June 27, 2026 08:45 pm (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
Fresh paper leak rocks India: Maharashtra TET postponed a day before exam, over 4 lakh aspirants affected | Pune fort murder case: Siya Goyal's brother says family would have called off marriage if she had objected | Donald Trump gets a road named after him in India, says 'Thank You!' | Fresh setback for Gautam Adani? US judge asks DoJ to justify dropping criminal charges | Ram Mandir Trust chief Champat Rai resigns as alleged donation siphoning row escalates | Ram Mandir fund row deepens: 8 arrested days after BJP called allegations 'false narrative' | 'Who tied the hands of CBI?': Calcutta HC on RG Kar case; victim's mother, now BJP MLA, says she is 'deeply disturbed' | Construction comes to a standstill at nearly 700 Kolkata projects after Taratala warehouse tragedy kills 15 | World Cup shocker! Ecuador stun Germany 2-1, storm into Round of 32 | Iran-US conflict: Cargo vessel hit near Strait of Hormuz, UN agency pauses evacuation operations

Odisha emerges as India's steel hub, contributing 25% of national production

| @indiablooms | Oct 23, 2024, at 05:16 am

Bhubaneswar: Odisha has emerged as the country's steel manufacturing hub with Odisha accounting for 25% of the India’s total steel production, according to MD and CEO of mjunction services Ltd Vinaya Varma.

Speaking at Steel Markets Conference organized by mjunction at Bhubaneswar, Varma said, "Odisha accounts for 25% of the India’s total steel production and is fast emerging as the 'steel Hub' of India."

The theme of the two-day event was “Connecting the Dots for a Sustainable Future,” with special focus on Iron ore, Pellets, Scrap and DRI sectors.

Not only finished steel, Odisha is also taking major strides in iron ore supplies.

Vivek Nishant Nath, GM (Sales and Marketing), Odisha Mining Corp said, “Odisha has emerged as the biggest iron ore dispatching company in the country surpassing NMDC Ltd as of now, supplying 23 million tons till September of the current financial year.”

For full year FY25, OMC is planning to dispatch more than 40 million tons, he added.

“Tata Steel has recently commissioned India's largest blast furnace at its Kalinganagar facility in Odisha”, Rajiv Kumar, VP, Operations, Tata Steel Kalinganagar, said, adding that the facility is extensively implementing robotics, data and vision analytics to improve safety and productivity.

According to Manish Singla, Practice Leader, Energy and Commodities, Consulting, CRISIL, “Of the 120 million tons of steel capacity coming up in the country, majority is coming up in Odisha. Also, 66% of this capacity is through the Blast Furnace route”, he said.

Significant capacity addition is happening after years of consumption growth outpacing steel production growth, and this has led to capacity utilization levels going up, he said.

The conference concluded on Tuesday with some key sessions on logistics infrastructure and sourcing strategies. 

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.
Related Videos
RBI announces repo rate cut Jun 06, 2025, at 10:51 am
FM Nirmala Sitharaman presents Budget 2025 Feb 01, 2025, at 03:45 pm
Nirmala Sitharaman on Budget 2024 Jul 23, 2024, at 09:30 pm