{"id":108090,"date":"2023-08-25T14:54:25","date_gmt":"2023-08-25T09:24:25","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=108090"},"modified":"2023-08-25T14:54:27","modified_gmt":"2023-08-25T09:24:27","slug":"in-chhattisgarh-nmdc-steel-opened-a-steel-plant-with-a-3-mtpa-capacity","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/in-chhattisgarh-nmdc-steel-opened-a-steel-plant-with-a-3-mtpa-capacity\/","title":{"rendered":"In Chhattisgarh, NMDC Steel opened a steel plant with a 3 MTPA capacity"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-307313299\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>NMDC Steel Ltd on Thursday operationalised its 3 MTPA capacity steel plant at Nagarnar in Chhattisgarh built at a cost of about Rs 24,000 crore.<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-2705462062\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><p>&#8220;With today&#8217;s development, we emerge as the newest entrant in the domestic steel market and have put Bastar on the steel map,&#8221; NMDC Chairman and Managing Director (CMD) Amitava Mukherjee said.<\/p><p>The steel unit of NMDC was demerged and listed as a separate entity on the bourses as <strong><a href=\"https:\/\/portal.tradebrains.in\/stock\/NSLNISP\/standalone?standalone=true\" target=\"_blank\" rel=\"noreferrer noopener\">NMDC Steel Ltd<\/a><\/strong>.<\/p><p>The 3 Million Tonne Per Annum (MTPA) capacity steel plant has been built at a cost of approximately Rs 24,000 crore.<\/p><div class=\"trade-content_5\" id=\"trade-1633333290\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p>The plant has a competitive advantage with iron ore supply linkage with Bailadila mines, about 100 kilometres from Nagarnar, a statement said.<\/p><p>The product mix of the steel plant consists of low-carbon steel, High-Strength Low-Alloy Steel &amp; Phase Steel and API quality steel that can be rolled into a thickness range of 1 mm to 16 mm and used in the manufacture of LPG cylinders, bridges, steel structures, ships, large diameter pipes, storage tanks, boilers, and railway wagons.<\/p><p>The plant will also produce a special type of steel to be used in manufacturing generators, motors, transformers and automobiles at a later stage.<\/p><p>The mining and metals firm NMDC Ltd. It engages in the exploration and exploitation of a number of minerals, including beach sands, dolomite, gypsum, bentonite, magnesite, diamond, tin, tungsten, rock phosphate, and iron ore. The business runs mines in Donimalai, Karnataka, and Dantewada, Chhattisgarh.&nbsp;<\/p><div class=\"trade-after-content\" id=\"trade-3493431989\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>NMDC Steel Ltd on Thursday operationalised its 3 MTPA capacity steel plant at Nagarnar in Chhattisgarh built at a cost of about Rs 24,000 crore. &#8220;With today&#8217;s development, we emerge as the newest entrant in the domestic steel market and have put Bastar on the steel map,&#8221; NMDC Chairman and Managing Director (CMD) Amitava Mukherjee [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":22179,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[1696,31],"tags":[],"class_list":["post-108090","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-corporate-action","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - 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