Open / Close Advertisement

Steel Minister Lays Foundation Stone for SAIL’s 5th Steel Processing Unit

The Steel Authority of India (SAIL) is to build a fifth Steel Processing Unit (SPU) at Billowa village in the Gwalior district of Madhya Pradesh. The foundation stone for the new unit was laid by Union Minister for Chemicals & Fertilisers and Steel Mr. Ram Vilas Paswan during a celebration held earlier this week.
 
The Gwalior Steel Processing Unit will produce 8 to 25 mm diameter thermo-mechanically treated (TMT) bars from billets supplied by SAIL's Bhilai Steel Plant (BSP). Built at a cost of around Rs 83 crore, the unit’s bar mill will have a capacity of 100,000 tonnes per annum. Other major facilities will include a pusher-type reheat furnace, mill trains, crop shear, TMT line,  cooling bed, dividing shear, cut-to-length and bundling & tying facilities for the TMT bars. The unit will also have warehousing facility. The entire project is expected to be completed in 18 months.
 
The new facility will be SAIL's third steel processing unit in Madhya Pradesh. A unit in the Hoshangabad district will produce angles, channels, beams/joists and TMT bars is being set up with an investment of around Rs. 154 crore, while the other unit, which is being constructed at Ujjain with an investment of around Rs 100 crore, will produce 8 to 25 mm diameter TMT bars. 
 
SAIL's first steel processing unit, which is being developed at Betiah in Bihar at a cost of around Rs. 236 crore, will have the capacity to produce 265,000 tonnes of TMT bars and pipes. Another processing unit at Mahnar in Bihar is being set up in two phases at a cost of Rs. 265 crore; it will produce black and galvanized tubes as well as TMT bars, and will also have coil cutting and corrugation facilities.
 
SAIL has planned to set up 9 steel processing units in 6 states where it does not have any production facility to meet the market demand for tailor-made steel products and to help increase per capita steel consumption in rural areas. The steel processing units will use products produced by SAIL's main integrated steel plants such as hot rolled coils, billets and TMT bars to manufacture a wide variety of steel items.