#tata steel company online

[tatasteelcompany]

Forging Tomorrow: Tata Steel Company's Journey of Innovation, Sustainability, and Global Impact

Introduction:

Tata Steel, a name inseparable from greatness and versatility, remains as a titan in the global steel industry. Laid out a while back, the company has endured the winds of progress as well as consistently set benchmarks for innovation, sustainability, and corporate responsibility. In this article, we will dive into the complex story of Tata Steel, investigating its rich history, global impact, sustainable practices, and its vision for the future.

A Glance at Tata Steel's History:

Tata Steel, previously known as Tata Iron and Steel Company (TISCO), was established by the visionary industrialist Jamsetji Tata in 1907. The foundation of the company denoted a urgent second in India's industrialization, as Tata expected to make an elite steel fabricating office to fulfill the developing needs of the country. The steel plant in Jamshedpur, Jharkhand, turned into the core of Tata Steel's operations and has since advanced into one of the main steel-delivering offices globally.

Key Milestones:

Foundation of Tata Steel:

The groundwork of Tata Steel in 1907 denoted the introduction of India's previously coordinated steel plant. This visionary undertaking laid the foundation for the industrialization of the country.

Expansion and Diversification:

Throughout the long term, Tata Steel extended its operations and diversified its item portfolio. From creating ingots and steel sheets, the company wandered into assembling specialty steel, adding to India's modern growth.

Procurement of Corus:

In a notable move in 2007, Tata Steel obtained the European steel monster Corus Gathering, making it one of the world's top steel makers. This essential obtaining extended Tata Steel's global footprint and improved its abilities in the worldwide market.

Innovation in Sustainability:

Tata Steel has been at the cutting edge of sustainable practices in the steel industry. The company has spearheaded drives to decrease carbon outflows, upgrade asset utilization, and carry out eco-friendly technologies in its operations.

Global Impact and Presence:

Tata Steel's impact reaches out a long ways past the boundaries of India, with an impressive global presence. The securing of Corus slung the company into the class of global steel pioneers. Today, Tata Steel operates in different nations, including the Netherlands, the Unified Realm, Singapore, Thailand, and Australia. The company's global footprint mirrors its obligation to serving different business sectors and adding to the development of the global steel industry.

Sustainable Practices:

Environmental Stewardship:

Tata Steel has been a torchbearer for environmental responsibility in the steel industry. The company has executed a scope of drives to limit its environmental footprint, remembering speculations for energy-productive technologies, squander reusing, and the reception of sustainable power sources.

Water Management:

Recognizing the basic significance of water preservation, Tata Steel has executed thorough water management practices. From rainwater reaping to the reusing of water in its operations, the company endeavors to guarantee capable water use.

Carbon Footprint Reduction:

Tata Steel has been proactive in tending to environmental change worries by consistently pursuing lessening its carbon outflows. The company has put resources into cutting edge technologies and cycles pointed toward limiting its overall carbon footprint.

Community Engagement:

Past its operational undertakings, Tata Steel effectively draws in with nearby networks through different social responsibility programs. The company's obligation to instruction, medical services, and community development mirrors its commitment to making a positive impact on the social orders where it operates.

Innovation and Technological Advancements:

Research and Development:

Tata Steel's obligation to innovation is clear through its strong Research and Development (Research and development) drives. The company puts resources into state of the art technologies, process streamlining, and the development of advanced steel grades to meet the advancing necessities of businesses.

Digital Transformation:

Embracing the digital era, Tata Steel has gone through huge digital transformation. The combination of innovation in assembling processes, production network management, and client interactions has upgraded effectiveness and seriousness.

Advanced Steel Products:

Tata Steel consistently presents advanced steel products that take care of the particular prerequisites of assorted businesses. From high-strength steels for auto applications to erosion safe grades for framework projects, the company's item portfolio stays at the bleeding edge of technological innovation.

Vision for the Future:

Tata Steel's vision for the future is grounded in a pledge to sustainable growth, technological greatness, and social responsibility. The company envisions itself as a global pioneer, in steel creation as well as in spearheading answers for a sustainable and comprehensive world.

