Monnet Ispat and Energy is looking to make operational its two-million tonne pellet plant at its integrated iron ore and steel unit in Raipur, Chhattisgarh by December.
According to Amitabh S Mudgal, President (Marketing and Corporate Affairs), Monnet Ispat, the company has already invested approximately Rs. 7,000 crore at the Odisha unit.
The Delhi-based company is involved in mining and power generation apart from sponge iron and steel production. The plant also has flat and long product capacities.
“We are hopeful of commissioning the iron ore pellet plant by December this year,” Mudgal told reporters on the sidelines of the 8th Indian Coal Markets Conference organised here in the city.
Source: The Hindubusinessline
- metaljunction »
- Metal News
Metal News & Events
METALJUNCTION PUBLICATIONS
Coal Insights (English) Monthly
Coal Insights is a ready reckoner for anyone associated with coal. This publication is aimed at tracking everything related to coal in India.
India Coal Market Watch(English) Monthly
ICMW is a one-stop source for all news, data and research pertaining to coal demand, consumption, stocks, spot- and long-term prices with respect to the Indian Market.
India Steel Market Watch (English) Monthly
ISMW is a brand new high-end steel market report, covering all aspects of the steel industry in India.
Steel Insights(English) Monthly
Steel Insights delves into various facets of the domestic and global steel industry such as market fundamentals, raw material price trends, price forecasts etc.