Bihar Sponge Iron Limited Enters Agreement with Amalgam Steel & Power Limited to Resume Operations
Bihar Sponge Iron Limited announced on March 26, 2026, that it has entered into a Facility User Agreement with Amalgam Steel & Power Limited. The agreement, dated March 23, 2026, is intended to facilitate the resumption of operations at the company’s Sponge Iron Plant and railway siding in Jharkhand.The move follows the termination of a previous Facility User Agreement with Vanraj Steels Private Limited and others. The company had previously announced a temporary suspension of operations at the plant by Vanraj Steels Private Limited on February 7 and February 10, 2026. The new agreement with Amalgam Steel & Power Limited is expected to...