Sustainable Growth:

Tata Steel expects to accomplish sustainable growth by persistently working on its environmental execution, streamlining asset use, and cultivating a roundabout economy. The company tries to be a capable steward of the planet, offsetting economic growth with environmental stewardship.

Imaginative Arrangements:

With an emphasis on innovation, Tata Steel envisions assuming a crucial part in forming the future of the steel industry. The company means to create and present novel arrangements that address arising difficulties and add to the headway of businesses around the world.

Global Leadership:

Expanding on its global presence and various capacities, Tata Steel tries to keep up with and fortify its situation as a global forerunner in the steel area. The company expects to be at the front line of technological advancements and industry best practices.

Conclusion: Tata Steel Company's journey from its commencement to its ongoing status as a global steel stalwart embodies the soul of big business, innovation, and obligation to cultural prosperity. With a heritage well established in the upsides of the Tata Gathering, the company keeps on forming the steel industry's scene with a vision that reaches out past simple economic pursuits. Tata Steel's steadfast devotion to sustainability, technological advancements, and community engagement positions it as a guide of motivation for the global business community, underscoring that achievement isn't simply estimated in lots of steel delivered yet in the positive impact made on the world stage.

[vamshi11]

The Rising Demand for Tata Steel: How to Purchase the Best TMT Bars

Tata Steel, a stalwart in the steel industry, has seen a substantial increase in demand over recent years. This surge is driven by its reputation for quality and reliability, making it a preferred choice for construction and infrastructure projects. As the construction sector continues to expand, the need for high-quality TMT (Thermo-Mechanically Treated) bars has never been greater.

Growing Demand for Tata Steel

Tata Steel’s TMT bars are renowned for their superior strength, durability, and consistency. The company’s commitment to quality and innovation has positioned it as a leader in the steel industry. The growing demand for Tata Steel products reflects the broader trends in the construction and infrastructure sectors, where high-quality materials are essential for safety and structural integrity.

The expansion of urban infrastructure, residential complexes, and commercial projects has led to an increased need for reliable building materials. Tata Steel has responded to this demand with an enhanced production capacity and a focus on delivering products that meet rigorous industry standards.

How to Purchase the Best TMT Bars

When selecting TMT bars for construction, it’s essential to choose reputable brands known for their quality. Here are some of the top TMT brands and tips on how to purchase them:

1. Tata Steel

Tata Steel is synonymous with quality in the steel industry. Known for its high-grade TMT bars, Tata Steel ensures superior performance and safety. To purchase Tata Steel TMT bars, check with authorized dealers or distributors who can provide current prices and availability.

2. Vizag Steel

Vizag Steel, produced by Rashtriya Ispat Nigam Limited (RINL), is another trusted brand in the TMT market. Vizag Steel TMT bars are known for their strength and resilience. To buy Vizag Steel TMT bars, look for certified suppliers or visit their official website for a list of authorized distributors.

3. SAIL (Steel Authority of India Limited)

SAIL is one of the largest steel producers in India and offers high-quality TMT bars. SAIL’s TMT bars are widely used in construction due to their excellent mechanical properties. Check with local SAIL dealers or visit their website for information on pricing and purchasing.

4. Jindal Steel

Jindal Steel & Power Limited (JSPL) produces TMT bars that are known for their strength and durability. Jindal Steel’s TMT bars are a popular choice for both residential and commercial construction. Visit authorized Jindal dealers or their website to get the latest price and availability.

Where to Buy TMT Bars Online

With the rise of digital platforms, purchasing TMT bars online has become increasingly convenient. Here’s how you can buy TMT bars from online sites:

Steeloncall: An online marketplace specializing in steel products, including TMT bars from various brands. The platform offers competitive prices and a wide range of options.

Construction Mart: This online store provides TMT bars from leading brands like Tata Steel, Vizag, SAIL, and Jindal. It’s a reliable source for current prices and availability.

Local Online Dealers: Many local dealers now have online portals where you can check TMT bar prices and make purchases. Ensure that the dealer is authorized and provides quality products.

Understanding TMT Bar Prices

The price of TMT bars can fluctuate based on several factors, including:

Raw Material Costs: Changes in the cost of raw materials, such as iron ore and coal, can impact TMT bar prices.

Demand and Supply: High demand coupled with limited supply can lead to price increases. Conversely, an oversupply can drive prices down.

