India’s SAIL looks to Afghanistan for new steel plant

Friday, 20 May 2011 02:57:33 (GMT+3)   |  
       

The Steel Authority of India (SAIL) said Thursday that it is interested in building a steel plant in Afghanistan, provided Afghanistan supplies the necessary infrastructure support and necessary raw material sources.

During a meeting at Ispat Bhawan Thursday-the corporate headquarters of SAIL in New Delhi, India-SAIL said it is one of 15 Indian steel and mining companies out of 22 that were short-listed by the government of Afghanistan for grant of mining licenses at Hajigak, which is said to hold 1.8 billion metric tons of magnetite iron ore.


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