Larsen & Toubro (L&T) is set to establish a pellet and direct reduction of iron (DRI) plant in the MENA region. The project, for a leading steel player, involves designing, building, and constructing the facilities using advanced technologies, under L&T's Minerals & Metals business. View More

Larsen and Toubro (L&T) on Tuesday said it will set up a pellet and a direct reduction of iron plant (DRI) in the MENA region . The project will be set up as part of a major order bagged by a leading steel player earlier, L&T said in an exchange filing. Budget with ETTax calculator The scope of work includes design-build pellet and DRI plants encompassing engineering, supply, erection and construction works based on globally acclaimed technologies, the company said. The project will be set up by the Minerals & Metals (M&M) business vertical of L&T in the Middle East & North Africa (MENA) region. Pellets are iron ore concentrate which are used to manufacture steel. DRI is a steel-making process. (You can now subscribe to our Economic Times WhatsApp channel) (You can now subscribe to our Economic Times WhatsApp channel)