By IANS
Ranchi : Bokaro Steel Plant (BSL), the flagship unit of state-owned Steel Authority of India Ltd (SAIL), will set up a 1.2 million tonne cold rolling mill (CRM) at an investment of Rs.25 billion ($635 million).
SAIL’s board of directors Wednesday approved the project, Sanjay Tewary, chief of corporate communication of BSL, told IANS over telephone from Bokaro.
Cold rolling is a metal working process in which metal is deformed by passing it through rollers to increase its yield strength and hardness. The project will be completed by 2010.
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