11
Aug
14:10
Vedanta eyes doubling its steelmaking capacity
Vedanta Limited plants to invest $20 billion across its businesses, which includes a doubling of its steelmaking capacity.
“The company has planned a capex of $5 billion over a period of three years. In steel, we intend to double our capacity," says chairman of Vedanta Resources, Anil Agarwal. “Alongside, our acquisition of FACOR and its niche ferro-alloys business is yet another example of our diversification and future readiness”.
The com…
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Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous