KalyaniGerdau Steels plans expansion in Andhra Pradesh
Kalyani Gerdau Steels, a JV formed between Kalyani Group and Brazil based steel major Gerdau, for setting up an alloy steel plant, has decided to expand capacity in Anantapur district in Andhra Pradesh. The expansion to cost Rs 250 crore comprises setting up a rolling mill, sintering plant and a 6 MW gas recycling power plant.