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Stemcore Alloys and Ispat plans to expand steel plant at Farooqnagar

Stemcore Alloys and Ispat Ltd plans to expand steel plant at Farooqnagar in Mehaboobnagar district in Andhra Pradesh. The project involves expanding existing induction furnace from 12000 tpa capacity to 90000 tpa (by upgrading 4 TPH to 10 TPH) and upgrading re-rolling mill capacity from 30000 tpa to 90000 tpa . The project will entail an investment of Rs.80 million.

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