Indian steel ministry directs government mills to raise capacity by 80% by 2030

2022-08-12 19:08:52 By : Mr. james jia

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The ministry directive followed a review meeting on capital expenditure of government steel producers Steel Authority of India Limited (SAIL), Rashtriya Ispat Nigam Limited (RINL) and NMDC Limited.

Iron ore miner NMDC Limited is scheduled to start commercial production from its greenfield 3 million mt per year mill within the next few months.

“Based on the present assessment, the government is confident of reaching a total domestic steel production capacity of 300 mt per year by 2030-31. Most of the capacity expansion comes through brownfield and some greenfield expansion which may come from 2025-30,” a statement issued after the meeting said.