28
Jul
11:51
Godawari to establish integrated flats mill under PLI
Godawari Power and Ispat (GPIL) plans to set up a new 1.5-2 million tonnes/year capacity integrated steel plant in Raipur, India under the government’s production-linked incentive Scheme (PLI). The new setup will produce flat steel with an estimated capital outlay of INR 3,000-4,000 crores ($403.29-537.72 million).
The company has signed a memorandum of understanding with the Chhattisgarh state government and initiated the process for land acquisition and ob…
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Very good overview of the weekly steel market.
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