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Rathi Steel & Power starts implementing cost optimisation project

29 Apr 2024 Evaluate

Rathi Steel & Power has commenced implementing Cost Optimisation Project. Almost all major equipment(s) related to the project have already been received at the site / expected to be received soon. The project involves synchronising the steel casting and rolling process.

Once implemented and stabilised, the said project is expected to result in net savings of fuel and yield. It will also enhance sustainability by reducing Carbon Foot Print. The company is targeting to commence Trial Runs of the said project in the month of May 2024. The subsequent stabilisation period may take further time. There may also be some impact on production and sales volumes during the said period due to above project activities.

Rathi Steel & Power is engaged in manufacturing of Rebars and Wire Rods which are broadly categorized as the Long Products in the Steel Industry. 


Rathi Steel & Power Share Price

21.52 0.44 (2.09%)
17-Apr-2026 16:59 View Price Chart
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