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Tuesday, 28 February 2017

Recently commissioned, Tata Steel’s Ferro Chrome plant at Gopalpur Industrial Park in Ganjam District of Odisha, has achieved a milestone with first ever production of ferro chrome on February 25, 2017.Chromite briquettes used in making ferro chrome have been produced by the briquetting plant at the ferro chrome plant complex.

Tata Steel’s Gopalpur Industrial Park, the 542 crore ferro-chrome plant, has an installed capacity of 55000 tonne per annum(TPA). Apart from the plant at Gopalpur, Tata Steel has 2 other ferro chrome plants in Odisha and  Cuttack. 

Tata Steel Ltd is currently trading at Rs 483, up by Rs 2.15 or 0.45% from its previous closing of Rs 480.85 on the BSE. The scrip opened at Rs 481 and has touched a high and low of Rs 485.5 and Rs 480.85 respectively. So far 2662771(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs 46700.89 crore.

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