Gyscoal Alloys is in process of acquisition of shares up to Rs 6.5 crore in Thai Indo Steel Company, a company incorporated and situated in Bangkok for setting up steel manufacturing business in Thailand. After completion of the investment process and allotment of shares, Thai-Indo Steel Company will become the subsidiary of Gyscoal Alloys.
Gyscoal Alloys 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.