Market Trends: Economic conditions, government policies, and infrastructure projects can influence steel prices.

Seasonal Variations: Prices may vary depending on seasonal demand and production levels.

Conclusion

Tata Steel and other leading brands like Vizag Steel, SAIL, and Jindal are at the forefront of providing high-quality TMT bars essential for modern construction. With the convenience of online purchasing, acquiring these materials has become easier than ever. Understanding the factors that affect TMT bar prices can help you make better purchasing decisions and ensure you get the best value for your investment. As the demand for quality construction materials continues to grow, staying informed about market trends and price changes will be crucial for both builders and consumers.

[townpostin]

Tata Steel Commits To Timely Quarter Maintenance And TRM Job Completion

MD Rituraj Sinha Responds To Employee Concerns During Online Session Company addresses safety issues in L-6 quarters and discusses potential sponsorship opportunities. JAMSHEDPUR – Tata Steel has pledged to ensure timely maintenance and backlog correction of TRM jobs in employee quarters, following concerns raised during an online session with management. Rituraj Sinha, MD of Tata Steel UISL,…

[moneymava]

Tata Steel Recruitment 2024 apply online - Tata Steel Recruitment 2024 for freshers

Tata Steel Recruitment 2024 apply online – Tata Steel Recruitment 2024 for freshers Tata Steel Recruitment 2024 official website. Exciting job openings in multiple category job roles for applicants who have passed out in 2023 to be a part of Tata Steel. Tata Steel Limited is India’s largest multinational steel-making company which is based in Jamshedpur, Jharkhand, and the headquarters of the…

[olko71]

New Post has been published on All about business online

New Post has been published on https://yaroreviews.info/2024/02/tata-steel-workers-to-vote-on-strikes-amid-job-peril

Tata Steel workers to vote on strikes amid job peril

Getty Images

By Jack Grey

BBC News

Steelworkers’ unions will ballot members on strike action in response to job losses at Tata Steel.

Community reached a formal mandate to let members vote on strikes, while Unite will hold a ballot on 1 March.

Tata has announced plans to reduce emissions at its Port Talbot site, putting nearly 2,000 jobs at risk.

Community boss Roy Rickhuss said the union was “prepared to fight for our industry”.

No way blast furnaces can stay, says Tata boss

Half of Port Talbot Tata jobs at risk, unions told

Tata job cuts ‘devastating’ for UK steel – union

“Industrial action is always a last resort but Tata’s actions mean we now have to prepare for that eventuality,” said Mr Rickhuss for Community, the union representing the most steelworkers.

He said recent statements from Tata indicates the company is “determined to impose its devastating proposals”, making a “complete mockery of the ongoing consultation process”.

Getty Images

“There is still time for Tata to change their position, but as things stand we are heading towards a major industrial dispute,” Mr Rickhuss added.

“We are preparing for that ballot to take place as soon as is practically possible.

Unite said its plans for a ballot were complete.

“Unite will fully support its members during any industrial dispute, with any resources needed, including its multimillion pound strike fund,” said Unite general secretary Sharon Graham.

Tata Steel Port Talbot job losses

Tata has said 2,423 jobs across the UK are at risk, with 1,929 of those in Port Talbot, which employs 3,859 people.

The firm plans to replace existing, and heavily polluting, blast furnaces at the site with greener electric arc furnaces.

There will be a phased closure of the site’s two blast furnaces, with the first furnace and coke ovens expected to cease operation by the middle of the year.

A winding down of its remaining heavy-end assets will follow in the latter half of 2024.

Getty Images

Alun Davies, Community’s national officer for steel, said: “No worker ever relishes the prospect of going on strike” but that workers are “being pushed ever-closer to that option”.

“Tata’s plan represented the cheapest option on the table and it is bad for jobs, bad for the economy, bad for the environment and bad for national security. We will not accept it,” he said.

“We will not stand back and allow our livelihoods, our communities and the UK’s steelmaking capacity to be thrown on the scrap heap.”

Analysis by Huw Thomas, Business Correspondent

Just two weeks into the formal consultation with Tata and the major union representing steelworkers is clearly exasperated.

Community’s move towards industrial action is swift but not surprising.

