04
Jul
20:09
Bhushan Steel aims to increase hot strip capacity
India’s Bhushan Steel says that it is shutting its hot strip mill in Dhenkanal in Orissa for a period of time in order to increase production capacity at the plant, Kallanish notes.
In a statement to the stock exchange, the heavily-indebted automotive steel specialist says that it is taking the Dhenkanal hot strip mill down for 20 days. This is for the purpose of capacity addition, the steelmaker says. It intends to increase the mill’s HRC capacity f…
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