electric arc furnace

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    Mesabi Metallics Secures $520M Financing for Minnesota Iron Ore Project

    New Delhi, March 31 Mesabi Metallics Company LLC, backed by the Essar Group, has secured a USD 520 million senior secured credit facility from funds managed by Breakwall Capital LP, as it moves forward with starting operations at its Minnesota iron ore project later this year.The financing...
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    Punjab Welcomes Sustainable Steel Production

    Ludhiana/New Delhi, March 20 Punjab Chief Minister Bhagwant Mann inaugurated Tata Steel's state-of-the-art scrap-based electric arc furnace, built with an investment of nearly Rs 3,200 crore, on Friday.Speaking on the occasion, Mann said the state government provides a conducive environment...
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    Tata Steel Invests Rs 3,200 Crore in Ludhiana Manufacturing Facility

    Chandigarh, February 23 Punjab Chief Minister Bhagwant Singh Mann said that Tata Steel will begin operations at its new manufacturing plant in Ludhiana from March, providing a major boost to industrial growth in the state.Mann said the project demonstrates the increasing confidence of the...
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