Terming the feat as astounding as the mining large has no prior expertise in steel making, NMDC Ltd appearing chairman and managing director Amitava Mukherjee mentioned with this the PSU now joins the coveted league of Indian steel makers.
“For over six decades we had been playing a pivotal role in the domestic steel market as a supplier of quality iron ore. With today’s development we emerge as the newest entrant in the domestic steel market and have put Bastar on the steel map,” Mukherjee mentioned.
What makes the feat much more outstanding, NMDC mentioned, is that it’s fairly uncommon to see the commissioning of three vital items in the hot zone – Blast Furnace, Steel Melting Shop and Mills (skinny slab caster – hot strip mill) – in such a brief time period.
The 3 million tonne each year capability steel plant, which has been constructed at a price of round Rs 24,000 crore, will probably be producing excessive grade HR steel to fulfill the necessities of a number of key consuming sectors.
While the plant will produce low carbon steel, excessive energy low alloy (HSLA) & twin section steel and API high quality steel that may be rolled in to thickness starting from 1mm to 16 mm, the skinny slab caster at Nagarnar is being touted as the widest mill in the general public sector on account of its functionality to roll 1,650mm broad hot rolled steel.
“The HR coils, sheets and plates coming off India’s latest and most modern mill are expected to meet the growing demand for quality HR needed for the manufacture of LPG cylinders, bridges, steel structures, ships, large diameter pipes, storage tanks, boilers, railway wagons and pressure vessels. It is also required for manufacturing of tanks, railway cars, bicycle frames, engineering and military equipment and automobile and truck wheels, frames and body parts,” NMDC mentioned.
The plant can even be producing particular sort of steels for use in manufacture of turbines, motors, transformers and cars at a later stage.
It was simply on August 12 this 12 months that NMDC had fired up India’s second largest blast furnace on the Nagarnar plant, which has the distinctive benefit of iron ore provide linkages with Bailadila miles which can be situated simply 100 km away.