NMDC Steel has operationalised its 3 MTPA capacity steel plant at Nagarnar in Chhattisgarh built at a cost of about Rs 24,000 crore. The plant has competitive advantage with iron ore supply linkage with Bailadila mines, about 100 kilometres from Nagarnar.
The product mix of the steel plant consists of low carbon steel, High-Strength Low-Alloy Steel & Dual Phase Steel and API quality steel that can be rolled into thickness range of 1 mm to 16 mm used in the manufacture of LPG cylinders, bridges, steel structures, ships, large diameter pipes, storage tanks, boilers, and railway wagons. The plant will also produce special type of steel to be used in manufacturing generators, motors, transformers and automobiles at a later stage.
NMDC Steel is a central public sector enterprise with a paid-up capital of Rs 2,930 crore owned by the President of India, under the administrative control of the Ministry of Steel, Government of India. The Government owns 60.79% stake in this company.
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|---|---|
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| JSW Steel | 1279.60 |
| SAIL | 175.05 |
| Jindal Stainless | 787.90 |
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