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18/08/2008
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18/08/2008
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Offer Description - Sponge Iron
in the manufacture of various iron/ steel products such as TMT Bars, D. I. Pipes, etc.
Sponge Iron is a recognized alternative to steel scrap as a raw material for the manufacture of various steel products. The twin issues of rapid depletion of Coking Coal reserves and the scarcity of indigenous scrap, made the Government of India support production of sponge iron in the country. To boost the growth of the industry a major thrust was given by the Government of India by providing the manufacturers the following benefits: De- licensing, firm linkages, allocation of natural gas and financial support. This lead to an i mm ense growth of the sponge iron industry in India, from a meager capacity of 30, 000 tonnes per annum in the year 1980- 81 it grew to 7 million tonnes in 2001. Today, India ranks No. 1 globally in the production of Sponge Iron. We at Electrotherm have a complete inbuilt facility for production of sponge iron, which is further utilized in the manufacture of various iron/ steel products such as TMT Bars, D. I. Pipes, etc.