Arcelor-Mittal plans to speed-up its plan in Orissa
Arcelor Mittal, Iron Ore, Keonjhar, Steel July 31st. 2007, 7:39pmHindustan Times and others report on this. Following are some excerpts from the Hindustan Times report.
Steel baron Lakshmi Mittal’s global giant Arcelor Mittal is planning to advance the construction at its 10 million tonnes (MT) Orissa plant and hopes to begin initial construction by mid-2008, as against the earlier date of 2009. …
The first phase of Arcelor Mittal’s plant in Orissa, with a capacity of six million tonnes, is likely to be commissioned by 2011.
The company has appointed Dastur & Co to carry out a detailed project report and environment management plan for the two sites, which are currently underway. Chief Executive Officer of Mittal Steel India Ltd, Sanak Mishra, said that major construction work in the site will be taken up in 2009 and the company has finalised the product mix of the proposed plant for both long and flat products.