The
imperatives of technology and organisation,are what determine
the future of economic society.
John Kenneth Galbraith
BSIL
is the first commercial sponge iron plant in India and is also
recognised as the most
efficient coal-based plant
in India. The plant is located at Umesh Nagar, Chandil, in district
Singhbhum, which is 30 kms from Jamshedpur. Chandil is a known
backward tribal area in the state of Bihar, where our unit produces
Sponge Iron from indigenous iron ore and non-coking coal available
abundantly in the vicinity.
The implementation of
this massive project started in June 1986 and was completed in
record time. The plant started commercial production in July 1989.
Sponge Iron is used as a raw material for making steel in electric
arc furnaces and induction furnaces, substituting and supplementing
indigenous and imported scrap.
