ARS Steels and Alloy International Pvt. Ltd., a producer of high quality steel products has launched ARS PIXON in Bangalore today.
Ashwani Kumar Bhatia, CMD of ARS, said, "We are proud to launch ARS PIXON The Powerbond Steel in Karnataka. We are seeing Karnataka as the emerging steel production hub in the country. That's why we are trying to manufacture best products made out of newest technology. We have always believed in serving our commitments and thus, ARS PIXON is the result of intensive R&D based on international standards."
The company registered a turnover of Rs.600 crore last year and expects to close March 2018 at Rs.650 crore. In 2018, the company plans to enlarge its current steel melting by establishing 25 MT furnace that will slope up Billet Production capacity to 2,50,000 MTPA plus Rolling Mill capacity to 2,30,000 MTPA.
— Press Release Watch (@PrReleaseWatch) February 9, 2018
Total steel demand in India will reach around 113 million MT by 2022 from 93 million MT in the current FY. India’s installed crude steel capacity is 126 million MT/year. #ARSSteel #SteelIndustry #ARSPixon #ThePowerBondSteel pic.twitter.com/GcEN90vAMX— ARS Steel (@ArsSteel) February 8, 2018
