Credit rating agency, CRISIL has assigned ratings to credit facilities of Sunflag Iron & Steel Company. The rating agency has assigned ‘A-‘/stable rating to the company's long-term credit facilities and ‘A2+’ rating to short-term credit facilities.
Sunflag Iron and Steel is a prestigious unit of the Sunflag Group. It has set up a state-of-art integrated plant at Bhandara, India. The plant has a capacity to produce 360,000 tonnes per annum of high quality special steel using liquid pig iron and sponge iron as basic inputs.
