ArcelorMittal shortlists sites for Jharkhand steel plant

By IANS

Ranchi : ArcelorMittal has short-listed three places in Jharkhand — Torpa, Saraikela and Galudih — and will name the site of its proposed greenfield steel plant in a month, said a top company official.


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Malay Chatterjee, board member of ArcelorMittal, arrived here Thursday to participate in a trade fair organised by the state government on the eve of the seventh foundation day of the state.

“We have scrutinised three places and will announce the name of the site in a month,” Chatterjee told reporters here.

ArcelorMittal has already been allotted coal blocks in Jharkhand and the company is looking for suitable iron ore mines.

Chatterjee did not rule out the possibility of sharing the Chiria iron ore mines with Steel Authority of India Ltd.

He said: “The projects in both Jharkhand and Orissa are on our priority list and if we get land and iron ore mines, then we will start production within 18 months.”

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