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Rama Steel Tubes’ arm signs new annual contract with Huihai Group

10 Jan 2022 Evaluate

Rama Steel Tubes’ (RSTL) stepdown subsidiary -- RST Industries, Nigeria (RSTIL) has signed a new annual contract with Huihai Group, Hong Kong for procuring 15,000 MT per annum of specialized steel SKUs in Nigeria. This contract has exclusive arrangement with RSTL specifically for procurement and supply of 15,000 MT per annum of specialized steel SKUs in Nigeria and these supplies will further strengthen RSTIL's order book and credibility in the mark.

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 1215.70
Tata Steel 175.60
Steel Authority 171.25
Jindal Stainless 736.25
APL Apollo Tubes 2137.60
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