Friday, January 28, 2011

Expansion of Steel Capacity

Based on the progress of steel expansion capacity projects, being undertaken by the major steel investors and as per the information furnished by the respective companies, the total steel production capacity in India is expected to be approximately 120 million tonnes by December 2012. As far as the technology, operation methods and type of products is concerned, the details of these are decided by the individual companies based upon techno-commercial considerations. Government of Chhattisgarh has informed that the State Government has formulated “Rehabilitation Policy” which takes care of rehabilitation adequately.

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