Kobe Steel enlisted to help India upgrade $400m iron ore nuggets plant

Dec 22, 2011 | 07:41 AM |

The government-owned Steel Authority of India (SAIL) has commissioned Japan’s Kobe Steel to upgrade its manufacturing facilities and set up a new $400 million iron ore nuggets plant in Durgapur, West Bengal.

“Feasibility studies are being carried out for the new plant, and a joint-venture agreement is likely to be signed soon,” a SAIL spokesman told Metal Bulletin.

The 500,000-tpy plant will be ready by 2013 and will use Kobe’s ITmk3 (Iron Making Technology Mark Three) process, he said. ....

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