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Jajpur's Jubilant Jump: Jindal Ferrous Forges Carbon Steel Foothold
Jindal Ferrous Limited has started up a new carbon steel plant at Jajpur in Odisha, India. The company invested about ₹5,000 crore, roughly $527 million. The plant can make 2.2 million metric tons of steel a year using a blast furnace, sinter plant & basic oxygen furnace. It uses advanced automation & recycles waste & gases to save energy & raw materials. Japan's JFE Steel is providing technical help to speed up the start. The project marks the Jindal Stainless group's first move into carbon steel.
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