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Vardhman Special Steels enters into alliance with Aichi Steel Corporation

05 Nov 2019 Evaluate

Vardhman Special Steels has entered into an alliance with the Japanese Company- Aichi Steel Corporation (main material supplier to the Toyota Group), which is among leading global alloy steel manufacturers.

This alliance will give company access to the latest technology and knowhow, enhance operational efficiencies, open newer markets across geographies and develop a wider range of product offerings, but also pave the way for future green field/brown field expansion leading to long term stakeholder value creation.

Vardhman Special Steels incorporates cutting-edge manufacturing technology, ensuring the highest levels of quality and compliance. Placed among the leading producers of Special and Alloy Steels, the company caters to diverse requirements of hot rolled bars for Engineering, Automotive, Tractor, Bearing and Allied Industries.

Peers
Company Name CMP
JSW Steel 1200.40
Tata Steel 175.80
Steel Authority 169.90
Jindal Stainless 722.60
APL Apollo Tubes 2160.55
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