Saturday 7 January 2017

Tata Steel inaugurates Cold Rolling Mill Complex at BARA Phase II |STOCK FUTURE TIPS|EQUITY RESEARCH LAB| 07 january

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Tata Steel Ltd., has informed BSE regarding a press release dated January 06, 2017 titled "Tata Steel inaugurates Cold Rolling Mill ((CRM) Complex BARA Phase II". 

  • Chief guest of the occasion,T. V. Narendran, MD, Tata Steel was happy to see that the learnings and experience from Phase I have been implemented in Phase II. He wished the team a great success in coming years.
  • During Phase I, the reversing mill of 0.25 MnTPA capacity was installed at CRM, BARA, to meet the full hard cold rolled (FHCR) requirement of Tata Blue Scope Ltd., (TBSL).
  • The Phase II expansion of CRM BARA includes installation of 0.3 MTPA hot rolled skin passing mill (HSPM) to meet the increased demand of Hot-Rolled, Pickled, Skin passed and Oiled products (HRSPO) in the Automotive sector for high end customers.
  • To cater to the input requirement of HSPM, the production capacity of the existing pickling line has been increased to 0.68 MTPA from the designed capacity of 0.5 MTPA.
  • Tata Steel Group stands among the top global steel companies with an annual crude steel capacity of 28 MTPA and a turnover of USD 17.69 bn in FY16.

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