Steel Making Capacity

The steel ministry has prepared the draft policy - the National Steel Policy (2017 -- to ensure the sector follows a sustainable path of development in respect of augmenting capacity to 300 mt by 2030-31.

German conglomerate ThyssenKrupp has in last two years invested around Rs 350 crore in India to set up an elevator making facility in Pune and aerospace unit in Bengaluru.

Tata Steel Ltd is making good progress on acquiring the land it needs to double the capacity of its newest steel plant in Odisha to meet growing demand in the country, a company executive said.

With commissioning of this 6 mtpa pellet plant in the first stage, Essar Steel's total pellet capacity has gone up to 14 million tonnes, making it the largest Indian producer of this intermediary product for manufacturing of steel.

India's steel imports from China, the world's biggest producer of the alloy, doubled in April-September from a year ago though the country has enough capacity to meet its demand.

JSW Steel plans to raise capacity at its Bellary plant by 60 per cent to 16 million tonnes a year at an estimated investment Rs 30,000 crore that will make the unit the largest single-location steel facility.

SAIL is likely to invest around Rs 1.5 lakh crore to raise its hot metal making capacity to 50 million tonnes per annum (mtpa) from 23 mtpa, planned under ongoing modernisation and expansion by 2025, the Parliament was informed on Wednesday.

The board of Gujarat NRE Coking Coal has advised company shareholders to reject Jindal Steel and Power's all-cash Rs 1,200 crore takeover bid, saying the offer does not adequately reflect future prospects.

Tata Steel today said it has achieved best ever quarterly steel production and sales in the October-December period on the back of record production of crude and hot metal to reach an annual crude steel capacity at 8.35 million tonnes (MT).

Ruais-promoted Essar Steel on Thursday said it has commissioned a 0.87-million-tonne per annum (mtpa) iron-making capacity at Hazira plant using Corex technology as part of its Rs 17,000 crore capacity expansion programme. "We have successfully commissioned a Corex module having 0.87 mtpa capacity. A second Corex module of the same capacity ...

The steel ministry has prepared the draft policy - the National Steel Policy (2017 -- to ensure the sector follows a sustainable path of development in respect of augmenting capacity to 300 mt by 2030-31.

German conglomerate ThyssenKrupp has in last two years invested around Rs 350 crore in India to set up an elevator making facility in Pune and aerospace unit in Bengaluru.

Tata Steel Ltd is making good progress on acquiring the land it needs to double the capacity of its newest steel plant in Odisha to meet growing demand in the country, a company executive said.

With commissioning of this 6 mtpa pellet plant in the first stage, Essar Steel's total pellet capacity has gone up to 14 million tonnes, making it the largest Indian producer of this intermediary product for manufacturing of steel.

India's steel imports from China, the world's biggest producer of the alloy, doubled in April-September from a year ago though the country has enough capacity to meet its demand.

JSW Steel plans to raise capacity at its Bellary plant by 60 per cent to 16 million tonnes a year at an estimated investment Rs 30,000 crore that will make the unit the largest single-location steel facility.

SAIL is likely to invest around Rs 1.5 lakh crore to raise its hot metal making capacity to 50 million tonnes per annum (mtpa) from 23 mtpa, planned under ongoing modernisation and expansion by 2025, the Parliament was informed on Wednesday.

The board of Gujarat NRE Coking Coal has advised company shareholders to reject Jindal Steel and Power's all-cash Rs 1,200 crore takeover bid, saying the offer does not adequately reflect future prospects.

Tata Steel today said it has achieved best ever quarterly steel production and sales in the October-December period on the back of record production of crude and hot metal to reach an annual crude steel capacity at 8.35 million tonnes (MT).

Ruais-promoted Essar Steel on Thursday said it has commissioned a 0.87-million-tonne per annum (mtpa) iron-making capacity at Hazira plant using Corex technology as part of its Rs 17,000 crore capacity expansion programme. "We have successfully commissioned a Corex module having 0.87 mtpa capacity. A second Corex module of the same capacity ...