Steel Authority of India (SAIL) is exploring Kobe Steel's technology to modernize Visvesvaraya Iron and Steel (VISL) plant located in Bhadravati, Karnataka. The company currently is in discussion with Japanese steel maker to float a joint venture to increase its steel output.
The Japanese steel major is doing techno-feasibility study of all plants, once it gets the report, it will help the company to devise a strategy for VISL plant modernization. VISL plant in Bhadravati is well suited for making alloy steel and specialty steel. Also it is located close to the port and is well suited for exports.
SAIL manufactures and sells a wide variety of steel products such as hot and cold rolled sheets and coils, galvanised sheets, electrical sheets, structurals, railway products, plates, bars and rods, stainless steel and other alloy steels. It also produces long and flat steel products, which is in demand in the domestic as well in international market.
Company Name | CMP |
---|---|
JSW Steel | 873.30 |
Tata Steel | 166.45 |
SAIL | 167.90 |
Jindal Stainless | 734.80 |
APL Apollo Tubes | 1587.50 |
View more.. |