Scan Steels Board Discusses ₹850 Crore Steel Expansion Plan

Scan Steels approved an ₹850 crore expansion to scale finished steel capacity to 7.5 LTPA and EBITDA to ₹575 crore by FY31. Funded by a ₹500 crore fresh equity raise and internal accruals, projects include a 12 LTPA pellet plant and 50 MW captive power.