State-owned Steel Authority of India Ltd (SAIL) connected Thursday said it has entered into a concern with the Indian limb of John Cockerill Group for utilizing greenish technologies successful robust and steelmaking processes.
The improvement assumes value arsenic the maharatna steadfast remains committed to alteration accepted robust and steelmaking practices by adopting advanced, sustainable technologies, the institution said successful a statement.
The Memorandum of Understanding (MoU) was signed by SAIL with John Cockerill India Ltd (JCIL), it said.
"The absorption areas of this collaboration volition beryllium acold rolling and processing for c steel, greenish alloy and silicon steel, specifically CRGO (cold rolled atom oriented) and CRNO (cold rolled non-oriented) steels," SAIL said successful a statement.
The concern besides aims astatine incorporating precocious steelmaking technologies to heighten ratio and sustainability.
SAIL is aligning its operations with the evolving demands of a dynamic marketplace and to lend to a greener, much sustainable future.
SAIL reported a 31 per cent diminution successful consolidated nett net to Rs 897.15 crore successful the September quarter, dragged by little income.