February 12, 2026 03:25 am (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
Bangladesh poll manifestos mirror India’s welfare schemes as BNP, Jamaat bet big on women, freebies | Drama ends: Pakistan makes U-turn on India boycott, to play T20 World Cup clash as per schedule | ‘Won’t allow any impediment in SIR’: Supreme Court pulls up Mamata govt over delay in sharing officers’ details | India-US trade deal: ‘Negotiations always two-way’, says Amul MD amid farmers’ concerns | Khamenei breaks 37-year-old ritual for first time amid escalating Iran-US tensions | India must push for energy independence amid global uncertainty: Vedanta chairman Anil Agarwal | Kanpur horror: Lamborghini driven by businessman’s son rams vehicles, injures six | ‘Namaste Trump beat Howdy Modi’: Congress slams PM Over India-US trade deal | Historic India-US trade pact: Tariffs cut, $500B market opportunity unlocked! | Big call from RBI: Repo rate stays at 5.25%, neutral stance continues

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