On December 20, SteelOrbis reported the approval of Tata’s Steel Kalinganagar project expansion. The start of the expansion on the site finally began in mid-June, according to a press release. For fiscal year-ended March 31, 2018, the Kalinganagar plant produced approximately 2.8 million mt in crude steel (93 percent capacity utilization). The expansion will increase capacity to 8 million mt annually at the site.
Tata steel presently has an annual capacity of 3 million in Kalinganagar, 10 million mt in Jamshedpur, and 5 million mt through Bhushan Steel (locations in Khopoli, Sahibabad, and Odisha), for 18 million mt total, with a goal of 26 million mt by 2023. Tata Steel has reached 70 percent of capacity goal. With the additional 5 million mt, Tata Steel will be at 23 million mt or 88 percent of the 2023 annual capacity goal.