Tata Metaliks’ DI pipe expansion to increase captive consumption of pig iron to 70%

Wednesday, 28 August 2019 15:53:09 (GMT+3)   |   Istanbul
       

Tata Metaliks, a subsidiary of Tata Steel will double its ductile iron (DI) pipe making capacity and increase its captive consumption of pig iron to 70 percent, a company official said on Wednesday, August 28.

He said that Tata Metaliks’ $88 million project to increase its DI pipe making capacity to 400,000 mt per year from 200,000 mt per year will ensure that at least 70 percent of its 300,000 mt of pig iron production per year will be used for its own consumption and less reliance on merchant sales of pig iron and higher value addition will improve overall profitability of the company.

The DI pipe making capacity increase will also include construction of 15 MW captive power plant thereby improving energy costs and efficiencies of the plant, the official said.

The DI pipe project is planned keeping in mind the sharp expected rise in demand across markets in India in the wake of government project to provide piped drinking water to every household by 2024.


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