Economy, Banking and Finance · 20 March 2026
Tata Steel signs MoU with University of Science and Technology Beijing (USTB) to develop low-carbon steelmaking technologies.
Exam-focused facts from the 20 March 2026 current affairs briefing.
Key facts
- Tata Steel signed the MoU with University of Science and Technology Beijing (USTB) in Beijing on Monday.
- Research teams from Tata Steel, Tata Steel Research and Innovation Limited and USTB will jointly work on scrap-based steelmaking, steel waste valorisation, end-product performance, and carbon capture and utilisation technologies.
- The collaboration will use USTB's academic expertise and its experimental and pilot-scale facilities to test and scale up technologies for industrial application.
- Subodh Pandey, Vice President - Technology, R&D, NMB and Graphene, Tata Steel, stated that the partnership aims to co-create technologies advancing Tata Steel’s sustainability goals.
- Prof Shuqiang Jiao, Vice President of USTB, noted that USTB and Tata Steel share a long-standing partnership and will combine USTB's metallurgy and materials science expertise with Tata Steel's industrial strengths.