India's stainless steel capacity to surpass 2 million tons

Friday, 09 April 2004 11:29:38 (GMT+3)   |  

India’s stainless steel capacity to surpass 2 million tons

According to the recent market reports, India's stainless steel output will surpass 2 million tons in the next 4-5 years. Several small and medium scale units are expanding their capacities. The 800'000 tons stainless steel project of Jindal Stainless Steel Ltd. in Orissa will be the one of the significant projects in the east coast. National Steel Institute expressed that steel sector has to seek for cost effective solutions for the usage of stainless steel.

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