[India's SAIL Approves Bhilai Steel Plant Capacity Expansion to 10.2 MTPA]

Published: Jul 27, 2026 11:24 (GMT+8)

Save

Indian state-run steelmaker Steel Authority of India Limited (SAIL) has formally approved a $3.22 billion expansion project for its Bhilai Steel Plant to enhance crude steel production capacity from 6.8 million tonnes per annum to 10.2 million tonnes. The Engineering, Procurement and Construction Management (EPCM) agreement, signed with MECON, aims to complete the project within 42 months to support India's National Steel Policy target of reaching 300 million tonnes of domestic capacity by 2030. All major raw materials required for the expanded operations will be sourced from SAIL's captive mines alongside domestic and import markets.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

35 mins ago

[Domestic Iron Ore Brief] Prices in west Liaoning may stay in the doldrums, but downside is limited

Iron ore concentrate prices in west Liaoning have declined notably, with current 66-grade iron ore concentrates priced at 650-660 yuan/mt. Most mines and beneficiation plants are in a state of shutdown, leaving overall supply relatively tight; however, steel mills are facing significant losses, and their overall desire to bargain down prices is relatively strong.

35 mins ago

1 hour ago

Changzhou steel mill ferromolybdenum tender price 341,920 yuan/mt

[Mo Express] SMM, October 10: A steel mill in Changzhou tendered for ferromolybdenum at a price of 341,920 yuan/mt, with a quantity of 66 mt.

1 hour ago

[SMM Analysis] Cold-rolled inventory saw month-end buildup in September, with October expected to rise first then fall

1 hour ago