9,224.84 TRY BIST 100 BIST 100
5.32 CNY CNY CNY
43.71 EUR EUR EUR
38.44 USD USD USD
0.12 CNY CNY/EUR CNY/EUR
46.98 TRY Interest Interest
63.56 USD Fossil Oil Fossil Oil
40.67 USD Silver Silver
4.76 USD Copper Copper
98.50 USD Iron Ore Iron Ore
325.00 USD Shipbreaking Scrap Shipbreaking Scrap
4,094.11 TRY Gold (gr) Gold (gr)

Tata Steel’s plans of EAF steel mill construction to be helpful in reaching production goal

Tata Steel’s plans of EAF steel mill construction to be helpful in reaching production goal.

Tata Steel’s plans of EAF steel mill construction to be helpful in reaching production goal

Tata Steel, the leading steel mill in India, is planning to establish a scrap-based steel mill in Ludhiana, Northern India. The location was chosen due to its proximity to an industrial area and the auto hub where the company can get scrap easily.

The steel mill will produce long steel products, with an annual production capacity of 750,000 tons. The mill operation was expected to start within two years.

Besides, Tata Steel is also looking to set up electric arc furnace-based recycling plants in Southern India, as part of its plan to reach 36 million tons per year in its domestic producing capacity.

If the route of electric arc furnace is successful, Tata Steel will replicate it across India, moving towards its target to reach an annual domestic capacity of 36 to 40 million tons.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

Egypt boosts sector with new mining law

Wednesday, April 30, 2025

Vallourec signs USD 130 million OCTG steel pipe supply contract in Kuwait

Wednesday, April 30, 2025

Josu Pina Bilbao “SSAB is a pioneer in fossil fuel-free steel”

Monday, April 28, 2025

US steel imports increase by 11.4% in March

Tuesday, April 29, 2025

Vardhman Special Steels to set up new greenfield steel plant in Punjab

Tuesday, April 29, 2025
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now