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SAIL-BSP Gets License for IS 7904 HC38 & HC80 Grade Steel Wire Rod Production

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Bhilai Steel Plant has recently received the license for production of a full range of IS 7904 Grade steel rod wires. The High Carbon IS 7904 HC38 & HC 80 grade steel wire rod is high value-added steel developed through SMS 3 – WRM route, and used in bridge cables,......
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Van Merksteijn to Build New Steel Wire Rod Mill in the Netherlands by 2024

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After obtaining the required environmental approval, the wire producer has resumed its plans to build the wire rod plant in Eemshaven, the Netherlands. The estimated investment is EUR 300 million. January 24, 2022 Netherlands-based wire products supplier Van Merksteijn International (VMI) has announced its plans to build a new Greenfield......
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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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Rashtriya Ispat Nigam Floats Export Tender for 12000 MT Wire Rod

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Rashtriya Ispat Nigam Limited, also known as Vizag Steel, is a government-owned steel producer based in Visakhapatnam, India. July 20, 2021 The State-run steel producer — Rashtriya Ispat Nigam Limited (RINL) has floated an export offer sale for 12000 MT wire rod (5.5-6.5mm) through tendering route. The ocean export e-tender......
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Jindal to Invest INR 7500 Crore to Set Up 2.25 Million Tonnes Capacity Steel Plant in Nellore

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Jindal Steel Andhra Limited has proposed to set up the plant for manufacturing of TMT bars and wire rods. July 16, 2021 Jindal Steel Andhra Limited, part of OP Jindal Group, has been allotted 860 acres of land in Thamminapatnam of SPSR Nellore district of Andhra Pradesh to set up......
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Bansal Wires Industries Ltd.: Right Steel Pricing Mechanism by the Govt. Critical to Steel Wire Industry’s Growth

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With the present volume of 200,000 tonne per annum, Bansal Wire Industries Ltd. is ready to expand it by 50 percent and mulling over to add some niche steel wire products that are hitherto imported from China. Bansal Wire Industries Ltd. is well-identified for catering to varied industries with an......
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US sets Preliminary Dumping Rates on China’s Steel Wire Rod

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September 5, 2014 The US Commerce Department has set preliminary dumping rates on imported steel wire rod from China, signaling that it may impose punitive duties on the products. The department made its preliminary affirmative determination that carbon and certain alloy steel wire rod from China has been sold in......
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