SOURCE: Industrial Info Resources

Industrial Info Resources

March 10, 2010 05:15 ET

India's Bhushan Steel to Invest $6.1 Billion in 6 Million-Ton Value-Added Steel Mill, an Industrial Info News Alert

BANGALORE, INDIA--(Marketwire - March 10, 2010) -  Researched by Industrial Info Resources (Sugar Land, Texas) -- Leading Indian manufacturer of auto-grade steel Bhushan Steel Limited (BSE: 500055) (New Delhi) plans to invest $6.1 billion to develop a value-added steel mill at Bellary in the southern Indian state of Karnataka. Company officials from Bhushan Steel told Industrial Info that the proposed mill will have the capacity to produce 6 million tons per year of hot-rolled coil.

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