Aloke Steel Industries is planning to expand its steel production facilities in Budhakhap in Karma P.O. in Ramgarh district of Jharkhand. The project involves setting up of 3 x 12 T induction furnace, a 2 strand billet caster, rolling mill unit of 90000 tpa, a captive power plant of 18 MW. The project cost is estimated at Rs. 1695 million. It may be noted, a DRI plant with 120000 tpa is operational at the existing premises.
As of February 2018, the project is in planning stage
Company Profile : Aloke Steel Industries Pvt Ltd