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A steel mill or steelworks is an industrial plant for the manufacture of steel. It may be an integrated steel works carrying out all steps of steelmaking from smelting iron ore to rolled product, but may also describe plants where steel semi-finished casting products (blooms, ingots, slabs, billets) are made, from molten pig iron or from scrap.
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"One of the major reasons why spinning mills incur losses is the higher power tariffs in Maharashtra compared to other states. So we want to encourage spinning mills to set up solar power plants. It will reduce the power bills," the official added.