09
Mar
06:02
Sail eyes capacity expansion, delivers metro project steel
Indian state-run steelmaker Steel Authority of India (Sail) aims to increase steel production capacity from the existing 19 million tonnes/year to 50m t/y through the fiscal year ending 31 March 2030 (FY30). The proposed expansion ties in with the National Steel Policy target of 300m t/y production by FY30, Kallanish notes.
“We are planning the next phase of modernisation and expansion,” Sail chairman Soma Mondal told local media. “Our debt-equit…
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Anonymous
Very good overview of the weekly steel market.
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