more from india:
http://www.steelguru.com/raw_material_news/NMDC_eying_coal_mine_in_US_-_Report/207742.html
on what i assume to be steel alone:
Mr Som said the company had earmarked INR 3,200 crore for capacity expansion during the current fiscal of which INR 2,500 crore will be spent on its steel plant in Chhattisgarh. The production target for the current fiscal is 30 million tonnes.
if my maths are correct, thats 700 million USD on iron expansion.
exciting times for mak holders, page-7
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