Gyscoal Alloys’ Wholly owned Subsidiary -- Thai-Indo Steel Company, Thailand -- has been dissolved voluntarily. Thai-Indo Steel Company was not in operation for several years, due to pending approval from government/Statutory authorities for commencing business Operations.
Gyscoal Alloys (GAL) started its business with the trading of iron and steel scraps, billets and steel long products. The company also decided to trade in mild steel products namely CTD Bars and TMT Bars.