SRMB Udyog Ltd (formerly, Steel Rolling Mills of Bengal Ltd) is planning to set up a new unit in Durgapur for an investment of around Rs 20 crore.

According to Mr Ashish Beriwala, Director, the unit would have a capacity of 70,000 tonne of TMT bars and light structurals. At present SRMB has a capacity of 30,000 tpa.

The investment would be funded by internal resources and financial institutions. The plant would be commissioned next year.

The company is planning to tap ongoing domestic infrastructure projects, and would also look at the exports market. Meanwhile, SRMB has developed a new design of the rib pattern of TMT bars to yield more bonding and gripping on the bar with cement mortar. This has around 50 per cent better grip over concrete than the company’s existing TMT bars.  Hennigsdorfer Stahl Engineering GmbH is the technical collaborator of the company, and has also supplied the company’s existing TMT plant.

(TMT or thermo-mechanically treated bars are used for construction as reinforcement for concrete columns.)