NMDC Steel achieves 1st major production milestone of 1 MnT Hot Rolled Coil

https://psuwatch.com/ India 22-08-2024 Share NMDC Steel achieves 1st major production milestone of 1 MnT Hot Rolled Coil

New Delhi: NMDC Steel Limited (NSL) on Wednesday announced a landmark achievement in its production capabilities. The company reported that its ultra-modern, state-of-the-art plant successfully produced 1 million tonnes (MnT) of Hot Rolled Coil (HRC), reaching this milestone four days ahead of the first anniversary of the commencement of HR Coil production.

"This achievement underscores NSL's position as one of the fastest and most efficient plants in the industry, characterized by its remarkable spirit, performance, and cutting-edge technology," the company stated in an official release.

This significant accomplishment builds on NSL’s earlier successes in 2024. On July 21, the company achieved the production of 1.5 MnT of Hot Metal from its Blast Furnace, and on August 11, it produced 1 MnT of Liquid Steel from the Steel Making Shop (SMS). Both milestones were reached in less than a year from the commencement of production, setting new benchmarks for industry performance.

These achievements highlight NSL’s unwavering commitment to operational excellence and innovation. The company continues to push boundaries, aspiring to be a leader in the steel manufacturing sector, with a strong focus on efficiency, sustainability, and technological advancement.

The ultra-modern 3 MTPA steel plant, established with an investment of Rs 22,900 crore, houses one of the widest Hot Strip Mills in India. It is capable of rolling HR coils of 900 mm to 1650 mm in width and 1 mm to 16 mm in thickness.

Commenting on this achievement, Amitava Mukherjee, CMD (Additional Charge) of NMDC & NSL, said, “I am incredibly proud to share that NSL has reached this significant milestone early in its production journey. Achieving 1 MnT of Hot Rolled Coil (HRC) ahead of schedule is a testament to the dedication, expertise, and hard work of our entire team. This achievement not only sets a new standard within the PSU sector but also stands strong against industry benchmarks. We remain focused on sustaining this momentum and continuing to lead with quality and efficiency.”

Comments

You Need To Log In To Comment

Log In Now

Kamdhenu Commerz , 401 , 4TH FLOOR,

Sector 14, Kharghar, Navi Mumbai,

Maharashtra 410210

Company