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Mideast Integrated Steels plans expansion programme

MidEast Integrated Steel is planning to invest Rs. 10,000 million to expand its steel plant from 1.2 million tpa to 3.0 million tpa in Kalinganagar in Jajpur in Orissa. It will also build a railway siding with automation facility and has already commissioned a sinter plant. It may be noted, the company has recently completed a debt restructuring programme and is debt free.

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