NEW DELHI (Commodity Online): The major steel producers in India are likely to add about 30 million ton per annum new capacity by 2013.
These include JSW steel, SAIL, RINL, JSPL, Essar Steel, TATA steel and others. The state runs steel authority India Limited (SAIL) to add about 8.14 million ton capacity by 2013 said Beni Prasad Verma , Steel minister. Also Rashtriya Ispat Nigam Limited (RINL) which is another state run company is to add 3.4 million tons capacity.
JSW Steel's capacity will increase by 4.6 million ton which also includes the Ispat Industries, acquired by the company last year.
Ruias' firm Essar Steel may add 4.9 million ton capacity by 2012-13, while Tata Steel's total production capacity would increase by 3.2 million ton. The Jindal Steel and Power (JSPL) will increase its capacity by 2.6 million ton, while another major company Bhushan Steel will increase capacity by 3 million ton, the minister Added.
Mean while the total iron ore exports of the country has shown a decline of 17.26% at 97.11 million ton.
