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.