Tata Steel Ltd.

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Large Cap | Steel & Iron Products
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Tata Steel’s mining arm plans to double its ferro chrome manufacturing capacity

Date: 16-04-2021

Tata Steel’s mining arm -- Tata Steel Mining (TSML) has planned to double its ferro chrome manufacturing capacity in India with growing demand for stainless steel in the country. In a bid for aggressive growth, the company aims to raise ferro chrome capacity from 450,000 tonnes per annum to 900,000 tonnes per annum in the near future.

Tata Steel, the flagship company of the Tata group is the first integrated steel plant in Asia and is now the world’s second most geographically diversified steel producer and a Fortune 500 company.