08
Aug
13:03
Tata eyes starting NINL production in October
Tata Steel aims to start Neelachal Ispat Nigam (NINL)’s blast furnace and steel production in October. The company will be spending INR 1,000 crore ($125.61 million) to restart the operations at its recently acquired 1 million tonne/year crude steel production capacity asset, Kallanish notes.
It also aims to work simultaneously to expand NINL’s capacity by building a 4.5m t/y long products complex in the next few years, and further expanding it to 10m …
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