Mideast Integrated Steel Ltd (MISL), a Mesco group company having an one million tonne pig iron plant at Kalinganagar in Jajpur district of Odisha, plans to upgrade the unit to a 1.2 million tonne finished steel product facility by the end of December 2014.
“The company has begun upgrading its Kalinganagar plant into a fully integrated steel plant of 1.2 million tonne per annum (MTPA) capacity. With an investment of Rs 1,000 crore, a steel melting shop with rolling mill for rebar and wire rod is being set up,” said J K Singh, president of Mesco Group.