GUWAHATI, Nov 29: Steel Authority of India Limited (SAIL), a Maharatna and India’s largest public sector steel producer, signed a Memorandum of Understanding (MoU) with John Cockerill India Limited (JCIL), the Indian arm of the global John Cockerill Group, in Mumbai.
Anil Kumar Tulsiani, Director (Finance), SAIL and Michael Kotas, Managing Director-Metals Division, John Cockerill India Limited signed the MoU.
The MoU aims to leverage the combined strengths of the two companies, including cutting-edge technologies, extensive industry expertise and a shared vision for innovation and sustainability.
The focus areas of this collaboration will be Cold Rolling and Processing for Carbon Steel, Green Steel and Silicon Steel — specifically CRGO (Cold Rolled Grain Oriented) and CRNO (Cold Rolled Non-Oriented) steels.
Additionally, the partnership seeks to integrate green technologies into iron and steelmaking processes and incorporate advanced steelmaking technologies to enhance efficiency and sustainability.
SAIL remains committed to transform traditional iron and steelmaking practices by adopting advanced, sustainable technologies. With a steadfast focus on reducing carbon emissions and improving resource efficiency, SAIL is aligning its operations with the evolving demands of a dynamic market and to contribute to a greener, more sustainable future, a release stated.