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.
India’s SAIL looks to Afghanistan for new steel plant
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.
Tags: Iron Ore Raw Mat Afghanistan India Middle East Indian Subcon South Asia Steelmaking Mining Investments Sail
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