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Salem Steel Plant

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Through Steel mill and Bengaluru

History

On 15 May 1972, the Government of India decided to set up a steel plant at Salem for the production of steel and strips of electrical, stainless and other special and mild steel. The construction started on 13 June 1972, after inauguration by then Minister of Steel and Mines Mohan Kumara Mangalam. The cost of first phase of the project was ₹181.19 crore (US$22 million). It brought the latest technology in cold rolling to India at the time. The initial production capacity was 32,000 tones per annum (cold rolled stainless steel strips and wide sheets).

Later on 26 March 1991, the second phase at a cost of ₹76.27 crore (US$9.1 million) was realized, increasing production capacity to 70,000 tones per annum. On 24 December 1993, a blanking line was commissioned with a capacity of 3600 tones Bar stock blanks per annum. This was the first such facility to be established in India.

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