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SteelAsia was established in 1965 by Benito Yao and Go Kim Pah, the latter being the founder of Equitable Banking Corporation. [4] The company was founded as the Island Metal Manufacturing Corporation setting its first steel mill in Quezon City with the capacity of 30,000 tons per year. [5] In the 1980s, Benjamin Yao took over SteelAsia's ...
Bhilai Steel Plant is raising its capacity of steel production through modernization and new projects. The major upcoming project is the commissioning of a giant blast furnace 4,060 cubic meters in volume, with a hot metal production capacity of 8,000 tonnes per day.
The Ministry of Steel is an executive branch agency of the Government of India that is responsible for formulating all policies regarding steel production, distribution and pricing in India. [2] As of June 2024, the ministry is headed by a Secretary Rank IAS officer, who is its administrative head, while the political head is a minister of ...
As per worldsteel, India's crude steel production in 2018 was at 106.5 million tonnes (MT), 4.9% increase from 101.5 MT in 2017, which means that India overtook Japan as the world's second largest steel production country. Japan produced 104.3 MT in year 2018, decrease of 0.3% compared to year 2017.
Rashtriya Ispat Nigam Limited (RINL) is the government entity of Visakhapatnam Steel Plant (VSP), India's first shore-based integrated steel plant built with state-of-the-art technology. Visakhapatnam Steel Plant (VSP) is a 7.3 MTPA plant.
Bhilai is a major industrial and educational hub of central India. The city is home to several industries like Bhilai Steel Plant, Jaypee Cement, Orient Cement, NSPCL Bhilai Power Plant, Steel Authority of India, FSNL and ACC Cement. [5] The city is home to the Indian Institute of Technology Bhilai, as well as the Bhilai Institute of Technology.
Today, the government is stepping up the presence of industry as coincidentally, the infrastructural boom in the global markets has generated high demands for steel. To strengthen the century-old relationship between Odisha and Tata Steel , the company signed the MoU for its most ambitious steel project in Odisha on 17 November 2004.