What is the ramp up plans?
We have 450,000 MT of steel making facilities comprising of Electric Arc Furnace and Induction Furnace. EAF enable us to have better control over the quality which is very essential for special & alloy steel. Out of 450,000 Tonnes Per Annum (TPA), we can produce stainless steel up to 119,000 TPA depending upon demand from stainless steel sector. In Metaliks, we have sponge iron capacity of 270,000 TPA and pig iron/hot metal capacity of 214,000 TPA. Above facilities are well supported by rolling mill of 220,000 TPA, captive power plant of 34 MW and Ferro Alloy of 50,000 TPA. We are, currently, operating our steel making and metaliks facilities at around 80% which we plan to enhance to 90%-95%. We intend to enhance our steel volume to 350,000 TPA this year and around 400,000 TPA next year. Comment on your latest financials. What is the outlook? We have witnessed very uncertain and volatile business environment in last financial year. The big giants have fallen apart as result of the fina
