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SAIL Targets Iron Ore Capacity of 58 Million Tons by 2020

SAIL Targets Iron Ore Capacity of 58 Million Tons by 2020

JOHANNESBURG--November 22, 2013--Written by Richard Finlayson, Senior International Editor for Industrial Info Resources (Sugar Land, Texas)--Consistent with the expansion of its steelmaking capacity, India's state-owned Steel Authority of India Limited (LSE:SAUD) (SAIL) (New Delhi) is planning to raise its iron ore production capacity to 43 million tons per annum by 2015-16. The current capacity is 28 million tons.

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