Steel Authority of India Ltd (SAIL) and Rashtriya Ispat Nigam Ltd (RINL) – otherwise known as Vizag Steel – have both announced modernisation and expansion plans designed to increase the respective hot metal capacities by 23.1Mt and 7.3Mt by the fiscal 2016/17.
A report by The Times of India stated that SAIL, RINL and state-owned National Mineral Development Corporation (NMDC) were all planning ‘significant expansions’ across greenfield and brownfield locations and that the latter is constructing a 3Mt/yr integrated steel plant at Chhattisgarh.
SAIL operates eight steel plants in West Bengal, Chhattisgarh and Odisha, while RINL has one plant in Andhra Pradesh.
Source: The Times of India.