Steel

These include : POSCO (Pohang Steel Company), 5th largest steel producer in the world, signed an MoU with Government of Orissa to set up a 12 MT integrated steel plant at Paradeep with an investment of Rs.51,000 crores. Arcellor-Mittal, world's largest steel producer signed an MoU with Government of Orissa to set up a 12 MT integrated steel project at Patna in Keonjhar District with an investment of Rs.40,000 crores. Tata Steel , India 's largest private steel maker plans to develop a 6 MT steel plant at Duburi with an investment of Rs. 15,400 crores. Vedanta Resources Plc plans to set up a 5 MT steel plant in Keonjhar district of Orissa at an approximate cost of Rs. 12500 crores. Essar Steel Plans to set up a Greenfield steel plant in Orissa with a capacity of 4 MT with a likely investment of over Rs. 6846 crores. Jindal Stainless Ltd. is setting up a Greenfield stainless steel complex in Jajpur district with an investment of around Rs. 1612 crores.