It regularly floated the possibility of future strike action during months of talks with Tata, and the lack of any early progress during the formal consultation period has given it the opportunity to ratchet up the intensity of its opposition.

The union primarily represent workers in the heavy end of steelmaking in Port Talbot, those whose jobs will disappear along with the blast furnace production that houses them.

Its announcement comes on the eve of mass rallies staged by multiple unions in Port Talbot and Newport, where the aim is to harness further public and political support for their campaign to save steelmaking.

Tata Steel’s objectives seem clear and immovable, and the company is unlikely to make concessions in response to the rallies or a looming industrial dispute.

A Tata Steel spokesperson said: “Much of our existing iron and steelmaking operation in Port Talbot is at the end of its life, is unreliable and inefficient, and contributing to losses of £1.7m a day in the last quarter alone.

“Our restructuring proposals would mean that we are able to sustain the business as we transition to new electric arc furnace technology. 

“We believe we have a very exciting future ahead, providing the high quality, low-CO2 steels that our customers in the UK and overseas are so desperate for.”

The UK government said it would help staff at a “concerning time for Tata’s employees”, adding it had committed £80m in direct support for those affected.

The Welsh government has called for further talks on a longer transition at Port Talbot to protect jobs.

Related Topics

Wales

Wales business

Steel industry

Port Talbot

Tata Group

More on this story

No way blast furnaces can stay, says Tata boss

7 February

Half of Port Talbot Tata jobs at risk, unions told

2 February

Tata job cuts ‘devastating’ for UK steel – union

19 January

[latest-govt-job-online]

TATA STEEL JET Recruitment 2024 - Apply Now

Tata Steel JET recruitment 2024 – Basic Details Tata Steel JET Recruitment 2024 : Tata steel Limited has announced an official vacancy for Fresher B.Tech or Diploma Passed student from all over India. Tata Steel Limited Company is one of the Leading Growing company In India. Candidates who are looking for Tech Sarkari Job can apply for those post online through official website of TATA STEEL.…

[mjvaluemart]

Looking for centrifugal fan parts? Here's what you should know about mjvaluemart, an e-marketplace for spares

Centrifugal fans are an important component and are used in HVAC systems, dust and gas extractor fans, air filtration and pollution control devices, and industrial conveyors. If you are looking for centrifugal fan parts, it is a good idea to explore e-marketplaces that sell unused spare parts. Many traders, MSMEs, and small businesses are procuring unused spare parts online as part of their inventory management and cost-cutting strategy. Here are some useful insights on mjvaluemart, an e-marketplace for spares: 

1. You can buy genuine unused spare parts:

Operated by mjunction, a joint venture between SAIL and Tata Steel, mjvaluemart connects you with verified companies that have excess  inventory. The selling sources have to register with the platform after submitting copies of registration, GST registration certificate and PAN card. This means the multi-vendor platform hosts only registered companies selling genuine products.

2. You can choose products from easy-to browse catalogue: 

One of the key benefits of buying centrifugal fan parts and other industrial spare parts at mjvaluemart is that all items are properly categorised. For instance, you will find categories such as mechanical, electrical and  hardware. Under each category, there are sub-categories, making it easy for you to browse industrial spares that you are looking for. You will industrial spares such as fasteners, gear boxes, valves, pumps and motors under relevant categories. 

3. The platform can arrange inspection of inventory if needed:

When you are buying unused spare parts mjvaluemart, you can opt for value-added services such as third - party inspection. This ensures that the products you receive meet quality standards. In certain cases, the products are also inspected by the sellers and reports are made available to the buyers.

4. You can pick up spare parts as per your convenience: 

When you buy  industrial spare parts from original equipment manufacturers (OEM), you may not have complete control over the delivery timeline. However, when you buy at mjvaluemart, you have the option of self pickup. This way you can save time and get operations at your company up and running without any delay. 

5. Spare parts are available at negotiable price:

At mjvaluemart, all centrifugal fan parts and other spare parts listed by verified selling sources are offered at negotiable prices.  You can directly negotiate with the selling companies. The transaction takes place only when both parties agree. Although OEMs do offer discounts, you have to buy in bulk. There is no minimum order at mjvaluemart and you can buy as many industrial spaces as you want. 

