29 Apr 2022 | 03:17 UTC

India's Jindal Stainless, BMM Ispat to add 3 mil mt/year of crude steel output from 2023

India's Jindal Stainless and BMM Ispat plan to install new blast furnaces that will add a total 2.88 million mt/year in production capacity from as early as 2023, the companies said separately April 28.

Jindal Stainless awarded a contract to German metallurgical plant manufacturer SMS Group on April 28 to install a 2 million mt/year furnace at its Kalinganagar complex in Jajpur, Orissa.

The new furnace will be designated BF No. 1 and be the "core of JSL's Kalinganagar plant expansion," Jindal Stainless said in a statement, noting the new furnace will have "an inner volume of 2,307 cu m."

"The commissioning of the new plant is expected by the end of 2023 and we are looking forward to work getting underway," Anil Anand, SMS Group's chief operating officer said.

This blast furnace will be the first at Jindal Stainless' complex, which currently operates an electric arc furnace with a production capacity of about 1.1 million mt/year of crude steel.

Jindal Stainless also operates an integrated stainless steel plant at Jajpur with a capacity of 1.1 million mt/year that it plans to increase to 2.1 million mt/year.

Separately, BMM Ispat awarded a contract to Danieli Corus April 28 for an 880,000 mt/year blast furnace complex to be built at Danapur, Karnataka. Danielli is an Italian engineering company and steel producer.

BMM's blast furnace, its first, will have a 680 cu m working volume with a designed production capacity of 2,400-2,600 mt/day of hot metal, the company said in a statement.


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