Current Date: 23 Nov, 2024

Iskco Forges Ahead: 195 Crore Sponge Iron Project Transforms Raipur's Steel Landscape

Iskco Iron & Steel Private Limited embarks on a transformative journey with its Sponge Iron Project at Nakti Khapri, Raipur, Chhattisgarh, marking a substantial investment of 195 Crores. This project underscores the company's commitment to bolstering India's steel production capacity and contributing to the nation's industrial growth.

Situated in Nakti Khapri, Raipur, Chhattisgarh, the project benefits from the region's rich mineral resources and well-developed infrastructure. Iskco Iron & Steel leverages this strategic location to establish a state-of-the-art facility capable of producing 132,000 tonnes of sponge iron annually.

With a focus on sponge iron production, the project aims to cater to the burgeoning demand for steel in diverse sectors such as construction, automotive, and manufacturing. Iskco Iron & Steel's investment underscores its confidence in the long-term viability and growth prospects of the steel industry in India.

In addition to sponge iron, the project includes the production of hot billets, MS billets, and ingots, further diversifying Iskco Iron & Steel's product portfolio. This integrated approach enhances the company's competitiveness and strengthens its position in the steel manufacturing value chain.

News by Rahul Yelligetti

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Source : Projxnews