JSW Steel’s Dolvi Steel Plant Expansion To Be Completed Soon
The expansion comprises of installation of a 4.5 mtpa blast furnace, along with a steel melt shop and hot strip mill, each of 5 mtpa capacities.
SEATTLE (Scrap Monster): The expansion works at JSW Steel’s Dolvi Works plant is expected to be completed by March next year.
The steel plant in that state of Maharashtra in western India has a production capacity of 5 million tonnes per annum (mtpa). The investment of approximately INR 15,000 crore is aimed at doubling the plant’s capacity to nearly 10 mtpa, said Jayant Acharya, Director-Commercial Marketing and Corporate Strategy, JSW Steel.
The expansion works were affected by the outbreak of the Covid-19 pandemic. The company was forced to suspend works, on account of multiple reasons including workplace and travel restrictions. It had received government approval to restart the works only towards end-April this year. The expansion works would have completed earlier than this, except for the Covid-19-induced delay.
ALSO READ:
JSW Steel USA to Ramp Up Mingo Junction and Baytown Mills
Fitch Ratings Foresees Contraction in Indian Steel Demand in FY21
The expansion comprises of installation of a 4.5 mtpa blast furnace, along with a steel melt shop and hot strip mill, each of 5 mtpa capacities. In addition, the plant will have an 8 mtpa pellet plant and four kilns of lime calcinations plants and a captive plant. The completion of the expansion project will lift JSW Steel’s total steelmaking capacity to 23.1 mtpa.
The company press release stated that almost 95% work in connection with the expansion project has been completed already.
- Clark County Implemented New Rules to Combat Scrap Metal Theft
- Nevada King Commenced Phase 3 Drill Program at Atlanta Gold Mine Project
- New Sustainability Survey: Companies Report Progress While Public Demands Faster Action
- November 19, 2024: Scrap Gold, Silver and Platinum Prices Continued to Rise on the Index
Scrap Metal Prices
Copper Scrap | ||
Alternator | 0.39 | $US/Lb |
#1 Copper Bare Bright | 4.03 | $US/Lb |
Aluminum Scrap | ||
356 Aluminum Wheels (Clean) | 0.75 | $US/Lb |
6061 Extrusions | 0.65 | $US/Lb |
Steel Scrap | ||
#1 Bundle | 360.00 | $US/MT |
#1 Busheling | 380.00 | $US/MT |
Electronics Scrap |