1.45 (0.77%) Tata Steel has been awarded the first license to produce Structural Weather Resistant Steel (Corten Steel), conforming to IS 11587, to its Jamshedpur plant by the Bureau of Indian Standards (BIS).
The license is given to Tata Steel as part of India’s larger endeavour to reduce country’s dependence on import of shipping containers manufactured using Corten Steel. This special grade steel is predominantly used in the manufacturing of shipping containers and other heavy-duty weather-proof applications including rail wagon side panels, rice mill containers, building construction, street furniture and upmarket works of art, signs, chimineas and fire bowls.
The license provided to Tata Steel to produce Corten steel will contribute to the Government's vision of self-reliant nation - ‘AatmaNirbhar Bharat’, which aims to strengthen India’s manufacturing economy by systemically lowering the dependence on imports across various products.
Tata Steel, the flagship company of the Tata group, is the first integrated steel plant in Asia and is now the world’s second most geographically diversified steel producer and a Fortune 500 company.