SAIL widens export base to Europe

19 January 2017

Steel Authority of India has managed to widen its export base to Europe with Rourkela Steel Plant (RSP) flagging off its maiden export consignment from its new Plate Mill on Tuesday

The consignment, which consists of High Tensile Plates with CE (European Confirmity) marking, is the first-of-its-kind for the Plate Mill. The despatch meets the international standards of DNV-GL Business Assurance. With this, SAILBSE -0.50 % has now expanded its toehold into the European market and strengthened its global footprints

The new state-of- the-art Plate Mill has produced and dispatched structural quality steel plates with close dimensional tolerance, flatness and surface finish, a company statement said. The Mill, which was inaugurated in February 2015, was part of RSP’s Rs 12,000 crore modernization plan to raise capacity to 4.5 million tonne from the existing 2 million tonne

It consists of a 4,300 mm wide plate mill, one of the widest such facilities in the country and includes advanced features such as computerised control system to maximise yield and high capacity levellers with hydraulic control to produce distortion free plates. It has a capacity of one million tonne per annum (mtpa) with provision for expanding the output to 1.8 mtpa in future.

 

Source:economictimes.indiatimes.com