Indian iron ore and steel giant NMDC has ordered a new blast furnace with an annual capacity of 3 million metric tons of crude steel from the Italian plantmaking company Danieli Corus, a subsidiary of Danieli Group. Local Indian company Tata Projects will also contribute to the blast furnace project. The new steel plant will be located in the region of Chhattisgarh.
According to some market analysts, in the next three years Indian crude steel output will grow at a rapid rate to 130 million metric tons per year, from the current 72 million metric tons.
Danieli Corus to build blast furnace for India’s NMDC
Tags: Crude Steel Raw Mat India Italy Europe Mediterranean Indian Subcon European Union South Asia Steelmaking
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