07
Mar
16:03
Tata Steel eyes doubling of steelmaking capacity
Tata Steel aims to increase its steel production capacity from the existing 20 million tonnes/year to 40m t/y through the fiscal year ending 31 March 2030. This entails an investment outlay of INR 100,000 crores ($13 trillion), Kallanish notes.
The steel company plans to enhance the capacities of its existing Angul, Kalinganagar and Jamshedpur units, instead of acquiring other steel mills to achieve the target.
"The current capacity in India of 20m t/y is go…
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Very good overview of the weekly steel market.
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