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SAIL and John Cockerill India to Invest ₹6,000 Crore in Building Downstream Steel Plant

Writer's picture: SST SummitSST Summit
SAIL and John Cockerill India to Invest ₹6,000 Crore in Building Downstream Steel Plant
SAIL and John Cockerill India to Invest ₹6,000 Crore in Building Downstream Steel Plant

Steel Authority of India (SAIL) and John Cockerill India are joining forces to establish a cutting-edge downstream plant for cold-rolled grain-oriented (CRGO) and cold-rolled non-oriented (CRNO) electrical steel. The ambitious ₹6,000 crore project is slated to commence operations between 2027 and 2029, with a production target of 1.5 million tonnes per annum.


A Push for Green Steel and Innovation

The plant will utilize hot-rolled coils (HRCs) supplied by SAIL as its primary raw material. It is expected to be developed at one of SAIL's existing plants, further enhancing integration. This collaboration stems from the Memorandum of Understanding (MoU) signed in November 2022 between SAIL and John Cockerill India, emphasizing green steel technologies and innovation in carbon steel, green steel, and silicon steel.


As part of its sustainability focus, SAIL also plans to establish an electric arc furnace for green steel production. With the government defining green steel as having CO2 emissions of 2.2 tonnes or less per tonne of finished steel, this project aligns with the nation’s broader goals for reducing carbon emissions in the steel sector.


Both companies aim to deliver cost-effective, innovative solutions that could revolutionize the iron and steel industry in India, paving the way for a more sustainable and technologically advanced future.

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