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British metals tycoon Sanjeev Gupta buys bankrupt steel plant in India

Updated : February 19, 2020 06:30 AM IST

Adhunik's plant in the eastern Indian state of Odisha, with a coal-fired blast furnace, an electric arc furnace and a power plant, has an annual capacity of 500,000 tonnes of crude steel.
Zion Steel is a rolling mill and the two units together have rolling capacity of 400,000 tonnes a year.
British metals tycoon Sanjeev Gupta buys bankrupt steel plant in India

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