Posted on 12 Aug 2015
Japan’s Mitsubishi plans to build new hot rolling mill in India
According to source released that Mitsubishi Corporation and Larsen and
Toubro reached an agreement with SAIL planned to build with an annual
production output of 3 million tons of new hot-rolled steel in India.
The new project invested approximately $400 million is located in
Eastern Orissa State, for producing billets into hot-rolled coil. The
new project is scheduled for completion early in 2018.
