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Cold-rolled formed engineering solutions are driving a sustainability shift in the mining sector as the process generates minimal scrap, which can reduce waste generation by up to 80 per cent compared to conventional methods, experts said. As the industry focuses on productivity and sustainability, the shift toward precision-driven cold roll-formed engineering is emerging as a key enabler -- reducing waste, lowering costs, and improving long-term performance across mining operations. "In mining, scrap is not incidental -- it is embedded cost. Traditional fabrication creates inefficiencies through cutting, welding, and overdesign. Cold roll forming addresses this at the source by minimising material loss and delivering precision-engineered profiles," said Santosh Venkatasubbaiah, Director - Sales and Marketing at Mother India Forming, a company specialising in cold roll-formed components. Cold-rolled formed engineering solutions supports India's green steel initiatives by minimizing
Steel and mining major ArcelorMittal on Thursday reported a 31.35 per cent rise in net income to USD 377 million in the September quarter. The Luxembourg-based company had posted a net income of USD 287 million in the year-ago period. The net income is attributable to equity holders of the parent company. The company follows a January-December financial year. Its sales increased by 3 per cent to USD 15,657 million, over USD 15,196 million a year ago. "While markets are challenging and tariff-related headwinds persist, we are seeing signs of stabilisation and are optimistic on the outlook for our business in 2026, when we will benefit from more supportive industry policies in key markets," its Chief Executive Officer Aditya Mittal said in a statement. "Turning to financial performance, the company reported resilient results in what is typically a seasonally weak quarter. The underlying strength of the business is again evident in the structurally higher margins delivered over the