India’s ministry of steel is planning mega steel plants on a fast-track basis in five mineral rich states.

The move is aimed at meeting a demand supply defecit in the steel sector. This is in line with the proposed ultra mega power projects.

A steel ministry official said they were considering a proposal to set up a 8-10Mt/y steel projects in Jharkhand, Orissa, Chhattisgarh, Madhya Pradesh and Karnataka states.

Source Steel Scenario