Jalna, Maharashtra-based Siddhivinayak Alloys Pvt Ltd., a rebar producer with the brand name Roopam TMT, has installed a new 30 t induction furnace, as per latest SteelMint reports. After the capacity expansion, the long steel producer now has two induction furnaces with a combined capacity of 52 t. The company’s rolling capacity stands at around 400 t per day, officials informed. Currently, the company is offering Fe-500 TMT of size 10-25 mm at INR 48,500/t exw.
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