India set to face higher HRC supply amid NMDC steel plant opening

The imminent opening of a blast furnace (BF)-based steel plant owned by Indian state-run mining company National Mineral Development Corp (NMDC) is expected to raise supplies of hot rolled coils (HRC) in some parts of the country, sources told Fastmarkets on Wednesday July 26.

NMDC’s Nagarnar Integrated Steel Plant (NISP), located in the forested central Indian state of Chhattisgarh, has already started trial production at its hot strip mill. Full commercial steelmaking operations at...


Lee Allen

July 27, 2023

03:17 GMT