Ved Steels & Alloys is planning to set up mild steel billets and TMT bars manufacturing unit at additional MIDC, Jalna in the Jalna district of Maharashtra.
The proposed unit will spread over 5.34 ha of the land parcel and comprises the installation of a 2×40 T induction furnace to produce mild steel billets of 3,96,000 tpa and rolling mill for 3,88,080 tpa TMT Bars by hot rolled process, and 1,06,920 tpa by reheating furnace.
As per the information, the project work will begin only after obtaining environmental clearance (EC), which the company has already applied for.