JSW Steel to Increase Capacity in India
JSW Steel plans invest approximately $1 billion to ramp up the production capacity at its Vijayanagar plant in Karnataka, India, to 18 million metric tons per year from the current 12 million metric tons per year. A current expansion project, which will raise production at the plant from 12 to 13 million metric tons per year, includes the revamp and capacity upgrade of blast furnace-3 to improve hot metal availability. The company will also modify and enhance the capacity of its melt shop, its flat and long products mills and allied facilities to utilize the additional hot metal output. This project will be complete by March 2020.
JSW Steel says it already has the capability to increase output at Vijayanagar up to 16 million metric tons per year. Depending on iron ore availability, production will be raised to 18 million metric tons per year.