6. You do not have to pay any transaction fee:

At mjvaluemart, you don’t have to pay any transaction fee or registration fee. You can even browse spare parts without even registering. However, to buy you must register. 

Here are some benefits  of buying centrifugal fan parts at mjvaluemart: 

Lower price than OEMs

Quicker turnaround time

No need for storing excess industrial spares 

To buy centrifugal fan parts and other industrial spare parts at mjvaluemart, register here.

We hope you find this article insightful! 

[finance76]

A guide to Indian share markets

Trading shares is a common investment form. More young and professional investors are getting involved with share trading. This is because share trading allows you to create a corpus at a quicker pace than conventional investment options. With enough knowledge and research, you can invest in a range of shares that can help you fulfil your financial goals.

But before investing, you need to know about the share market today. This guide should explain how the Indian share market functions:  

Differences between stock and share markets

Share and stock market mean the same thing. Both refer to the gathering of traders, buyers and sellers, on a single platform. Before the introduction of the Bombay Stock Exchange’s screen-based trading platform, BSE-On-line Trading or BOLT was done by brokers by physically standing in the trading ring. However, thanks to the digital age and online trading platforms, trading happens on computer terminals set up by stockbrokers.

Primary and Secondary Markets

Any private company that wants to raise funds publicly should do so through Initial Public Offering. For this, companies launch IPOs in the Primary Market and interested investors should apply for them beforehand. Once the IPO is launched, the company gets listed on the Secondary Market. Here, you can then invest in shares, like ICICI Bank share price, publicly.

Investors can purchase and sell shares conveniently via Demat Account without needing to fill up any forms, like in IPOs.

Share price determination

The share price depends on the demand and supply ratio. Typically, the share prices increase when a company is growing at a quicker pace or earning good profits. Share prices also increase as the interest in the share among investors and the demand for the share increases. Meanwhile, the prices fall when the demand for a share falls. For example, Tata Steel share price is falling today.

What are stock indices?

There are more than thousands of companies trading shares publicly on the two Indian stock exchanges: The Bombay Stock Exchange and the National Stock Exchange Indian. Of these, an index gets formed by grouping a few similar stocks. The classification of the grouped stocks depends on several common factors such as the company size, the industry it belongs to, market capitalisation, and other such factors. These are called stock indexes.  

The stock index of the BSE includes the top 30 performing stocks from financially stable companies while the stock indexes of the NSE include the top 50 performing stocks. Other stock exchanges in India include Bankex and market cap indices such as BSE Midcap and BSE Small-Cap. Understanding these basics is crucial. This helps you make informed decisions if to hold, sell, or buy the shares.

[babuagency]

Find the Best Asian JSW Paint Wholesale Dealers, Distributors & Suppliers in Vellore:

Babu Agencies is Best Asian JSW Paint Wholesale Dealers, Distributors & Suppliers in Vellore Gudiyathem Latheri, Tamil Nadu.   Asian Paints Dealer Locator allows you the comfort of locating our dealers nearest to you for any kind of painting services.  Asian Paint is one of India's most renowned paint companies, which provides several advantages to the dealer. Check our wide range of bath products online with exclusive designs. 

To know more visit Best Asian JSW Paint Wholesale Dealers, Distributors & Suppliers in Vellore

[indiafrontline123]

Tata Group is quietly preparing for another IPO

Tata Group – The salt-to-steel conglomerate Tata Group, which has 29 publicly listed companies and a combined market capitalization of $314 billion (Rs 23.4 trillion) as of December 31, 2021, may be covertly preparing for a very different IPO amid all the rumours floating around about IPOs being planned for Tata Play and Tata Technologies. By 2025, India’s electronic industry is expected to be worth $300 billion, a market share that Tata Group hopes to capture through Tata Electronics Pvt Ltd. (TEPL). This 2020 incorporation specializes in producing precision electronic components, and it has a manufacturing site in Tamil Nadu’s Krishnagiri area.

[mycsrindia]

 Reliance Industries, HDFC are companies with highest CSR spending

Companies with highest CSR spending According to the 2022 Burgundy Private Hurun India 500 list, Reliance Industries is the company with the highest Corporate Social Responsibility (CSR) spending. Tata Consultancy Services (TCS), HDFC Bank, and Tata Steel are listed after Reliance Industries. Companies like Wipro, ITC, and Infosys have also been listed those Companies with...

