India’s Kirloskar to acquire, expand pig iron plant

The Kirloskar Ferrous Industries board of directors has granted in principle approval for the acquisition of pig iron producer VSL Steels for not more than INR 135 crores ($18.3 million). Kirloskar plans to expand VSL’s pig iron production capacity to 541,000 tonnes/year from 391,400 t/y.

Read more at India’s Kirloskar to acquire, expand pig iron plant.

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