Author: Manish Vasdev
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India: Shyam Metalics raises sponge iron production capacity by 20%
Eastern India-based Shyam SEL and Power, wholly-owned subsidiary of Shyam Metalics, has received Consent to Operate (CTO) for capacity expansion from the State Pollution Control Boards of Odisha and West Bengal. Having received approval for the CTO stage, the company announced a 20% increase in its sponge iron manufacturing capacity from 1.39 mn t to…