[machine-learning-course]

Significant of Machine Learning Course

What is machine learning?

Machine learning is a method of data analysis that automates analytical model building. It is a branch of artificial intelligence based on the idea that systems can learn from data, identify patterns and make decisions with minimal human intervention.

Why machine learning is Important?

The science of machine learning is constantly expanding. Through adaptation comes an increase in demand and importance. There is one critical reason data scientists need machine learning: ‘high-value forecasts that can direct smarter decisions and smart behaviors in real-time without human intervention.’

Machine learning as a tool aids in the analysis of vast amounts of data, easing the roles of data scientists in an automated process, and is gaining popularity and acceptance. Machine learning has revolutionized data extraction and visualization by using automated collections of standardized approaches that have replaced conventional statistical techniques.

So, how dramatically is machine learning changing the data analysis landscape?

The trial-and-error approach to data processing has historically been used – an approach that becomes difficult to use when dealing with large and heterogeneous data sets. Big data has been chastised for being over-hyped for this same purpose. The challenge of introducing new predictive models that function reliably is directly proportional to the availability of more data. Traditional mathematical solutions are more based on static analysis, which is limited to analyzing time-frozen samples. Enough of this could lead to untrustworthy and erroneous assumptions.

How Can Data Science Change As Machine Learning Become More Common in the Industry?

Machine learning and data science can coexist. Consider the concept of machine learning: a machine’s ability to generalize information from data. Machines can understand very little in the absence of details. If anything, the increased use of computer learning in many fields would serve as a spur, pushing data science to become more important. Machine learning is just as successful as the data provided to it and the algorithms’ ability to consume it. Basic standards in machine learning will become a common prerequisite for data scientists in the future.

Important for IT Career:-

Machine Learning is a potential talent – Despite the rapid development of machine learning, the industry is facing a skills shortage. If you can satisfy the demands of large corporations by acquiring experience in ML, you can have a stable career in a growing technology.

Work on real-world problems – In this new era, businesses face a slew of questions that ML promises to fix. As an ML developer, you can focus on real-world problems and provide solutions that can have a significant effect on how companies and individuals succeed. Needless to mention, a career that helps you to practice and solve real-world problems is extremely satisfying.

Learn and evolve – Because ML is on the rise, by joining the sector early on, you can observe patterns firsthand and continue to increase your importance in the industry, thus growing your importance to your employer.

Saves Time:-

Depending on your goals, a free online course would typically take about one and a half years to complete. A college degree could take four years or more. It is erroneous to believe that you must learn every year in high school in order to find a career in AI because a successful confirmation course will already provide you with all of the skills you need.

There are several different providers of machine learning courses available online, but the options mentioned above are likely the most well-known. You can choose any of them based on the needs and the options they have. Capability growth classes, in our opinion, are the perfect way to advance in your career. Tata Steel Digie-Shala is a platform where one get the best courses at a reasonable price. They also have a machine learning certificate upon completion of the course.

[moneymava]

Tata Steel Recruitment 2023 >> Official notification out >> Apply Now

Tata Steel company job vacancy 2023. Today we have a Job Opening for 7590 openings, absolutely free no fees required you can apply for tata steel recruitment 2023 apply online last date. Tata Steel Recruitment 2023 Odisha, tata steel official website, http://www.tatasteel.com recruitment 2023 apply online.  Tata steel recruitment 2023 Jamshedpur. Tata steel career, tata steel jet recruitment…

[olko71]

New Post has been published on All about business online

New Post has been published on https://yaroreviews.info/2023/11/british-steel-set-to-cut-up-to-2000-jobs-in-furnace-closure-plan

British Steel set to cut up to 2,000 jobs in furnace closure plan

Reuters

By Simon Jack & Lucy Hooker

BBC News

British Steel has confirmed it plans to close down its blast furnaces in Scunthorpe, putting up to 2,000 jobs at risk.

They will be replaced with two electric arc furnaces – one at Scunthorpe and one at Teesside.

The company said its £1.25bn proposal would make British Steel “a clean, green and sustainable business”.

But it said the plans were still “subject to appropriate support” from the UK government.

