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Usha Martin commissions iron ore benefication at Jamshedpur plant

15 Jan 2014 Evaluate

Usha Martin’s iron ore benefication and pellet plant at Jamshedpur has been commissioned and the same is under trial run. Earlier, Credit rating agency, India Ratings & Research had affirmed Usha Martin’s long-term issuer rating at ‘A+’ with Negative outlook.

Usha Martin is a major manufacturer of wire rods, bright bars, steel wires, speciality wires, wire ropes, strand, conveyor cord, wire drawing and cable machinery.

Peers
Company Name CMP
JSW Steel 1267.50
Tata Steel 182.85
Steel Authority 179.00
Jindal Stainless 755.20
APL Apollo Tubes 2153.00
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