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Tata Steel to acquire SFML's ferro alloy assets in Odisha for Rs 155 cr

 30 Mar 08:49 PM

SFML has two 16.5 MVA furnaces with annual production capacity of 53 kilo tonne per annum (KTPA) located at Balasore, Odisha. The acquisition will provide an inorganic growth opportunity for Tata Steel Limited to augment its ferro alloys processing capacities.