The business, which is owned by China’s Jingye Group, said the new furnaces could be in operation by late 2025.

Chief executive Xijun Cao said the firm was not able to keep the blast furnaces and meet environmental commitments.

“We have engaged extensively with the public and private sector to understand the feasibility of producing net zero steel with our current blast furnace operations. However, thorough analysis shows this is not viable,” he said.

Unions estimate the shift could ultimately lead to the loss of 1,500 to 2,000 jobs, predominantly at Scunthorpe.

British Steel said it was working with North Lincolnshire Council on “a masterplan” to attract new business and jobs to the site in Scunthorpe, parts of which would become vacant under the proposals.

The Department for Business and Trade said the proposals were part of a plan to put the UK steel industry on a greener, more sustainable footing for the future.

A spokesperson said the government had offered “a generous support package including more than £300m of investment”.

Earlier this year, British Steel’s larger rival, Tata, announced it would close its two blast furnaces in Port Talbot and replace them with electric arc furnaces, with an expected loss of up to 3,000 jobs. It will receive £500m of government support.

British Steel said it remained in talks with the government over what backing it could expect for its strategy.

“We need the UK to adopt the correct policies and frameworks now to back our decarbonisation drive,” said Mr Cao.

The key issues at Port Talbot’s Tata steelworks

Steelworkers may ballot to strike over Tata plans

The government concedes the plan to close the blast furnaces at Scunthorpe and Port Talbot will leave the UK without the ability to make “virgin steel”.

But it says the output from new electric arc furnaces will cover most of the UK’s needs.

Blast furnaces use coke in the process of creating “virgin” steel, but the process generates carbon dioxide.

Electric arc furnaces are mostly used to melt down and repurpose scrap steel. The end product is not the same grade of steel that is produced in blast furnaces, and is not suitable for all industrial uses in, for example, motor manufacturing and construction.

However, arc furnaces can be powered by electricity, including renewable generation.

Unions expressed concern at the timescale of the migration and said they would examine British Steel’s proposals in detail.

Roy Rickhuss, general secretary of Community, the specialist trade union representing UK steelworkers, said he was “deeply concerned” by the plans, which he described as “dangerous and foolhardy”.

“The plans that British Steel has announced, combined with Tata Steel’s plans, would leave the UK unable to make steel from raw materials and dangerously exposed to international markets,” he said.

Paul Nowak, general secretary of the Trades Union Congress, said workers would not “stand back” as the UK’s steel industry was “dismantled in real time.”

Unions have already threatened industrial action over Tata’s plans.

“The Conservatives are presenting a false choice,” Mr Nowak said. “Other countries have shown that it is possible to transition to zero-carbon steelmaking and protect good steelmaking jobs for the future. We can do the same here.”

UK Steel, the industry body, said the announcement marked a turning point.

“The UK’s major steel producers are taking crucial steps to decarbonise by 2035,” said its director general Gareth Stace.

However, critics point out that switching from traditional blast furnaces to electric arc furnaces will not reduce overall carbon emissions, but instead will “export” them, if the UK buys the virgin steel it needs from plants abroad that still use the traditional process.

Production of steel is responsible for around 7% of the world’s greenhouse gas emissions, but some countries are pursuing an alternative, low-emission process using hydrogen.

Charlotte Brumpton-Childs from the GMB union said the closure would be “a hammer blow” for UK steel and “devastating” for the people of Scunthorpe.

The towers and chimneys of the steelworks have been part of the Lincolnshire town’s landscape for more than five decades, employing generations of local workers.

But the UK’s second largest steel manufacturer collapsed in 2019, then was bought by Jingye, with promises to invest more than a £1bn over 10 years.

However, in February the firm announced that it was closing its coking oven, used to turn coal into fuel for the blast furnaces. At the time it said steelmaking in the UK was “uncompetitive” with some of the highest energy, carbon and labour costs in the world.

