Essar Steel launches TMT bars

TMT bars would be sold only in steelhypermarts, the retail outlet of the company. Essar has 63 steelhypermarts in India and two in Indonesia.     

Steelhypermarts offers products according to the need of the customers and ensures immediate delivery, transparent pricing and above all consistent and guaranteed quality, he said.     

He said Essar Steel would not produce TMT bars on its own, but would source it from mills owned by others, but make sure that these are made according to its specifications.     

 

"Our TMT bars will have much higher yield strength and tensile strength values compared to normal TMT bars. This ensures higher material savings in construction," he said, adding that these will have much higher bendability, weldability, corrosion and earthquake resistant power.     

Asked whether the company has plans to enter into long products manufacturing, Amin evaded any direct answer, saying, "We want to consolidate our business first and then may look at it".