Surya Roshni's AP steel unit to begin production from tomorrow

Surya Roshni today announced to start commercial production of steel products at its new facility at Ananthapuramu in Andhra Pradesh from tomorrow.
"Commercial production at the company's newly set up steel pipe plant at Hindupur district Ananthapuramu (AP) for manufacturing of ERW Black and GI Pipes with an installed capacity of 90,000 tonnes per annum" will commence from tomorrow, the company said in a BSE filing today.
With the start of operations at the plant, the company will achieve savings in logistic cost and further leveraging its presence in the premium market of South India, it said.
Surya Roshni is a manufacturing company with business interests in steel tubes and pipes, lighting, fans and appliances, and polyvinyl chloride (PVC) pipes.

The shares of the company closed at Rs 185.25 apiece on the BSE, down 0.99 per cent from the previous close.