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Related Topics

Steel industry

Scunthorpe

More on this story

The key issues at Port Talbot’s Tata steelworks

3 days ago

Steelworkers may ballot to strike over Tata plans

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Starmer eyes ‘fantastic future’ for steel industry

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Inside the steel town having its mettle tested

4 February

[digital-marketing-portal]

Want to grow your business online? Here are some of the best digital marketing companies in Pune

Digital marketing is the most cost-effective way of reaching an enormous audience in a way that is measurable. Every business I now approaching the leading digital marketing companies in Pune or some other major cities in India to digitally market their business. To attract customers online and to make a business supremely popular online, digital marketing is necessary.

Keeping the above factor in mind, here I have listed some of the top digital marketing companies in Pune:

Skovian Ventures - Skovian Ventures is a new age digital marketing and website development company in Pune. If your brand or organisation needs a real time online marketing strategy then Skovian Ventures will help you out with it. Some of their clients are BMW, VTP Realty and Headway.

PromotEdge – A Kolkata-based digital marketing company providing services in Pune. PromotEdge is known for its world-class digital services and for working with a plethora of businesses from a multitude of industries like FMCG, Automobile, Real Estate, Manufacturing and Retail. Some of their clients are Tata Steel, Shyam Metalics and Rishta Foods.

SRV Media - With a vision to craft impactful digital transformations through creative storytelling and innovative digital technologies, SRV Media is one of the best digital marketing companies in Pune. Some of their clients are Asian Paints, HDFC Bank and Datsun.

These are some of the best digital marketing companies in Pune. If you are looking for digital marketing services in Pune, you can reach out to any of the above-mentioned companies.

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Vatsal Agarwal, Simplex Coke: Vocal-For-Local Will Stop Unfair Chinese Dumping

Prime Minister Narendra Modi said “Every citizen of this country has resolved to turn this crisis into an opportunity. We have to make this a major turning point for this nation. What is that turning point? A self-reliant India.” and urged people to go “vocal for local” He went on to say that everything that the country is forced to import should be made in India. How India should become an exporter of the same products in future, and prepare a globally competitive domestic supply chain

China dictates the coke market by either increasing coke price or dumping the coke price to such a level that the Indian government had to impose the anti-dumping duty of USD 25 per ton on imports from China which increases the profit margin of domestic producers like Simplex Coke. India has meagre reserves of coking coal and coke making capacity, so it does not figure in the world rankings. It has earmarked a huge expansion of the steel industry to meet the population base. Existing capacities at various steel plants within India have aged and they need immediate replacement.

Vatsal Agarwaal, founder of Simplex Coke & Refractory, is into met coke which is an essential import substitution product where India is dependent on China. Post Covid-19, PM Narendra Modi has launched the Aatmanirbhar Bharat campaign, which makes it vital for India to produce coke at increased capacities to be self-reliant.

Vatsal Agarwaal has recently taken over a BSE listed company, Stratmont Industries Limited. He wants to create a cloud based online coal trading marketplace named worldofcoal.com to integrate real time stock positions of various traders at different ports present, directly on the portal screen, such that buyers and sellers are able to match their price expectations as per market conditions.

Simplex Coke is the 4th largest merchant manufacturer and trader of met coke in India and currently has a market share of approximately 5% in west and north India. It has installed stamp charging technology in its port-based plants located in Kutch & Porbandar. From there they intend to do coastal movement of coke to Haldia, Vizag, Chennai, Goa port and have also tied up with 7 coke manufacturers to build a pan India presence. Vatsal Agarwal has grown his company from a humble turnover of Rs.4 crores to Rs.100 crores in a span of barely 4 years with key customers like Tata Chemical, Nirma, Hindustan Zinc, Hindalco, Jindal Saw, Essar, Kirloskar, JSPL, etc.

“As per Steel Policy 2017 India has a target to produce 300 MT of steel by 2030. To achieve this target 30 MT of coke making facilities are required in addition to the existing, envisaged facilities and coke import. Presently India is importing approximately 3 to 4 MT of Coke per year,” said Mr P.K. Rath CMD of RINL.

Simplex Coke also has a piling division which has risen to become India’s largest piling rig rental company, it recently acquired 15 brand new piling rigs and is executing several metro and infrastructure projects as India has a huge infrastructure budget of Rs.111 Lakh crores.

Vatsal Agarwal has recently signed an MOU with the Gujarat government, under ‘Vibrant Gujarat’ to set up new manufacturing as India has a shortfall of coke capacities under the ‘Make in India’ scheme.