of this collaboration will be cold rolling and processing for carbon steel, green steel and silicon steel, specifically CRGO (cold rolled grain oriented) and CRNO (cold rolled non-oriented) steels,” SAIL said in a statement.SAIL partners with John Cockerill to incorporate green technology in steel production
State-owned Steel Authority of India Ltd (SAIL) has joined hands with the Indian arm of John Cockerill Group to integrate sustainable and advanced technologies in their iron and steelmaking processes. This collaboration is a significant step towards SAIL’s commitment to modernize traditional steelmaking practices and adopt eco-friendly methods.
The Memorandum of Understanding (MoU) was signed between SAIL and John Cockerill India Ltd (JCIL) to explore opportunities in cold rolling and processing for carbon steel, green steel, and silicon steel, specifically CRGO (cold rolled grain oriented) and CRNO (cold rolled non-oriented) steels. The partnership also aims to incorporate advanced steelmaking technologies to enhance efficiency and sustainability.
SAIL is continuously adapting to the changing market demands and striving towards a greener and more sustainable future. In the September quarter, SAIL reported a 31% decline in consolidated net profit to ₹897.15 crore, primarily due to lower income.
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By incorporating green technology in steel production, SAIL is taking a step towards a more sustainable future. The company remains committed to transforming traditional iron and steelmaking practices by adopting advanced, eco-friendly technologies. The partnership with John Cockerill India Ltd (JCIL) will focus on cold rolling and processing for carbon steel, green steel, and silicon steel, specifically CRGO (cold rolled grain oriented) and CRNO (cold rolled non-oriented) steels. This collaboration also aims to incorporate advanced steelmaking technologies to enhance efficiency and sustainability.
SAIL is continuously adapting to the changing market demands and striving towards a greener and more sustainable future. In the September quarter, SAIL reported a 31% decline in consolidated net profit to ₹897.15 crore, primarily due to lower income. However, the company remains committed to its goal of contributing to a greener and more sustainable future. Stay updated with the latest Market Coverage, Business News, and real-time Stock Market Updates on CNBC-TV18. You can also watch our channels CNBC-TV18, CNBC Awaaz, and CNBC Bajar Live on-the-go!
Follow us on: Live TV