WCA November 2023

India Insight

Joining forces to decarbonise steel production in India SMS group and SAIL (Steel Authority of India Ltd) have signed a memorandum of understanding (MoU) to work together on sustainable steel production and decarbonisation efforts. The MoU signifies a commitment to drive developments focused on implementing long-term sustainable steelmaking practices, with an emphasis on decarbonising steel production in SAIL’s integrated steel plants across India. The partnership is aimed at addressing the challenges of reducing carbon emissions and making the steel industry more environmentally friendly. technological expertise for design and engineering activities, equipment supplies and technical assistance for erection and commissioning projects at SAIL’s facilities in India. SMS will provide

The MoU signing ceremony held in Ranchi

Shri Saumya Tokdar, CGM of SAIL’s Bhilai steel plant, said, “SAIL is actively looking for solutions to facilitate the transition to green steel production, and thus contribute to a sustainable future. We are delighted to reaffirm our partnership with SMS group and intend to take this association ahead with a deeper collaboration to access better technologies and processes to reduce our carbon footprint in a meaningful and consistent way.” SMS group GmbH www.sms-group.com Steel Authority of India Ltd www.sail.co.in skilled workforce, the company delivers products to diverse sectors such as automotive, infrastructure and energy. Mukand Ltd is committed to sustain- able practices and environmental responsibility, and actively invests in research and development to optimise processes, reduce waste and promote energy efficiency. The people-centric organisation says that it fosters a culture of continuous learning, providing training and development opportunities to enhance employees’ skills and knowledge. Mukand’s alloy steel is used in the auto mobile and auto component industry for products such as fasteners, bearing transmissions, crankshafts, steering com ponents, suspension springs, fuel injec tion equipment, braking systems and drive axles. The company exports its stainless steel products to developed and developing countries including the USA, Germany, Italy, Netherlands, Switzerland, UAE, Japan, Korea, Hong Kong, Taiwan and Vietnam. Mukand Ltd www.mukand.com

The signing of the MoU took place at SAIL’s management training institute at Ranchi, Jharkhand, India, in August. The companies see it as a positive step towards fostering innovation and sustainability in the steel sector, and it highlights the commitment of both organisations to contribute to India’s environmental and economic goals. “We are very proud to team up with a public sector enterprise responsible for steel production in India, and we look forward to collaborating in future,” said Marco Asquini, CEO, APAC and MEA region of SMS group. “This is a significant milestone for the decarbonisation of the Indian steel industry.”

Long products and heavy machinery Mukand Ltd, a Bajaj group company, is a manufacturer of steel long products and heavy machinery in India. plant machinery and turnkey projects. The company produces alloy steel at its facility in Hospet, Karnataka, and stainless steel in Thane, Maharashtra.

The manufactures speciality steel long products in the form of wire rods, bars, wires and bright bars that feed into the automobile and engineering industries. The industrial machinery division designs, manufactures, assembles and commissions heavy-duty cranes, bulk material handling equipment, process steel division

Incorporated in 1937, Mukand has established itself by delivering products and services to customers worldwide across different industries. Its core expertise is in the production of high quality alloy steel, stainless steel and other specialised metal products. With a heritage of technical know-how and a

Mukand manufactures speciality steel long products

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November 2023