The Steel Authority of India Ltd’s Bhilai Steel Plant is developing special grades of steel plates used in the manufacture of railway wagons. These are customised for Titagarh Wagons, a government owned company
Steel Authority of India Limited (SAIL) will double the production of iron ore from its mines to 38 mtpa in tandem with the Rs 70,000 crore steel making capacity expansion plan for producing more than 23 million tonne of hot metal in a yea
Steel Authority of India (SAIL) has abandoned its plans to set up a steel processing unit (SPU) in Jammu and Kashmir because of concerns about its financial viability.SAIL had undertaken a fresh financial review of the project on account of the changed market scenario and the viability of the project without the concessions
Steel Authority of India (SAIL), reiterated its commitment to invest more than Rs 20,000 crore in West Bengal, which includes ongoing modernisation and expansion programs at the Indian Iron and Steel Company (IISCO) plant in Burnpur, Durgapur Steel Plant and Alloy Steel Plant.
Steel Authority of India is on the last level of discussion with Korean steelmaker Posco on the $12 bn steel project and that it should be finalised soon. Posco signed an initial pact with Steel Authority of India to set up a 500,000 tonne plant to make a high value auto grade steel plant in Bokaro
Rashtriya Ispat Nigam Ltd has decided to expand into the flat steel business with the changing dynamics of demand. A capacity of upto 7.3 mn tonne from the current 3.3 mn tonne will be for the long steel maker. However, the 4 mn tonne that the company plans to add after the 7.3 mn tonne expansion, will focus on flat steel.
Steel Authority of India (SAIL) expects the share of value-added products to rise up to 55 per cent of its total saleable steel production in the next two years from the current 39 per cent through its Rs 70,000 crore modernisation programme.