Jharkhand's Steel Industry Forges Ahead: Mongia Steel Invests ₹122 Crore in Expansion

Mongia Steel Limited is set to expand its operations in Dandidih, Giridih, Jharkhand with a significant investment in its Induction Furnaces and Continuous Casting Machine (CCM) facilities. This expansion project is designed to boost the company's production capacity to 306,000 tons for the induction furnaces and 396,000 tons for the CCM, underlining Mongia Steel's commitment to growth and efficiency in the steel manufacturing sector.

Situated in Dandidih, Giridih, an area known for its rich mineral resources, the project benefits from strategic access to necessary raw materials, which aids in reducing transportation costs and streamlining production processes. This location advantage is pivotal in enhancing the competitiveness of Mongia Steel in the domestic and international markets.

The expansion focuses on integrating advanced technology in the induction furnaces and CCM, aimed at increasing productivity and improving the quality of the steel products. These technologies not only enhance operational efficiency but also contribute to environmental sustainability by reducing energy consumption and minimizing waste. Mongia Steel's investment in state-of-the-art technology exemplifies its dedication to maintaining industry leadership.

In addition to technological upgrades, the project emphasizes sustainability practices. Mongia Steel is committed to implementing eco-friendly processes that align with global environmental standards. This includes the adoption of waste management systems and the use of recycled materials, further establishing the company's role as a responsible manufacturer in the steel industry.

News by Rahul Yelligetti