This will enhance the production capacity of Nabha Steels and Metals to 5,000 MTPM of HR coils. The second phase of expansion, which is expected to commence shortly, will scale up the production output of JTL and add more products to its portfolio.
Jun 17, 2024
JTL Industries, one of the leading premier steel tube producers of India, has announced a significant milestone in connection with the capex plans of its subsidiary Nabha Steels and Metals.
As per the company, it has completed phase 1 of the expansion, enhancing the production capacity of Nabha Steels and Metals to 5,000 MTPM of HR coils, the raw material for the production of ERW steel pipes.
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The second phase, which is expected to commence shortly, will scale up the production output and add more products to JTL’s portfolio offerings.
This expansion will enhance the total backward integration capacity of JTL Industries, support the captive requirements of its Mandi Gobindgarh Punjab plant, and aid EBITDA/ton at this plant by INR 2,000 per ton range.