Gadchiroli pitched as Maharashtra’s future green steel hub India set to drive next global steel demand wave Italy crude steel output rises 3.1% in May Green steel progress remains slow worldwide
Jindal Steel & Power (JSPL) has commissioned a 240 MT Basic Oxygen Furnace (BOF) at its Angul steel plant, adding 3 million tonnes per annum (MTPA) of crude steelmaking capacity. This has raised Angul’s total capacity from 6 MTPA to 9 MTPA.
Alongside, JSPL has commissioned Blast Furnace-2, reinforcing the integrated steel flow to downstream mills. These expansions will cater to the growing demand from infrastructure, energy, automobile, oil & gas, and real estate sectors.
Chairman Naveen Jindal said the milestone will help Angul emerge as a global steelmaking hub, with JSPL now targeting 12 MTPA production capacity by FY26.
To support this scale-up, JSPL is also investing in a dedicated Paradeep port, slurry pipeline, coal pipe conveyor, power plant, and coke oven facilities, boosting operational efficiency and supply chain resilience.
Also Read : India Regains Net Steel Exporter Status in FY26 Metal Stocks Slide as Tata Steel, NALCO, Hindustan Zinc
India is anticipated to become the world's third-largest market for utility-scale batteries by 2030,...
Business 30-Apr-2024
Prime Minister Narendra Modi intends to inaugurate MMTS phase II - Sanathnagar-Moula Ali and Secunde...
Announcement 14-Feb-2024
The finance ministry has said that the government has halved the amount of equity infusion in state-...
Press Releases 26-Jan-2024
The shipping industry is under increasing pressure to decarbonise, but unclear regulatory guidelines...
Logistics 27-Mar-2024
The Indian Steel Conference will take place in Bhilai on August 29 and 30, 2024. This significant ev...
Business 28-Aug-2024
Jefferies has flagged Tata Steel and JSW Steel as attractive buys after a sharp gap opened bet...
Business 07-Apr-2026