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Rama Steel Tubes undertakes setting up of cold rolling mill and steel sheet galvanizing facility

05-Dec-23 13:36 Hrs IST

Rama Steel Tubes has initiated a strategic backward integration expansion to the tune of ~40,000 MTPA; at its plant located at Khopoli, Maharashtra.

The expansion is expected to be completed by the end of Q4 of FY25, post which commercial production will commence.

The company is setting up state of the art cold rolling mill and steel sheet galvanizing facility to cater the in house requirement of raw material.

The total Capex for this expansion will be ~Rs.30 crore and will be funded through internal accruals of the company.

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