9,339.59 TRY BIST 100 BIST 100
39.37 USD USD USD
5.51 CNY CNY CNY
45.51 EUR EUR EUR
0.12 CNY CNY/EUR CNY/EUR
43.35 TRY Interest Interest
75.93 USD Fossil Oil Fossil Oil
46.12 USD Silver Silver
4.81 USD Copper Copper
92.95 USD Iron Ore Iron Ore
328.00 USD Shipbreaking Scrap Shipbreaking Scrap
4,302.27 TRY Gold (gr) Gold (gr)

Tata Steel on its path to becoming one of the world's lowest-cost steel producers

Total expansion of Tata Steel's Kalinganagar project in Odisha is on target to be completed by December next year.

Tata Steel on its path to becoming one of the world's lowest-cost steel producers

Initiated in November 2018, the second phase of the project aims to increase production capacity from 3 MTPA to 8 MTPA with an investment of Rs. 23,500 billion. Rajiv Kumar, Vice President of Operations at Tata Steel Kalinganagar, stated that the expansion includes raw material capacity, infrastructure and downstream facilities, including India's largest blast furnace.

The project, which is now 80% complete, focuses on flat steel production for value-added segments such as automotive, general engineering, oil and gas, lifting and earthmoving.

Having a total production capacity of 26.6 MTPA in its Indian operations, Tata Steel aims to become one of the lowest cost steel producers in the world thanks to the advanced technologies implemented at the Kalinganagar facility.

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

DP World Egypt handles Egypt’s largest iron ore shipment

Wednesday, June 18, 2025

Korean rebar producers halt shipments

Wednesday, June 18, 2025

Slow utilization of EU quotas for flat steel products

Wednesday, June 18, 2025

Jinnan Iron & Steel to supply equipment from Metso for iron ore plant in Oman

Wednesday, June 18, 2025

China introduces new regulation on imports of recycled steel and black mass materials

Wednesday, June 18, 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