ISA, AISC sign MoU for steel industry cooperation
Steel

ISA, AISC sign MoU for steel industry cooperation

The Indian Steel Association (ISA) and the ASEAN Iron and Steel Council (AISC) have signed a memorandum of understanding (MoU) for bilateral cooperation between the Indian and ASEAN steel industries. The MoU was signed on 21 May 2023 in Manila, Philippines.

The MoU aims to leverage the strengths, expertise, and resources of both organisations to unlock new avenues for growth, innovation, and sustainability in the steel industry. The delegation from India was led by Dilip Oommen, President of ISA and CEO of AMNS India. The Secretary-Generals of ISA and SEAISI and other senior officials of ISA, South East Asia Iron and Steel Institute (SEAISI) and AISC also attended the signing ceremony.

The MoU was signed by Dilip Oommen and Purwono Widodo, President of ASEAN Iron and Steel Council and President Director of PT Krakatau Steel.

The signing of the MoU is a significant step towards strengthening cooperation between the Indian and ASEAN steel industries. The MoU will enable the two regions to share knowledge and expertise, and to collaborate on research and development projects. It will also help to promote trade and investment between the two regions.

The MoU is a positive development for the global steel industry. It will help to ensure that the industry is able to meet the growing demand for steel in a sustainable way.

Also Read
Himachal Pradesh transport department aims Rs 8.5 bn revenue
Governor reviews NHAI projects in Himachal Pradesh

The Indian Steel Association (ISA) and the ASEAN Iron and Steel Council (AISC) have signed a memorandum of understanding (MoU) for bilateral cooperation between the Indian and ASEAN steel industries. The MoU was signed on 21 May 2023 in Manila, Philippines. The MoU aims to leverage the strengths, expertise, and resources of both organisations to unlock new avenues for growth, innovation, and sustainability in the steel industry. The delegation from India was led by Dilip Oommen, President of ISA and CEO of AMNS India. The Secretary-Generals of ISA and SEAISI and other senior officials of ISA, South East Asia Iron and Steel Institute (SEAISI) and AISC also attended the signing ceremony. The MoU was signed by Dilip Oommen and Purwono Widodo, President of ASEAN Iron and Steel Council and President Director of PT Krakatau Steel. The signing of the MoU is a significant step towards strengthening cooperation between the Indian and ASEAN steel industries. The MoU will enable the two regions to share knowledge and expertise, and to collaborate on research and development projects. It will also help to promote trade and investment between the two regions. The MoU is a positive development for the global steel industry. It will help to ensure that the industry is able to meet the growing demand for steel in a sustainable way. Also Read Himachal Pradesh transport department aims Rs 8.5 bn revenue Governor reviews NHAI projects in Himachal Pradesh

Next Story
Infrastructure Urban

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Next Story
Infrastructure Energy

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Next Story
Infrastructure Urban

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement