New BFs for Jindal Stainless, BMM Ispat to boost Indian steel capacity

Both special steelmaker Jindal Stainless (JSL) and fellow Indian producer BMM Ispat were set to construct new blast furnaces (BFs) which would continue to raise the country’s overall steelmaking capacity, Fastmarkets heard on Wednesday May 5.

India’s steel sector was still working toward a combined target capacity for 300 million tonnes per year of crude steel by the country’s 2030-31 fiscal year.

The industry...

Published

Lee Allen

May 04, 2022

12:30 GMT

London