NMDC Steel (NSL) will commission its steel plant in Nagarnar by the end of June, as per reports. Located in Chhattisgarh’s Bastar district, the plant was originally expected to be commissioned by March 31st, 2023.“The company is targeting an initial production of anywhere between 200,000-300,000 tonnes in the current financial year,” DK Mohanty, Director (production) at National Mining Development Corporation said.
NMDC Steel was recently demerged from NMDC and listed separately in the bourses.The company has already commissioned the coke oven, sinker plant and the blast furnace at the plant and will be sourcing iron ore from NMDC, while coking coal will be procured from Australian mining major BHP.The steel plant will produce 2. 9 mt of HR coils, sheets and plates per year. The HR plates produced in the plant will be used in the manufacturing of LPG cylinders, API grade pipes, bridges, steel structures, ships, large diameter pipes, storage tanks, boilers, railway wagons, automobiles and pressure vessels