Record output from Sail’s Mahamaya BF
Sail owned blast furnace 8 or Mahamaya at its Bhilai Steel Plant recorded highest output of hot metal at 8,506mt on Jan 25 from the previous best on Jan 22 at 8,451mt. Mahamaya, which has an annual production capacity of 2.8mn mt commenced its operations in Feb 2018.
JSW Steel arm sells 39pc stake to Geo Steel JV
JSW Steel Netherland BV sold 39pc stake from its joint venture with Georgian Steel Group to Geo Steel , according to the local media.The company, previously held 49pc of stake in Geo Steel. Geo Steel is a producer of thermo mechanically treated construction steel rebars and plain bars.