SAIL is mulling to set up a 10 million tpa steel plant in Jharkhand if it is given assurances of iron-ore supplies.

SAIL has stated that it is open to partnering with NMDC in setting up a steel plant in Karnataka, primarily catering to sectors like the automobile and consumer durables. NMDC has proposed setting up a five million tpa steel plant in a JV format. However, the proposal is still at a nascent stage.

According to sources, SAIL is expected to raise the overall capacity for value-added steel products to close to three million tpa in the next two years. The company is likely to commission 1.2 million tpa cold-rolled steel mill in Bokaro (Jharkhand) in mid-2011. Coupled with its present capacity at Rourkela and Bokaro Steel plants, the company's overall capacity to produce such items will be 2.7 million tpa.

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