Indian Commissions of LMEL New Sponge Iron Plant in Maharashtra

India's Lloyds Metal and Energy Limited (LMEL) has ordered a 360,000-ton annualized capacity iron plant from Gugusa in the western state of Maharashtra, the company said on Monday, September 1.

stated that the first two furnaces were released, and the operation was heated in the delivered manner. A turnkey basis for Lloyds Engineering Works Limited.

The plant marks the third main enterprise leading the company during the current fiscal year, after the recently opened 85-kilometer pipeline and 4 million tons per year.

The Ugara block is strategically positioned to support the captive use of the company's mined iron ore and strengthen its integrated steel value chain, the statement said.