Ispat Ind sets up plant

Ispat Industries Ltd said it set up a 1.2 million tonne per annum single module DRI plant supplied by Midrex, USA, and a 1.5 million tonne per annum (phase I) hot rolled coil plant supplied by a consortium of Mannesmann Demag, Mann GHH and SMS Demag, Germany; at Dolvi near Mumbai.

The company is undergoing capacity enhancement of HRC production to 3 million tonne per annum. The Dolvi complex also house a 2 million tonne per annum blast furnace set up by Ispat Metallics India Ltd.

BSE Code: 500305