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Tag : Steel Industry

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Synergy Steels: Expanding Value- Added Products Range to Cater to Evolving Market Demands

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Synergy Steels Limited is one of the leading and most trusted stainless steel companies in the country. The company offers a range of high-quality value-added stainless steel long products, catering to various industries and applications. Their latest product, the stainless steel rebar, is an ideal choice for infrastructure and construction......
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Nirmal Wires’ R&D and Product Portfolio Expansion to Enhance Efficiency and Capacity

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Originating in the year 1981, Nirmal Wires (P) Ltd. is one of well-renowned names in the industry which is fulfilling the requirements of high-quality industrial products. Nirmal Wires’ product range consists of GI wires, welding electrodes, aluminum conductors, galvanized stranded wires, galvanized steel wires, high carbon steel wire, deformed steel......
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Mukand Improves Steel Products’ Quality Through Silicon Metal Usage in EOF Tapping

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Registered in 1937, Mukand Limited started operations as a ‘re-rolling mill’ and a foundry. Today, the company is one of the leading manufacturers of steel and stainless steel long products and heavy engineering equipment. Mukand has manufacturing capabilities to produce more than 400 grades. Mukand recently used silicon metal during......
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Miki Wire Works Introduces “Green Route” for High Carbon Wire, Now an Industry Practice

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Miki Wire Works Private Limited is a trusted name in the steel wire industry, with a vision to adapt their processed product line to keep pace with new concepts and products. The company’s manufacturing units are present in four locations, with their mother plant in Ranchi, Jharkhand, and the rest......
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Prestress Steel to Establish Cold Ribbed Manufacturing Plant with 20,000 TPA Production Capacity in Silvassa

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Prestress Steel LLP, a member of Gita Group, is a manufacturer of top quality medium and high carbon steel wires for Infrastructure, power, automobiles and general engineering sectors, since 1994. The company currently operates 4 strategically located plants across India in Silvassa, Bajpur and Bangalore respectively; delivering an output exceeding......
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Steel Industry Welcomes Announcement to Extend Zero Percent Basic Customs Duty on Scrap

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Mr. A.M. Kulkarni, President, Mukand Ltd., says, “Currently, steel prices are on the higher side and so this will not affect the domestic industry, however, when global steel prices start to slide, the domestic industry will be hit with imports at unfair prices”. The steel industry welcomes the announcement to......
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Special Emphasis on Technology Adoption and Entrepreneurship

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Sharing his outlook on the Union Budget for FY 2022-23, Mr. Ashwani Gupta, Director, Vividh Wires Ltd., says, “GOI’s commitment to investing in infrastructure should ensure a steady demand for the steel industry as a whole.” Union Budget 2022-23 has placed a special emphasis on technology adoption and entrepreneurship with......
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Steeling the Show: Government Schemes Pave Way for Steel Wire Market

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The growth prospects of the steel wire industry depend on the fortune of the primary steel industry which looks quite promising. Over the years, steel has contributed immensely to the development of the Indian economy. The sector contributes around 2 percent of the country’s GDP and employs around 25 lakh......
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Global Wires India–Tata Steel: Steel Industry is Bouncing Back

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“From Gogte Steel Amalgamation in 1979 to a subsidiary of Tata Steel and subsequently, to become a division of Tata Steel in 2002, GWI has come a long way.” A division of Tata Steel Ltd., Global Wires India (GWI) is one of the largest steel wire manufacturers in the world......
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Jindal Steel and Power: Indian Steel Sector Scripting a Strong Growth Story

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“We plan to produce around 12.6 million tonnes of steel in FY24. To achieve this objective, we have earmarked an outlay of INR 18,000 crore to be utilised for the expansion projects.” Founded four decades ago – in 1979, Jindal Steel and Power Ltd. (JSPL Group) is an Indian steel......
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