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Rama Steel Tubes initiates capacity expansion at Khopoli plant

24 Dec 2021 Evaluate

Rama Steel Tubes (RSTL) has initiated capacity expansion at its plant located at Khopoli, Maharashtra. The company has initiated a massive capacity expansion to the tune of around 30,000 MTPA; at its plant located at Khopoli, Maharashtra.

The expansion is expected to be completed by the end of Quarter 4 of FY22, post which commercial production will commence. This additional capacity is mainly aimed at expanding current repertoire of SKUs to include Special Grade Structural Steel and High thickness Tubes to cater to the Infra, Automobile and Solar Sectors.

Rama Steel Tubes is a leading player engaged in the manufacturing and trading of Steel Tubes & Pipes and Rigid PVC (Poly Vinyl Chloride) & G.I. (Galvanised Iron) Pipes in India as well as in the world.

Peers
Company Name CMP
JSW Steel 1354.00
Tata Steel 189.50
Steel Authority 170.80
Jindal Stainless 704.45
APL Apollo Tubes 2186.95
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