India’s largest steel mill to get larger yet

The chair of Mumbai-based steelmaker JSW has stated the company plans to keep investing in its Vijayanagar, India, integrated steel complex to be able to produce 18 million metric tons per year by early next decade. The plant, which JSW calls India’s largest, currently has output capacity of 12 million metric tons per year.

An online article from the Times of India quotes JSW Managing Director Saijan Jindal as saying the firm, which is currently expanding its complex in the state of Karnataka to be able to produce 13 million metric tons per year, will continue investing until the mill can reach 18 million metric tons of output annually.

Another of JSW’s plants, in Dolvi, India, nearer to Mumbai, is slated to expand from 5 million metric tons of capacity to 10 million metric tons by March 2020, according to another JSW executive quoted by the newspaper.

JSW also has been investing in United States steelmaking, in that case in the electric arc furnace (EAF) steelmaking sector.

In June 2018, the company announced its intention to invest $500 million to restart a 1.5 million-tons-per-year EAF mill it had acquired in the U.S. state of Ohio, and in March 2018 it announced plans to invest $300 million to expand a steel pipe mill it owns in the state of Texas.