Oct. 11, 2017 - Steel Authority of India Ltd. ( SAIL), has entered into a strategic agreement with POSCO for wide ranging technical services for SAIL’s IISCO Steel Plant (ISP) at Burnpur. SAIL-ISP, which has already completed its modernization and expansion, is ramping up production from its new facilities The 0.55-million tonne wire rod mill of SAIL-ISP shall soon be producing wire rods in special grades to meet both domestic and international requirements.
SAIL-ISP is in the process of ramping up output from its new facilities
Under the agreement, POSCO will provide technical supervising service including its know-how relating to operation and maintenance of coke-making, iron and steelmaking, continuous casting process, cold dust injection (CDI) operation and Wire-Rod mills. This agreement is a result of an earlier MoU on Technical Collaboration for Operational improvement and Human Resource Development which SAIL and POSCO had entered into in November, 2016.