SAIL to expand capacity at its Rourkela Steel Plant

Steel Authority of India (SAIL) is planning to expand capacity at its Rourkela Steel Plant in Odisha. Following the expansion, the hot metal production capacity at the Rourkela Steel Plant will go up to 4.5 million tonnes per annum (mtpa) from 2 mtpa now.

Further, the company is ambitiously planning for Rourkela Steel Plant’s further expansion to 10.8 mtpa as part of the company’s vision to attain a capacity of 50 mtpa hot metal by 2025.

Recently, the company raised long product prices by Rs 500-1000 per tonne. The company also increased prices of flat product by Rs 250-500 per tonne.

SAIL is India's largest steel producing company. The company is among the five Maharatnas of the country's Central Public Sector Enterprises. The company has five integrated steel plants, three special plants, and one subsidiary in different parts of the country.