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Fortran Steel Envisions Utilizing 100% Plant Capacity by 2025

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Fortran Steel Private Limited was conceived in 1991 to manufacture a wide array of hot rolled and structural steel products. The company’s wire plant produces hard bright wire, HHB wire, annealed wires, galvanized wires, alloy steel wires, MS flat wires and others. Whereas, the company’s rolling mills produce round bars,......
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Rungta Mines Commissions Wire Rod mill at Chaliyama Steel Plant, Jharkhand

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The new Rungta wire rods mill will not only augment the product range but also serve their customers in a better way with a wide product array. January 20, 2023 Rungta Mines Ltd., India’s leading player in steel manufacturing and mining, has announced the commissioning of Rungta Steel Wire Rods......
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Bekaert: Transformation Driven by the Megatrends

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Bekaert is the global leader in steel wire transformation and coating technologies with a 140-year history of providing innovative products and solutions across diverse end markets. In addition to its strong core business activities based on steel wire solutions for industries including tire & automotive, energy & utilities, infrastructure &......
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Tata Steel’s Board Gives a Nod to Proposed Integration Plan of its Subsidiaries

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The integration of the subsidiaries is aimed at enabling growth in value-added segments and is also aligned with Tata Steel’s long-term growth plans. October 27, 2022 Tata Steel Ltd’s Board of Directors has approved and considered the proposed merger of seven of its subsidiaries with itself. The decision regarding the......
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DEM Takes Wire Technology Further

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Mr. Rahul Jha, Technical Consultant – Sales and After Sales, DEM S.p.A., talks about the machinery and solutions for wire and cable industry. DEM Group provides equipment for the production of shapes made in steel, copper or aluminium; for the fabrication of cold rolled or stretched reinforcing wire; for the......
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Bekaert: Bringing in Digitalisation and CO2 Reduction to Create Enhanced Customer Experience

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Mr. Srikanth Chakravarthy, Vice President Global Strategy – RR, Managing Director India, Bekaert, walks us through the quality-related developments, steps to foster innovations and the future roadmap. “We recently received the ‘Tire Manufacturing Innovation of the Year Award’ for BeCoFree, a solution that allows tire makers to remove cobalt completely......
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Isinox Metaltec Pvt. Ltd. Introduces a Range of Aluminium Alloys

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Isinox Metaltec Pvt. Ltd. India has developed a range of aluminium alloys for various applications in the wire & cable and welding industries. SPECIALITY ALLOYS 5XXX Series Aluminium Alloy The 5XXX series are aluminium-magnesium alloys that have moderate to high strength, non-heat-treatable alloys that are strain hardenable, readily weldable, and......
Special Feature

9.2 Percent GDP Growth is Commendable

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Mr. V.R. Sharma, Managing Director, Jindal Steel & Power Ltd., states, “Coal gasification, coal to the liquid initiative, and the date of manufacturing for claiming the 15 percent concessional income tax rate on greenfield projects is extended till 31 March 2024 by the government are appreciated highly.” I am delighted......
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A Push for CAPEX and Productivity Improvement, with Attention to Infra and Export Promotion

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About the Budget for FY 2022-23, Mr. Srikanth Chakravarthy, Managing Director, Bekaert Industries Pvt. Ltd., asserts, “A forecast of 9.2 percent GDP is very promising and makes India an interesting investment destination”. I believe the 2022 Budget continues the path of priorities the government has focussed on in the last......
Special Feature

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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