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Mesco Steel to start 1.2 mn tonne finished steel unit by 2015

Mideast Integrated Steel Ltd (MISL), a Mesco group company having an one million tonne pig iron plant at Kalinganagar in Jajpur district of Odisha, plans to upgrade the unit to a 1.2 million tonne finished steel product facility by the end of December 2014. “The company has begun upgrading its Kalinganagar plant into a fully integrated steel plant of 1.2 million tonne per annum (MTPA) capacity. With an investment of Rs 1,000 crore, a steel melting shop with rolling mill for rebar and wire rod is being set up,” said J K Singh, president of Mesco Group.