India produces 120 mt of crude steel in 2022: Steel Minister

25 Apr 2022 CW Team

Steel Minister Ram Chandra Prasad Singh told the media that India produced 120 million tonnes (mt) of crude steel during the financial year (FY) ended March 31, 2022.

At 120 mt, the output was about 18% higher compared to the country's production in the prior fiscal year.

India produced around 102 mt of steel in 2020-21, according to official data.

The steel sector in India has traversed a fascinating journey from 1 mt at the time of independence to 120 mt in the last financial year, the steel ministry said at the National Metallurgist Award 2021 on Wednesday.

The award has been instituted to acknowledge the contributions of metallurgists working in the iron and steel field.

The areas covered in the award are manufacturing, waste management, research and development (R&D), design, education, energy conservation, and their specific contribution to achieving the government's Aatmanirbhar Bharat mission objectives.

Singh said steel application across segments would witness a quantum jump, and newer areas of usage such as drone technology will provide abundant opportunities to the steel players.

The awardees were shortlisted by the ministry via a transparent process through a two-stage mechanism of screening committee and selection committee. The applications for participation in the award process were invited by the ministry via a notification, according to the statement.

Image Source

Also read: Indian steel mills step in to fill supply gap by Russia-Ukraine war

Infrastructure Transport

27 Jun 2026

Noida Airport Fuels NCR Realty Growth

The start of commercial operations at Noida International Airport has recently emerged as a major trigger for real estate growth across Noida, Greater Noida and the Yamuna Expressway region. The airport is expected to improve regional connectivity and support the next phase of development in eastern NCR.The airport, inaugurated on 28 March, has begun passenger services, while cargo operations are also expected to strengthen its role as an economic and logistics hub. Its operationalisation is expected to reduce dependence on Delhi’s Indira Gandhi International Airport for residents and busine..

thyssenkrupp and GlobalLogic Form AI Alliance

thyssenkrupp AG and GlobalLogic, a Hitachi Group company, have recently formed a strategic alliance to deploy autonomous robotics and Physical AI across heavy industry operations. The partnership aims to improve safety, reduce engineering bottlenecks and accelerate industrial transformation at scale.The alliance brings together thyssenkrupp’s industrial expertise with Hitachi’s innovation capabilities. It includes GlobalLogic, Method and Hitachi America R&D, creating a “Lab-to-Scale” pipeline that connects research, digital strategy, design and enterprise software engineering for i..

Platinum Corp Launches Luxury Suites in Santacruz

Platinum Corp has recently launched Platinum Stellar: Bespoke Presidential Suites, a premium residential project in Santacruz West, Mumbai. The development is positioned as a boutique luxury offering for homebuyers seeking expansive layouts, privacy and personalised living experiences.Located on Main Avenue, the project has been designed as a low-density, high-end residential address with spacious homes starting from 2,500 sq ft and extending to full-floor residences. The project targets HNIs, business owners and legacy residents from the Bandra-Khar-Santacruz belt.Platinum Stellar has been de..