Demand for steel plates is expected to go up following as two new LPG bottling plant have been inaugurated by the government in Banka and East Champaran in Bihar on September 13. Steel Authority of India Limited (Sail), Jindal Steel and Power Limited (JSPL) and ArcelorMittal Nippon Steel (AMNS India) are the major companies that produce steel plates in India (details in table below).
Another key petroleum projects, the Durgapur-Banka section of the Paradip-Haldia-Durgapur Pipeline augmentation Project in Bihar was also inaugurated.
In FY 2019-20, Sail supplied 5,300mt (above 20mm thickness) and 5,100mt (10-20mm thickness) of special boiler quality plates from Bhilai to domestic oil majors IOCL and BPCL, respectively, latest update on Sail website.
Indian primary mills’ existing plate capacity:
|Company||Particulars||Existing Capacity (per annum)||Location|
|SAIL||Plate mill||0.95mn mt||Bhilai (Chhattisgarh)|
|Old plate mill||299,000mt||Rourkela (Odisha)|
|New plate mill||1mn mt||Rourkela (Odisha)|
|JSPL||Plate mill||1mn mt||Raigarh (Chhattisgarh)|
|Plate mill||1.2mn mt||Angul (Odisha)|
|AM/NS India||Plate mill||1.5mn mt||Hazira (Gujarat)|