Indian producer Iisco to expand capacity
Burnpur-based steel producer Indian Iron & Steel Co Ltd (Iisco) is reportedly planning to increase its liquid steel
production capacity from 500'000 tons to 1 million tons with an investment of Rupees 4-5 billion ($86.3-108 million).
It is stated that capacity expansion is in its initial stages and the final stages will be completed by Iisco and Steel Authority of
India Ltd (
SAIL).
In the second stage, Iisco plans to increase its liquid steel
production capacity to 2 million tons by 2012.