India: Jalna based Bhagyalaxmi rolling mill ramps up melting capacity

Bhagyalaxmi rolling mill – one of the major rebar manufacturing companies with a brand name of Polaad TMT at Jalna, inaugurated a new induction furnace of 30 t recently. It has currently four furnaces of 30 t each with a total melting capacity of 1200 tpd, shared company official with SteelMint. Yesterday, company’s rebar (size 10-25 mm) offers stood at INR 34,500/t exw.