Vedanta looks to focus on long product steel with upcoming capacity

Firm will enhance facilities to high carbon electrical steel, other value added products. It is working to double capacity to 3 million tonnes for which it has invested Rs 3,000 crore

Vedanta Ltd, the newest player in the integrated steel business, plans to focus on long products and ductile iron products for its brownfield expansion of 5 million tonnes. It would further enhance facilities to high carbon electrical steel and other value added products. “In the first phase we are working to build capacity to 3 million tonnes (capacity from 1.5 million tonnes now) and have invested Rs 3,000 crore for the same. In the second phase, we will be taking the capacity to 5 million tonnes,” Sauvick Mazumdar, chief executive officer at iron and steel business, Vedanta Limited, told Business