Home > Metallurgy > Tata Steel plans ferroalloys plant, bar mill at Gopalpur

Tata Steel plans ferroalloys plant, bar mill at Gopalpur

Tata Steel proposes to set up a ferroalloys plant and a bar mill in the Gopalpur SEZ coming up in Orissa.

The company is likely to utilise 3,200 acre of land of the Gopalpur SEZ and proposes to set up a 50,000 tpa ferroalloys plant (costing About Rs 250 crore) and 40,000 tpa bar mill (Rs 750 crore) there. The projects are estimated to cost about Rs 1,000 crore.

Naveen Patnaik, Chief Minister of Orissa, is likely to lay the foundation stone of the projects on 20 August 2010.

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Categories: Metallurgy
  1. December 2, 2011 at 1:40 PM

    Swindlers have appeared on the metal market of China. Be careful! I want to share a very interesting article about criminals who are turning up in metal markets on Alibaba.com. Unfortunately, in our line of work, we see these incidences of fraud and similar scams on a regular basis.

    The current issue of criminal swindlers on Alibaba.com involves those operating on behalf of Tianjin Jianghailong Steel Co., Ltd. ( http://www.cnhtlt.cn, http://www.tjjhl.com ).Their gang is engaged in theft and fraud on the market of steel products in China.

    An extensive advertising campaign on the Internet adds credibility to the fraudsters, which is done by placing ads on Alibaba.com where Tianjin Jianghailong Steel Co., Ltd. publishes its products. It also refers to the Gold Supplier, 4th year, which adds confidence in that supplier.

    The process begins when the swindlers offer their customers a metal at an affordable price. Money is then required to be transferred in advance at the rate of 30% as a prepayment. There is a 70% discount on loading the goods on board the ship and a variety of different tricks to make sure that work is only done when there is prepayment.

    These criminals operate fraudulently in the metal market. Some of them have been around for years, allowing them the opportunity to perfect their craft. The way they are able to lure customers in and have them fall for the fraud is they offer the product at an extremely cheap price. This is such a lure that even managers experienced with purchasing fall for the trick. These criminals will be caught eventually, but until this time it is important that you only send money to firms which you know to have been working in metal for a long time. I do hope that the time you’ve spent reading this article will prevent you from falling victim to an act of fraud carried out by these criminals.

    If you are a victim of Tianjin Jianghailong Steel Co., Ltd., you should contact the Economic and Financial Crimes Commission Republic of China, or contact us via info@galvamet.md

  2. prashant k panda
    December 11, 2011 at 11:01 AM

    is it not de horse the law

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