India’s NMDC asked to explore doubling of capacity of Nagarmar steel project

Monday, 27 June 2016 11:16:13 (GMT+3)   |   Kolkata
       

India’s Ministry of Steel has decided to ask the government-owned NMDC Limited to consider the option of doubling the capacity of its 3 million mt per year steel mill under construction at Nagarmar in Chhattisgarh state, a ministry official said on Monday, June 27.

The official stated that the Ministry of Steel will ask NMDC Limited, the country’s largest iron ore miner, to prepare a new project report for capacity expansion to 6 million mt and commence the expansion project close to the commissioning date of the current 3 million mt project.

He said that the $2.2 billion steel mill is expected to be ready for trial runs by the end of 2016, with commercial production scheduled for December 2017.


Similar articles

Ex-India billet offer volumes on the rise despite surging local prices

08 May | Longs and Billet

India’s RINL achieves 20 percent increase in crude steel output in April

08 May | Steel News

Ex-India HRC offer prices rise but only to Europe, most sellers still not keen on exports

07 May | Flats and Slab

Ex-India pellet prices consolidate higher amid positive outlook

03 May | Scrap & Raw Materials

India’s JSL to invest $968 million in capacity expansion, infrastructure and acquisition

02 May | Steel News

Indian HRC exporters keep prices stable but mood still positive despite slow trade

30 Apr | Flats and Slab

Somanath Tripathy at IREPAS: India’s total scrap consumption to increase to 35.6 million mt in 2024

29 Apr | Steel News

Local Indian CRC prices down slightly as industrial users take pause from fresh bookings

29 Apr | Flats and Slab

Local Indian HRC trade prices inch up as mills resort to unofficial base price hikes

29 Apr | Flats and Slab

Indian government mulls consortium of state companies to build infrastructure in Mongolia to import coking coal

26 Apr | Steel News