Tata Steel-Nippon Steel & Sumitomo JV inaugurates auto steel line at Jamshedpur

By admin September 22, 2014 12:22 pm IST

 Jamshedpur Continuous Annealing and Processing Company Pvt. Ltd. (JCAPCPL), a 51:49 joint venture company between Nippon Steel & Sumitomo Metal Corporation (NSSMC) and Tata Steel, inaugurated a new Rs 2,750 crore advanced auto steel facility.
The new facility, the country’s first Continuous Annealing & Processing Line (CAPL) for manufacturing ‘Automotive Grade Continuous Annealed Products’, was inaugurated inside Tata Steel’s Jamshedpur Works.
The unit will produce 600,000 tonnes per annum of high-quality cold rolled sheets exclusively for the automotive industry, including outer panels and high tensile sheets. While Tata Steel has developed the infrastructure for the project, NSSMC has provided the equipment and state-of-the-art technology.

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