Tohoku Steel India (TSI), a wholly-owned unit of Tohoku Steel Company, Japan, inaugurated its newly commissioned state-of-the-art heat-resistant steel rods manufacturing facility in Sri City in Tamil Nadu on 19 February 2019.
The company has set up the plant and will expand its activities to improve productivity, upgrade facilities, and acquire new orders.
The plant is constructed over an area of six acre in the Domestic Tariff Zone (DTZ) at an initial investment of around Rs 80 crore. The plant carries out secondary processing on heat-resistant steel rods and soft magnetic stainless steel rods, and produces rods in required sizes as per customers’ specifications.
The current production capacity of the plant is 360 tpa and can be increased up to 2,000 tpa in a phased manner. The plant employs over 50 persons.
This is the company’s very first Indian production unit in Sri City. The company which produces steel rods for automobile application will benefit OEMs and other component manufacturers located in and around Sri City.