24
Aug
01:00
Sail alloy steel JV in line for $150m modernisation
Steel Authority of India (Sail)’s alloy and special steel producing subsidiary Visvesvaraya Iron and Steel Plant (Visl) is set to undergo a INR 1,000 crore ($150 million) government-funded modernisation.
The Indian government aims to first secure iron ore supply for Visl before its modernisation and expansion begins. By how much the steelmaker’s 205,000 tonnes/year pig iron and 77,000t/y alloy and special steel capacities increase is yet to …
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Anonymous
Very good overview of the weekly steel market.
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